All posts by Ifreke Inyang

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  Failure to declare money above $10,000 punishable – Central Bank

  Central Bank of Nigeria, CBN, weekend, cleared the wrong notion that any person travelling outside or coming into the country cannot carry above $10,000, saying it was a misinterpretation and misapplication of the provision of the Money...

  • Posted July 1, 2013
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  FG considers new approach to job creation

  The Federal Government will soon unveil a new plan that will help to create about one million fresh jobs annually. The Special Adviser to the President on Job Creation, Mr. Obi Adim, who disclosed this during a...

  • Posted June 30, 2013
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  Oil thieves frustrate efforts to curb $7bn revenue loss

  Crude oil theft, which is denying Nigeria about $7bn in revenue annually, has shown no sign of easing despite stakeholders’ efforts to stop it. In view of its effects on revenue generation and budget implementation, our correspondent...

  • Posted June 30, 2013
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  Truck queues may return to Apapa ports

  Long truck queues may resurface at the scanning sites in Apapa ports as the management of APM Terminals Apapa Limited, the concessionaire handling Apapa terminals, has threatened to withdraw scanning logistics at the ports, stressing that it...

  • Posted June 30, 2013
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  27million lines at risk as NCC disconnects unregistered SIMs today

  If you are reading this and you have not registered your phone line(s), it may just be almost late. In fact, you need not wonder why you may neither receive nor complete any calls from today. This...

  • Posted June 30, 2013
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  AMCON will recoup investments in Enterprise, Mainstreet, Keystone banks – Lemo

  Deputy Governor of the Central Bank of Nigeria, CBN, Mr Tunde Lemo, in this interview, speaks on   the performance of the economy, the exchange rate in the last two years and  Asset Management Company of Nigeria, AMCON.  Excerpts:...

  • Posted June 30, 2013
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  TCN blames current power shedding on vandals

  The General Manager (Public Affairs) of the Transmission Company of Nigeria, Dave Ifabiyi, has blamed the current load shedding being experienced in the country on the activities of vandals on two major gas pipelines. “There is a...

  • Posted June 29, 2013
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  ASHON tasks stockbrokers, investors to sustain market growth

  STOCKBROKERS and shareholders in the Nigerian capital market have been encouraged to maintain the current tempo in the stock market as bulls continue to overwhelm the bears in the equities market. They were also tasked to brace...

  • Posted June 29, 2013
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  Nigerian-British bilateral trade opportunities under-utilised – Chamber Chief

  Adeyemi Adefulu, the new President of Nigerian-British Chamber of Commerce, said on Thursday that bilateral trade opportunities between Nigeria and Britain  were  under-utilised. Adefulu made the statement at the Annual General Meeting and Luncheon of the chamber...

  • Posted June 29, 2013
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  Lonestar: Shell blames litigation for delay in liquidating $20m debt

  Shell Petroleum Development Company of Nigeria Limited, SPDC, yesterday, blamed the crisis currently rocking Lonestar Drilling Nigeria Limited for its inability to liquidate its US$20 million (N3.2 billion) indebtedness to the firm. According to a statement by...

  • Posted June 29, 2013
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