All posts tagged "featured"

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  Presidency threatens to return 2013 budget to National Assembly

  After many meetings between the National Assembly and the Presidency on the 2013 budget, there were indications Sunday that the Presidency might throw back the appropriation bill at the legislature. The Presidency is unhappy with the final...

  • Posted February 4, 2013
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  Subscribers lose N31bn in drop calls to telecom operators

  On a rough estimate, Nigerian subscribers may have spent well over N31.02bn on dropped and unconnected calls since January last year, owing to poor quality of services from the telecom operators. Most networks in the country claim...

  • Posted February 4, 2013
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  Contractors abandon N800m schools’ projects in Benue

  Benue state Commissioner for Science and Technology, Mr Godwin Adah, said contractors have abandoned over N800 million science and technical schools’ projects in Anyiin and Otukpa areas of the state. The commissioner said this on Friday in...

  • Posted February 2, 2013
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  Former ExxonMobil workers protest cuts in terminal benefits

  Disengaged workers of ExxonMobil at Qua Iboe Terminal in Akwa Ibom on Thursday protested over alleged cuts in their terminal benefits and described the action as unacceptable. The 1,400 disengaged junior workers protested on some streets in...

  • Posted February 2, 2013
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  Sinopec set to acquire Afren’s $1bn assets

  China Petrochemical Corporation, Sinopec, has announced plans to acquire Afren Plc’s assets valued at N157 billion ($1 billion) in Nigeria and other part of the globe. According to a source who asked not to be named, Sinopec...

  • Posted February 2, 2013
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  Saraki says N8bn fines FG slapped on Shell, Chevron is unconstitutional

  Chairman, Senate Committee on Environment, Mr. Bukola Saraki has declared as unlawful and unconstitutional, the $8 billion fines being sought by the Federal Government of Nigeria against Royal Dutch Shell and Chevron for oil spills in the...

  • Posted February 2, 2013
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  Dangote reopens Gboko Cement Plant

  Management of Dangote Cement Plc has announced the reopening of its Gboko Cement Plant in Benue State. The factory which is to operate at half capacity was closed down last year as a result of the glut...

  • Posted February 1, 2013
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  Capcom eyeing acquisition of Zoom, Intercellular networks

  Following the smooth acquisition of Starcomms, Multi-links and MTS First Wireless, there are strong indications that Capcom Limited is also considering the acquisition of Zoom Mobile and Intercellular. While Capcom awaits SEC’s approval to enable it merge...

  • Posted January 31, 2013
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  Ikeazor appointed Keystone Bank MD/CEO

  Another change is imminent in Keystone Bank Limited as the current Executive Director, Corporate and International/Investment Banking and Treasury, Union Bank of Nigeria Plc, Mr. Philip Ikeazor, has been appointed the substantive Managing Director/Chief Executive Officer (CEO)...

  • Posted January 31, 2013
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  Interswitch poised for expansion in Africa

  Considering the phenomenal and remarkable growth of Mobile technology and the accelerated activities of the Information technology sector in the dark continent of ‘Africa’, Mobile integrated systems network ‘Interswitch’ says it is ready to expand its network...

  • Posted January 31, 2013
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