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All posts by Ifreke Inyang

  • FG mulls PPP financing model for transmission network

    The Minister of State for Power, Mohammed Wakil, has said that the federal government is considering adopting a Public Private Partnership (PPP) funding model in its expansion of the country’s electricity transmission network. He stated that with...

    • Posted September 3, 2014
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  • FG opens up TCN to private investors

    The Federal Government on Monday said it had opened up the transmission arm of the power sector to private investors. The power transmission arm is being run by the Transmission Company of Nigeria, which is being managed...

    • Posted September 3, 2014
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  • Airline operators spend 40% of revenue on fuel

    Airline operators in the country spend over 40 per cent of their total funds on aviation fuel. This means they are left with about 60 per cent of the funds to cover other costs and expenses, including...

    • Posted September 3, 2014
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  • Shippers’ council, freight forwarders collaborate on capacity building

    The Executive Secretary, Nigerian Shippers’ Council, Mr. Hassan Bello, has said the council will work with the Nigerian Institute of Freight Forwarders and Custom Brokers to build capacity in the sector Bello said this on Monday when...

    • Posted September 3, 2014
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  • Enugu set to export pineapple to Europe

    The Enugu State Government would commence the commercial shipment of pineapple to Europe this year, the Commissioner for Information, Mr. Chuks Ugwoke, said on Monday. Ugwoke, who said this while addressing journalists after the State Executive Council...

    • Posted September 3, 2014
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  • Why Cross River decided to float N40bn bond – Imoke

    The Cross River State Governor, Senator LiyelImoke has shed some light on the move by his administration to float a N40 billion. His Chief Press Secretary, Christian Ita in a statement on behalf of the governor said...

    • Posted September 3, 2014
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  • NNPC to step up work on Abuja-Kaduna-Kano gas pipeline project

    The Nigerian National Petroleum Corporation (NNPC) has initiated steps to fast track its construction of a pipeline to convey gas from Abuja through Kaduna to Kano under the federal government’s gas master plan. As part of the...

    • Posted September 2, 2014
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  • Merger of aviation agencies is retrogressive – ART

    Industry think tank, Aviation Round Table (ART) has again opposed the planned merger of aviation parastatals to cut down huge expenses incurred in running them and described the policy as retrogressive. The federal government approved the merger...

    • Posted September 2, 2014
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  • Sterling Bank gets e-payment recertification

    Sterling Bank Plc’s electronic payment system has been recertified by the Council of Payment Card Industry, the global body that certifies organisations which keep cardholders’ information. The lender said the recertification came barely one year after it...

    • Posted September 2, 2014
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  • CBN bars banks, others from acquiring shares in HoldCos

    Banks and other subsidiaries of holding companies (HoldCos) in the country have been prohibited from acquiring shares in their parent companies. Also, subsidiaries of such holding companies were barred from acquiring shares of other subsidiaries of their...

    • Posted September 2, 2014
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