All posts by Ifreke Inyang

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  Oando offers buy opportunity as stock falls 21%

  Stockbrokers have said the N9.32 share price of Oando Plc offers a buy opportunity for investors considering the growth potential in the company. Shares of Oando have dipped by 21 per cent in the last three days...

  • Posted September 20, 2013
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  UBA goes paperless with debit card pin

  United Bank for Africa Plc, has introduced an innovation in Card PIN management which allows Customers of the Bank immediately select their Personal Identification Numbers (PIN) for their Debit Cards. This eliminates the current process of handing...

  • Posted September 19, 2013
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  Banks caution cutomers on scam mails

  Some banks in Lagos on Tuesday warned customers not to respond to requests for their personal bank details over the Internet, telephone or in person. Mr Francis Barde, Head, Corporate Affair Department, Union Bank, said that more...

  • Posted September 19, 2013
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  Brass LNG suffers another setback

  Brass LNG Limited, the two-train, 10 million-metric tonne per year project, has again suffered a setback as Oando Plc has terminated the purchase agreement it had with ConocoPhillips. The Final Investment Decision on the Brass LNG project...

  • Posted September 19, 2013
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  Tambuwal decries low capital budget implementation

  The Speaker of the House of Representatives, Aminu Tambuwal, on Thursday in Abuja decried the low implementation level of the capital component of the 2013 budget. Tambuwal, who made the remark in an address of welcome to...

  • Posted September 19, 2013
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  Oil exports declined by 11% in Q2 – NBS

  The country’s oil exports declined at a slower pace in the second quarter compared with the previous three months, according to the National Bureau of Statistics. Crude shipments fell by 11 per cent to N2.7tn ($16.6bn) last...

  • Posted September 19, 2013
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  Reserved bidder sues BPE, NCP over Enugu Disco

  Eastern Electric, the reserve bidder for the Enugu Electricity Distribution Company, has sued the Bureau of Public Enterprises and the National Council on Privatisation to enforce its right to acquire 60 per cent stake in the power...

  • Posted September 19, 2013
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  CIBN seeks special intervention fund for real, agric sectors

  The Chartered Institute of Bankers of Nigeria (CIBN) has called on the Federal Government to intensify the implementation of infrastructure development programmes and provide special intervention funds for real and agricultural sectors in order to ensure the...

  • Posted September 19, 2013
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  Nigeria, France to set up trade, investment council

  The Federal Government on Monday began moves towards setting up the Franco-Nigeria Trade and Investment Council. Both countries have also agreed to collaborate in order to develop their respective Small and Medium-scale Enterprises. The FNIC, according to...

  • Posted September 18, 2013
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  Eko Atlantic city to have 1,200 high-rise buildings – Fashola

  Governor Babatunde Fashola of Lagos state Tuesday reiterated the commitment of his administration to reduce the housing deficit in the state, saying “not less than 1, 200 high-rise buildings will be erected in the ongoing Eko Atlantic...

  • Posted September 18, 2013
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