All posts by Afolabi Ogunde

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  N5,000 Note to Become Legal Tender in 2013

  The Central Bank of Nigeria will introduce a N5,000 banknote into the country’s monetary system as early as the first quarter of next year. Also the CBN disclosed that it will transform the N5, N10 and N20...

  • Posted August 24, 2012
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  Naira Weakens To Lowest In Week On Dollar Demand

  Nigeria’s naira depreciated to the lowest in more than a week as dollar demand increased after the end of public holidays before a central bank auction. The currency of Africa’s biggest oil producer declined 0.3 percent to 158.23...

  • Posted August 23, 2012
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  AfDB establishes $11m Research centres for students

  The Resident Representative of African Development Bank, Dr. Dore Ousmane, said on Wednesday that the bank had established $11m Information Technology-based research centres to enhance science and technology education for students. Ousmane made this known in an...

  • Posted August 23, 2012
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  Delta Claims 2012 Budget Implementation at 50%

  Delta State Government says it has implemented its 2012 budget by about 50 per cent. The state Commissioner for Economic Planning, Mr. Kenneth Okpara, said this on Wednesday at the commencement of the state’s 2013 budget preview...

  • Posted August 23, 2012
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  Interswitch CEO Clinches CNBC Business Leaders’ award

  The All African Business Leaders Awards (AABLA) has awarded the Managing Director of Interswitch, Mitchell Elegbe, the 2012 West Africa Business Leader of the Year. The AABLA, an initiative of CNBC Africa serves as a platform to discover...

  • Posted August 23, 2012
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  House of the Week: Stylishly finished N3.5m Three-Bedroom Luxury Serviced Apartment to rent in Ikeja G.R.A, Lagos

  This 3 bedroom apartment comes with all rooms en-suite, with swimming pool in a large compound, Generator. Ikeja G.R.A. is an integral part of IKEJA – a suburb of the city of Lagos State and the State...

  • Posted August 23, 2012
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  Ondo Grants N1 billion to Entrepreneurs

  The Ondo State Commissioner for Commerce and Industry, Tayo Akinjomo says the state government has so far disbursed the sum of N1 billion to Small and Medium scale Entrepreneurs. He told the News Agency of Nigeria (NAN) in Akure...

  • Posted August 23, 2012
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  Transcorp Hilton to host Benny Ark Show

  The Transcorp Hilton Hotel, Abuja is set to host the median edition of Benny Ark Show, titled ‘RADIOMEETS’ on the 25th of August 2012. The event which is expected to feature music, inspiration, fashion and comedy will...

  • Posted August 23, 2012
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  NNPC Awards Niger Delta Militants Billions in Security Contracts

  The Nigerian National Petroleum Corporation (NNPC) pays Niger Delta militants billions of Naira in security contracts according to senior officials of the apex oil body. The revelation first published in yesterday’s Wall Street Journal reveals that the...

  • Posted August 23, 2012
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  Nigeria Plans To Boost Bonny Light Crude Exports In October

  Nigeria, Africa’s largest oil producer, plans to increase Bonny Light daily crude exports for October by 49 percent from September to 236,613 barrels a day, according to a loading program obtained by Bloomberg News. The October schedule comprises...

  • Posted August 22, 2012
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