All posts by Ifreke Inyang

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  Foreign investors may raise Nigeria’s risk profile – BGL

  Analysts at BGL Plc, a research and investment firm, have said that the evolving economic and socio-political environment may heighten the nation’s risk profile among investors. According to the analysts, as the nation prepares for the elections...

  • Posted April 23, 2014
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  Stakeholders want legal backing for National Building Code

  Stakeholders in the building and construction sector have called on the Federal Government to give legal backing to the National Building Code. The code has been accepted by all stakeholders since 2006 but has yet to receive...

  • Posted April 23, 2014
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  FG moves to attract more investment in oil, gas

  The Federal Government on Tuesday inaugurated the organising committee for the 2014 oil and gas trade and investment forum, with a mandate to attract more investment to the oil and gas sector. The Minister of State, Industry,...

  • Posted April 23, 2014
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  Cement dealers in South-west endorse Dangote’s 42.5 cement grade

  Cement dealers and distributors in the South-west have endorsed the newly packaged Dangote cement’s 42.5 grade (3X) and expressed optimism that the entry of the product into the market would help sanitise the building and construction industry....

  • Posted April 23, 2014
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  Nigeria’s foreign trade increases to N5.6trn in third quarter 2013

  Nigeria’s total external merchandise trade increased to about N5.65 trillion in the Third Quarter of 2013, according to the National Bureau of Statistics (NBS). However, total exports declined by 4.5 per cent to about N3.75 trillion compared...

  • Posted April 22, 2014
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  Banks raise investment on e-Banking channels

  Deposit Money Banks (DMBs) in the country have significantly increased the level of investment in their electronic banking channels as part of efforts to combat the rising threat to the alternative banking system. The move, THISDAY gathered...

  • Posted April 22, 2014
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  Nigeria records N317bn increase in merchandise trade

  The National Bureau of Statistics has said the country recorded an increase of N317bn in total external merchandise trade from N5.341tn in the second quarter of 2013 to N5.658tn in the third quarter. In the trade report...

  • Posted April 22, 2014
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  67 Marketers to import 1.8MT of petrol in first and second quarter

  The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has reeled out measures to ensure round-the-clock availability of petrol across the country in a deft move aimed at sanitising the nation’s fuel supply and distribution system. Under the...

  • Posted April 22, 2014
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  Western Union, MoneyGram accused of excessive charges on Africa remittances

  Leading money transfer companies have been accused of imposing a “super tax” on remittances to Africa, according to a report by UK’s leading international development think-tank, the Overseas Development Institute (ODI). The report specifically called on the...

  • Posted April 22, 2014
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  FG to drive broadband access with mobile phones

  It is no longer news that the Federal Government is now, than ever before, committed to driving broadband penetration in the country. But beyond the Open Access model developed by the Nigerian Communications Commission to put in...

  • Posted April 22, 2014
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