All posts by Ifreke Inyang

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  Ondo to spend N2bn on agro business projects

  Ondo state Governor, Dr. Olusegun Mimiko, said on Monday that the sum of N2bn had been earmarked for the development of agro-business projects across the state. Mimiko said this during the commencement of preparation for cassava planting...

  • Posted September 10, 2014
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  Power firms plan gradual increase in tariff

  Nigerians may continue to pay more for electricity following the recent upward review of gas price. But the expected increase, according to industry sources, will be spread over an undisclosed period. “Consumers would likely see a bit-by-bit...

  • Posted September 9, 2014
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  CBN lifts SMEs with N289bn

  A total sum of N288.98bn has been released by the Central Bank of Nigeria to the Bank of Industry in the last four years to finance 573 projects under the Small and Medium Enterprises Restructuring Refinancing Fund....

  • Posted September 9, 2014
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  Equities trading rises by 228% as QNB buys into ETI

  The value of equities traded on the Nigerian bourse Soared by 228 per cent last week to N52.808 billion, following the acquisition of 12.5 per cent stake in Ecobank Transnational Incorporated (ETI) by Doha-based Qatar National Bank...

  • Posted September 9, 2014
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  Electronic transactions have evolved in Nigeria –Ashaye

  T he General Manager for Visa in West Africa, Mr. Ade Ashaye, speaks on how coordinated electronic fraud can be checked through technology, among other issues in this interview withOYETUNJI ABIOYE Could you give us an overview of...

  • Posted September 9, 2014
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  FG sets aside N200bn for power sector liabilities

  The Federal Government has set aside N200bn for the payment of outstanding market liabilities and financial obligations in the power sector. The Chairman, Presidential Task Force on Power, Mr. Reynolds Dagogo-Jack, said this in Uyo, Akwa Ibom...

  • Posted September 9, 2014
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  Consumer credit grows by 24.5%

  The value of consumer credit in the country grew by 24.5 per cent to N782.6 billion as at December 2013, compared with a marginal growth of 0.8 per cent in the first half of 2013. The Central...

  • Posted September 9, 2014
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  17,000 customers lack electricity meters in Benue

  The Jos Electricity Distribution Company (Disco) has stated that over 17,000 of its customers in Makurdi, the Benue State capital are without electricity meters. Benue State Director of the Jos Disco, Mr. Abraham Ochelle who disclosed this...

  • Posted September 9, 2014
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  Akintola Williams hails NSE’s quest for fraud free market

  Foremost accountant and one of the founding members of the Nigerian Stock Exchange (NSE), Mr. Akintola Williams, has applauded the management of the Exchange for sustaining the level of integrity displayed by the founding members of the...

  • Posted September 8, 2014
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  NAICOM, HOS to collaborate on workers’ insurance

  The National Insurance Commission says it is partnering the Office of the Head of Service of the Federation to enhance the implementation of the compulsory group life insurance cover for workers. A statement from NAICOM said this...

  • Posted September 8, 2014
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