All posts by Ifreke Inyang

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  Nigerian insurance lags behind BRIC countries – Agusto & Co

  The Nigerian insurance industry has remained resilient amidst an increasingly competitive domestic market and heightened regulatory oversight, a report has shown. But while the report stated that the industry’s Gross Premium Income (GPI) grew by 19 per...

  • Posted April 4, 2014
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  Airtel now second largest telecoms operator in Nigeria

  Bharti Airtel, the leading global telecommunications services provider with operations in 20 countries across Africa and Asia, has further consolidated its market position in Nigeria, demonstrating return on investment for the company in Africa’s largest operation. Fresh...

  • Posted April 3, 2014
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  FG earmarks $2.9tr for infrastructure

  The Federal Government has developed a 30 year Infrastructure Master Plan with a projected investment outlay of $2.9 trillion. The Supervising Minister of National Planning Ambassador Bashir Yuguda disclosed this at the ongoing 7th Joint Annual Meetings...

  • Posted April 3, 2014
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  Power supply worsened in March – Survey

  Power supply across the federation worsened in the month of March, a survey released on Tuesday by NOIPolls, a notable indigenous survey organisation, revealed. This is coming as private investors in the country’s power assets attributed their...

  • Posted April 3, 2014
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  Financial market dealers seek unification of Forex rates

  Financial markets dealers have called for the unification of the exchange rate markets. They argued that a situation where there are different forex rates in the country also contributes to the perennial volatility in the forex market....

  • Posted April 3, 2014
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  FGN bonds: DMO to raise $1.70bn in Q2 2014

  The Debt Management Office (DMO) has concluded arrangements to raise between N200 billion ($1.21billion) and N280 billion ($1.70billion) from the sale of FGN bonds in Q2 2014, its provisional calendar has revealed. Analysis of the calendar for...

  • Posted April 3, 2014
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  BPE opens negotiation with labour on refineries’ sale

  The Federal Government has opened negotiation with the organised labour on the proposed privatisation of the nation’s four refineries. The Head, Public Communications, Bureau of Public Enterprises, Mr. Chigbo Anichebe, confirmed this in a telephone interview with...

  • Posted April 3, 2014
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  Tariff increase: NCC to sanction telecoms firms

  The Nigerian Communications Commission has warned that severe sanctions await service providers that indulge in illegal increase of tariffs for mobile telephone users across the country. The Executive Commissioner, Stakeholders Management, NCC, Mr. Okechukwu Itanyi, who stated...

  • Posted April 3, 2014
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  FG may ban tax defaulters from travelling abroad

  The Federal Government has said it is working on an arrangement where the presentation of the Tax Clearance Certificate will be made a compulsory requirement for Nigerians who intend to make overseas travels. The Acting Executive Chairman,...

  • Posted April 3, 2014
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  CBN Governor-designate assures Nigerians of vibrant policies

  The Central Bank of Nigeria Governor-designate, Mr Godwin Emefiele, on Wednesday assured Nigerians that the bank would pursue vibrant policies to ensure sustainable economic growth. Emefiele, who said this at the 23rd Annual General Meeting of Zenith...

  • Posted April 3, 2014
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