All posts by Ifreke Inyang

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  House of The Week: A fantastic 5-bedroom house for sale at Omole Phase 2, Lagos

  Our house of the week is this 5 bedroom detached duplex located at Omole Phase 2 Estate in Ikeja, Lagos. This property features 5 bedrooms, 5 bathrooms, 3 lounges and 1 dining area. This house is exquisitely...

  • Posted June 20, 2014
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  GDP rebasing to support Nigeria’s Vision 20:2020 – Emefiele

  The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said the recent rebasing of the country’s gross domestic product (GDP) will support its quest to be among the top 20 nations by 2020. According to...

  • Posted June 20, 2014
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  Fitch rates Access Bank’s Tier 2 Note Issue ‘B-‘

  Global rating agency, Fitch Ratings has assigned Access Bank’s $400 million subordinated debt (Tier 2 notes) a final rating of ‘B-‘ and Recovery Rating of ‘RR6’. The notes, issued directly through the bank, have a coupon set...

  • Posted June 20, 2014
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  International money transfers must be in naira — CBN

  The Central Bank of Nigeria has unveiled guidelines to regulate international money transfer services in the country. The 19-page document, posted on the central bank website on Wednesday, is meant to ensure that money transfer services companies,...

  • Posted June 20, 2014
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  Shareholders lament N53.52bn banks’ levy to AMCON

  Eight commercial banks contributed N53.52 billion to the Asset Management Corporation of Nigeria’s (AMCON’s) sinking fund in 2013. Checks by the News Agency of Nigeria (NAN) indicated that the banks were Zenith Bank Plc, Union Bank of...

  • Posted June 20, 2014
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  N28tn invested by private sector between 2010 and 2013 – FG

  The federal government yesterday disclosed that  Nigeria had surpassed its investment projection by over 100 per cent between 2010 and 2013. The Minister of Information, Labaran Maku, made the disclosure  while briefing State House correspondents after the...

  • Posted June 20, 2014
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  Mainstreet Bank gets new chairman

  The Central Bank of Nigeria has approved the appointment of Alhaji Gambo Ahmed as the Chairman of the Board of Directors, Mainstreet Bank Limited. The appointment follows the recommendation of Ahmed by the Asset Management Corporation of...

  • Posted June 20, 2014
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  Banks lose N40bn to Internet fraud – CBN

  Nigerian banks lost N40bn to cybercrimes in 2013, the Central Bank of Nigeria disclosed on Wednesday. The Chief Information Security Officer, CBN, Mr. Taiwo Longe, made this disclosure at the first National Cyber Security Forum in Lagos....

  • Posted June 20, 2014
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  New airlines: Domestic fares crash by 56%

  The entry of some new airline operators into the domestic segment of the Nigerian aviation industry has led to a crash of over 56 per cent in airfares on domestic routes; investigations by our correspondent have shown....

  • Posted June 20, 2014
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  Shake-up in CBN, Emefiele redeploys deputy governors

  The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Wednesday began the reorganisation of the institution with the redeployment of the deputy governors of the bank. The development was confirmed in a statement issued...

  • Posted June 20, 2014
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