All posts by Ifreke Inyang

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  “Don’t exceed $10000 forex limit” – EFCC advises travellers

  Economic and Financial Crimes Commission on Sunday advised persons travelling out of Nigeria not to exceed the statutory $10,000 foreign exchange limit. EFCC Secretary, Mr. Emmanuel Akomaye, who gave the advice in an interview with the News...

  • Posted September 30, 2012
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• First Bank adopts HoldCo structure

  Last week, shareholders of First Bank of Nigeria plc approved the holding company (HoldCo) structure for the bank at a court-ordered Extraordinary General Meeting, EGM. The bank is now set to submit an application to the Nigerian...

  • Posted September 30, 2012
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  Deportation of female pilgrims cost over N1 billion – Experts

  An estimated N1 billion may have been lost as a result of the deportation of Nigerian female pilgrims from Saudi Arabia, experts have said. This is coming on the heels of accusation by the Nigerian envoy in...

  • Posted September 30, 2012
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  Capital Market records 25% yield in nine months

  There are indications that the nation’s capital market may have begun to positively respond to a cocktail of bailout measures introduced to revamp the market after the 2008 crash which led to serious erosion of investments. The...

  • Posted September 30, 2012
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  Nigeria central to South Africa’s tourism drive

  South African Tourism officials are not resting on their oars when it comes to driving more Nigerian tourists to their country. Rather South Africa is using Nigeria as a hub to attract additional tourists from the West...

  • Posted September 30, 2012
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  Investors Protection Fund finally takes off

  The recent inauguration of Dr. Gamaliel Onosode-led Board of Trustees of Investors Protection Fund (IPF) by the Nigerian Stock Exchange will not only rekindle investors’ confidence in the nation’s capital market, it will also fill the lacuna...

  • Posted September 30, 2012
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  Africa must tackle chronic underfunding in agriculture – Koffi Annan

  African leaders and private sector organizations have been urged to keep promises made to support agriculture growth in the continent to achieve food and nutrition security at home and help deliver it globally in the long-term. Kofi...

  • Posted September 29, 2012
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  Governor Oshiomole charges FG to make judicious use of Ecological Funds

  Edo State Governor, Comrade Adams Oshiomhole has called on the Federal Government to act fast and make judicious use of the National Ecological Fund in the management of flood disasters in the country. The governor who made...

  • Posted September 29, 2012
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  NCC empower telecom subscribers to report unfair practices by operators

  Dr Eugene Juwah, the Executive Vice Chairman, Nigerian Communications Commission (NCC), on Friday urged telecommunications consumers in the country to protect their rights. Speaking at the First National Telecoms Subscribers Summit in Lagos, Juwah said they could...

  • Posted September 29, 2012
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  Lagos state government inspects N1.5b Lekki alternative roads, others

  The Lagos State Government has inspected the N1.5 billion alternative road being constructed in Lekki area for motorists that do not want to pay toll on the Lekki-Epe Expressway. Three alternative roads are being constructed for the...

  • Posted September 29, 2012
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