Don't Miss


All posts by Ifreke Inyang

  • Experts highlight opportunities in intra-Africa trade

    African business leaders have advocated more private sector participation in intra-Africa trade to unlock the untapped potential of the continent. The experts, who spoke at the Africa Business Conference (ABC) 2014 tagged “African Lions Arising: Driving Private...

    • Posted June 5, 2014
    • 0
  • We’re exempted from NDDC levy – NLNG

    Nigeria LNG Limited says it has been exempted from paying the Niger Delta Development Commission levy. This clarification was made following a recent demonstration by youths purported to be affiliated to a body called Niger Delta Youth...

    • Posted June 5, 2014
    • 0
  • PFAs invest N1.9tn in FGN bonds

    The Pension Fund Administrators have invested a total of N1.9tn in the Federal Government of Nigeria bonds. A document obtained from the National Pension Commission on Tuesday indicated that the figure represented 45.2 per cent of the...

    • Posted June 5, 2014
    • 0
  • Power sector’s future bleak – Dagogo-Jack

    The Power sector is currently being threatened by challenges bordering on transparency at the retail end of the market, poor returns on investment, dwindling investment drives, perception concerns, among many others. The Chairman, Presidential Task Force on...

    • Posted June 5, 2014
    • 0
  • Lafarge WAPCO merges S/Africa, Nigeria’s businesses, changes name

    Lafarge Group on Tuesday said it had combined its Nigeria’s and South Africa’s businesses to create a new name, Lafarge Africa Plc The company, in a statement made available to our correspondent, said it had concluded plans...

    • Posted June 5, 2014
    • 0
  • Accumulate reserves as buffer against external shocks – Experts advise CBN

    As the new Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, settles down for business, some experts in the financial services sector have urged the bank to accumulate reserves as a buffer against external...

    • Posted June 5, 2014
    • 0
  • Naira appreciates on dollar inflow from oil firms

    The naira appreciated slightly against the United States dollar Monday as a result of dollar sales by local units of four multinational oil companies. Reuters quoted dealers to have revealed this. The nation’s currency closed at N162.40...

    • Posted June 4, 2014
    • 0
  • Stock market closes higher on positive momentum

    The Nigerian equities market sustained its positive momentum at the close of trading Monday following gains recorded in the share prices of some highly capitalised stocks such as: Nigerian Breweries Plc, Stanbic IBTC Plc, Nestle Nigeria Plc,...

    • Posted June 4, 2014
    • 1
  • Power generation drops by 1000MW

    Electricity consumers in some parts of the country, including Lagos, will experience a drastic drop in power supply for the next three weeks as the Federal Government on Tuesday announced the shutdown of Utorogu and Ughelli East...

    • Posted June 4, 2014
    • 0
  • Nigeria, Belgium strengthen trade ties

    Nigeria is in the process of a bilateral trade and investment enhancement with Belgium, in a bid to open up more areas of investment in the Nigerian agricultural and manufacturing sector, the Ambassador of Nigeria to Belgium,...

    • Posted June 4, 2014
    • 0