All posts by Ifreke Inyang

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  Foreign investors plan $16bn investment in Delta

  The Delta State government has attracted more than 16 billion dollars worth of investment for its export free zone, which is expected to create some 500,000 jobs The state governor, Dr Emmanuel Uduaghan, said in Warri, Delta...

  • Posted October 5, 2013
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  Government to establish $400m development finance institution

  The Federal Government has said that it will set up a development finance institution that will make access to funds easy in the economy. The institution is expected to take off in the next 18 months with...

  • Posted October 5, 2013
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  NSE picks holes in CISI Bill

  The Nigerian Stock Exchange, NSE, has listed areas of concern in the proposed Institute of Securities and Investment, CISI Bill, currently before the National Assembly, saying that the Bill in its current state is not adequately defined...

  • Posted October 5, 2013
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  Jonathan inaugurates 434MW Geregu power plant

  President Goodluck Jonathan on Thursday signalled the intention of the Federal Government to provide uninterrupted power supply across the nation as he inaugurated the Geregu II gas power plant. The Geregu II plant, with capacity to provide...

  • Posted October 5, 2013
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  Airtel ranked amongst Africa’s top ten most admired brands

  Bharti Airtel, a leading telecommunications service provider with operations in 20 countries across South Asia and Africa, has consolidated its position as one of Africa’s top ten most admired global brands. A new survey conducted by the...

  • Posted October 5, 2013
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  World Bank, French agency provide $230m for rural roads

  The World Bank and the French Development Agency have said they are supporting the development of rural communities and the modernisation of agriculture in Adamawa, Enugu, Osun and Niger states with $230m under the Second Rural Access...

  • Posted October 5, 2013
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  Domestic debt market has increased foreign exchange flow – DMO

  The Debt Management Office (DMO) on Friday said that its domestic debt market initiative had helped to increase inflow of foreign exchange. It said that this had also contributed to the growth of external reserves and stability...

  • Posted October 5, 2013
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  Shell restores gas supply to Nigeria LNG export plant

  Nine days after it declared a force majeure, Shell Production Development Company, has resumed deliveries to Nigeria Liquefied Natural Gas Limited plant on Bonny Island. Anne-Marie Palmer-Ikuku, spokeswoman for Nigeria LNG today Bloomberg in an e-mailed response...

  • Posted October 4, 2013
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  Congestion: FG orders stoppage of vessels to terminals

  IN a bid to resolve the issue of port congestion currently being experienced at the Lagos ports, the Federal  Government  has ordered that vessels should not be stemmed to terminals until their backlog are cleared. This was...

  • Posted October 4, 2013
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  Nigeria must stop gas flaring — UN, others

  The Chairman, United Nations Sustainable Energy for All, Dr. Kandeh Yumkella, and other experts have called on the Federal Government to end gas flaring in Nigeria. Yumkella, in a keynote address at the 26th World LP Gas...

  • Posted October 4, 2013
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