All posts by Ifreke Inyang

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  FG approves N1.9bn for Onitsha transmission line replacement

  The Federal Executive Council on Wednesday during its first meeting of the year approved a N1.9bn contract for the supply of 746 kilometres of aluminium conductor composite core reinforced for the re-conduction of the Onitsha-New Haven 330KV...

  • Posted January 17, 2014
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  Metering policy in oil industry begins February 1

  The full implementation of the accurate metering policy in the oil and gas sector by the Weights and Measures Department of the Ministry of Industry, Trade and Investment will begin on February 1, the Federal Government has...

  • Posted January 17, 2014
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  ConocoPhillips’ exit delays Brass LNG take-off

  Indications emerged on Tuesday that the Final Investment Decision for the Brass LNG project located in Bayelsa State might suffer a further delay due to the shareholding vacuum created by the exit of ConocoPhillips and low interests...

  • Posted January 16, 2014
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  Kwara not owing AMCON – Finance commissioner

  The Kwara State Commissioner for Finance, Mr. Demola Banu, has said the state does not owe the Asset Management Corporation of Nigeria. AMCON had early last year advised banks to stop advancing loans and other credit facilities...

  • Posted January 16, 2014
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  Bread, meat price increases raise inflation to 8%

  The National Bureau of Statistics on Tuesday released the Consumer Price Index for the month of December 2013. The report, signed by the Statistician-General of the Federation, Dr. Yemi Kale, stated that the country’s inflation rate rose...

  • Posted January 16, 2014
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  Global economy at turning point – World Bank

  The world economy is projected to strengthen this year, with growth picking up in developing countries and high-income economies appearing to be finally turning the corner five years after the global financial crisis, the World Bank says...

  • Posted January 16, 2014
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  NAICOM appraises impact of reforms on insurance industry

  The National Insurance Commission, NAICOM, has said that the country is much likely to attain a sustained economic growth and development if it can adapt its insurance industry with innovative ways that will bring on board the...

  • Posted January 16, 2014
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  Nigeria, Germany strengthen economic ties through trade facilitation

  Nigeria and the Federal Republic of Germany are set to partner on trade facilitation and Micro, Small and Medium Enterprises (MSMEs) development as part of efforts to strengthen the already existing  economic ties  between the two countries....

  • Posted January 16, 2014
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  10 million farmers register for FG’s agriculture scheme

  The Federal Government said on Wednesday in  Kaduna  that no fewer than 10 million farmers had so far been registered under the Growth Enhancement Scheme of its  Agricultural Transformation Agenda Programme. The Director, Federal Ministry of Agriculture,...

  • Posted January 16, 2014
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  UPDC boosts luxury housing with six new projects in five states

  FOREMOST real estate development company, Messrs UACN Property Development Company Plc, has unveiled plans to boost its rich portfolio of real estate development with six new projects commencing simultaneously in five cities across Nigeria this year. The...

  • Posted January 15, 2014
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