All posts by Ifreke Inyang

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  Fuel scarcity: FG gives marketers 48 hours deadline

  The Pipelines and Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation has 48 hours to end the fuel scarcity being experienced in Lagos and other parts of the country. The Minister of Petroleum Resources,...

  • Posted March 10, 2014
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  Transcorp breaks cycle of no dividend payment with N9billion profit

  One of the issues that will excite shareholders of Transcorp Plc at the March 31 annual general meeting of the company is the historic payment of N1.9billion dividend to shareholders of the company, reports Festus Akanbi From...

  • Posted March 10, 2014
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  External reserves shrink to two-year low as FG’s revenue declines

  Nigeria’s external reserves which have maintained a downward trend since last year fell to a two-year low of $39.725 billion last the week. The current position of the reserves represents a significant decline by $3.78 billion or...

  • Posted March 10, 2014
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  Oando urges FG to check fake lubricants

  Oando Marketing Plc has called on the Federal Government to curb the influx of sub-standard lubricants into the Nigerian market. The Chief Operating Officer of the company, Mrs. Olaposi Williams, was quoted in a statement on Wednesday...

  • Posted March 10, 2014
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  PFAs to invest pension funds in housing

  The Pension Fund Administrators have resolved to invest part of the contributed N4tn pension funds in housing and infrastructure. Already, they have forwarded the request to the regulator of the pension matters, the National Pension Commission, for...

  • Posted March 10, 2014
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  Government will bring down interest rate — Aganga

  he Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, in this interview with IFEANYI ONUBA, speaks on Nigeria’s investment climate, the Sovereign Wealth Fund and why he dumped the private sector for public service You had an impressive...

  • Posted March 10, 2014
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  NNPC stops Nigerian refineries from functioning – Senator

  The Chairman, Senate Committee on Petroleum ( Upstream ), Senator Magnus Abe, has lamented the current fuel scarcity being experienced across the country and accused the Nigerian National Petroleum Corporation of deliberately grounding the activities of the...

  • Posted March 10, 2014
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  Scarcity of lower denomination naira persists

  While Nigerians continue to lament the scarcity of lower denomination naira in the system, Obinna Chima examines the health hazard posed by the dirty currencies largely in circulation in the economy From Lagos to Kano, Anambra, Rivers...

  • Posted March 9, 2014
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  FG, States, LGs may earn $5.8bn from sale of 10 NIPP plants

  A total of about $5,814,002,617 is expected to be earned by the federal, states and local governments of the federation as proceeds from the sale of 10 National Integrated Power Projects (NIPPs) thermal generation plants when the...

  • Posted March 9, 2014
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  June 30 deadline for new number plates still stands – FRSC

  The FRSC Corps Marshal, Mr Osita Chidoka, on Friday said the agency’s June 30 deadline for all motorists to change over to new number plates would not change. The Corps Marshal told newsmen in Uyo, Akwa Ibom...

  • Posted March 9, 2014
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