All posts by Ifreke Inyang

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  Ethiopia Airlines begins international flights from Enugu airport

  The Federal Government, weekend, confirmed that Ethiopian Airlines would commence direct flights to and from Akanu Ibiam International Airport, Enugu, from Saturday, August 24, 2013. This would be the first international flights to be operated into the...

  • Posted August 19, 2013
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  NSE bearish trend not sign of crash – CIBN chief

  A former President of the Chartered Institute of Bankers of Nigeria, Mr Okechukwu Unegbu, has urged investors not to panic over the current bearish trend of the Nigerian Stock Exchange. Unegbu said in Lagos that the lull...

  • Posted August 19, 2013
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  CBN moves against dud cheque issuers

  If you are a bank customer and you issued dud cheques at least three times since July 5, then you have something to worry about. The Central Bank of Nigeria (CBN) has directed all banks to compile...

  • Posted August 19, 2013
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• First Bank deploys technology to reduce N60bn unclaimed dividend

  As part of its effort to reducing the growing unclaimed dividend amounting to over N60 billion in the Nigerian capital market , First Registrars Nigeria Limited has unveiled a new technology,  First Dividend Plus Prepaid Card &...

  • Posted August 19, 2013
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  Four Nigerian banks raise N234b from international capital market

  Four Nigerian banks have raised $1.45 billion (N234.102 billion) from the creation of sovereign benchmark in the International Capital Market (ICM), the Debt Management Office (DMO) said on Friday. The DMO Director-General, Dr Abraham Nwankwo, said this...

  • Posted August 18, 2013
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  FG services debts with N136bn in three months

  The Federal Government spent N136.77bn on servicing its domestic and external debts in the first three months of this year. The amount is contained in the Budget Monitoring and Evaluation report prepared by the Budget Office of...

  • Posted August 18, 2013
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  Navy, NSCDC seek stiffer penalty for oil thieves

  The Nigerian Navy and the Nigeria Security and Civil Defence Corps have advocated a stiffer punishment for oil thieves. The nation, which is losing over $7bn (N1.13tn) in revenue annually to oil theft, has continued to battle...

  • Posted August 18, 2013
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  Okonjo-Iweala, Johnson lead NSE’s listing drive

  The Federal Government has intensified efforts to get more companies, especially those in the telecoms and oil and gas sectors, listed on the Nigerian Stock Exchange. The Coordinating Minister of the Economy and Minister of Finance, Dr....

  • Posted August 18, 2013
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  IFC to facilitate additional 1500 MW to national grid

  International Finance Corporation, IFC has announced its plans to support investments that will add 1, 500 megawatts of power generation to the national grid. Addressing news men in Lagos, IFC Vice President for Sub-Saharan Africa, Latin America...

  • Posted August 18, 2013
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  PZ offers 56 kobo dividend, as Zenith Bank’s profit dips

  Personal and household products’ major player, PZ Cussons Nigeria, on Thursday informed stockbrokers and management of the Nigerian Stock Exchange (NSE) in its full year financial result ended May 31, 2013, that it is offering a total...

  • Posted August 17, 2013
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