All posts by Ifreke Inyang

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  Elumelu becomes UBA chairman, promises greater returns

  The Board of United Bank for Africa Plc has appointed its former Group Managing Director and Chief Executive Officer, Mr. Tony Elumelu, as the new chairman of the bank to succeed Ambassador Joe Keshi. Elumelu, who disclosed...

  • Posted August 27, 2014
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  Aviation workers panic over job loss

  Workers of the Aviation ministry and its agencies are now living in fears over the ongoing evaluation exercise ordered by the new Minister of Aviation, Mr. Osita Chidoka. Sources, who spoke to our correspondent on Monday on...

  • Posted August 27, 2014
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  FG owes power firms N95bn in subsidy

  The Federal Government currently owes the power distribution companies about N95bn in subsidy for electricity usage by consumers, investigation by our correspondent has revealed. Out of the N100bn electricity subsidy, which was to be released to the...

  • Posted August 27, 2014
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  Sterling Bank appoints new chairman

  Sterling Bank Plc has announced the appointment of Mr. Asue Ighodalo as the new chairman, Board of Directors of the bank. According to a statement by the bank, Ighodalo succeeds Alhaji Suleiman Adegunwa, who has retired from...

  • Posted August 27, 2014
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  Apt Pension Posts N140m Profit in 2013

  Apt Pension Funds Managers Limited has recorded a profit after tax (PAT) of about N140.2 million for its 2013 financial year end. This represents about 159 per cent increase in profit compared to about N54.2 million it...

  • Posted August 27, 2014
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  Total bemoans high cost of oil and gas projects in Nigeria

  A French oil major, Total, has bemoaned the high cost of projects in Nigeria’s oil and gas industry, identifying long contracting cycle, security and community issues as factors that prompt contractors to inflate the cost of projects...

  • Posted August 26, 2014
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  Atedo Peterside appointed to Standard Bank Group’s board

  The Chairman of Stanbic IBTC Plc, Mr. Atedo Nari Atowari Peterside, has been appointed as a non-executive director to the board of Standard Bank Group and the board of Standard Bank of South Africa Limited. By the...

  • Posted August 26, 2014
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  Banks should explore digital banking – CIBN

  The Chartered Institute of Bankers of Nigeria has called on banks in the country to explore opportunities in the digital banking space especially in e-commerce. This, the body said, would enable banks to successfully meet customers’ demand....

  • Posted August 26, 2014
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  Business Summit to boost job creation, made-in-Nigeria products

  The federal government is organising a two-day business summit to encourage the patronage of made-in-Nigeria products as well as boost the manufacturing sector of the economy. The Chief Executive, Business in Nigeria and Co-organiser of The summit,...

  • Posted August 26, 2014
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  Dickson announces new partnership with foreign investors in the non-oil sector

  The Bayelsa State Governor, Hon. Seriake Dickson, has said that a new partnership and investment profile in agriculture expected to be one of the most viable sources of revenue away from oil and gas is underway in...

  • Posted August 26, 2014
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