All posts by Ifreke Inyang

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  Arik Air suspends domestic operations

  Nigeria’s largest local carrier, Arik Air, Thursday morning announced that it is suspending all its domestic operations indefinitely over the “persistent hostility of the Ministry of Aviation and Federal Airport Authority of Nigeria (FAAN) management.” Arik airs...

  • Posted September 20, 2012
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  New Sugar Master Plan might attract over $1Billion in both local, foreign direct investments

  The Federal Government has approved a New Sugar Master Plan, NSMP, which might attract over $1 billion in both local and foreign direct investments and create over 107 thousand directs jobs locally in the next 10 years....

  • Posted September 20, 2012
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  Forbes names Ralph Lauren as richest man in fashion

  Forbes has named American fashion designer and business executive Ralph Lauren as the richest man in fashion. Lauren, 72, topped the 400 list with a net worth of $6.5 billion, more than his financial estimate last year....

  • Posted September 19, 2012
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  Jennifer Ehidiamen: We’re not just consumers: Empowering our generation of innovative Africans

  Africans are often regarded as big consumers and small producers, even though the continent is rich with natural and human resources. Our capacity to consume in Africa far outweighs our local production level. We can boast of...

  • Posted September 19, 2012
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  Introducing Egole: A new experience in online shopping

  Egole, is a word which in Igbo, the major language in South-East Nigeria for “what is the price”, or “how much.” While playing with the word, Courteville Business Solutions Plc, recently announced the establishment of an online...

  • Posted September 19, 2012
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  Central Bank retains interest rate at 12 percent

  The Central Bank of Nigeria (CBN) kept its base interest rate on hold for the sixth time in a row on Tuesday, welcoming improved growth and a slight fall in headline inflation, but warning that core inflation...

  • Posted September 19, 2012
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  Christopher Okonkwo: N5,000 note as harbinger of hardship

  First, it was the Structural Adjustment Programme in 1986. Then head of state, Gen. Ibrahim Babangida, in trying to redress the external debt crisis facing the country, stirred up socio-economic problems when he agreed to the loan...

  • Posted September 19, 2012
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  Islamic banking will make Nigeria largest African economy in 2013 – Stakeholders

  The Minister of State for Finance, Yerima Ngama on Tuesday called for increase awareness on Islamic banking to prevent economic crisis and boost the nation’s economic development. The minister made the call at a forum organised by...

  • Posted September 19, 2012
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  Liverpool pip Chelsea to Nigerian Teenage Sensation, Oluwaseyi Ojo

  Kenny Dalglish has sealed a major transfer coup as Liverpool have beaten Chelsea to Oluwaseyi Ojo’s signature. The 14 year old who played for MK Dons, before now look set to join Chelsea, who had reportedly agreed...

  • Posted November 18, 2011
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  Jude Aneke replaces Osaze

  Record breaking striker, Jude Aneke has been called up into the Super Eagles squad for the upcoming friendlies. The Kaduna United hitman who currently tops the NPL scoring charts replaces Osaze Odenwiegie, who is currently injured. “I...

  • Posted November 9, 2011
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