All posts by Ifreke Inyang

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  Why we are listing on Nigerian Stock Exchange – Caverton

  Caverton, an indigenous firm with focus on the provision of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, has explained that it is listing on the Nigerian Stock Exchange (NSE)...

  • Posted May 21, 2014
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  NCC bans sale, usage of phone-jamming devices

  The Director, Public Affairs, Nigerian Communications Commission, Mr. Tony Ojobo, on Monday warned against the sale and usage of phone-jamming devices in the country. Ojobo issued the warning in a statement made available to the News Agency of...

  • Posted May 21, 2014
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  Eko Disco to spend N1.3bn on electricity meters

  The Eko Electricity Distribution Company has announced plans to roll out 360,000 electricity meters to customers who are presently being billed without meters through estimation. The project will cost N1.3bn. The Managing Director/Chief Executive Officer, EKEDC, Mr....

  • Posted May 21, 2014
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  Hyosung, Inlaks offer cash recycling ATMs

  An Information Technology outfit, Nautilus Hyosung, in collaboration with its Nigerian partner, Inlaks Computers, has launched a cash recycling Automated Teller Machine capable of using cash deposit to pay customers. According to Nautilus Hyosung and Inlaks Computers,...

  • Posted May 21, 2014
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  FG begins process of merging NAMA, NCAA, NIMET

  Vice President Namadi Sambo on Tuesday inaugurated a special committee saddled with the responsibility of implementing the White Paper on the Steve Oronsaye-led Presidential Committee on Restructuring and Rationalisation of Federal Government Parastatals, Commissions and Agencies. Prominent...

  • Posted May 21, 2014
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  Fitch downgrades Total’s outlook to negative

  Fitch Ratings has revised its outlook on Total SA’s long-term Issuer Default Rating (IDR) to negative, from stable.The global rating agency also affirmed the company’s IDR at ‘AA’. The negative outlook according to a release from Fitch...

  • Posted May 21, 2014
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  $200m Eurobond excites Diamond Bank

  Diamond Bank Plc has expressed delight over the global acceptance that trailed its inaugural $200 million Eurobond last week. Commenting on the successful completion of the road show with international fixed income investors, the Group Managing Director/Chief...

  • Posted May 20, 2014
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  Why we’re restricting low-grade cement – SON

  The Standard Organisation of Nigeria (SON) has explained why the agency was restricting the use of low grade cement-the 32.5MPA- and urging manufacturers to commence the production of the high-grade 42.5MPA. Speaking at the just concluded Public...

  • Posted May 20, 2014
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  There’s excessive cash in the economy — CBN

  The Central Bank of Nigeria  has said  the nation runs a cash-based economy and this informed the central bank’s Cash-Lite Policy which aims to reduce the amount of cash in circulation. The Deputy Governor, Operations, CBN, Dr....

  • Posted May 20, 2014
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  NCAA alerts passengers on weather-related flight cancellations

  The Nigerian Civil Aviation Authority (NCAA) sunday appealed to intending passengers to exercise patience over flight cancellations or delays  due to adverse weather condition. The appeal was contained in a statement made available to  THISDAY by NCAA’s ...

  • Posted May 20, 2014
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