All posts by Ifreke Inyang

• 
  SEC moves to deepen, strengthen bond market regulation

  The Securities and Exchange Commission (SEC) is making fresh efforts to deepen and strengthen the monitoring of the Nigerian bond market. Following the collapse of the equities market in 2008, the bond market has remained the toast...

  • Posted October 28, 2014
  • 0
• 
  UBA partners firm to deliver e-Commerce platform

  The United Bank for Africa (UBA) Plc has announced a deal with Ixaris and its Nigerian partner, ‘Ojapay’ to deploy a virtual card platform across its 20 African markets. A statement from the bank explained that UBA...

  • Posted October 28, 2014
  • 0
• 
  Investors spend N12.9m on ETPs

  Investors spent N12.9m investing in the country’s growing Exchange Traded Products market last week, data from the Nigerian Stock Exchange showed. Specifically, 702.099 units of Exchange Traded Products were traded in 19 deals during the week, compared...

  • Posted October 28, 2014
  • 0
• 
  No more annual allocations to DPR

  President Goodluck Jonathan has approved the retention of four per cent of royalties on oil and gas concessions and other revenues as the cost of collection by the Department of Petroleum Resources, investigation has shown. This means...

  • Posted October 28, 2014
  • 0
• 
  2.3GHz spectrum service ready in January

  Service on the 2.3GHz spectrum, which is expected to boost service quality, will be available for telecoms consumers as from January 2015, it was learnt on Thursday. Bitflux Consortium made this known through VDT Communications, the promoter...

  • Posted October 28, 2014
  • 0
• 
  Additional capital boosts Unity Bank’s growth plan

  The conclusion of Unity Bank’s rights issue and special placement, which saw the bank raise more than N39bn additional capital have put the bank in a position to pursue its growth strategy, our correspondent has gathered. Unity...

  • Posted October 28, 2014
  • 0
• 
  Enterprise Bank: Heritage Bank pledges innovative services

  Heritage Bank Limited has said that its acquisition of Enterprise Bank will produce a bigger and more innovative organisation. Managing Director/Chief Executive, Heritage Bank Limited, Mr. Ifie Sekibo said this at the sidelines of his investiture by...

  • Posted October 28, 2014
  • 0
• 
  Lagos Airport still busiest as Bielderman becomes NAHCO CEO

  The Murtala Muhammed International Airport in Lagos remained the busiest air transport facility with 1,683,375 passengers in the first quarter of the year, representing 49.27 per cent of the total traffic recorded at the airport, according to...

  • Posted October 27, 2014
  • 0
• 
  Nigeria has the capacity to confront major threats – Okonjo-Iweala

  On the front burners at the 2014 IMF-World Bank Meetings were the issues of falling oil prices at the international market and the deadly Ebola Virus Disease, that are  threatening many economies.  But the  Coordinating Minister for...

  • Posted October 27, 2014
  • 0
• 
  Nigeria imports three million bags of rice in October

  Nigerians imported 165, 852 metric tonnes of rice in the first three weeks of October this year, amounting to over three million bags of 50 kilogramme of the commodity. With an average market price of N10,000 per...

  • Posted October 27, 2014
  • 0