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All posts by Ifreke Inyang

  • Switch to energy bulbs – FG tells consumers

    Over 1,200 megawatts of electricity is consumed by incandescent light bulbs, otherwise known as screw-in or filament light bulbs, which are widely used across Nigeria, the Federal Government has said. It said the continued use of incandescent...

    • Posted October 27, 2014
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  • Bad loans eating into our profits – Unity Bank CEO

    The Chief Executive Officer, Unity Bank Plc, Mr. Henry Semenitari, spoke to some journalists in Abuja on bad loans and other issues affecting the banking industry; EVEREST AMAEFULE was there Can you share some of your experiences with us since...

    • Posted October 27, 2014
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  • Discos appeal NERC’s order on Open Book Review

    The 11 electricity distribution companies (Discos) that have been ordered by the Nigerian Electricity Regulatory Commission (NERC) to remit approximately N19,328,280,638.62 allegedly owed to the Federal Inland Revenue Services (FIRS), Nigerian Electricity Liabilities Management Company (NELMCO) and...

    • Posted October 27, 2014
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  • NAIDP: Oando backs policy, eyes manpower development

    When the President, Dr Goodluck Jonathan, announced the new automotive industry policy on October 2, 2013, he breathed new life into a vital sector of Nigeria’s economy which had been comatose for several years. Clearly, Nigeria has...

    • Posted October 27, 2014
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  • New NCAA Director General to resume duty next week

    The newly appointed Director General (DG) of the Nigerian Civil Aviation Authority (NCAA), Captain Muhktar Usman, will resume work next week after collecting his letter of appointment last Tuesday. The acting DG of the agency, Benedict Adeyileka,...

    • Posted October 26, 2014
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  • NIG commends GTBank on innovative Internet Banking

    The Nigeria Internet Group (NIG) has recognised Guaranty Trust Bank (GTBank) as one of the foremost Nigerian banks with a very innovative internet banking platform and top-of-the-range electronic solutions, products and services which avail customers ease and...

    • Posted October 26, 2014
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  • FG to approve N100bn for mini nodern Ranches

    The federal government on Thursday said it was considering approving N100 billion for the establishment of mini modern ranches across the country. The fund, according to the Committee on Grazing Reserves chaired by the Benue State Governor,...

    • Posted October 26, 2014
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  • VON Automobile can neet Nigeria’s vehicle needs – Singh

    VON Automobile multivehicle assembly plant along Lagos–Badagry Expressway can meet the country’s vehicular demand with its current production capacity of 50,000 vehicles annually, the group Managing Director (automobile division) Stallion Motors Limited, Mr. Parvir Singh has said....

    • Posted October 26, 2014
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  • Mara empowers 40 Nigerians on entrepreneurship

    Young Nigerian entrepreneurs moved closer to their entrepreneurial ambitions as they competed for a six-month mentorship placement under leading entrepreneurs at the second edition of the Mara Mentor One-on-One session held in Abuja. The event, a session...

    • Posted October 26, 2014
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  • FG determined to float National Carrier

    The federal government has restated its determination to establish a national carrier before the end of this administration in May next year. To this end, government was said to have decided to shelve other projects, including the...

    • Posted October 25, 2014
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