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All posts by Ifreke Inyang

  • FG inaction threatens $37bn natural gas projects

    The Federal Government, either overtly or covertly, is believed to be threatening the take-off of the $12bn Nigeria LNG’s Train 7, $10bn Olokola LNG and the $15bn Brass LNG projects. A business intelligent firm, Oxford Business Group,...

    • Posted January 31, 2014
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  • Job losses loom in telecoms industry

    Some engineers and other employees of telecoms companies in the country may be thrown into the labour market as a result of the decision of the firms to sell off their base stations and towers. The sale...

    • Posted January 31, 2014
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  • Bank security certification: GIS partners STG

    Information Security Consulting firm, Global Info Swift (GIS) has partnered Security Technology Group STG in a bid to strengthen information security controls of financial institutions in the country. This is against the backdrop of the mandate from...

    • Posted January 30, 2014
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  • Nigeria to earn N104bn from cocoa export

    Nigeria will earn about N104 billion from the export of cocoa this year as the output of the product is set to rise by 10 per cent. According to the Cocoa Association of Nigeria, this is due...

    • Posted January 30, 2014
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  • FG to complete sale of Abuja Exchange in June

    The Federal Government has said the proposed sale of the Abuja Securities and Commodities Exchange will be completed by June this year. The director General of the Securities and Exchange Commission, SEC, Arunma Oteh, who disclosed this...

    • Posted January 30, 2014
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  • Reserves: CBN shifts attention from dollar to yuan

    The Central Bank of Nigeria is planning to shift attention from the dollar to the yuan for reserves as the Chinese currency plays a greater role in global trade, Deputy Governor, CBN, Mr. Kingsley Moghalu, has said,...

    • Posted January 30, 2014
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  • UBA commits $700m to power sector

    The United Bank for Africa Plc has extended $700m (N113bn) in funding to different investors toward the acquisition of power assets in Nigeria’s recently privatised power sector. A statement by the bank quoted its Group Managing Director,...

    • Posted January 30, 2014
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  • Nigeria imports 1,500 armoured vehicles yearly – Proforce boss

    Chief Executive Officer, Proforce Limited, Mr. Adetokunbo Ogundeyin, spoke to journalists in Lagos on armoured vehicle importation and manufacturing in Nigeria, among other issues. RASHEED BISIRIYU was there Why are armoured vehicles generally expensive? It is so because of ballistic...

    • Posted January 30, 2014
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  • Toyota Nigeria unveils new generation Yaris

    Toyota Nigeria is starting the 2014 business year with the launch of an all-new Yaris, as part of its determined efforts to remain the biggest automobile company and the highest selling brand in the country. The firm...

    • Posted January 30, 2014
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  • We are ready for recertification – Dana Air

    Dana Air has said that it is prepared to go through another round of recertification to be conducted by the regulatory bodies if the situation calls for it. The management of the airline said it was the...

    • Posted January 29, 2014
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