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All posts by Ifreke Inyang

  • Kerosene not covered by N1.4tn subsidy – Okonjo-Iweala

    The Minister of Finance, Dr. Ngozi Okonjo-Iweala, said on Monday that the N1.4tn spent by the Federal Government on subsidy covered only petrol because no provision was made for subsidy payment on kerosene. Okonjo-Iweala, who appeared before...

    • Posted November 6, 2013
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  • Nigeria will longer be cheated in air services agreements – Bush-Alebiosu

    Honourable Dayo Bush-Alebiosu is the Chairman, House Committee on Treaties and Agreements, which was inaugurated in the House about a year ago. In this interview with Aviation reporters, he speaks on several issues in the Nigerian aviation...

    • Posted November 5, 2013
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  • Government paying lip service to housing — NIESV

    The Nigerian government has been accused of paying lip service only to the issue housing development in the country. Chairman, Faculty of Housing, Nigeria Institution of Estate Surveyors and Valuers (NIESV), Chief Kola Akomolede, made the accusation...

    • Posted November 5, 2013
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  • N589bn raised from capital market since 1999 — SEC

    The Securities and Exchange Commission (SEC) has disclosed that N589 billion has been raised from the Nigerian capital market since 1999 to date. The Director General, SEC, Ms. Arunma Oteh disclosed this , saying capital market serves...

    • Posted November 5, 2013
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  • CBN targets lower inflation rate – Report

    The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has lowered the nation’s inflation target band for next year to six per cent to nine per cent. According to a Bloomberg report, the bank ideally wants to reduce the...

    • Posted November 5, 2013
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  • Economic growth fell by 0.8% in 2012 – CBN

    The growth  of the nation’s economy dropped by 0.8 per cent from 7.4 per cent in 2011 to 6.6 per cent in 2012, according to the Central Bank of Nigeria’s 2012 yearly report. The report, released on...

    • Posted November 5, 2013
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  • Okonjo-Iweala predicts $12bn revenue shortfall

    Revenue earned by the country this year may be as much as $12bn short of budget estimates as theft of crude and output disruptions persist in the oil-rich Niger River Delta, the Minister of Finance, Dr. Ngozi...

    • Posted November 5, 2013
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  • BlackBerry scraps search for buyer, ousts CEO

    BlackBerry abandoned hopes of finding a buyer, and instead pegged its future on a $1 billion cash infusion as it shook up top management Monday and named a new chief executive. The Waterloo, Ontario-based company’s announcement comes...

    • Posted November 4, 2013
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  • Abuja fish farmers to benefit from FG’s aquaculture programme

    About 840 fish farmers in Abuja will benefit from the Federal Government’s Growth Enhancement Support (GES) scheme for the Aquaculture Value Chain. Folake Areola, the Director of Fishery, Federal Ministry of Agriculture and Rural Development, said this...

    • Posted November 4, 2013
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  • Analysts set agenda for post-Sanusi’s tenure

    With his chain of achievements, which include inflation moderation, fiscal stability and successful banking sector reform, the outgoing Central Bank of Nigeria Governor Mallam Sanusi Lamido Sanusi, who is expected to bow out in June next year,...

    • Posted November 4, 2013
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