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All posts by Ifreke Inyang

  • FG urged to protect telecoms consumers

    In order to harness greater output from the telecommunication industry, the federal government has been advised to design policies to support consumer protection. Lagos-based financial advisory and research firm, the Financial Derivatives Company Limited (FDC), stated this...

    • Posted March 22, 2014
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  • Reps ask CBN to stop trading in naira

    The House of Representatives on Thursday blamed the growing trading in new naira notes on members of staff of the Central Bank of Nigeria. In a resolution in Abuja, the House alleged that there was a cartel...

    • Posted March 22, 2014
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  • GTBank Targets 20% Loan Growth in 2014

    Guaranty Trust Bank Plc (GTBank) expects to increase its loan book between 15 and 20 per cent this year after growth of 29 per cent last year as it seeks opportunities in telecom, oil and gas and...

    • Posted March 22, 2014
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  • Northern Governors to host American investors

    Chairman of Northern Governors’ Forum, Mu’azu Babangida Aliyu of Niger State, will in May lead other northern governors to host an investment summit of visiting American investors eager to solve the  problem of terrorism through massive development ...

    • Posted March 22, 2014
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  • FG wants power firms listed on NSE

    The Minister of Power, Prof. Chinedu Nebo, has said the Federal Government is working to get the privatised power firms listed on the Nigerian Stock Exchange in two-and-a-half years. According to him, getting the companies listed as...

    • Posted March 22, 2014
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  • Fuel scarcity looms over power tussle in IPMAN

    The Independent Petroleum Marketers Association of Nigeria on Friday warned that the tussle for power in the association by a group led by one of its expelled members may lead to disruption in the supply of fuel...

    • Posted March 22, 2014
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  • Pension: Allegation of missing N24bn false, malicious – Okonjo-Iweala

    The Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, has described the allegations by the Chairman of the House of Representatives Committee on Public Accounts, Hon. Solomon Olamilekan that N24bn was missing from...

    • Posted March 22, 2014
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  • FG owes fuel marketers N110bn subsidy claims – IPMAN president

    President of Independent Petroleum Marketers Association of Nigeria, Alhaji Aminu Abdulkadir, has said that the government owed the members N110bn subsidy claims. Abdulkadir also said N41bn was recently paid to IPMAN members, but said that it was...

    • Posted March 22, 2014
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  • Lagos targets 15,000MW electricity by 2020

    The Lagos State Government yesterday said it hopes to raise the daily electricity supply in the state from the current 1,000MW to 15,000MW by 2020. Addressing journalists at the inauguration for the seventh Lagos Economic Summit tagged:...

    • Posted March 21, 2014
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  • NNPC, IOCs decry rising cost of oil and gas projects

    The Nigerian National Petroleum Corporation (NNPC) and the International Oil Companies (IOCs) have decried the high cost of projects in Nigeria’s oil and gas sector, saying the development will “kill” the industry unless the players become efficient...

    • Posted March 21, 2014
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