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All posts by Ifreke Inyang

  • Nigeria’s retail sector has bright future – Oduoza

    The Group Managing Director/Chief Executive Officer of the United Bank for Africa (UBA) Plc, Mr. Phillips Oduoza has said that Nigeria’s retail sector holds huge potential for growth. Oduoza said this in a keynote address at the...

    • Posted May 30, 2014
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  • FirstBank highlights strategies for SMEs’ survival

    In line with its bid to sustain the development of Small and Medium scale Enterprises (SMEs) in Nigeria, First Bank of Nigeria Limited has extended its SMEConnect seminar to Abia State. A statement explained that the seminar...

    • Posted May 29, 2014
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  • Single-digit inflation to stimulate foreign portfolio investment

    The single-digit inflation anchored on the tight monetary policy will continue to support inflow of foreign portfolio investments (FPIs) in the country, a report has stated. While it noted that this is expected to continue to attract...

    • Posted May 29, 2014
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  • Revenue boost for Caverton as Total extends contract

    The revenue of Caverton Offshore Support Group will witness a boost as  the company has received a two-year contract extension from Total Exploration and Production Nigeria Limited. Besides, Caverton is expecting a new AW139 helicopter which will...

    • Posted May 29, 2014
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  • Low interest charges lure banks to offshore funding

    Nigerian banks are raising tier-2 capital offshore due to low interest charges and their inability to raise funds in the domestic equity market, THISDAY checks have revealed. In order to shore up their capital and have access...

    • Posted May 29, 2014
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  • FG moves to boost gas supply to domestic market

    The federal government is planning to construct the longest pipeline in the country from Calabar via Ajaokuta to Kano State, as part of efforts to ensure adequate supply of gas to meet  the growing market demand  for...

    • Posted May 29, 2014
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  • GTBank named African bank of the year

    Guaranty Trust Bank Plc says it has been named the ‘2014 African Bank of the Year’ for the second consecutive time by the African Banker magazine. The bank was given the award in Kigali, Rwanda. A statement by the...

    • Posted May 29, 2014
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  • Power supply worsens as five transmission lines fail

    Five power transmission lines located in Port Harcourt, Benin and Lagos are currently unavailable for different reasons, thereby worsening the electricity supply situation in the country. This was indicated in the daily operational report of the Transmission...

    • Posted May 29, 2014
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  • FG to construct longest gas pipeline

    The Federal Government has announced plans to construct the longest gas pipeline in the country from Calabar through Ajaokuta to Kano. The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, disclosed this on Tuesday at the opening of...

    • Posted May 29, 2014
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  • Pension fund assets rise to N4.3tn

    The pension fund assets under the Contributory Pension Scheme have risen to N4.3tn, the Chairman, Pension Operators of Nigeria, Mr. Musbau Yola, has said. He gave the figure on Tuesday while speaking at a media briefing on...

    • Posted May 29, 2014
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