All posts by Ifreke Inyang

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  Development partners to inject $2bn into Nigeria’s power sector

  Development partners across the world are to inject about $2 billion into Nigeria‘s power sector in the next few years, the Country Representative of the  United Nations Industrial Development Organisation (UNIDO), Dr. Patrick Kormawa, has disclosed. The...

  • Posted May 11, 2014
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  Insecurity: FG allays fear of food shortage by 2015

  The Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, yesterday allayed fears of food security challenges in the country by 2015 as a result of the current insecurity, especially in the North-east and North-central parts of...

  • Posted May 11, 2014
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  Fidelity Bank attributes poor performance to strict regulations

  The Managing Director, Fidelity Bank Plc, Mr. Nnamdi Okonkwo, on Thursday attributed the bank’s unimpressive performance in 2013 to higher cost of deposits arising from tight monetary conditions. Okonkwo said this at the bank’s ‘facts behind the...

  • Posted May 11, 2014
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  Nigeria mulls e-CCI from third quarter

  The Central Bank of Nigeria (CBN) and some other stakeholders in the financial market are assiduously working towards introducing an electronic Certificate of Capital Importation (e-CCI) in the country before the end of the third quarter of...

  • Posted May 11, 2014
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  Aviation Ministry provides clarification on remodelling of airports

  The aviation ministry has provided clarifications on the state of the ongoing remodeling of the nation’s airports. A statement from the ministry signed by its Assistant Director, Press/PRU, Mr. Ojeme Hastings, said the story going the rounds...

  • Posted May 10, 2014
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  Oil majors suspend $190bn investment over Petroleum Industry Bill

  Major oil and gas producing companies operating in Nigeria have suspended new investment in offshore exploration because of the planned Petroleum Industry Bill (PIB), which the companies said has high taxation arrangement. This was disclosed by the...

  • Posted May 10, 2014
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  FG to boost Nigerian products’ export to US

  The Federal Government on Thursday said it was partnering with the United States Government to boost the export of Nigerian products to the US. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, said this during...

  • Posted May 10, 2014
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  Slok Air to re-launch operations with Emirates partnership

  Slok Air is  planning to  enter into a partnership with Emirates, which is expected to facilitate the return of the airline to business. Chairman of Slok Air and former Governor of Abia State,  Orji Uzor Kalu, disclosed...

  • Posted May 10, 2014
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  WEFA: Elumelu advises global shapers to embrace entrepreneurship

  The Chairman of Heirs Holdings and Tony Elumelu Foundation, Mr. Tony Elumelu, has told Global Shapers at the SHAPE Africa 2014 that young people need to embrace entrepreneurship, saying it was important to the growth of the...

  • Posted May 10, 2014
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  Reduce cost of doing business – ITC tells FG

  The International Trade Centre on Wednesday called on the Federal Government to reduce the cost of doing business in the country. The Executive Director, ITC, Arancha Gonzalez, made the call when she was hosted by the Minister...

  • Posted May 10, 2014
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