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All posts by Ifreke Inyang

  • May & Baker’s gross profit up by 9.2%

    May & Baker Nigeria Plc has reported a 9.2 per cent rise in its gross profit for the year ended December 31, 2013. Its results released to the Nigerian Stock Exchange showed that gross profit which stood...

    • Posted April 6, 2014
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  • NCC blames poor telco services on multiple taxation

    The Nigerian Communications Commission has attributed the problem of poor quality of telecommunication services to multiple taxation and regulations by governments at all levels. Speaking at the commission’s special day at the 25th Enugu International Trade Fair...

    • Posted April 6, 2014
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  • Airport infrastructure still below global standards

    When former Minister of Aviation, Ms. Stella Oduah began the reconstruction of the nation’s airports, there were sighs of relief that these facilities would be brought to global standard. Regrettably, the gains are being reversed by an...

    • Posted April 6, 2014
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  • NUPENG urges Nigerians to disregard IPMAN strike threat

    The National Union of Petroleum and Natural Gas (NUPENG) has urged Nigerians to disregard the threat of strike issued by the former President of Independent Petroleum Marketers Association of Nigeria (IPMAN),Mr. Aminu Abdulkadir, as he does not...

    • Posted April 6, 2014
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  • Ford, Coscharis inaugurate part dealer network

    Ford has taken a step aimed at keeping its vehicles running efficiently on Nigerian roads with the inauguration of    Certified Parts Wholesale Dealer Network. The event held in Lagos courtesy of the Coscharis Motors, is expected to...

    • Posted April 6, 2014
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  • APR diversifies to increase profit

    Africa Prudential Registrars Plc has said that it is making concerted effort to increase its profitability in the coming years. The Managing Director/Chief Executive Officer of the firm, Mr. Peter Asade, stated this on Thursday at the...

    • Posted April 6, 2014
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  • Power Projects: FG gives contractors 60-day ultimatum

    The Federal Government on Friday issued 60 days ultimatum to contractors handling power distribution projects to complete their contracts or be sanctioned. Vice President Namadi Sambo gave the ultimatum at a meeting with the transmission and distribution...

    • Posted April 6, 2014
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  • Bill to revive railways passes second reading

    The Senate on Thursday passed for the second reading, a bill to reposition the Nigerian railway system as a key driver in the transport sector with capacity to create 60,000 jobs. The bill is entitled, ‘An Act...

    • Posted April 6, 2014
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  • Telecoms: Substandard equipment worsens service quality

    The poor quality of services being offered by telecoms firms in the country is not likely to improve anytime soon due to the proliferation of substandard equipment the service providers are using. Investigations by our correspondent revealed...

    • Posted April 6, 2014
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  • 9th Lagos Motor Fair holds in May

    The 9th Lagos Motor Fair/ 3rd Auto parts Expo will feature both foreign and indigenous companies, its organisers have said. Expected at the show are all the big names in the lubricant sector, which the organisers said...

    • Posted April 6, 2014
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