All posts by Ifreke Inyang

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  Court summons Aganga, SON as Lafarge Cement challenges new cement standard

  A Federal High Court in Abuja has ordered the Minster of Industry Trade and Investment, Mr. Segun Aganga and the Standards Organisation of Nigeria (SON) to appear before it  on June 10 to show cause why they...

  • Posted June 6, 2014
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  Local content: FG restates support for free zones

  The Federal Government says it will continue to support free zones operations in the country with a view to maximizing job- creation potential of such enterprises as well as facilitate trade and foreign direct investment. The Minister...

  • Posted June 6, 2014
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  Again, Reps demand revenue details from NNPC, others

  The House of Representatives on Thursday asked the Nigerian National Petroleum Corporation to submit the details of revenue performance from 2011 till date to its Committee on Finance. It also ordered an investigation into the “true state...

  • Posted June 6, 2014
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  PAAR: Customs, clearing agents disagree over duty charges

  Six months after the Nigeria Customs Service took over the management of the Destination Inspection scheme from three private sector service providers, importers and customs agents are still complaining about unexpected high duties. The hike in duty...

  • Posted June 6, 2014
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  Confab committee seeks $1.2bn bailout for Ajaokuta steel

  The Chairman of the National Conference Committee on Science and Technology, Dr. Daniel Maddo, on Thursday in Abuja presented the report of the committee for consideration and adoption with a submission that the Ajaokuta Steel Complex required...

  • Posted June 6, 2014
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  Nigeria has spent N370.8bn on settlement of PHCN workers – BPE

  The federal government yesterday said it had spent N370.8 billion on the payment of severance allowances to workers of the defunct Power Holding Company of Nigeria, PHCN. Martina Omojola, the Deputy Director, Labour Matters, Electricity Power Department,...

  • Posted June 6, 2014
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  Stanbic, CSL, Rencap, Cordros dominate trading at Stock Market

  Stanbic IBTC Stockbrokers Limited, CSL Stockbrokers Limited, Recap Securities (Nigeria) Limited and Cordros Capital Limited   dominated  the transaction table in value terms at the Nigerian Stock Exchange (NSE) in the month of May.  Stanbic IBTC led the...

  • Posted June 5, 2014
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  Stockbrokers screen new representatives for NSE Council

  As the Council of the Nigerian Stock Exchange (NSE) prepares for its annual general meeting (AGM) in June, the  Association of Stockbroking Houses (ASHON) has  begun the process of getting new representatives on the Council, THISDAY checks...

  • Posted June 5, 2014
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  Dana: AIB orders airline, NCAA to review operations

  The Accident Investigation Bureau has directed Dana Airlines to review its operations in three areas. This was contained in the interim report of the Dana Airlines crash of June 3, 2012 that had led to the death...

  • Posted June 5, 2014
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  Uduaghan reassures Ijaws on $16bn Gas City Project

  Hopes have brightened for a hitch-free take-off of the $16 billion Gas City Project in the Escravos Export Processing Zone (EPZ) in Delta State with Governor Emmanuel Uduaghan wading into the protest by Ijaw communities over alleged...

  • Posted June 5, 2014
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