All posts by Ifreke Inyang

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  Made-in-Nigeria phones to be introduced — PAPDAN

  The Phone and Allied Products Dealers Association of Nigeria on Wednesday said that plans were underway to introduce two new made-in-Nigeria mobile phone brands before December. The President, PAPDAN,  Mr. Godfrey Nwosu, told the News Agency of Nigeria in...

  • Posted October 11, 2013
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  Sambo meets core investors in PHCN successor firms

  The Chairman, National Council on Privatisation, Vice-President Namadi Sambo, has met with core investors in the successor companies carved out of the Power Holding Company of Nigeria. A statement  made  available to  our correspondent by the Head,...

  • Posted October 11, 2013
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  FG targets $3bn from non-oil exports

  The Federal Government said on Wednesday that it was working toward increasing the country’s annual non-oil export revenue to $3bn, the News Agency of Nigeria reported. The Acting Executive Director, Nigeria Export Promotion Council, Mr. Aliyu Lawal, said this...

  • Posted October 11, 2013
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  Nigeria records N6.85tn e-transfers — Report

  The country has recorded N6.849tn worth of electronic fund transfers between January and September this year. A document obtained by our correspondent on Wednesday from the Nigeria Inter-Bank Settlement System showed that NIBBS Instant Pay recorded an...

  • Posted October 11, 2013
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  Customs focuses on scanning in cargo clearance

  The Comptroller-General of the Nigeria Customs Service (NCS), Alhaji Dikko Inde Abdulahi, has stated that the Service will do more of scanning and risk management in cargo clearance at the nation’s ports. Abdullahi, who disclosed this at...

  • Posted October 11, 2013
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  Adesina seeks more EU investment in Nigeria’s Agribusiness

  The Minister of Agriculture and Urban Development, Dr. Akinwumi Adesina, has urged the EU member states to pay more attention to investing in agribusiness in Nigeria, rather than focusing on granting Aids to the country to develop...

  • Posted October 10, 2013
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  Lawmaker commends ban on importation of foreign currencies

  Mr Rotimi Olowo, a member of the Lagos State House of Assembly (LAHA), on Wednesday commended the Central Bank of Nigeria (CBN) for banning the importation of foreign currencies. He said that the measure would curb security...

  • Posted October 10, 2013
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  Nigeria joins Alliance for Affordable Internet

  Nigeria has joined the Alliance for Affordable Internet, an organisation that aims to make the Internet more affordable in developing countries where the cost of access remains a barrier for majority of the populace. The alliance, which...

  • Posted October 10, 2013
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  Inadequate gas supply: ALSCON suffers $60m loss

  The Aluminium Smelter Company of Nigeria said it had lost about $60m due to inadequate gas supply to its facility at Ikot Abasi, Akwa Ibom State since the facility was restarted in 2008. According to the company,...

  • Posted October 10, 2013
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  Active telephone lines drop again by 5.6 million

  The number of active telephone lines in the country fell by 5,601,812 in July, according to the latest report by the Nigerian Communications Communication. The number of active subscribers is now 114,760,406. As of the end of...

  • Posted October 10, 2013
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