All posts by Ifreke Inyang
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Nigeria at 53: LCCI laments 50% youth unemployment, 67% poverty rate, insecurity
Nigeria’s premier chamber, the Lagos Chamber of Commerce and Industry (LCCI) at the weekend agreed on the need to redirect the nation’s socio-political and economic ship for common good. Reviewing the Nigerian economy at 53 for example, the...
- Posted October 1, 2013
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FCMB commits N44bn to power sector
First City Monument Bank has committed about $275m (N44bn) to the reform programme in the power sector. The figure was given by the Group Head, Project and Structure, FCMB Markets Limited, Mr. Robert Grant, during a special...
- Posted October 1, 2013
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NCAA licenses 26 airlines for flight operations
The Nigerian Civil Aviation Authority has released a list of licensed scheduled commercial and charter airlines in its registry as parts of measures to clamp down on illegal charter airline operations in the country. In the list...
- Posted October 1, 2013
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N776bn lost to corruption in fertiliser sector – Adesina
The Minister of Agriculture, Dr. Akinwumi Adesina, has said the country lost about N776bn between 1980 and 2010 to corruption under the old fertiliser distribution policy. Adesina, who stated this at the end of a three-day Food...
- Posted October 1, 2013
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Search for top 50 brands in Nigeria begins
The search for Nigeria’s top 50 most market acceptable, sustainable and socially responsible brands has started. The criteria for nomination and selection of these brands, to commemorate the nation’s centenary celebration include popularity, good corporate governance, corporate social...
- Posted October 1, 2013
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NIMASA moves to bridge Nigeria’s gap in IMO White List
In the next few months, Nigeria will head to London as part of the meeting of the International Maritime Organisation (IMO) which comes up in November. IMO is an apex world regulatory agency as far as the...
- Posted September 30, 2013
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Stakeholders parley on slow mobile money uptake
Airtel Nigeria’s Director of Regulatory Affairs and Special Projects, Osondu Nwokoro, has identified the exclusion of Telecommunications Operators (TELCOs) from playing very active roles in the implementation of mobile money as a major drawback to the uptake...
- Posted September 30, 2013
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Why electricity tariff was increased – Amadi
Following reports in the media recently on the decadence in the electricity sector in Nigeria, Sunday Vanguard in this encounter engaged the CEO of the Nigeria Electricity Regulatory Commission, NERC, Dr. Sam Amadi on the issue. He ...
- Posted September 30, 2013
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AMCON battles to sell N4bn private jet
The Asset Management Corporation of Nigeria is facing major challenges in selling its N4bn private jet, which it put up for sale through a public notice about four weeks ago. Our correspondent learnt that one of the...
- Posted September 30, 2013
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Transporters want police, FRSC to harmonise motor registration
Transporters have called on the federal and state governments to harmonise and streamline the on-going issuance of vehicle number plates with the proposed introduction of Biometric Motor Registration. The transporters under the aegis of the Association of...
- Posted September 30, 2013