All posts by Ifreke Inyang

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  Seplat’s market value rises by N6.8bn to N377bn

  The market capitalisation of Seplat Petroleum Development Company Plc increased by N6.841 billion, following listing of additional 10.026 million shares of 50 kobo  of the company on the Nigerian bourse. The Nigerian Stock Exchange (NSE) had on...

  • Posted May 13, 2014
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  Why cement price is still high –Dangote

  A major manufacturer of cement in the country, Dangote Cement Plc, has explained that the recent increase in the price of the commodity is due to low production of the commodity is as a result of turnaround...

  • Posted May 13, 2014
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  Nigerian Breweries, Consolidated Breweries in merger talks

  Nigerian Breweries Plc and Consolidated Breweries Plc are in talks over a possible merger of both firms. In a joint statement, which was made available to our correspondent on Sunday, the firms confirmed that their respective boards...

  • Posted May 13, 2014
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  Substandard mobile phones flood Nigerian market

  The Nigerian mobile phone market is currently under siege as a lot unpopular brands, many of which are substandard, are fast penetrating the market. The very low prices of these devices and poor purchasing power of most...

  • Posted May 13, 2014
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  Glo will lead broadband revolution in Nigeria – Jameel

  Telecoms company, Globacom, has said it will be the biggest player in Nigeria’s broadband market following the Federal Government’s agenda to revolutionise broadband access in the country. The Group Chief Operating Officer of the company, Mr. Mohamed...

  • Posted May 13, 2014
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  Analysts lament delayed 2014 budget

  With less than seven months to the end of 2014, experts have continued to express concern over the delay in signing this year’s appropriation bill into law. They noted that the budget tagged: “Budget for Jobs and...

  • Posted May 13, 2014
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  Non-oil export earnings increase to $426.46m in February

  The 12.5 per cent leap in the total value of non-oil export recorded in the month of February may have raised the prospect of bumper revenue earnings and foreign exchange accumulation by the Federal Government this year....

  • Posted May 12, 2014
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  We’re getting a lot of investments into agriculture sector – Adesina

  Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, told Dele Ogbodo, that with the hosting of the World Economic Forum on Africa, Nigeria is attracting about $4 billion private investments into the agriculture sector What is...

  • Posted May 12, 2014
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  Dangote to complete $600m cement factory in Tanzania

  The President of Dangote Group, Alhaji Aliko Dangote, on Sunday said the group was partnering with the government of  Tanzania  to complete a $600m cement factory in the east African country. He said the plant in Tanzania had already...

  • Posted May 12, 2014
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  FAAN explains why there’s lull in airports projects execution

  The Federal Airports Authority of Nigeria (FAAN), Friday attributed the seeming lull in the execution of projects in some of the nation’s airports to the late passage of the 2014 budget. The General Manager, Aviation parastatals, Mr....

  • Posted May 12, 2014
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