All posts by Ifreke Inyang

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  FG says power generation hits 4,600MW

  The Federal Government claimed on Thursday that for the first time in Nigeria’s history, it was able to generate 4,600 megawatts of electricity. Before Thursday’s announcement, the country’s highest peak generated power was recorded on December 23,...

  • Posted November 8, 2014
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  House committee raises fears over falling oil prices

  The House of Representatives Committee on Finance on Thursday raised concerns over the continuous fall of crude oil prices. The committee said it might advise the House to return the 2015-2017 Medium Term Expenditure Framework and the...

  • Posted November 8, 2014
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  IOSCO publishes framework for investor education

  The International Organisation of Securities Commissions has published a final report on the ‘Strategic Framework for Investor Education and Financial Literacy’. According to IOSCO, which is the leading international policy forum for securities regulators and global standard...

  • Posted November 8, 2014
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  Passengers condemn rising luggage theft at Lagos airport

  Passengers using the Murtala Muhammed International Airport, Lagos have decried the rising cases of missing items from their checked-in luggage. Accordingly, they have called on the relevant authorities to come up with lasting solutions to ensure that...

  • Posted November 8, 2014
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  Power: FG, States save operators billions in technical training expenditure

  The federal and state governments have again provided some level of financial comfort to operators – generation, distribution and transmission companies – in Nigeria’s emerging electricity sector with its decision to train 7,400 young Nigerians in four...

  • Posted November 8, 2014
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  Data connectivity boosts Airtel’s profit

  Bharti Airtel’s net income in  third quarter(Q3)  surged 170 per cent to INR13.8 billion ($229 million) as growth in data revenue helped deliver the highest quarterly profit in more than three years. Its overall revenue grew seven...

  • Posted November 7, 2014
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  Privatisation: BPE warns Nitel/Mtel bidders to honour deadline

  The Director General, Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki, has advised the prequalified bidders in the Guided Liquidation of NITEL/MTEL to strictly stick to the Friday deadline for the submission of the technical and financial...

  • Posted November 7, 2014
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  Stock market investors lose N528bn in three days

  The downturn in the Nigerian stock market has worsened in the last three days as weaker-than-expected third quarter results by quoted companies and other factors are sending investors closer to panic mode. In just three days of...

  • Posted November 7, 2014
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  LCCI unveils ambassadors for trade development

  Ahead of 2014 Lagos International Trade Fair coming up between November 7 and 16, the Lagos Chamber of Commerce and Industry (LCCI) has unveiled some Nigerian celebrities as goodwill Ambassadors as part of its novel development. Chairman,...

  • Posted November 7, 2014
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  Nigeria needs ubiquitous broadband deployment to create digital economy – Minister

  The Minister of Communications Technology, Dr. Omobola Johnson has said the sufficient availability of broadband across the nook and carnies of Nigeria, will facilitate the creation of a digital economy for Nigeria. She therefore called on the...

  • Posted November 7, 2014
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