All posts by Ifreke Inyang

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  Microsoft appoints Satya Nadella as new CEO

  Microsoft Corp, Tuesday,  announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately. This is even Bill Gates steps up to new role as...

  • Posted February 5, 2014
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  16 days crude sales enough to build a refinery – PENGASSAN

  Oil workers, under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, have expressed concern over the inability of the Federal Government to build additional refineries over the years, saying Nigeria’s crude output...

  • Posted February 5, 2014
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  IPMAN dispels fuel scarcity rumour

  The Independent Petroleum Marketers Association of Nigeria has advised members of the public to avoid panic buying of petrol, saying there is enough fuel in the country. The National President, IPMAN, Mr. Aminu Abdulkadri, said this during...

  • Posted February 5, 2014
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  FG seeks financiers for power firms

  Disturbed by the inability of most investors in the recently privatised power generation and distribution firms to raise funds to run the operations of the plants, President Goodluck Jonathan has directed Vice-President Namadi Sambo to convene a...

  • Posted February 5, 2014
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  Guaranty Trust Bank begins Kenya operations

  Guaranty Trust Bank will open its outlets over the weekend and even deliver cash at home for Kenyan depositors, its chief executive said. The bank is aiming to win market share in one of the toughest markets...

  • Posted February 5, 2014
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  $20bn crude sales by NNPC not in Federation Account – Sanusi

  The Central Bank of Nigeria Governor, Mr. Lamido Sanusi, on Tuesday raised a fresh alarm that the Nigerian National Petroleum Corporation had yet to repatriate to the Federation Account, a sum of $20bn out of the $67bn...

  • Posted February 5, 2014
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  Oando awaits approval for $1.55bn ConocoPhillips acquisition

  Oando Plc, an indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges, says it has met all the financial considerations for the acquisition of the $1.55bn ConocoPhillips’ Nigerian assets. The company, in a statement...

  • Posted February 4, 2014
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  5 African start-ups to get grants from Microsoft 4Africa

  Committed to helping Africa improve its global competitiveness, the software giant, Microsoft Corp. has said that five African startups from Nigeria, Uganda and Kenya will get innovation grants designed to provide the financial support needed to cross...

  • Posted February 4, 2014
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  Shortage of low currency denominations hits small businesses

  The shortage of lower denominations of the nation’s currency in circulation has impacted negatively on small businesses in Port Harcourt, the News Agency of Nigeria (NAN) reports. Investigations by NAN in Port Harcourt shows that N20, N50 and N100 denominations were in short supply. The investigation shows...

  • Posted February 4, 2014
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  WTO seeks transparency in Nigeria’s trade policies

  The World Trade Organisation has called on the Federal Government to ensure transparency and inclusiveness in the formulation and implementation process of the country’s trade policies. The Deputy Director-General, WTO, Ambassador Yonov Agah, stated this on Saturday,...

  • Posted February 4, 2014
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