All posts by Ifreke Inyang

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  Tariff review may not revive steel companies – Stakeholders

  Stakeholders in the steel industry have said that the recent review of tariff on imported steel materials and products may not necessarily revive some of the steel companies that are in comatose. The Federal Government had recently...

  • Posted April 20, 2014
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  NACCIMA, Namibian chamber sign MoU on trade

  The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and the Namibian Chamber of Commerce and Industry have signed a Memorandum of Understanding aimed at promoting mutual business cooperation between the two countries. A statement...

  • Posted April 20, 2014
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  CBN unveils guidelines for operating HoldCo

  As part of efforts to sustain the growth of the banking sector, the Central Bank of Nigeria (CBN) yesterday unveiled guidelines for operating a Holding Company (HoldCo). The HoldCo structure, which was introduced in 2010, permits banks...

  • Posted April 19, 2014
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  Single-digit inflation outlook to boost fixed income investments

  The single-digit inflation outlook in the country will generate further interest in Nigeria’s fixed income securities from both domestic and foreign investors, a report has stated. FSDH Merchant Bank Limited which stated this in its latest monthly...

  • Posted April 19, 2014
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  NNPC releases 293 million litres of petrol

  The Nigerian National Petroleum Corporation and its downstream subsidiary, Pipelines and Products Marketing Company, on Thursday said 293,326,011 litres of petrol had been released into the market in a bid to ensure hitch free Easter celebrations across...

  • Posted April 19, 2014
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  Transcorp to raise $1bn to build power plants

  Transnational Corporation of Nigeria Plc (Transcorp), which has interest in industries ranging from agriculture to oil, plans to raise as much as $1 billion to build power plants as it seeks to triple profit in 2014. “We...

  • Posted April 19, 2014
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  Over 1,000 delegates registered for World Economic Forum – Yuguda

  The supervising Minister of National Planning (NPC), Mr. Bashir Yuguda, has said over 1,000 delegates from various countries have so far registered for the World Economic Africa (WEF Africa) scheduled to hold in Abuja next month. Several...

  • Posted April 19, 2014
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  80,424 telecoms subscribers ported in 10 months –NCC

  The Mobile Number Portability scheme has so far produced 80,444 out-porting cases 10 months after its inception. Latest statistics from the Nigerian Communication Commission showed that 80,444 subscribers ported out of the various networks between May 2013...

  • Posted April 19, 2014
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  World Bank approves $150m for Nigeria, Ghana, others

  The Board of Executive Directors of the World Bank has approved $150m to finance 19 university-based Centres of Excellence in Nigeria and six other countries in West and Central Africa. A statement issued by the bank on...

  • Posted April 19, 2014
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  FRC probe designed to condemn my tenure – Sanusi

  The suspended Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, told a Federal High Court in Lagos on Thursday that the proposed investigation by the Financial Reporting Council of Nigeria was designed to condemn him...

  • Posted April 19, 2014
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