All posts by Ifreke Inyang

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  Kwara to raise N23bn bond for infrastructure development

  Kwara state government  has disclosed plans to issue N23 billion bond to finance infrastructural projects across the state. Also, the state government said it has concluded arrangement to sell its legislative quarters to all the 24 members...

  • Posted April 12, 2014
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  GTBank targets 20% loan growth in 2014

  Guaranty Trust Bank Plc (GTBank) said it plans to grow its loan book between 15 and 20 per cent this year. In order to achieve the, the bank listed its target sectors to include telecoms, oil and...

  • Posted April 11, 2014
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  Terminal operators decry diversion of rice laden vessels

  THE Seaport Terminal Operators Association of Nigeria (STOAN) has decried the continuous diversion of ships laden with rice to the ports of neighbouring countries. Chairman of STOAN, Princess (Dr.) Vicky Haastrup, said in Lagos that no fewer...

  • Posted April 11, 2014
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  Stakeholders demand increased gas supply to power plants

  Experts have demanded for increased supply of gas to the country’s power sector, saying this is one of the critical issues that require urgent attention in order to stimulate efficient power delivery in the country. This was...

  • Posted April 11, 2014
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  NCC may drop proposed plan on second phase launch of number porting

  The Nigerian Communications Commission (NCC), may have jettisoned its initial plan to launch the second phase of Mobile Number Portability (MNP), following recent industry development. Based on the successful launch of the first phase of MNP scheme...

  • Posted April 11, 2014
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  CBN disburses N228bn agric credit funds

  The Central Bank of Nigeria (CBN) has put the total amount disbursed to beneficiaries under the Commercial Agriculture Credit Scheme (CACS) as at the end of the first quarter 2014 at N228.093 billion. The central bank disclosed...

  • Posted April 11, 2014
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  AMCON plans to sell Air Nigeria’s planes

  The Asset Management Corporation of Nigeria is considering the sale of four medium-sized planes and the entire assets of Air Nigeria as a final resort to recover the multibillion naira non-performing loans of the airline, investigations by...

  • Posted April 11, 2014
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  Senate amends Companies and Allied Matters Act

  The Senate on Wednesday passed a bill seeking to amend the Companies and Allied Matters Act, 2004. The bill, among other provisions, requires the Corporate Affairs Commission to subject the appointment of its chairman to the Senate...

  • Posted April 11, 2014
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  Access Bank supports National Identity Management Scheme

  Access Bank Plc said it had provided an equipped office for the National Identity Management System project, as part of its commitment towards the success of the programme. The office, which is situated in Lagos, is expected...

  • Posted April 11, 2014
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  NNRC backs forensic audit of NNPC

  The Nigerian Natural Resource Charter has supported the idea of subjecting the Nigerian National Petroleum Corporation to a forensic audit.  This was contained in a communiqué issued by the charter after a roundtable on transparency in the...

  • Posted April 11, 2014
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