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All posts by Ifreke Inyang

  • Fuel subsidy removal cruel to the masses – NIM

    The President and Chairman of Council, Nigerian Institute of Management (Chartered), Dr. Nelson Uwaga, said on Wednesday that removing fuel subsidy at the moment would be cruel to the masses. Uwaga, however, said during a courtesy visit...

    • Posted March 21, 2014
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  • Power supply is key to industrial revolution – Nebo

    The Minister of Power, Professor Chinedu Nebo,  has restated the determination of the Federal Government to revolutionalise the nation’s industrial sector by boosting electricity supply, saying power is key to industrial revolution. The minister spoke Thursday in...

    • Posted March 21, 2014
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  • Chinese businessmen to invest $300 billion in Nigeria

    Over twenty investors from the Republic of China who are on a business tour in the country have indicated their readiness to invest about $300 billion to boost Nigeria’s economy. The investors, who held a business forum...

    • Posted March 21, 2014
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  • Honeywell, USTDA to build $3bn gas-based industrial complex

    The Honeywell Group and the United States Trade and Development Agency (USTDA) have partnered to fund a study for the development of a world-class gas-based industrial complex. In a statement Thursday, Honeywell said the initiative, which could...

    • Posted March 21, 2014
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  • 24 investors jostle to buy Enterprise Bank

    At least 24 local and foreign companies are jostling to buy Enterprise Bank Limited after the Asset Management Corporation of Nigeria commenced a process to divest itself of its 100 per cent stake in the bank. The...

    • Posted March 21, 2014
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  • SON may scrap 32.5 cement grade

    Indications emerged on Wednesday that the Standards Organisation of Nigeria may scrap or modify the controversial 32.5 grade of cement, which is currently the lowest grade produced in the country. Over the past few weeks, there have...

    • Posted March 21, 2014
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  • We will stick to deadline on cash-less policy – CBN

    The acting Governor of Central Bank, Dr. Sarah Alade, has said the deadline of July 1 for the implementation of the cash-less policy remains sacrosanct. The  introduction of cash transaction, according to the apex bank, is not...

    • Posted March 21, 2014
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  • FG should formulate good agro-business policies – Ahmed

    The Kwara State Governor, Alhaji Abdulfatah Ahmed has urged the Federal Government to urgently formulate special financial policy that supports development of agro-businesses in the country. Ahmed stated this in his contribution at an Aid and Development...

    • Posted March 21, 2014
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  • Immigration tragedy: NITDA urges youths to explore IT

    The acting Director General, National Information Technology Development Agency, Dr. Ashiru Daura, has urged Nigerian youths to embrace information technology and explore its potential for self-employment and job creation. Daura spoke to newsmen in Abuja on Tuesday...

    • Posted March 20, 2014
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  • Naira volatility threatens single-digit inflation

    The persistent pressure faced by the naira in recent time may destroy the single-digit inflation achieved by the country since last year, a report has stated. The report by Standard Bank’s Emerging Market Strategist, Mr. Samir Gadio...

    • Posted March 20, 2014
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