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  • NICON Privatisation: Interview with Jimoh Ibrahim

    Group Managing Director of NICON Group, Dr Jimoh Ibrahim (OFR), in this interview with a group of select editors in Abuja, speaks on the Senate inquiry into the privatisation of public corporations . In what state was...

    • Posted September 14, 2011
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  • Pagatech to roll out mobile money transfer nationwide by 2015

    Pagatech Limited, one of the operators issued full operating licence by the Central Bank of Nigeria recently, said it was poised to roll out secure money transfer services to Nigerians with a target to develop 30, 000...

    • Posted September 13, 2011
    • 1
  • Nigeria Bonny Light crude Oil Sales for September, October to Be Delayed

    Nigerian benchmark Bonny Light crude for export in September and October will be delayed by as many as 17 days, a revised loading program obtained by Bloomberg News showed, after Royal Dutch Shell Plc declared force majeure....

    • Posted September 13, 2011
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  • Nigerian index down to 2005 levels

    Nigeria’s all-shares index on Monday tumbled to its lowest since late-2009 and back to levels seen in March 2005 as investors’ jitters weighed on the market. The index fell 0.32 percent to 21,032.53 points, dragged down shares...

    • Posted September 13, 2011
    • 0
  • Guinness Nigeria Profit Rises 31%

    Guinness Nigeria Plc’s full-year net income through June rose 31 percent to 17.93 billion naira ($115 million) from 13.74 billion naira a year earlier, the company said in a statement e-mailed today by the Nigerian Stock Exchange....

    • Posted September 13, 2011
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  • Ecobank to buy 100 pct of Oceanic Bank

    Nigeria’s Oceanic Bank said on Monday it will transfer 100 percent of its share capital to pan-African lender Ecobank Transnational Incorporated (ETI) and merge its operations with ETI’s local unit in a bid to recapitalize ahead of...

    • Posted September 13, 2011
    • 0
  • Govt Mega Projects, The Poverty In Nigeria: The Need For Practical Value

    About 70 percent of Nigeria’s 150 million people live below the poverty line, this figure rose from 54 percent previously. Poverty in Nigeria remains endemic in spite of poverty alleviation works. This development has been described by...

    • Posted September 13, 2011
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  • An Economy Hungry For Power

    Power will be always a strategic asset and resource in realizing nations’ dreams of building great economies or sustaining same. It is near the much you consume that signifies your economy’s strength and influence in the global...

    • Posted September 12, 2011
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  • May & Baker appoints Ezekiel Odunlami Ibidapo and Gloria Ijeoma Odumodu as Directors

    MR Ezekiel Odunlami Ibidapo and Mrs. Gloria Ijeoma Odumodu, have been appointed members of the Board of Directors of May & Baker Nigeria Plc, Pharmaceutical giant. Mr. Ibidapo was appointed Executive Director in-charge of Pharmaceutical Manufacturing Operations...

    • Posted September 12, 2011
    • 0
  • Nigeria 2012 budget will be ready by Nov – Okonjo Iweala

    Nigeria 2012 budget will be ready by next month or in November this year, the Co-ordinating Minister of the economy and Minister of Finance Dr. Ngozi Okonjo-Iweala has said. Speaking with newsmen in Abuja yesterday, she said her ministry...

    • Posted September 12, 2011
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