All posts by Ifreke Inyang

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  NLNG to remit N220bn into Federation Account

  THE management of the Nigeria LNG Limited, NLNG, said it will soon remit over N220billion from the 2013 company income tax to the Federation Account. The Managing Director and Chief Executive Officer of the company, Mr. Babs...

  • Posted March 26, 2014
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  Experts split on using reserves to defend Naira

  With the nation’s external reserves falling below its lowest level in eighteen months, economic experts are divided over the policy of using the reserves to defend the naira. A snap poll of foreign exchange dealers and economic...

  • Posted March 25, 2014
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  Interbank rate eases on bond maturity, budget disbursal

  The interbank lending rates fell 8.59 percentage points to an average of 10.41 per cent on Friday, from 19 per cent last week, after a liquidity boost from matured bonds and budget disbursals reached the banking system....

  • Posted March 25, 2014
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  Stakeholders warn Nigeria may lose category one status in aviation

  Stakeholders in the Nigerian Aviation industry have expressed concern over recent developments in the sector of the national economy, warning that urgent steps must be taken to avert the danger of the country losing its Category One ...

  • Posted March 25, 2014
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  NDDC Shops for Partners for East-West Road Construction

  The Niger Delta Development Commission (NDDC) has said it has completed the design of the proposed 704-kilometre East-West Road running from Calabar to Lagos and was now looking for partners for the execution of the project. Chairman...

  • Posted March 25, 2014
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  Government, private sector neglect our services – NigComSat

  In spite of the robust services available on the Nigerian Communications Satellite in terms of bandwidth, the trend of government institutions and the private sector sourcing their satellite bandwidth requirements from foreign satellite operators have continued to...

  • Posted March 25, 2014
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  NCC moves to protect telecoms subscribers’ interests

  Subscribers in the country’s telecommunications sector may be in for a good time as plans are underway to review the existing laws to accommodate new challenges confronting the industry. To achieve fair competition and consumer quality experience...

  • Posted March 25, 2014
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  FCMB commences operations in UK

  First City Monument Bank Limited says it has commenced commercial banking operations at its London subsidiary, FCMB (United Kingdom) Limited. The bank said the development followed approval by the regulatory authorities in late 2013 to begin wholesale...

  • Posted March 25, 2014
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  Ikeja Disco to install 115 transformers in April

  The Ikeja Electricity Distribution Company has embarked on the installation of transformers in areas under its purview, with a promise to inject 115 transformers into the system in the next one month. The Managing Director/Chief Executive Officer,...

  • Posted March 25, 2014
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  Insurers responsive to victims of security incidents – NAICOM

  Families of police victims of the security situation in the country, particularly in the North, have not really felt the impact of loss of loved ones because insurance have been responsive to their plight. Commissioner for Insurance,...

  • Posted March 25, 2014
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