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All posts by Ifreke Inyang

  • Power will increase Nigeria’s growth rate – Minister

    Efficient power supply can increase Nigeria’s growth rate to double digits, the Minister of Power, Prof. Chinedu Nebo, has said.   According to him, Nigeria may emerge as one of the top economies of the world if...

    • Posted April 28, 2014
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  • Legal issues dominate ports regulation agenda

    Experts drawn from the legal profession and industry chieftains gathered at a stakeholders’ forum recently, where they identified the urgent need for legislative empowerment and other issues to be addressed to aid the success of the Nigerian...

    • Posted April 28, 2014
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  • 70% of bank ATMs exposed to fraud – Microsoft

    Over 70 per cent of Automated Teller Machines owned and operated by banks in the country, which are currently running on the Windows XP operating system, are exposed to frauds as Microsoft has foreclosed the extension of...

    • Posted April 27, 2014
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  • Bayelsa community threatens Shell

    Indigenes of Letugbene community in Ekeremor, Bayelsa State,  have threatened to disrupt the operations of Shell Petroleum Development Company if the multinational oil firm fails to accord them ownership recognition of the Tunu Flow station. The community...

    • Posted April 27, 2014
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  • Currency in circulation rises to N1.574tn

    The total value of the currency in circulation in the Nigerian economy increased slightly to N1.574 trillion at the end of March, compared to the N1.558 trillion it was at the end of February, data obtained from...

    • Posted April 27, 2014
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  • IFRS: FRC may extend deadline for microfinance banks

    The Financial Reporting Council may extend the deadline for microfinance banks to adopt to the International Financial Reporting Standards, the News Agency of Nigeria reports. A senior official of the council, who preferred anonymity, made this known to NAN on Thursday...

    • Posted April 27, 2014
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  • FG may lose $1.3tn to EU over Trade Accord

    Trade and development experts Thursday expressed fears that Nigeria may lose over $1.3 trillion if government eventually ratifies the Economic Partnership Agreement (EPA), a trade accord framework with the European Union countries (EU), which it signed four...

    • Posted April 27, 2014
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  • Otudeko canvasses listing of Telcos, oil firms on NSE

    Former President of the Nigerian Stock Exchange (NSE) and Chairman, Honeywell Flour Mills Plc, Mr. Oba Otudeko Thursday called on the federal government to formulate policies that would allow more Nigerians benefit from the profits made by...

    • Posted April 27, 2014
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  • Engota to acquire assets in Nigerian oil industry

    New investment fund, Engota, will begin working internationally within the finance industry to build a portfolio of oil exploration and production assets in the lucrative Nigerian market, the Business Wire reported yesterday. “Nigeria holds some of the...

    • Posted April 27, 2014
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  • Minister to promote agriculture through expo

    The Minister of Agriculture and Rural Development, Dr Akinwunmi Adesina, has confirmed he will participate in the 2014 edition of agricultural exhibition tagged, AGRIEXPO, as a keynote speaker. He said that the exhibition was in line with...

    • Posted April 27, 2014
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