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All posts by Ifreke Inyang

  • CBN denies sale of N220bn MSME loan forms

    The Central Bank of Nigeria on Monday said it did not authorise or appoint any agent to sell forms or collect any fee to those interested in accessing the N220bn Micro, Small and Medium Enterprise Development Fund....

    • Posted November 5, 2014
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  • Rice, cassava, others raise government’s revenue by N778bn

    The country has earned N778bn as revenue from the production of five crops under the Agricultural Transformation Agenda, the Federal Government has said. It listed the crops as maize, rice, cassava, sorghum and soya bean. The ATA...

    • Posted November 5, 2014
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  • 8.75 million vehicles without insurance in Nigeria

    About 8.75 million vehicles plying Nigerian roads are without genuine insurance certificates, investigation has revealed. As of Monday, only 2.7 million vehicles had been registered by licensed insurance firms under the Nigerian Insurance Industry Database. The Director-General,...

    • Posted November 5, 2014
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  • Engineers want FG to insist on new airplanes

    The Nigerian Society of Engineers has called on the Federal Government to mandate airline operators in the country to always use new airplanes for flight operations. The society said the use of new aircraft should be made...

    • Posted November 5, 2014
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  • Court refuses to issue bench warrant against Coca-Cola’s, NBC ‘s Chief Executives

    A federal high court in Abuja on Tuesday ordered that charges against the Managing Director of Coca-Cola Nigeria Limited, Chief Adeola Adetunji and the Chief Executive Officer of the Nigerian Bottling Company, Ben Langat be pasted in...

    • Posted November 5, 2014
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  • UBA introduces bill payment on PoS

    The United Bank for Africa (UBA) Plc has announced the introduction of Value Added Services (VAS) on its point of sale (PoS) terminals. A statement at the weekend explained that with the new service on the UBA...

    • Posted November 4, 2014
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  • Transcorp posts N9.7bn profit in nine months

    Hopes of shareholders of Transnational Corporation of Nigeria Plc (Transcorp) to receive another dividend at the end of the financial year were raised last week as the company announced improved results for the nine months ended September...

    • Posted November 4, 2014
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  • CBN may tighten monetary policy this month – Report

    The Central Bank of Nigeria will likely decide to tighten monetary policy in its meeting this month, if the decline in global oil prices continues, according to a new report by Ecobank Research. Ecobank in the report...

    • Posted November 4, 2014
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  • Shareholders set to approve NB Plc, Consolidated Breweries merger

    The Nigerian Breweries Plc’s proposed merger with Consolidated Breweries Plc got a boost last week as the Federal High Court has approved a court ordered meeting of shareholders of the company to consider the proposal. Managing Director/Chief...

    • Posted November 4, 2014
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  • Fidelity Bank launches Outbound Money Transfer

    Fidelity Bank Plc has gone into partnership with MoneyGram to launch an outbound money transfer product for Nigerians. The product marketed as “Naija Sends”, allows Nigerians to send their naira abroad through any Fidelity Bank branch and...

    • Posted November 4, 2014
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