All posts by Caroline Odusanya
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Liquefied Petroleum Gas, A Better Alternative to Kerosene
The Nigeria Liquefied Petroleum Gas Association (NLPGA) has called on the Federal Government to promote the usage of liquefied petroleum gas (LPG), otherwise known as cooking gas, by introducing ‘kerosene to LPG conversion programme’ in the country....
- Posted November 18, 2011
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NAFDAC Warns Against Soaps with Mercury
The National Agency for Food and Drug Administration and Control (NAFDAC) Coordinator in Ekiti State, Mr. Francis Ononiwu, stated yesterday after the agency sealed up some pharmacies that Nigerians must stop using cream and soaps which contain...
- Posted November 18, 2011
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N315b Expenditure On Wheat Importation In Nigeria
The plans to save about N315 billion per annum on the importation of wheat flour into the country has been concluded by the Federal Government. According to the Minister of Agriculture, Akinwumi Adeshina, Nigeria spends a total...
- Posted November 18, 2011
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Honeywell Records 1.9% Improvement In Second Quarter.
HONEYWELL Flour Mills Plc according to its half year unaudited account for the period ended, September 30, 2011, presented a 1.85 per cent increase in its profit after tax for its half year 2011 financial performance to...
- Posted November 18, 2011
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Helios Investment Partners Acquires Multilinks
Helios Investment Partners (HIP) formally announced its acquisition of 100 per cent equity interest in the company from its previous shareholder, Telkom South Africa. HIP, one of the largest Africa-focused private investment firms, with assets under its...
- Posted November 18, 2011
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It Takes Statistical Data to Proffer Solutions to Aviation’s Challenges
At the second meeting of the Aviation Statistical Committee for 2011 in Ota, Ogun State, The Managing Director of the Federal Airports Authority of Nigeria (FAAN), George Uriesi, challenged the committee to come up with a statistical data framework...
- Posted November 18, 2011
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Nigerian Economy Takes A Slow Turn In Third Quarter
Nigeria’s economic growth slowed slightly in the third quarter to 7.4 percent year-on-year as oil output dipped, but a rise in headline inflation in October strengthened expectations for an interest rate rise next week. Gross domestic product (GDP)...
- Posted November 17, 2011
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NIMASA Is Challenged By Management Instability
STAKEHOLDERS in the shipping and maritime sectors have called on President Goodluck Jonathan to appoint professionals in all the departments of the Nigerian Maritime Administration and Safety Agency NIMASA, pointing out that the organization has become more political than...
- Posted November 17, 2011
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26,000 Workers Are Now On Dangote Cement’s Payroll Across West Africa
The Managing Director/CEO, of Dangote Cement, Shree Junnarkar, disclosed that 26,000 workers are now on Dangote Cement’s payrolls across West Africa, He added that out of this figure, in Nigeria, the Group’s Savannah Sugar Company Limited (SSCL),...
- Posted November 17, 2011
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Two Local Firms Purchase Oil Blocks Of Shell
NNPC reveals that two local firms had completed the purchase of 45 per cent stakes in two onshore oil blocks, previously owned by Shell, Total and Eni. NNPC provided that First Hydrocarbon Nigeria (FHN), owned by Afren,...
- Posted November 16, 2011