All posts by Ottoabasi Abasiekong

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  Good News for RIM: Nigeria Leads Africa’s Smartphone Market

  Nigeria has been identified as the leading country on the continent as regards smartphone penetration. This is obviously good news for Canadian smartphone maker, Research in Motion. In Nigeria, out of every ten smartphones, at least five...

  • Posted November 28, 2012
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  NERC and USAID Partner on Power Roadmap Conference

    As part of its resolve to ensure that Nigeria’s quest to boost its power supply  is fully utilized, the Nigerian Electricity Regulatory Commission (NERC) says it will host a strategic session for potential investors and stakeholders to...

  • Posted November 27, 2012
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  Ibaka Deep Sea Port Project Delayed by Legal Challenges

  The commencement of work on the Ibaka deep sea port may suffer a protracted setback if the Chairman of Mercury Maritime Concession Company Limited Rear Admiral Okoja (rtd) continues with his  legal challenge of  the project . His grievance is...

  • Posted November 27, 2012
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  Price of Rice Hiked 20% as FG Clamps Down on Imports

  As a result of the Federal Government’s  agricultural policy to stop the importation of rice and encourage its local production the price regime  has been affected by an increment of 20%. The price which used to be pegged...

  • Posted November 27, 2012
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  Unilag Students Dazzle Africa Win Google Business Competition

    Three Students of the University of Lagos Willie Aniebet, Bolutife Ogunsola,and Michael Adeyeri  have put their names in gold, making their University proud as they  emerged winners of the Google Apps Developer Challenge for the Enterprise/Small Business Solutions...

  • Posted November 27, 2012
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  African Fraud Barometer: KPMG Scores Nigeria, South Africa High

    The high profile economic status of South Africa and Nigeria came under scrutiny  when a recent report released by globally renowned auditing firm KPMG revealed that the two leading economies are among the most fraudulent countries in...

  • Posted November 26, 2012
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  Nigeria loses N105 billion annually to Pipeline Vandals – Presidency

    One of the major vices identified as part of the factors militating against a seamless production and operation of the Oil and Gas sector Nigeria’s major forex earner is pipeline vandalization. A recent disclosure has revealed...

  • Posted November 26, 2012
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  Regulators, Stakeholders Face-off May Hamper Growth of Telecoms Sector

    In view of the phenomenal growth the Nigerian economy has witnessed since the launching  of the GSM network services since 2001, there are concerns that the current cold relationship between the Regulatory body the Nigerian Communications...

  • Posted November 26, 2012
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  Nigeria’s Slow Economic Development worries ICAN

  As the World is going through a difficult phase of economic stability and checkered growth, owing to the events that have played out in the United States economy and the ‘Eurozone’ debt crisis pandemic that is threatening...

  • Posted November 26, 2012
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  Treasury Bills fall to 2-month low on Over-Subscription

  In a new development on the money market the Central Bank’s decision to hold  its benchmark rate at 12 percent with a view to checking Inflation and stabilizing the currency margin in the midst of the global uncertainty has...

  • Posted November 23, 2012
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