All posts by Afolabi Ogunde

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  Private Sector Calls on Government to Suspend Electricity Tariff Hike

  The Organized Private Sector (OPS) has called on the government not to implement its proposed tariff hike scheduled for launch in a few days. Speaking to journalists in Lagos over the weekend, the Chairman of Manufacturers Association...

  • Posted May 28, 2012
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  China Increases Orders as US Reduces Demand for Nigerian Crude Oil

  Due to surging output and refinery closures in North America, the United States has cut back its orders for supply of Nigeria’s crude oil. Nigeria was the 5th largest supplier of crude to the USA and the...

  • Posted May 28, 2012
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  US Government Report Highlights 13 Ways the Nigerian Government is Similar to Boko Haram

  Boko Haram, with its campaign of incessant bombing commits murder and slaughters the lives of countless innocents without mercy. The Nigerian government, with its campaign of mindless corruption, diversion of public resources into private bank accounts, conversion...

  • Posted May 27, 2012
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  In Lagos, merriment can land you in trouble!

  Forget that the word merriment is a correct English word. In the Nigeria we live in today, there are certain proper words that lose their ‘properness’ once they find their way into the mouths of certain groups...

  • Posted May 25, 2012
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  FG Yet to Pay for SURE Buses Delivered During Protests – Supplier

  The Federal Government has yet to pay the supplier of the mass transit buses it acquired in February under the Subsidy Reinvestment and Empowerment (SURE) scheme. The supplier of the buses, VON Automobiles Nigeria Limited has alleged...

  • Posted May 25, 2012
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  Airtel ranked amongst top 100 global brands

  BHARTI Airtel, a leading global telecommunications company with operations in 20 countries across Asia and Africa, yesterday, joined the elite club of most valuable top 100 global brands. With an overall ranking  of  71 and brand value...

  • Posted May 25, 2012
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  Labour Shreds Nnaji’s Electricity Tariff Hike Plan

  TOP government functionaries had a tough time selling the new electricity tariffs regime to Labour leaders yesterday at a town-hall meeting in Abuja where President of the Trade Union Congress, Peter Esele, shredded the proposal. Curiously though,...

  • Posted May 25, 2012
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  Bilateral Trade with Brazil Tops N 1.4 trillion

  Sorronnadi Ezebuiro, the Secretary General of the Nigerian Brazil Chamber of Commerce has disclosed that the bilateral trade between Nigeria and the South American country has reached N 1.4 trillion. Speaking to journalists during the inauguration of...

  • Posted May 25, 2012
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  Oando Q1 2012 Net Income Slides 5% YoY

  Oando Plc has released its Q1, 2012 results to the Nigerian Stock Exchange. Revenue increased to N 158 billion, up 38% from the N 115 billion it made in Q1, 2011. Production costs soared by 45%, topping...

  • Posted May 24, 2012
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  ETI Informs Investors on Dividend Payment Schedule

  Ecobank Transnational Incorporated (ETI) has formally informed The Exchange that the closure date of register of the company will be Monday, July 2, 2012 while the dividend payment date will July 17, 2012. This according to ETI...

  • Posted May 24, 2012
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