All posts by Ifreke Inyang

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  UBA, 18 others issued N225.38bn bond – DMO

  Between 2005 and 2013, a whopping amount of N225.38bn was raised from the bond market by 19 Nigerian companies, the Director General, Debt Management Office, Mr Abraham Nwankwo has said. Nwankwo who stated this during a chat...

  • Posted August 26, 2014
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  FG to begin capital projects evaluation next month

  The Federal Government will from next month begin an evaluation of capital projects currently being executed by Ministries, Departments and Agencies. The Minister of National Planning, Dr. Abubakar Sulaiman, disclosed this in Abuja during a courtesy visit...

  • Posted August 26, 2014
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  LCCI opposes CBN’s credit policy on debtor firms

  The President, Lagos Chamber of Commerce and Industry, Alhaji Remi Bello, has kicked against the Central Bank of Nigeria’s policy that bars certain businesses and their promoters from obtaining fresh loans from banks. Bello, who spoke when...

  • Posted August 26, 2014
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  Electronic fraud may hinder e-banking growth – CIBN Chairman

  The Chairman, Chartered Institute of Bankers of Nigeria, Lagos State Branch, Mr. Abolade Agbola, talks about the challenges of new banking channels and the need to fund the country’s gas infrastructure, in this interview withOyetunji Abioye How would...

  • Posted August 26, 2014
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  EFCC challenges Lashann Energy to provide evidence of sale of stolen crude oil

  Following reports by the Wall Street Journal (WSJ) regarding investigation by the United States Government into the alleged sale of stolen crude oil from Nigeria to a Ghana-based company, the Economic and Financial Crimes Commission (EFCC) has...

  • Posted August 26, 2014
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  Nigeria records 34,047 cases of pipeline breaks

  The Nigerian National Petroleum Corporation (NNPC) has disclosed that about 34,047 cases of pipeline vandalism were recorded in parts of the country between 1999 and 2013. Also, about 1.3 million metric tonnes of crude oil was said...

  • Posted August 24, 2014
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  GTB declares N53.4bn half-year pretax profit

  Guaranty Trust Bank plc has declared a profit before tax of N53.4bn for the first half of 2014. The bank’s audited financial results for the half year ended June 30, 2014, which it file with the Nigerian...

  • Posted August 24, 2014
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  IBEDC opposes removal of fixed electricity charges

  Should the federal government, through the Bureau of Public Enterprises (BPE), go ahead with its plan to stop monthly fixed charges on electricity in the country, it would have a great impact on the revenue of new...

  • Posted August 24, 2014
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  Nigeria does not need quack shareholders’ associations – Nwosu

  Sunny Nwosu is the National Coordinator, Independent Shareholders Association of Nigeria. In this interview with SIMON EJEMBI, he talks about the fate of shareholders’ associations in the capital market and changes he would like to see, among other issues...

  • Posted August 24, 2014
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  Skye Bank, others launch multi-purpose card

  Skye Bank Plc has introduced a Security Verified Identity Card (S-Vid) for members of the National Union of Road Transport Workers (NURTW) as part of measures to build a reliable data base for the NURTW and integrating...

  • Posted August 23, 2014
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