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Author Archives: admin

ATCON, ALTON give antidote to raise Nigeria’s ITU ranking in ICT

NCC Danbatta

The latest global ranking in this year’s ICT Development Index (IDI), the International Telecommunication Union (ITU) has once again kept Nigeria at 143rd where it was last year. Otherwise, the ...

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NBC to develop national media content policy for digital TV era

NBC Kawu Modibbo

Following the adoption of the recommendations of the House of Representatives Committee ad hoc committee which investigated the Process of Digital Switch Over (DSO) in Nigeria, the National Broadcasting Commission ...

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Nigeria distances self from recession, hits 1.4% GDP growth rate in Q3

GDP 22

Latest revelation from the National Bureau of Statistics (NBS) on Monday showed that Nigeria’s chances of plunging back to recession may not exist in the near future as the released ...

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FG killing Free Zones concept in Onne, 16 firms leave

Intels logo

More industry players are still looking at the emerging after effects of government’s onslaught on Intels Nigeria Limited, core concessionaire of Onne Free Trade Zone, in Rivers State. Already, some ...

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Explain why Egina FPSO is more expensive than others worldwide, Senate tells Total

Egina FPSO

A fresh twist is engulfing the recently completed $16bn Egina floating, production, storage and offloading (FPSO) by Total Upstream Nigeria Limited. In a memo obtained by Business Hilights Abuja Bureau ...

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NNPC, Chevron’s $1.7b deal to run, increase crude production till 2045

Chevron Jeffery Ewing

More details have emerged on the recently executed final phase of an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day between Nigerian National Petroleum Corporation ...

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Fidelity Bank steps up CSR, trains, empowers youths in PH

Fidelity Empowerment training

*Fidelity Empowerment: Head, CSR at Fidelity Bank, Chris Nnakwe at #FidelityYEA4. Held in Port Harcourt recently to deepen job creation and growth in Small and Medium Enterprises (SMEs).

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Nigeria’s earnings from solid minerals on a yearly growing trend—NEITI Report

NEITI-1

Latest independent audit report of the Nigeria Extractive Industries Transparency Initiative (NEITI), released recently has indicated that since the coming in the current administration, earnings from Solid Minerals have continued ...

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Analogue banking killing BoA—Minister

Audu-Ogbeh

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has opened up on why efforts to deepen agricultural productivity over the year and even currently have remained in variance ...

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Forced merger’ll boost operations of Nigerian airlines—Experts

MMIA, Lagos

Current realities in global aviation industry and Nigerian experiences in recent past have called for mergers and acquisitions that will raise the fleet in airlines and shrink number of operators. ...

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