All posts by Ifreke Inyang

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  Oil theft: FG to leverage surveillance technology

  There are strong indications that the Federal Government will be leveraging contemporary surveillance technologies to check the increasing menace of oil theft and pipeline vandalism in the country. It is expected that this will involve the deployment...

  • Posted December 29, 2013
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  Firm discovers gold in Kogi

  Mining firm, Kinsfield Energy Limited has made a commercial gold ore discovery at one of its fields in Yagba West Area of Kogi State, Nigeria. The Chief Executive Officer, Mr. Adekunle Akintola, in a statement, said, “Kinsfield...

  • Posted December 29, 2013
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  Access Bank, others advocate adoption of sustainable banking principles

  As part of its strategy towards enhancing the implementation of the Nigerian Sustainability Banking Principles, Access Bank Plc, International Finance Corporation and other signatories of the NSBP have advocated a holistic implementation of the NSBP in order...

  • Posted December 29, 2013
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  19,439 benefits from FG’s staff housing loan scheme

  Nineteen thousand, four hundred and thirty nine federal civil servants have benefited from the staff housing loan scheme by the Federal Government to solve housing deficit in the country. Permanent Secretary, Federal Ministry of Transport, Engr. Nebolisa...

  • Posted December 28, 2013
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  Phone dealers beg CPC, vow to remove fake handsets

  Phones and Allied Products Association of Nigeria have appealed to the Consumer Protection Council, CPC, for more time to withdraw fake phones from the market before January 20thnext year. The appeal was made when a team of...

  • Posted December 28, 2013
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  West Africa cases: World Bank unit toughens employee rules

  The International Finance Corporation, the World Bank’s private sector lending arm, has toughened rules for employee engagement with client companies after a controversy over the way two executives in West Africa jumped to groups that had received...

  • Posted December 28, 2013
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  Keystone Bank fires senior management workers

  About a month after sacking a good number of its workers, Keystone Bank Limited has again fired a significant number of its workforce -majority of the affected employees belonged to the senior management cadre. Keystone Bank, one...

  • Posted December 28, 2013
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  NCRIB gives brokers survival tips

  The Nigerian Council of Registered Insurance Brokers has proffered strategic partnerships, mergers and acquisitions as survival options for insurance brokerage practitioners in Nigeria. The President of the council, Mr. Ayodapo Shoderu, said the options were to remove...

  • Posted December 28, 2013
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  External reserves fall $6bn below target

  The nation’s external reserves have again fallen by $6bn below the Federal Government’s $50bn target, according to the latest figures obtained from the Central Bank of Nigeria. The statistics showed the reserves recorded $43.93bn as of December...

  • Posted December 28, 2013
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  FG to concession jetties

  To ensure their optimal performance, the Federal Government plans to concession all its jetties to private operators next year. The Lagos Area Manager, National Inland Waterways Authority (NIWA), Mr Muhammed Sambo, told reporters that the government took...

  • Posted December 27, 2013
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