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All posts by Ottoabasi Abasiekong

  • Global smartphone sales hit 1.53 billion in 2012 – KIS

    The Smartphone segment of the Mobile Technology Industry, has reported an increase in demand. Korean Investment and Securities in its analysis and survey said about 1.53 billion Mobile products were sold last year across the globe. 2012...

    • Posted January 8, 2013
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  • Nigeria and Africa will experience phenomenal growth in mobile technology in 2013 – Arosanyin

    The year 2013 will be a great year for Mobile technology and the Broadband advancement for Nigeria and Africa, so says Mr Femi Arosanyin the Country Manager of Ericsson Cameroun. Speaking during an Interview with BusinessNews, Mr...

    • Posted January 8, 2013
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  • FG’s fuel subsidy account empty

    Barely Three weeks after the National Assembly gave its nod to the N161.6 billion supplementary budget to cater for last year’s fuel subsidy payment to marketers, reports are revealing that the account with the Central Bank of...

    • Posted January 8, 2013
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  • NNPC plans cost reduction in JV operations

    In a bid to ensuring that it continues to maintain value in the exploration and drilling operations in the Country, the Nigerian National Petroleum Corporation (NNPC) is set to review its level of engagement in the joint...

    • Posted January 7, 2013
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  • Singapore, Malaysia to join forces and promote Nigeria’s construction industry

      Considering the challenges Building and Construction Industries have been facing in Nigeria, the Nigerian Institute of Building (NIOB) is set to engage the technical assistance of Eastern Asian Tigers, Singapore and Malaysia to improve the quality...

    • Posted January 7, 2013
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  • Nigeria’s delay in broadband implementation could hamper $1billion Telco investment – Accenture

    Leading Consulting Group Accenture has raised the alarm that delay in the implementation of the Broadband Internet Policy in Nigeria, had the potential of affecting huge investment into the Mobile and Information Technology sectors. With the recent...

    • Posted January 7, 2013
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  • FG to set up Asset Management Company for NNPC

    With a view to bringing accountability, transparency, efficiency, productivity and strategic leadership direction into the Nigerian National Petroleum Corporation (NNPC), the Federal Government is planning to set up an asset holding company for number one oil firm...

    • Posted January 7, 2013
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  • Petrol Truck Electronic Loading commences in Nigeria

    Petroleum Electronic Truck Loading concept has started in Africa’s biggest Oil producing nation, Nigeria. The Concept which is being driven by the Petroleum Equalisation Fund Management board has been designed to improve operations in the downstream sector....

    • Posted January 5, 2013
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  • Starcomms shareholders give nod to $210 million acquisition by Capcom

    In its quest to become a key driver and player in the mobile technology Industry, Starcomms Nigeria Networks Limited is set to re-strategize its business direction as its shareholders have approved the whooping $210 million deal, ceding...

    • Posted January 5, 2013
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  • NIBSS PoS make transaction turnover of N38.6billion in 2012

    Technology in the Financial sector had a positive experience in the year 2012 as the Nigerian Interbank Settlement Systems (NIBSS) recorded over 2 million successful Point of Sales (PoS) transactions which was valued at about N38.8billion. This...

    • Posted January 4, 2013
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