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  • NEITI hopeful of speedy passage of PIB

    The Nigeria Extractive Industries Transparency Initiative (NEITI) on Sunday in Abuja called for the speedy passage of the Petroleum Industry Bill (PIB) currently before the National Assembly. A statement issued by NEITI’s Director of Communications, Mr Ogbonnaya...

    • Posted March 25, 2013
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  • NCC arrests 3 agents for allegedly flouting SIM card registration guidelines

    The Nigerian Communication Commission (NCC), in collaboration with security agencies, has arrested three agents of service providers in Awka for allegedly flouting SIM card registration guidelines. NCC’s Head of Enforcement, Efosa Idehen, who gave the names of the suspects to newsmen...

    • Posted March 25, 2013
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  • Senate expresses worry over bombing of telecom facilities

    Nigeria’s Senate has expressed concern over the spate of bombing and vandalization of telecom facilities across the country. The Chairman, Senate Committee on communications, Senator Prince Gilbert Nnaji made the observation during the Nigeria Communications Commission’s day...

    • Posted March 24, 2013
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  • “Why we are sanctioning telecoms operators” – NCC

    Sanctions are to help telecoms operators in becoming more productive, former NCC board chairman Mr Oluwale Ige has said. He said sanctions and fines in the industry will help telecoms operators to be more responsive and pro-active...

    • Posted March 24, 2013
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  • NCC registers over 100million telecom lines in Nigeria

    Nigeria is the fastest communication growing country in Africa with the National Communication Commission (NCC) registering over 100million communication lines and subscribers. The development amounts to 81 percent telecommunication density which is also the largest in the...

    • Posted March 24, 2013
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  • FG to register 20million farmers by 2015

    The on-going nationwide registration of farmers is targeted at capturing some 20 million farmers across the country, an official has said. The exercise is part of the Federal Government Agriculture Transformation Agenda, according to Mr Yahaya Owoyale,...

    • Posted March 24, 2013
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  • Oando Marketing changes retail strategy, moves into mega station business

    Oando Marketing, Nigeria’s leading fuel marketing retailer, has added a mega station to its rapidly expanding service station outlets with the opening of another mega station at Berger, along the Lagos Ibadan Expressway. Similar stations owned by...

    • Posted March 23, 2013
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  • Shell to shut Nembe oil pipeline in April

    Shell Nigeria PLC will in April shut down the 150,000-barrel-a-day Nembe Creek oil pipeline temporarily. According to the company, its decison was based on the urgent need for the clearing away of illegal connections intended to steal...

    • Posted March 23, 2013
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  • Why there is drop in power supply – FG

    Th federal government has said that the ongoing repairs at the Shiroro Power Plant in Niger State, was responsible for the sudden drop in power supply. Addressing State House Press after the 27th Board meeting of the...

    • Posted March 23, 2013
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  • JEPTFON calls for relocation of residents near tank farms in Lagos

    The Jetty and Petroleum Tank Farm Owners of Nigeria, JEPTFON, has called for the relocation of all residents near tank farms in the commercial city of Lagos. JEPTFON Executive Secretary, Mr. Enoch Karnawa, made the call in...

    • Posted March 23, 2013
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  • CBN retains MPR, CRR to stabilise economy

    A major development in the money market this week was retention of the Monetary Policy Rate (MPR) at 12 per cent by the Monetary Policy Committee (MPC). The Central Bank of Nigeria (CBN) Governor, Lamido Sanusi, announced...

    • Posted March 23, 2013
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  • MTN fined N90m for poor network

    The Nigerian Communication Commission (NCC) has imposed a N90 million fine on one of the major telecommunication provider, MTN for poor service delivery in the month of December last year. Mr Tony Ojobo, the Director Public Affairs...

    • Posted March 23, 2013
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  • Nigeria emerges second fastest market for champagne, spends N41billion annually

    Nigeria spends an average of N41.41 billion on champagne yearly, according to a report by Euromonitor International. The report indicates that Nigeria is the second fastest growing market in the world for champagne, noting that between 2006...

    • Posted March 22, 2013
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  • NCC releases new interconnect rates

    Nigerian Communications Commission, NCC, has released a new interconnect rate that would guide telecom operators in the country on terminating calls for one another. The new rate apparently became necessary after the expiration date of December 2012...

    • Posted March 22, 2013
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