All posts by Ifreke Inyang

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  NCC assures that InfraCos will survive business challenges

  The Nigerian Communications Commission (NCC), on Thursday, assured members of the public that the seven Infrastructure Companies (InfraCos) to be given licenses would survive the nation’s business terrain. Eugene Juwah, the Executive Vice Chairman of NCC, gave the assurance in Lagos...

  • Posted November 30, 2013
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  NAICOM set to register five micro-insurance firms

  At least five companies have indicated interest in operating micro-insurance business in the country. This is coming a week after the inauguration of the micro-insurance guidelines in Lagos. An investigation by our correspondent on Thursday showed that...

  • Posted November 30, 2013
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  New car tariff: Reps divided, defer debate

  Members of the House of Representatives were divided on Thursday over a motion seeking to suspend the Federal Government’s new tariff regime on imported used and new vehicles. According to the government, the new regime is to...

  • Posted November 30, 2013
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  Foreigners invest N864bn in Nigerian bonds

  About $5.4bn (N864bn) has so far been invested in the Nigerian bond market by foreign investors, the Director-General, Securities and Exchange Commission, Ms Arunma Oteh, has said. She said the huge foreign investments in the Nigerian bond...

  • Posted November 30, 2013
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  Oil theft: British parliamentarians task Nigeria on surveillance

  Members of the British House of Commons have suggested the use of surveillance aircraft as a better means of tackling incessant cases of oil theft and bunkering in Nigeria. The members said this on Thursday in London...

  • Posted November 30, 2013
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  Price of foreign rice may crash as FG plans tariff cut

  The price of foreign rice may fall ahead of this yuletide as the federal government wants to review downward the 110 percent  import duty and levy it slammed on the commodity January this year to boost local...

  • Posted November 29, 2013
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  Private sector to finance N220bn 4th Mainland Bridge

  The private sector in the country is to finance the construction of the 4th mainland bridge with N220 billion. This was disclosed by the Commissioner for Economic Planning and Budget, Lagos State, Mr. Ben Akabueze, at the...

  • Posted November 29, 2013
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  Capital market records 38% growth – Oteh

  Between January and November this year, the Nigerian capital market has recorded a 38.8 per cent growth, the Director-General, Securities and Exchange Commission, Ms Arunma Oteh, has said. She stated this on Wednesday while addressing market women...

  • Posted November 29, 2013
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  FG to stop kerosene subsidy in 2014

  There are indications that the Federal Government will stop kerosene subsidy in 2014 bringing to an end a scheme that has been widely criticised as corrupt and controversial. Our correspondent learnt on Wednesday that no provision was...

  • Posted November 29, 2013
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  Government moves against corporate tax evaders

  The Federal Executive Council on Wednesday gave its nod to the move by the Federal Inland Revenue Service to strengthen non-oil tax and revenue collection. It also awarded contracts for five road projects totalling N42bn. Ministers, who...

  • Posted November 29, 2013
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