All posts by Ifreke Inyang

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  Reps, Nyako, NLC dismiss new GDP figures

  Reactions have continued to trail the rebasing of the country’s Gross Domestic Product, which put the 2013 figures at $509.9bn. While the House of Representatives, Nigeria Labour Congress and the Civil Society Legislative and Advocacy Centre, as...

  • Posted April 10, 2014
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  NRC uncovers N1bn pension fraud, forwards report to Tukur

  The Nigerian Railway Corporation (NRC) has uncovered N1 billion missing from the corporation’s pension funds over a period of three years. A source told THISDAY yesterday that some NRC officials, including top management staff members, had been...

  • Posted April 8, 2014
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  CBN clears former bank chief

  Respite may have started coming  the way of some former bank officials whose clearance had been delayed by the Central Bank of Nigeria (CBN) following the green light given to a former Executive Director of Union Bank...

  • Posted April 8, 2014
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  GDP rebasing will not solve economic problems – Analysts

  The National Bureau of Statistics has just changed the base year for calculating the nation’s Gross Domestic Product to 2010 from 1990. This is meant to reflect changes in the economy of Nigeria, and more accurately assess...

  • Posted April 8, 2014
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  Telecoms to Contribute 15% to GDP by 2015 – Juwah

  The Executive Vice Chairman (EVC), Nigerian Communications Commission (NCC), Mr. Eugene Juwah, has expressed optimism that Information and Communication Technology (ICT) sector will contribute about 15 percent to the country’s Gross Domestic Product (GDP), by 2015. This...

  • Posted April 8, 2014
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  Aero commences operations in Asaba Airport

  Aero Contractors, one of the country’s leading airlines, will today begin scheduled flights at Asaba Airport with Lagos and Abuja as the initial routes. The new operation brings to three the number of airlines operating flights from...

  • Posted April 8, 2014
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  Profit-taking may reduce gains this week — Analysts

  The equities section of the Nigerian Stock Exchange may not record significant rise this week, capital market analysts have said. The analysts based the prediction on possible profit-taking by investors, who may want to cash in on...

  • Posted April 8, 2014
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  Banks need 22,000 workers for biometric registration

  Deposit Money Banks will need to dedicate about 22,000 of their employees to the biometric registration exercise of their customers, sources close to the project have said. According to the officials working on the project, over 20...

  • Posted April 8, 2014
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  Stanbic IBTC Pension preaches early retirement planning

  Stanbic IBTC Pension Managers Limited has advised workers who are enrolled under the Contributory Pension Scheme to understand the importance of early retirement planning. According to a statement on Saturday, the Chief Executive, Stanbic IBTC Pension Managers...

  • Posted April 8, 2014
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  Call centre number will breach communication gap — NIMC

  The National Identity Management Commission has said that its newly unveiled call centre number will breach the communication gap between Nigerians and the commission. The number, it explained in a statement, was introduced typically for individuals with...

  • Posted April 8, 2014
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