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All posts by Ifreke Inyang

  • LCCI to recognise excellence in business

    The Lagos Chamber of Commerce and Industry has concluded plans to hold its first awards for outstanding organisations in commerce and industry. The Director-General of the LCCI, Mr. Muda Yusuf, disclosed in a statement on Thursday. He...

    • Posted April 27, 2014
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  • Stakeholders seek end to steel importation

    Steel manufacturers have said there is no need to import iron and steel materials anymore as local manufacturing of the products has improved  tremendously and can meet the annual demand of the country. The Managing Director of...

    • Posted April 27, 2014
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  • Shareholders approve $500m fresh capital for Diamond Bank

    Shareholders of Diamond Bank Plc Thursday endorsed the plan by the bank to raise $500 million additional capital in its quest to raise its tier 2 capital by $750 million. The fund would be raised through a...

    • Posted April 26, 2014
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  • Shell: Forcados oil terminal still closed

    Shell Nigeria has said its Forcados oil export terminal remains closed, seven weeks after it was shut down to repair a sabotaged undersea pipeline. Militants had claimed responsibility for the vandalism. According to Associated Press (AP), there...

    • Posted April 26, 2014
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  • Stockbrokers seek borrowing limit removal for states, LGs

    The Chartered Institute of Stockbrokers has urged the Federal Government not to limit the amount that states and local governments can borrow from the capital market. The President, CIS, Mr. Ariyo Olushekun, made the call on Thursday...

    • Posted April 26, 2014
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  • CBN confirms Dikko Unity Bank chairman

    The Central Bank of Nigeria (CBN) has confirmed the appointment of Alhaji Lamis Dikko as the Chairman of the board of directors of Unity Bank Plc. A statement from the bank showed that the approval was contained...

    • Posted April 26, 2014
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  • Abuja is safe – Jonathan assures participants attending World Economic Forum

    President Goodluck Jonathan yesterday reassured the global community of the safety of all participants in next month’s World Economic Forum on Africa in Abuja. The president spoke when he had an audience with China’s new Ambassador to...

    • Posted April 26, 2014
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  • Aiteo to build 100,000bpd refinery in Warri

    An indigenous full service energy group, Aiteo, has said it will build a 100,000 barrels per day crude oil Greenfield refinery in Warri, Delta State by 2017. The company, in a document made available to our correspondent...

    • Posted April 26, 2014
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  • We’ve not increased cement prices – Dangote

    Dangote Cement Plc has said that it has not increased the prices of its product and that the rebranding of its 42.5 grade of cement is at no extra cost to the consumers. The company in a...

    • Posted April 26, 2014
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  • Turkey, Nigeria bilateral trade volume still low – Envoy

    The Turkey Ambassador to Nigeria, Mr. Mustafa Pulat, has said that at $1.5bn, the bilateral trade between his country and Nigeria is very low. According to him, the figure does not represent the potential of both countries...

    • Posted April 26, 2014
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