All posts by Ifreke Inyang

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  Electronic registration of companies begins Oct 1 – FG

  The Federal Government on Thursday said the Corporate Affairs Commission would as from October 1, this year, begin the electronic registration for companies willing to set up businesses in Nigeria. The Minister of Industry, Trade and Investment,...

  • Posted August 16, 2014
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  DMO raises N100bn bonds at higher yields

  The Debt Management Office (DMO) has sold N100 billion worth of bonds with maturities ranging between three and 20 years at an auction that fetched higher yields than previously. The DMO said yesterday that N15 billion of...

  • Posted August 16, 2014
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  Group seeks increased sensitisation on banking services

  The Bank Customer Association of Nigeria (BCAN) has called for the protection of the interest consumers of financial service products in the country. The association also stressed the need for banking services to be conducted based on...

  • Posted August 16, 2014
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  Dangote Cement invests $250m in coal power plants

  Frustrated by the problems of unreliable power supply from the national grid and increasingly dwindling gas and Low Pour Fuel Oil supply, some manufacturers in the country are desperately looking for solutions to their power problems. For...

  • Posted August 16, 2014
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  Lagos residents enjoying 18-hour electricity – BPE

  The Director-General, Bureau of Public Enterprises, Mr. Benjamin Dikki, has claimed that electricity consumers in Lagos State now get 18-hour uninterrupted power supply. His claim was however countered by residents in the state who spoke with our correspondent on...

  • Posted August 16, 2014
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  Banks agree to pay N25bn PHCN debt

  Nigerian banks have agreed to assist in the payment of N25bn legacy debts owed gas companies by the defunct Power Holding Company of Nigeria. The banks made this known on Thursday during a meeting of the Bankers’...

  • Posted August 16, 2014
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  FG earmarks N752bn for power transmission projects

  The sum of N752bn ($4.7bn) has been earmarked by the Federal Government for the expansion of power transmission projects across the country over the next five years. Vice President Namadi Sambo, who officially inaugurated the National Council...

  • Posted August 16, 2014
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  Poor gas, power supply ground manufacturing sector

  Poor gas supply to power companies for the generation of electricity and for manufacturing concerns to fire their factories is crippling the economy, THISDAY has learnt. In the last six months, gas to power disruptions has been...

  • Posted August 16, 2014
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  House of the Week: A magnificent 5-bedroom duplex in Lekki Phase 1

  Set in the heart of Lekki, our house of the week is this newly built 5 bedroom duplex which is  located behind Mobolaji Johnson estate, Lekki phase 1, Lekki, Lagos. This property, which is for rent, boasts...

  • Posted August 15, 2014
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  NSE to punish listed firms on dividend default

  The Nigerian Stock Exchange has pledged that it will protect the rights of investors to dividends in line with one of its core strategic pillars for enhanced market performance and growth via sustaining a “strong investor protection”...

  • Posted August 15, 2014
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