All posts by Ifreke Inyang
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Analysts allay fears over power sector loans despite challenges
Inspite of the teething problems confronting investors in the Nigerian power sector, the likelihood of default in repayment of power-sector loans has been underplayed by some economic players, who also make a big case for government intervention...
- Posted June 9, 2014
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NNPC targets European market for gas supply
The Nigerian National Petroleum Corporation has said that it is looking for more markets for the nation’s gas on the European continent. This, it said, was in order to generate maximum economic benefit from Nigeria’s enormous gas...
- Posted June 9, 2014
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Fears over delayed bid for oil fields
An air of uncertainty now hovers around the planned marginal field bid round in the petroleum sector after it failed to hold in March 2014 as earlier announced. The Ministry of Petroleum Resources has been silent on...
- Posted June 9, 2014
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Domestic investors reduce holdings by 71.6%
Domestic investors reduced their holdings in the Nigerian stock market by 71.6 per cent between 2007 and 2013, investigation by our correspondent has shown. Since the global economic meltdown in 2008, local investors in the Nigerian capital...
- Posted June 9, 2014
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AMCON has fulfilled its mandate – Chike-Obi
Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa Chike-Obi, in this interview with Festus Akanbi, lists the clean bill of health given to the Nigerian banking industry following the cleaning of all the toxic assets and...
- Posted June 9, 2014
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Kenya Airways commences direct flight services to Abuja
At exactly 12.45 pm, Friday,c , the national carrier of the Kenya government, touched down in Abuja from Nairobi, thus opening a new chapter in direct passenger flight services from Nairobi to Abuja. This is besides its...
- Posted June 8, 2014
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Agriculture lending in Nigeria is growing — Adesina
The successes recorded in the agricultural sector under the Agriculture Transformation Agenda (ATA) have led to increased lending to the sector by banks within and outside the country. The Minister of Agriculture, Dr. Akinwumi Adesina, disclosed that...
- Posted June 8, 2014
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UNIDO, German firms partner to reduce food losses in Nigeria
The United Nations Industrial Development Organisation, UNIDO, is collaborating with Food Processing and Packaging Machinery of the German Engineering Federation (VDMA) to reduce the level of post harvest food losses in Nigeria. Managing Director, Food Processing and...
- Posted June 8, 2014
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Automotive policy: Association decries high tariff
The Association of Trucks and Allied Motor Dealers of Nigeria (ATAMD) has decried the high tariff since the automotive policy was introduced. The association which stated this during a press conference argued that the high tariff will...
- Posted June 8, 2014
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Remodelling projects: Aviation workers urge Senate to review N174bn debt
Workers in the aviation industry have called on the Senate Committee on Aviation to review the N174 billion debts owed contractors handling the airport remodeling projects in order to understand how the debts were incurred. The Coordinator...
- Posted June 8, 2014