All posts by Ifreke Inyang

• 
  ATMs: Banks seek software upgrade extension from Microsoft

  Deposit Money Banks are discussing with Microsoft to seek extension of technical support for Windows XP software following the expiration of the deadline set by the American company on April 8. Microsoft has stopped supporting the security...

  • Posted April 18, 2014
  • 0
• 
  NIPP privatisation: NDPHC seeks payment extension for three bidders

  The Niger Delta Power Holding Company Limited (NDPHC) may have written to its managing board to grant approval for the extension of the 15 per cent initial payment deadline for three preferred bidders of its power plants....

  • Posted April 18, 2014
  • 0
• 
  Nigeria loses $6bn in trade with UAE

  The volume of trade between Nigeria and Dubai has continued to dwindle as a result of the failure of the Nigerian Ambassador to the United Arab Emirates (UAE), Ibrahim Awailu to transfer the Nigerian Trade Centre (NTC)...

  • Posted April 17, 2014
  • 0
• 
  NSE capitalisation hits N12.91tn as Seplat climbs higher

  The capitalisation of the equities market hit a one-month peak of N12.910 trillion yesterday as Seplat Petroleum Development Company Plc price rallied for the second day on high demand by investors. The oil and exploration company, listed...

  • Posted April 17, 2014
  • 0
• 
  GTBank, Avios introduce loyalty reward scheme

  Guaranty Trust Bank Plc has announced the introduction of its new loyalty scheme exclusively for holders of its credit card. According to a statement by the bank, the loyalty scheme is developed in partnership with Avios, a...

  • Posted April 17, 2014
  • 0
• 
  Skye Bank appoints Oguntayo CEO-designate

  The board of directors of Skye Bank Plc has  approved a successor to the incumbent Group Managing Director/Chief Executive Officer, Mr. Durosinmi-Etti who will retire from the bank on July 31, 2014 at the end of his...

  • Posted April 17, 2014
  • 0
• 
  Nigeria could lose billions to new wave of import duty, tax waivers – NAMA

  The 19-member strong Nigerian Auto Manufacturers Association of Nigeria (NAMA) has written to the federal government asking it to cancel a new wave of import duty waivers granted to an unnamed businessmen to import cars into the...

  • Posted April 17, 2014
  • 0
• 
  Fish, bread prices push inflation to 7.8% – NBS

  The National Bureau of Statistics has released the Consumer Price Index for the month of March, stating that inflation rose by 7.8 per cent from 7.7 per cent recorded in the month of February. The NBS, in...

  • Posted April 17, 2014
  • 0
• 
  World Economic Forum will hold in Abuja – Okonjo-Iweala assures

  The Federal Government has assured that the World Economic Forum on Africa will hold in Abuja next month. The government also on Tuesday pledged to deploy more than 6,000 police and soldiers to protect the global economic...

  • Posted April 17, 2014
  • 0
• 
  FG approves new cement standards

  In a bid to check the spate of building collapse in the country, the Federal Government has approved new standards for the cement industry. The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, disclosed this on...

  • Posted April 17, 2014
  • 0