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Report Predicts Rise in Global IoT Connectivity in 2019 - THISDAYLIVEBy Emma Okonji A recent survey conducted by Mobile World Live has predicted sudden surge in global Internet of Things (IoT) connectivity in 2019. The survey yielded insights into industry awareness of the technology and the expected pace of uptake, as well as what issues needed to be resolved to facilitate widespread adoption and what …
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NERC Records 41% Rise in Power Investors’ Payments for Operational Permits - THISDAYLIVEFashola denies diverting $600m meant for Mambilla project By Chineme Okafor in Abuja The Nigerian Electricity Regulatory Commission (NERC) has said it received more money in 2017 than it did in 2016 from power sector investors who sought for regulatory permits or renew the licences they held in Nigeria’s power market. This is coming as the Minister … Lies
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All-Share Index Rises 0.4% as Bulls Consolidate Hold on Market - THISDAYLIVEGoddy Egene The bulls remained in control of the stock market, lifting the Nigerian Stock Exchange (NSE) Al-Share Index (ASI) further by 0.4 per cent to close at 30,583.21, while market capitalisation added N45.7 billion to close at N11.4 trillion. The market has remained uptick since the beginning of the week as investors embarked on …
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PTAD to take more insurance companies to court over failure to pay legacy funds - Vanguard News NigeriaThe Pension Transitional Arrangement Directorate, PTAD, could take more insurance companies to court over refusal to pay legacy funds in their possession, after winning the case against Goldlink Insurance.
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Aceess Bank gets CBN, SEC’s approval to acquire Diamond Bank - Vanguard News NigeriaAccess Bank and Diamond Bank Plc have obtained approval in principle from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) on proposed merger plans.
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Otedola moves to acquire Forte Oil upstream, power firm - Vanguard News NigeriaThe majority shareholder of Forte Oil Plc, Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on February 7.
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