All posts by Ifreke Inyang

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  New capital requirement: “We will not succumb to blackmail” – SEC

  The Securities and Exchange Commission (SEC) on Tuesday said it would not succumb to stockbrokers’ blackmail on the new capital requirements for capital market operators. An authoritative source in SEC, who pleaded anonymity, told a reporter in...

  • Posted March 12, 2014
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  FBN Money Market Fund hits N20billion

  Less than two years after its launch, the FBN Money Market Fund now has over N20 billion in assets under its management. The Fund, managed by FBN Capital Asset Management, is an open ended mutual fund that...

  • Posted March 11, 2014
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  Investors shop for N987.46bn to boost power supply

  Investors in the power sector need at least N987.46bn over the next five years to adequately supply electricity across the country, OKECHUKWU NNODIM writes A total of $6.34bn (N987.46bn) will be required for the next five years by power...

  • Posted March 11, 2014
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  Unilever, Lafarge WAPCO’s directors to decide dividends

  Directors of Unilever Nigeria Plc and Lafarge Cement WAPCO Nigeria Plc will  meet next week to  consider the companies’ corporation actions regarding 2013 financial year. While directors of Lafarge Cement WAPCO will meet on March 18, those...

  • Posted March 11, 2014
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  Access Bank partners Group on oil sector development

  As part of its commitment to the development of the Nigerian economy, Access Bank Plc has gone into partnership with the CWC Group, an international non-governmental organisation renowned for creating opportunities and developing knowledge, to support this...

  • Posted March 11, 2014
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  Sanusi: Analysts predict low subscription to FG bonds

  The uncertainty that have trailed the economy following the suspension of the Central Bank of Nigeria Governor, Mr. Lamido Sanusi, and combined effect of political tension in the country and the recent commencement of quantitative easing by...

  • Posted March 11, 2014
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  Weekly trade: Index slips by 1.53%

  Equity trading on the floor of the Nigerian Stock Exchange closed last week on a negative note with major indicators shedding significant points. For instance, the NSE’s All-Share Index which opened the week at 39,558.89 points fell...

  • Posted March 11, 2014
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  I remain committed to poverty alleviation – Dangote

  The President, Dangote Group, Alhaji Aliko Dangote, has said his recent listing by Forbes magazine as the 23rd richest man in the world will spur him to be more committed to poverty alleviation among Nigerians through job...

  • Posted March 11, 2014
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  Nigerians to own homes with N1.5m – FHA

  Low and middle income earners in the country interested in having their own homes can now do so with N1.5m, the Federal Housing Authority has said. According to the authority, interested Nigerians could have homes delivered to...

  • Posted March 11, 2014
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  Lufthansa launches Premium Economy Class for business travellers

  Europe’s largest airline, Lufthansa, unveiled a new class for the first time in 35 years on the opening day of the largest travel exhibition in the world, the ITB Berlin. The Premium Economy Class bridges the gap...

  • Posted March 10, 2014
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