All posts by Ifreke Inyang

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  FG explores apps market to address unemployment

  The growing applications market has spurred the Federal Government to explore the industry to address the high rate of unemployment in the country. The government gave the indication at the inauguration of the Enterprise Platform for Entrepreneurship...

  • Posted May 7, 2014
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  FG asks aviation workers to shelve strike

  The Federal Government has appealed to aviation workers who are preparing for a two-day warning strike over the merger of some agencies to forget the idea as it is still considering the recommendations of the Steve Orosanye-led...

  • Posted May 7, 2014
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  Banks weigh options to protect ATMs from hackers

  Deposit Money Banks in the country are mulling two options to protect their Automated Teller Machines from hackers following the expiration of the April 8 deadline set by Microsoft for the cessation of support of the Windows...

  • Posted May 7, 2014
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  Abuja shutdown is illegal – Gbajabiamila

  The Minority Leader of the House of Representatives, Mr. Femi Gbajabiamila, on Monday decried the Federal Government’s decision to shut down the nation’s capital, Abuja, for the World Economic Forum. He said the government’s action was illegal...

  • Posted May 7, 2014
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  FG to tackle erring firms over unethical competitive practices

  The federal government yesterday said the days of cartel-like entities and organisations involved in antitrust and unethical competitive practices were over, noting that with the presentation of the draft National Competition and Consumer Protection Policy prepared by...

  • Posted May 7, 2014
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  Dangote Cement explains impressive results

  The Group Managing Director of Dangote Cement Plc (DCP), Mr. Devakumar Edwin, last Friday attributed the impressive results of the company in 2013 to various strategies the management of the company adopted. DCP recorded a turnover of...

  • Posted May 6, 2014
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  NSE Lists Ekiti, Nasarawa N10bn Bonds

  The Nigerian Stock Exchange (NSE) last Friday listed the  Ekiti State N5 billion 14.5 per cent fixed rate due 2020 and  the Nasarawa State N5billion 15 per cent  fixed rate bond due January 6, 2021. The Ekiti...

  • Posted May 6, 2014
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  CBN bans bank debtors from new loans

  The Central Bank of Nigeria has banned debtors of closed banks with non-performing loans of a maximum of N250m from accessing new facilities in any Deposit Money Banks in the country. The Managing Director/Chief Executive Officer, Nigeria...

  • Posted May 6, 2014
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  Nigeria records $6.61bn Forex outflow

  The total outflow of forex from the country in February 2014 has been put at $6.61 billion. Similarly, the provisional data of the Central Bank of Nigeria (CBN) indicated that forex inflow through the central bank in...

  • Posted May 6, 2014
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  Market operators await implementation of waivers on VAT, stamp duties

  One year and five months after President Goodluck Jonathan approved waivers and incentives to  boost capital market activities, some of those waivers are yet to be implemented, THIISDAY checks have revealed. As part of efforts to revive...

  • Posted May 6, 2014
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