All posts by Ifreke Inyang

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  Fish farmers lament persistent high cost of feeds

  Fish farmers have decried the continuous increase in cost of fish feeds in the market while the market price of fish falls yearly, leading to exit of many fish farms in Nigeria. According to them, the dependence on...

  • Posted August 26, 2013
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  Domestic transactions in equities rise by N46.7bn

  The total value of domestic transactions carried out by investors on the Nigerian Stock Exchange in June, 2013 stood at N143.59bn, representing an increase of N46.74bn or 48.2 per cent over N96.85bn recorded the previous month. Domestic...

  • Posted August 26, 2013
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  NIMASA, NPA plan electronic access system for ports

  The Nigeria Maritime Administration and Safety Agency has said talks have reached an advanced stage with the Nigeria Ports Authority for the strict monitoring of entry and exit into the nation’s ports with the aid of Electronic...

  • Posted August 26, 2013
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  DMO to ensure judicious use of $1bn Eurobond

  The Director-General, the Debt Management Office, Dr. Abraham Nwankwo, has said the power projects for which the country recently secured a $1bn Eurobond will be judiciously monitored. The $1bn Eurobond offering meant to finance power projects was...

  • Posted August 25, 2013
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  SURE-P intervention in rail modernisation now N32bn

  Over N32bn has so far been spent on the railway modernisation project by the Federal Government under the Subsidy Re-Investment and Empowerment Programme. The figure was given by the Convener, Railway Sub-committee, SURE-P, Mr. Chike Okogwu, during...

  • Posted August 25, 2013
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  Bid opening: NCAA assures on fairness, due process

  The Director of Administration, Nigerian Civil Aviation Authority (NCAA) and Chairman of the Bid Opening of 2013 Procurement Project, Aba Ajembi, has assured bidders that the agency would be fair while considering the bids. The process he said,...

  • Posted August 25, 2013
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  Budget 2013: FG releases N250b for third quarter capital projects

  The Federal Government has released the sum of N250 billion for capital projects for the third quarter of the year to expedite the execution of key infrastructure, security and social projects captured in Budget 2013. This is according...

  • Posted August 25, 2013
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  FG saves N25bn through direct distribution of fertiliser to farmers

  The Federal Government, on Friday, revealed that it saved the sum of N25 billion on fertiliser distribution in the year 2012 by directly supplying the commodity to farmers. The direct supply is part of the Growth Enhancement Scheme (GES) introduced by the Federal  Government,...

  • Posted August 25, 2013
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  Agency to drive industrial development needed – Aganga

  The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, has said it is important for industrial development to be driven by a specific agency. He said this in Ibafo, Ogun State on Friday when he visited...

  • Posted August 25, 2013
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  Chevron, Shell pull out of Olokola LNG project

  Four years after BG Group divested from Olokola LNG project, two other International Oil Companies, IOC, Chevron and Shell, have pulled out, a source has said. Both companies have a combined shareholding of 39 per cent in...

  • Posted August 24, 2013
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