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  • House of the Week: A glamorous N165m five bedroom house for sale in Lekki Phase 1

    Our property of the week is this glamorous and exquisitely designed 5 Bedroom House located at Lekki Phase 1 in Lagos. With luxury attributes like a gym and swimming pool, this home is certainly a delightful modern...

    • Posted March 22, 2013
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  • Microsoft brings Office 2013 to Nigeria market

    The global software giant, Microsoft has announced the availability of Office 2013 in Nigeria, the next iteration of the company’s flagship Office product line for consumers. The new product allows new consumer cloud service works across devices...

    • Posted March 22, 2013
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  • FG to share $2bn Excess Crude Account with states, local govts

    The National Economic Council Thursday approved sharing of  between $1billion and $2billion from the excess crude account amongst the federal, state and local governments. Governor Godswill Akpabio of Akwa Ibom State, who disclosed this to state House...

    • Posted March 22, 2013
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  • Ban on rice importation by 2016 is achievable – Expert

    In line with President Goodluck Jonathan’s announcement on Wednesday on the ban of rice importation, the Managing Director of Upper Niger River Basin Development Authority, Professor Paul Marley has said that the proposed ban by 2016 is...

    • Posted March 22, 2013
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  • Reps ask Jonathan to sack Oteh

    The troubles of the Director General of the Securities and Exchange Commission (SEC), Arunma Oteh seem far from over as the House of Representatives has insisted that President Goodluck Jonathan should implement the resolution of the House...

    • Posted March 22, 2013
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  • Airlines may stop flights to Kano, Maiduguri over bomb attacks

    Domestic airlines operating flights into Kano, Maiduguri, Yola and other volatile cities the North are currently carrying out safety and security audits of their operations to determine whether they should continue flying to the cities or not....

    • Posted March 22, 2013
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  • SEC suspends Ecobank from capital markets

    The Securities and Exchange Commission (SEC) has suspended Ecobank from all capital market activities and from being a receiving bank because of irregularities surrounding a margin loan, a notice on its website said on Thursday. SEC, according...

    • Posted March 21, 2013
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  • Zenith Bank shares listed in London Stock Exchange

    Zenith Bank Plc listed $850 million worth of its ordinary shares on the floor of the London Stock Exchange as global depository receipts (GDRs) at $6.80 apiece, the bank said on Thursday. One GDR represents 50 ordinary...

    • Posted March 21, 2013
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  • Mixed reactions trail exclusion of banks from margin list

    Stakeholders in the Nigerian capital market have reacted to the exclusion of banks from companies that can access margin loan for trading shares. A margin loan or a margin account is a loan made by a brokerage...

    • Posted March 21, 2013
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  • Nigeria makes $469m over PHCN sale

    Nigeria’s Bureau of Public Enterprise (BPE) said it had received the sum of 469,031,940.46 million dollars from preferred bidders for PHCN successor companies. This is contained in a statement issued by Mr Chigbo Anichebe, Head, Public Communication,...

    • Posted March 21, 2013
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  • Globacom wins back sponsorship right of the NPL

    Telecommunications giant Globacom has won back the sponsorship right of the Nigeria Premier League. The interim chairman of the League Management Company (LMC) Nduka Irabor who disclosed this to newsmen yesterday in Abuja, said the LMC has...

    • Posted March 21, 2013
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  • Niger government to spend N17bn on rice project

    The Niger Government said on Wednesday that it had entered into agreement with some commercial banks to inject N17 billion over the next three years on rice cultivation in the state. The Commissioner for Agriculture, Alhaji Ahmed ...

    • Posted March 21, 2013
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  • Expert canvasses use of mobile marketing strategy among hoteliers

    A tourism expert, Joseph George, has canvassed for the use of mobile marketing strategy by hoteliers to boost their businesses. George said in Abuja on Wednesday that mobile marketing was the most effective and convenient means of marketing for...

    • Posted March 21, 2013
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  • Investors pay N73bn for PHCN successor firms

    ELEVEN bidders for the successor companies of Power Holding Company of Nigeria, PHCN, have paid $469, 031,940.46 (about N73,638,014,580 billion), representing the mandatory 25 percent of the offer of their bids. The deadline for the payment of...

    • Posted March 21, 2013
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