All posts by Ifreke Inyang

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  Nigerians frown at the new N750 PHCN service charge

  The inconsistent nature of PHCN service in the country is so bad that some experts have described it to be epileptic in nature. This has been one of the major reasons why most industrialists are afraid to...

  • Posted September 1, 2013
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  Fast food contributes N200bn to economy annually – AFFCON

  The Association of Fast Food and Confectioners of Nigeria, AFFCON, an umbrella body of Quick Service Restaurants, QSR in Nigeria, said it contributes an annual revenue of N200 billion into the growth of the economy. AFFCON among...

  • Posted September 1, 2013
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• First Bank forecasts 10% decrease in loan growth

  First Bank of Nigeria Holdings Plc, on Thursday, forecast slower loan growth of 10 per cent for this year due to the new monetary policy regulation. The Central Bank of Nigeria (CBN) had, at its last monetary...

  • Posted September 1, 2013
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  Guinness Nigeria rewards distributors, promises effective service delivery

  Guinness Nigeria Plc recently rolled out the drums to celebrate its distribution partners for their outstanding contribution to the growth and business success of the company during the 2013 financial year. Known as the Guinness Nigeria Distributors Award,...

  • Posted August 31, 2013
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  FG designates Med-View airlines on six Int’l destinations

  Nigerians doing business in Dubai, the United Arab Emirates capital, will soon have opportunity to fly directly to the city, as the Federal Government has designated Med-View Airlines, one of Nigeria’s domestic carriers to Dubai and other five...

  • Posted August 31, 2013
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  NSE index up 0.27% on NB gain

  After several days of closing in the red, the basic indicators of the Nigerian Stock Exchange (NSE) turned green on Thursday, as gains mainly by Nigerian Breweries Plc, the second largest company by market capitalisation drove equities capitalisation...

  • Posted August 31, 2013
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  Only one out of 77 oil blocks are producing – DPR

  The Department of Petroleum Resources, DPR, Thursday, disclosed that out of  the more than 77 oil blocks awarded between 2005 and 2007, only one is producing, a situation that has called for urgent intervention by the Federal...

  • Posted August 31, 2013
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  CBN to test-run movable collaterals October next year

  FOLLOWING the challenges of access to funds for the Micro, Small & Medium Enterprises (MSMEs) in Nigeria, The Central Bank of Nigeria (CBN) has targeted October 2014 to test-run the registry of movable collaterals. The Director, Development...

  • Posted August 31, 2013
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  Manufacturers disagree over new trade terms

  Nigerian manufacturers have disagreed with the trade terms of the European Union, describing them as capable of hindering the nation’s industrial growth. The new trade agreements, Common External Tariff (CET), Community Levy and the Economic Partnership Agreement...

  • Posted August 31, 2013
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  Money laundering: NFIU to sanction financial institutions over non-compliance

  The Nigerian Financial Intelligence Unit, NFIU, yesterday, threatened to sanction financial institutions in the country, following their non-compliance with certain anti-money laundering provisions. Speaking at a regional training for financial and regulatory institutions on the revised Financial...

  • Posted August 30, 2013
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