All posts by Ifreke Inyang

• 
  Presidency directs NERC to resolve geometric, interstate dispute

  President Goodluck Jonathan has directed the Nigerian Electricity Regulatory Commission (NERC) to resolve the dispute between Geometric Power Limited and Interstate Electrics Limited over the lease agreement signed by the federal government and Geometric  power on April...

  • Posted July 1, 2014
  • 0
• 
  FG targets 35% reduction in fish importation annually

  The Federal Government has said it was working to reduce fish importation by 35 per cent over the next three years to make Nigeria self sufficient in fish production.   The Minister of Agriculture, Dr. Akinwumi Adesina...

  • Posted June 30, 2014
  • 0
• 
  Domestic investors record N109.75bn transactions in May

  There are indications that local investors in the Nigerian capital market may have started to find their way back to the bourse as data from the Nigerian Stock Exchange for the month of May showed that domestic...

  • Posted June 30, 2014
  • 0
• 
  “Nigerian banks ready for e-Commerce business” – Mrs. Ugochukwu

  In the estimation of Executive Director, Shared Services, Fidelity Bank Plc, Mrs. Chijioke Ugochukwu, who spoke with Festus Akanbi last week, the teething problems to e-payment mode of banking notwithstanding, Nigerian banks are better positioned to avail...

  • Posted June 30, 2014
  • 0
• 
  Indigenous firms get N5.6bn oil contracts

  Nigerian companies were awarded contracts worth N5.63 ($34.1m) in the oil and gas sector in the first quarter this year, representing 90.7 per cent of the $37.65m contracts (N6.2bn) that should have gone to indigenous firms in...

  • Posted June 30, 2014
  • 0
• 
  Insurgency: Customs, NPA, NIMASA, others strengthen ports security

  With the seizure of containers of army uniforms and boots, among others, federal government agencies – apparently apprehensive of a possible use of the nation’s ports to bring in dangerous cargos into the country as was the...

  • Posted June 30, 2014
  • 0
• 
  Cybercrimes: Pressure on banks, others to comply with security standards

  The growing sophistication of cyber criminals and the attendant erosion of confidence in e-payment mode of transaction have roused financial authorities and other stakeholders to action with the call on banks and payment firms to comply with...

  • Posted June 30, 2014
  • 0
• 
  No plan to reduce cooking gas price — Marketers

  Hope for a reduction in the price of cooking gas may have been dashed as marketers of the commodity say they have no plan to cut the price anytime soon. According to them, the current cost of...

  • Posted June 30, 2014
  • 0
• 
  SEC DG stresses importance of investors’ education

  The Director-General of the Securities and Exchange Commission, Ms Arunma Oteh, stressed the importance of financial literacy among investors, saying it is a vital key to positive investment decisions in the nation’s  capital market. Oteh stated this...

  • Posted June 29, 2014
  • 0
• 
  FG realises N669bn from privatisation

  The Director-General, Bureau of Public Enterprise, Mr Benjamin Dikki, on Friday said that the Federal Government realised N669bn from privatisation of its enterprises from 1999 to date. Dikki made this known while delivering a lecture on “Federal...

  • Posted June 29, 2014
  • 0