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AfricaMoney | November 7, 2016

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Nigeria: Dana Air Resumes Flight Operation

January 4, 2013 | Dana Air resumes flight operation on Jan. 4, an official of the Federal Airports Authority of Nigeria (FAAN), Mr James Shallangwa, said on Thursday. Shallangwa, Head of Commercial at the Nnamdi Azikiwe Internatonal Airport, Abuja, made this known in an interview with the News Agency of Nigeria (NAN)...
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Oando Energy Resources resumes production from the Ebendo Field

December 28, 2012 | 28th December, 2012 - Oando Energy Resources Inc. (“OER” or the “Company”) (TSX: OER), a company focused on oil exploration and production in Nigeria, announced yesterday an update regarding the damaged 10 inch Kwale-Akri oil delivery pipeline that is operated by Nigerian Agip Oil...
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HIV/AIDS effort by Olam and partners reaches out to over 234 000 people across rural Africa

December 14, 2012 | December 14, 2012,  -In a drive to get Africa one step closer to zero new HIV infections, zero AIDS-related deaths and zero discrimination, global agri business Olam, along with NGO partners such as GIZ, EngenderHealth and Action Health Incorporated, has mobilised its supp...
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SBTech enters African market with exclusive Betland deal

December 13, 2012 | December 13, 2012:  DecIndustry-leading and award-winning provider of turnkey sports betting solutions, SBTech, has signed an exclusive deal with African land based operator Betland. Licensed and regulated in Nigeria, Betland is one of the leading land based operators in the region with more than ...
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FirstBank, Bestman Games promote financial literacy through Lagos Monopoly

December 12, 2012 | 12th December 2012: Inculcating financial literacy in youths through the Lagos Monopoly game will give them a head start in the quest for a fulfilled future and facilitate the emergence astute managers of Nigeria’s economy in future, Mrs. Folake Ani-Mumuney, Head, Marketing and Corporat...
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U.S. – Nigeria Trade Hit $38.5 Billion in 2011

December 11, 2012 | Photo:  Assistant U.S. Trade Representative for Africa Florizelle B. Liser The United States and Nigerian trade volume has been valued at $38.5 billion for 2011, with nearly 12 percent increase from 2010, largely due to higher oil export volumes and prices. This was made known d...
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New MD for Coca Cola Nigeria

November 29, 2012 | Coca-Cola Nigeria Limited has announced the appointment of Adeola Adetunji as the company's new Managing Director effective January 1, 2013. He replaces Kelvin Balogun who was elevated recently to the position of President of Coca-Cola Central, East and West Africa (CEWA) Business Unit. A statement ...
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Nigerian products to be branded

November 29, 2012 | Minister Olusegun Aganga Nigerian locally made products must be branded with "Made in Nigeria" as a label before pushing them into the market, the Minister Trade and Investment Olusegun Aganga has said. The minister made the remarks yesterday at the first Nigerian Hand-made Local Fabrics (NIHLOFA...
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CBN Grants Firstrand, First Discount Merchant Banking Licence

November 27, 2012 | 1 Director of Corporate Affairs of CBN, Mr. Ugo Okoroafor Central Bank of Nigeria, CBN, has granted merchant banking license to South African FirstRand and First Discount House Limited, saying the nation's external reserves has risen further to $46 billion. Director of Corporate Affairs of CBN, Mr....
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Sanusi says strong capital market crucial for economic development

November 26, 2012 | Malam Sanusi Lamido Sanusi, the Governor of Central Bank of Nigeria (CBN) says that the nation's economy would not experience meaningful growth without the capital market. Sanusi stated this in his Lagos office during a courtesy visit by members of the Chartered Institute of Stockbrokers (CIS). H...
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British Airways to Develop Nigerian Aviation Sector

November 25, 2012 | Keith Williams – CEO, British Airways The Chief Executive Officer of British Airways (BA), Mr. Keith Williams, has offered to partner the Federal Government to help it develop the country's aviation sector and its transformation agenda....
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Total announces the sale of its participating interest in the offshore OML 138

November 20, 2012 | November 2012:  Total announces that it has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash (subject to post-closing adjustments). The agreement is subject...
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