Don't Miss


All posts by Ifreke Inyang

  • CBN receives 4,142 petitions on fraud

    The Central Bank of Nigeria said it received and treated 4, 142 fraud related petitions against Nigerian banks resulting in the refund of N14.69billion to aggrieved customers. The Director, Consumer Protection Department (CPD), CBN, Umma Dutse, stated...

    • Posted July 3, 2014
    • 0
  • Cement: House endorses use of 42.5 grade

    The House of Representatives  Wednesday recommended the use of 42.5mpa grade cement for standard construction works in the country, saying it is durable and less susceptible to misapplication. The House, which adopted the report of Rep Yakubu...

    • Posted July 3, 2014
    • 0
  • FG woos Chinese investors for national carrier

    The Federal Government on Tuesday asked investors from China to partner Nigeria in floating a national carrier for the country. According to the government, Nigeria being the largest economy in Africa should have a national carrier. The...

    • Posted July 3, 2014
    • 0
  • Seplat shareholders reap benefits of listing

    Shareholders of Seplat Petroleum Development Company Plc have started reaping benefits of listing on the Nigerian Stock Exchange (NSE), realising  a capital gain of 22 per cent as at close of June 30, 2014. The company was...

    • Posted July 3, 2014
    • 0
  • SAP set to make Nigeria banks Basel II compliant

    SAP Africa, in partnership with EY (Ernst and Young), is committed to transforming the banking sector in Nigeria to become Basel II compliant and take advantage of the Big Data analytics solution for real-time reporting, according to...

    • Posted July 3, 2014
    • 0
  • Duty on used cars not increased to 70% – Aganga

    Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, on Wednesday said there was no truth in media reports that duty on used cars had been increased to 70 per cent with effect from July 1 based...

    • Posted July 3, 2014
    • 0
  • Forte Oil joins high-priced stocks

    The Nigerian Stock Exchange says Forte Oil has become the 12th high- priced stocks, following the review of the prices of stocks. A statement by the Head, Corporate Communications, NSE, Nwando Ajene, said the review was part...

    • Posted July 3, 2014
    • 0
  • NDIC warns bank examiners against unethical practices

    The Managing Director,  Nigeria Deposit Insurance Corporation, Alh Umaru Ibrahim, on Wednesday warned its banks examiners against unethical practices, noting that the corporation would not condone any form of unethical conduct in the banking system. The NDIC...

    • Posted July 3, 2014
    • 0
  • Insurers reduce cover in troubled states

    Underwriting firms are gradually reducing insurance cover in the states in the North where scores of people die and valuable property is lost almost daily as a result of Boko Haram insurgency, investigation has revealed. Despite the...

    • Posted July 3, 2014
    • 0
  • African countries record 20% improvement in quality performance

    The overall quality of government policies and institutions that broadly support growth and reduce poverty in African countries remained steady in 2013, whereas progress was made in a number of former conflict affected countries, according to a...

    • Posted July 3, 2014
    • 0