All posts by Ifreke Inyang

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  Reps to turn down proposed amendments to 2013 budget

  There are indications that the House of Representatives may turn down proposed amendments to the 2013 budget sent by President Goodluck Jonathan. Briefing journalists in Abuja, chairman of the House Committee on media and publicity, Representative Zakari...

  • Posted May 10, 2013
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  Foreign trade: FG to change from FOB to CIF

  Federal Government is set to change its trade policy from the present Free on Board (FOB) to Cost, Insurance and Freight (CIF) which most countries across the world use because of its economic benefits, before the end...

  • Posted May 10, 2013
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  Canada signs Investment Protection Treaty with Nigeria

  The Canadian High Commissioner, Mr. Chris Cooter has described the recent Canada-Nigeria investment forum as a spring board for bigger economic opportunities for both countries. Energy and health are some of the sectors among others where strong...

  • Posted May 10, 2013
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  Manchester United share price down 1.76% after Sir Alex Ferguson retirement

  Manchester United’s share price on the New York Stock Exchange closed at $18.44 after a day of fluctuation following Sir Alex Ferguson’s announcement that he will retire at the end of the season. Trading opened in...

  • Posted May 9, 2013
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  Drop in crude oil production worrisome – NUPENG

  The Nigeria Union of Petroleum and Natural Gas Workers on Wednesday said the drop in crude oil production since the first quarter of the year was worrisome. It also advised the Federal Government to install monitoring sensors...

  • Posted May 9, 2013
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  FG targets $10bn annual investment in power sector

  President Goodluck Jonathan said Wednesday in Cape Town, South Africa that following the total privatisation of power generation and distribution in the country, his administration expected an annual private sector investment of about $10bn in the sector...

  • Posted May 9, 2013
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  Pre-registered SIMs: NCC fines GSM firms N53.8m

  The Nigerian Communications Commission on Wednesday announced the imposition of N53.8m fines on four mobile telecommunication operators for contravening the rules on registration of Subscriber Identification Module cards in the country. A statement issued in Abuja by...

  • Posted May 9, 2013
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  Spark launches $1m fund for Nigerian tech companies

  Internet entrepreneurs of iROKOtv Jason Njoku and Bastian Gotter, today announced the official launch of SPARK, a $1m-backed company to support and develop aspiring Nigerian tech and Internet entrepreneurs. The move comes amid significant disruption in the...

  • Posted May 9, 2013
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  Lagos generates N10.2billion in one year on land transactions

  The Lagos state government has revealed that it generated the sum of N10.275billion from the land transactions in one year. Addressing journalists at a ministerial press briefing to mark the 6th anniversary of Governor Babatunde Fashola, in...

  • Posted May 9, 2013
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  Senate to review Nigerian gas master plan

  The Senate has said it will carry out a comprehensive review of the country’s gas master plan because it was not carried along in the drafting of the policy document. The Chairman, Senate Committee on Gas Resources,...

  • Posted May 8, 2013
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