All posts by Ifreke Inyang
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Confusion trails House of Representatives’ report on PIB
There are strong indications that contrary to the normal legislative practice, where committee reports are submitted on the floor of the National Assembly as public documents, the report of the Ishaka Bawa-led House of Representatives’ Adhoc Committee...
- Posted October 22, 2014
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Bank stocks help equities to halt 10-day slide
Nine bank stocks and 26 other equities recorded gains on Monday as equities rallied to halt a 10-day slide, which saw the market capitalisation of the listed equities shed N995bn and the Nigerian Stock Exchange All Share...
- Posted October 22, 2014
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FG mobilises over N2.4tr additional financing for sectoral projects
Over N2.4 trillion additional financing outside annual budgetary provisions has been mobilised from global multilateral agencies and financial institutions across the world to enable various Ministries, Departments and Agencies (MDAs) of the federal government to execute sectoral...
- Posted October 22, 2014
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NSE Index rises 1.2 % as bulls return to market
Respite came the way of the Nigerian equities market yesterday as 10 days bear run was halted. The market closed 1.22 per cent higher compared to 5.55 per cent decline recorded last week. The bear run had...
- Posted October 22, 2014
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Presidency meets stakeholders over failing power projects
The Presidency has met with investors in the National Integrated Power Projects, the Niger Delta Power Holding Company, Bureau of Public Enterprises and gas companies over what it described as “a stalled state” of the NIPP plants...
- Posted October 22, 2014
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Fashola urges banks to stop casualisation, deposit targets
The Governor of Lagos State, Mr. Babatunde Fashola, has asked banks in the country to rethink some of their practices, including the growing trend of casualisation of labour. The governor also stressed the need for banks to...
- Posted October 22, 2014
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PenCom to establish pension protection fund
The National Pension Commission plans to establish and maintain a pension protection fund for the benefits of retirees registered with any of the pension schemes established, approved and recognised by the Pension Reform Act, 2014, investigation has...
- Posted October 22, 2014
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SON begins local products’ MANCAP certification
The Standards Organisation of Nigeria has commenced the full implementation of the Mandatory Conformity Assessment Programme for products manufactured in the country. According to the agency, the MANCAP will promote competitiveness of products manufactured in Nigeria, particularly...
- Posted October 22, 2014
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IMF cuts Africa’s growth forecast
The International Monetary Fund (IMF) has reduced its growth forecast in sub-Saharan Africa because of the outbreak of Ebola virus disease in West Africa and violence in at least five other countries. Africa’s economy will expand five...
- Posted October 22, 2014
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Access Bank bags ISO Certification
Access Bank Plc at the weekend bagged the International Organisation for Standardisation (ISO) 22301:2012 certificate for “Societal Security – Business Continuity Management Systems.” Speaking during the presentation of the certificate in Lagos, Deputy Managing Director of Access...
- Posted October 21, 2014