All posts by Ifreke Inyang

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  UBA banks on electronic channel to drive financial inclusion policy

  With a commitment to serve and deliver quality services to customers and all its various stakeholders, United Bank for Africa Plc,(UBA) has introduced a diverse range of electronic banking products into the market which include the U-mobile...

  • Posted March 17, 2014
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  Expectations as Alade-led monetary policy committee meets Monday

  There are expectations that when the monetary policy committee meets on Monday and Tuesday, the Sarah Alade-led committee may take some steps to rescue the naira and stabilise foreign exchange market. Although a section of the nation’s...

  • Posted March 17, 2014
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  Manufacturers protest non-payment of grants

  Some manufacturing companies have complained about what they call the lopsidedness in the payment of the Export Expansion Grant. The affected manufacturers said they could be forced to lay off many of their workers if the grant...

  • Posted March 17, 2014
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  NCAA grounds NNPC’s N4bn jet

  Aviation authorities have grounded a N4bn private jet belonging to the Nigerian National Petroleum Corporation, which overshot the Osubi Airport runway in Warri, Delta State, about a year ago. There are also indications that the aircraft with...

  • Posted March 17, 2014
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  NEIMETH International Pharmaceutical set to build facility in Anambra

  Governor Peter Obi of Anambra state has said that  his administration attracted over N51 billion Naira  investment to the State within this first quarter. Governor Obi was speaking while performing ground breaking ceremony of a  Neimeth International...

  • Posted March 16, 2014
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  Microsoft to grow investments in Nigeria, targets SMEs

  Software and devices firm, Microsoft, has said it will grow its investment in skills acquisition, innovation support and provision of Internet access in Nigeria. The firm had already signed a Memorandum of Understanding with the Federal Ministry...

  • Posted March 16, 2014
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  Alade Urges Students to Imbibe Savings Culture

  The acting Governor of the Central Bank of Nigeria (CBN), Dr. Sarah Alade Thursday challenged students to imbibe a savings and investment culture in order to secure their future. Alade, who personally took students of Model Secondary...

  • Posted March 16, 2014
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  External reserves tumble by $5bn in 11 weeks

  The Central Bank of Nigeria’s decision to keep defending the falling naira from the nation’s external reserves has put the reserves in free fall, tumbling by a whopping sum of $5bn in 11 weeks, according to statistics...

  • Posted March 16, 2014
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  Dangote, others to speak at Lagos economic summit

  Two former Presidents–Mikheil Saakashvili of Georgia and Pedro Pires of Cape Verde; and foremost industrialist and President of Dangote Group, Alhaji Aliko Dangote, will be among the local and international speakers at the coming 7th Lagos Economic...

  • Posted March 16, 2014
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  Nigeria lost $12bn to oil theft in 2013 – Shell

  Royal Dutch Shell on Thursday said Nigeria was losing over $1bn monthly to the activities of oil thieves. The oil major said the monthly $1bn oil theft figure was estimated and added that the country might be...

  • Posted March 16, 2014
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