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All posts by Ifreke Inyang

  • Proposed Development Bank opens floodgate of DFIs into Nigeria

    Strong indications emerged at the weekend that the proposed Development Bank of Nigeria, a financial institution designed to fill the lending gap in the country, has triggered a fresh scramble for Nigeria by Development Finance Institutions (DFIs)...

    • Posted October 20, 2014
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  • Manufacturers seek own bank

    Owing to difficulties in accessing credit facilities, some members of the Manufacturers Association of Nigeria have called on MAN to establish a bank that will be run by the association. The call was made by a manufacturer,...

    • Posted October 20, 2014
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  • Nigeria imports 80% of polymers — PIN

    About 80 per cent of the various polymers used in the country are imported, first President, Polymer Institute of Nigeria, Chief Kunle Ogunade, has said. Ogunade, who stressed the need to develop this industry in the country,...

    • Posted October 20, 2014
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  • Analysts say revenue target still realistic despite decline in oil output

    The nation’s oil output may be on the decline, economic analysts, who weighed various scenarios likely to play out in the last quarter of the year, insisted that it is possible for the federal government to achieve...

    • Posted October 20, 2014
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  • Automation is key to Ports efficiency – Bello:

    Mr. Hassan Bello is the Executive Secretary/CEO of the Nigerian Shippers’ Council. In this interview with Tokunbo Adedoja, he speaks on the activities of the council since it was appointed as the economic regulator of Nigerian ports,...

    • Posted October 20, 2014
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  • NSE committed to improving corporate governance – Onyema

    The Chief Executive Officer, Nigerian Stock Exchange, Mr. Oscar Onyema, has said the Exchange is fully committed to furthering good corporate governance among listed companies. Onyema was quoted in a statement by the Exchange as saying this...

    • Posted October 19, 2014
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  • Vodacom introduces fixed telephony solutions in Nigeria

    Vodacom has introduced enterprise-grade fixed telephony solutions in Nigeria. According to Vodacom Business Nigeria, the solutions are for Nigerian businesses and are specifically designed to give superior and cost-effective voice services. The company introduced two new solutions...

    • Posted October 19, 2014
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  • NAC signs MoU with Wesbank SA to finance Nigeria assembled vehicles purchase

    Prospective buyers of motor vehicles assembled in Nigeria would now have financial backing from WesBank, a division of FirstRand Bank Limited of South Africa. This stems from a Memorandum of Understanding (MOU) Wesbank signed recently with the...

    • Posted October 19, 2014
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  • Niger Delta Groups accuse Shell of unfair practices, threaten action

    Some Niger Delta groups have raised the alarm that peace may once more become elusive in the area unless the federal government moved in to check plots to shunt their people out of oil businesses. In an...

    • Posted October 19, 2014
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  • Intervention fund: BOI rewards 10, blacklists 24 companies

    The Bank of Industry has established a hall of fame for 10 companies for repaying their loans while placing 24 other defaulting companies on its black list. The Managing Director and Chief Executive Officer of the bank,...

    • Posted October 19, 2014
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