All posts by Ifreke Inyang
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Investors get June deadline on power improvement
The Federal Government on Tuesday gave marching orders to power investors and key operators in the sector to, as a matter of urgency, ensure that there was visible supply of electricity across the country by June this...
- Posted January 8, 2014
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Gas supply, PIB delay NLNG Train 7 project
There are indications that the continuous delay of the 8.4 million-tonne per annum Train 7 project of the Nigeria Liquefied Natural Gas is as a result of the non-passage of the Petroleum Industry Bill and the non-commitment...
- Posted January 7, 2014
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Enterprise Bank’s card named best payment product
Enterprise Bank Limited’s MasterCard Verve has been named the ‘best transaction payment product of the year 2013’ by the Institute for Government Research & Leadership Technology. A statement by the bank quoted a former President of the...
- Posted January 7, 2014
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Capital Market: Operators confident of improved performance despite challenges
Capital market operators expressed confidence that 2014 will be another ‘above average’ year for the stock market and the economy despite the generally perceived risks around the coming elections. They, however, said that there are some nagging...
- Posted January 7, 2014
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Rail Transport: Stakeholders clamour improved quality service
For the railway sector, the key word is better service. For a sector that has endured throughout the colonial period, enormous challenges and neglect in the hands of different governments, analysts and industry watchers believe transformation would...
- Posted January 7, 2014
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Analysts predict low investment this year
Economic and financial analysts have said that 2014, being a run-up to the election year in the country, is a waiting period for most investors as they will like to see the direction the country will go...
- Posted January 7, 2014
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NCAA warns Aero over poor passenger treatment
The Nigerian Civil Aviation Authority has issued a warning to an airline operator, Aero Contractors, over the poor handling of passengers on its Abuja-Calabar flight late last year. The warning, which was issued on December 20, 2013,...
- Posted January 7, 2014
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New tariffs on vehicles, rice will increase inflation — LCCI
Nigerians should expect a higher inflation rate this year, possibly double digit, as new trade policies take effect. The policies include the recent upward review of the tariff on imported vehicles and rice, which will translate to...
- Posted January 7, 2014
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$10.8bn spent on kerosene subsidy, others — NNPC
The Nigerian National Petroleum Corporation has finally admitted that it spent the yet-to-be-reconciled $10.8bn on behalf of the Federal Government. The sum was meant to be paid into the Federation Account. The corporation, on Sunday, said the...
- Posted January 7, 2014
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National automotive policy will not inflict hardship on Nigerians – Jonathan
President Goodluck Jonathan over the weekend assured that the implementation of National Automotive Policy approved by the Federal Executive Council (FEC) in 2012 would not inflict pains on the people. Jonathan gave the assurance when he received...
- Posted January 6, 2014