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NAHCO expresses commitment to diversification, transformation programmes

By Michael Eboh Nigerian Aviation Handling Company (NAHCO) Plc has expressed its commitment to its diversification programme and also plans to further consolidate on its leadership position in the ground handling business in the country. The new Chairman of the company,  Senator Ike Nwachukwu, who made this statement, noted that the company, since its privatisation,
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Afribank shareholders want preliminary objection heard alongside substantive suit

Afribank Nigeria Plc and its shareholders have asked a Federal High Court sitting in Lagos to hear the preliminary objections raised by Central Bank of Nigeria, CBN, and others alongside their substantive suit, challenging the dissolution of the bank’s board without giving them a chance to respond to alleged indictment by the apex bank’s Special Examination report.

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MicroGraam launches online marketplace

Bangalore-based MicroGraam has launched India’s first auction- and reputation- based microfinance online marketplace that enables people to invest at the lowest interest rate that the free market will bear. Funded by entrepreneurs – Sekhar Sarukkai and Rangan Varadan-, MicroGraam uses mobile and internet technologies, and uses open marketplaces, to bring down interest rates paid by
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NAIC, Grand Cereals compensates livestock farmers

NIGERIA Agricultural nsurance Corporation (NAIC) has compensated farmers who suffered losses as a result of mortalities of their livestock caused by Marek Disease, a viral infection common with birds to Grand Cereals & Oil Mills Limited (GCOML), a subsidiary of UAC of Nigeria Plc and makers of Vital Feeds, Nigeria’s foremost animal feeds for livestock, in collaboration with the farmers were compensated proportionally according to the number of birds lost to the dreadful disease.

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