All posts by Ifreke Inyang

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  Groups demand information from CBN over ATM charges

  Two civil society groups have asked the Central Bank of Nigeria to supply them with information relating to the Automated Teller Machines of various banks in the country. The groups, the Public and Private Development Centre, and...

  • Posted September 15, 2014
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  DPR Deplores Sale of Cooking Gas to Unlicensed Distributors, Industrial Consumers

  The Department of Petroleum Resources (DPR) has decried the sale of Liquefied Petroleum Gas (LPG), otherwise called cooking gas, to unlicensed distributors and bulk end users by LPG plant owners across the country. The regulatory body has...

  • Posted September 15, 2014
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  AMCON urged to improve its financial performance

  Following the recent release of the Asset Management Corporation of Nigeria’s (AMCON’s) 2013 results, which saw its bottom line still deep in the negative territory, financial market analysts in Lagos have advised the Corporation to develop strategies...

  • Posted September 15, 2014
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  Nigeria is an exciting consumer environment – Diageo CEO

  Global business leader and Chief Executive Officer of Diageo Plc, Ivan Menezes, has described the Nigerian market as an exceptional and exciting consumer environment, which represents a huge opportunity for the world’s leading premium drinks business and...

  • Posted September 15, 2014
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  MasterCard, Visa boost e-payment with Apple Pay

  American multinational corporation, Apple Incorporated, has unveiled ‘Apple Pay’ that will enable MasterCard and Visa cardholders to use their iPhone 6, iPhone 6 Plus and Apple Watch for everyday purchases. The two market leaders in the global...

  • Posted September 15, 2014
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  CIS pledges support for Commodity Exchange

  The Chartered Institute of Stockbrokers (CIS) last week offered to  train and certify commodity brokers  who will be trading on the Nigeria Commodity Exchange(NCX), formerly known as  Abuja Securities and Commodity Exchange Plc. According to the CIS,...

  • Posted September 15, 2014
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  Heritage wins bid for Enterprise Bank

  The Asset Management Corporation of Nigeria on Thursday announced Heritage Bank-sponsored HBSL Investment Services Limited as the preferred bidder for Enterprise Bank. This came over a year after AMCON began the sale process of the nationalised bank.The...

  • Posted September 13, 2014
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  NECA decries exclusion of private sector from FG’s jobs board

  The Nigeria Employers’ Consultative Association (NECA) yesterday decried the exclusion of the real private sector from the composition of the Presidential Jobs Board inaugurated by President Goodluck Jonathan on Wednesday. The board which is chaired by Vice-President...

  • Posted September 13, 2014
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  Insurance regulator asks operators to redesign products, marketing strategies

  In order for operators in the insurance sector to remain relevant in the economy, Commissioner for Insurance, Mr. Fola Daniel has stressed the need for them (operators) to change the way they design and market their products...

  • Posted September 13, 2014
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  US Firms battle NNPC, CAC over ownership of Pan Ocean Oil

  Interocean entities, comprising Interocean Oil Development Company (Nigeria) and Interocean Oil Exploration Company (Nigeria), companies incorporated under the laws of Delaware in the United States, have dragged the Nigerian National Petroleum Corporation (NNPC), Corporate Affairs Commission (CAC)...

  • Posted September 13, 2014
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