All posts by Ifreke Inyang

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  Court asked to stop CBN from implementing N65 ATM charge

  A Federal High Court in Abuja has been urged to restrain the Central Bank of Nigeria (CBN) from further implementing its reintroduced N65 on cash withdrawal from others’ banks’ ATMs. The new CBN Governor, Godwin Emefiele had...

  • Posted October 16, 2014
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  10,000 farmers to benefit from N750m agric loan in Kogi

  No fewer than 10,000 farmers are to benefit from the N750 million agricultural credit loan facilities sourced by the Kogi State Government in collaboration with the Bank of Agriculture (BoA) as part of the agricultural transformation agenda...

  • Posted October 16, 2014
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  NSE serves final delisting notice on Starcomms, others

  The Nigerian Stock Exchange on Tuesday served a final notice of delisting on Starcomms Plc, Afroil Plc, Jos International Breweries Plc and six others for failing to regularise their listing status despite being given three months to...

  • Posted October 16, 2014
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  FCMB partners Dana Motors on Auto Loan Scheme

  First City Monument Bank Limited (FCMB) and Dana Motors Limited yesterday launched the auto alliance scheme. Under the scheme, qualified customers would be able to own a brand new KIA for a low as N47,400 monthly repayment...

  • Posted October 16, 2014
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  Analysts place sell order on Nestle’s shares

  Analysts at FSDH Securities Limited have stated that the  current market price of Nestle Nigeria Plc is highly overvalued stressing that the fair value for Nestle is N660.84 per share.  They have thereof put a sell order...

  • Posted October 16, 2014
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  Electricity distribution firms owe government agencies N14.16bn

  Between November 1, 2013 and July 31, 2014, the privatised electricity distribution companies did not remit N14.16bn to different government agencies as stipulated in by interim market rule. A document obtained by our correspondent from the Nigerian...

  • Posted October 16, 2014
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  Etisalat, others to network with unemployed graduates

  Etisalat has joined the Nigeria Inter-Bank Settlement System Plc, Internet Solutions and several other Information Technology firms to network with new graduates and students at a three-day 2014 I Cee Technology Workshop. A statement on Tuesday described...

  • Posted October 16, 2014
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  Reps to probe $10bn loss to mergers, acquisitions

  The House of Representatives said on Tuesday that it had resolved to conduct a detailed probe of the over $10bn in revenues that the country allegedly lost to the various mergers and acquisitions in the oil and...

  • Posted October 16, 2014
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  FAA advises NCAA on safety oversight

  The Federal Airport Administration of the United States has urged the Nigerian Civil Aviation Authority not to relent in the areas of safety and security of the nation’s aviation industry. The FAA, in a letter signed by...

  • Posted October 16, 2014
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  ALSCON: BPE insists BFIG not entitled to plant

  The Bureau of Public Enterprises (BPE) yesterday refuted media reports that it had handed over the controversial Aluminum Smelter Company of Nigeria (ALSCON) to the BFI Group. In a statement signed by its spokesman, Mr. Chigbo Anichebe,...

  • Posted October 16, 2014
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