All posts by Ifreke Inyang

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  Transcorp to open hotel in Port Harcourt

  Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation of Nigeria Plc yesterday announced the signing of an agreement with Hilton Worldwide to develop a 250 guestroom Hilton Hotels & Resorts-branded property in Port Harco​urt. A statement...

  • Posted October 17, 2014
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  Lagos to join oil producing states in 2015

  Lagos State is set to join the league of oil producing states in the country come next year as the joint venture partners on the Aje Field offshore Lagos have taken the final investment decision on the...

  • Posted October 17, 2014
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  Four Nigerian firms win GE, USAID $400,000 Off-grid Energy Challenge

  Four Nigerian companies have emerged winners of the Power Africa Off-Grid Energy Challenge sponsored by General Electric (GE), the United States Africa Development Foundation (USADF) and the United States Agency for International Development (USAID), with each of...

  • Posted October 17, 2014
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  Wema Bank grows profit by 345% to N2.5bn

  Wema Bank Plc yesterday reported highly impressive results for the nine months ended September 30, 2014, indicating that the efforts to reposition the bank have started yielded fruits. Wema Bank recorded an increase of 26 per cent...

  • Posted October 17, 2014
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  Controversy over Heritage’s payment for Enterprise Bank

  There was uncertainty on Wednesday night over whether or not Heritage Bank, the preferred bidder for Enterprise Bank, had fully paid the bid price for the transaction. The Asset Management Corporation of Nigeria said Heritage Bank had...

  • Posted October 17, 2014
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  Nigeria needs smarter electricity metering systems – Techno

  Electricity distribution companies in Nigeria have been urged to deploy smarter prepaid metering systems owing to the peculiarities of the Nigerian market, which is characterised by power supply diversions and meter overloading, among other issues. This observation...

  • Posted October 17, 2014
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  FG proposes $78 oil benchmark for 2015 budget

  The Federal Government has proposed $78 as the benchmark price for a barrel of crude oil and fixed the exchange rate at N160 per dollar for the 2015 national budget. The projection, which was contained in the...

  • Posted October 17, 2014
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  Our ports are attractive to Nigerian importers – Bello

  The Executive Secretary, Nigerian Shippers Council, Mr. Hassan Bello, in this interview with COMFORT OSEGHALE, speaks on the changes in the country’s maritime industry and the controversial Oil and Gas Free Trade Zone Act The most frequent complaint...

  • Posted October 17, 2014
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  World Bank, WTO pledge trade facilitation support for Nigeria, others

  The World Bank Group and the World Trade Organisation (WTO) have agreed to enhance their co-operation in assisting Nigeria and other developing and least-developed countries to better utilise trade facilitation programmes which can help countries reduce trade...

  • Posted October 17, 2014
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  Apple launches the world’s thinnest tablet – iPad Air 2 [PHOTOS]

  Apple has unveiled a new ultrathin version of its iPad Air which the firm claims is the world’s thinnest tablet at 6.1mm. It also revealed its Apple Pay system to turn the iPhone 6 into a credit...

  • Posted October 16, 2014
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