All posts by Ifreke Inyang

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  FG needs N25bn to develop Nigeria’s tourism master plan

  Minister of Culture,Tourism and National Orientation, Chief Edem Duke, said on Tuesday that his ministry required N25bn to effectively develop a befitting tourism master plan for the country. Duke stated this when he appeared before the Senate...

  • Posted March 5, 2014
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  Petrol supply to improve by Thursday — Marketers

  Consumers are expected to get a little reprieve from the current scarcity of Premium Motor Spirit (petrol) from Thursday following the injection of about 100 million litres of the product into the system. The Executive Secretary, Major...

  • Posted March 4, 2014
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  Forbes names Dangote 23rd richest in the world

  Foremost Nigerian industrialist, Aliko Dangote, on Monday made history by becoming the first black man to break into the rank of top 25 richest people in the world. His wealth jumped to $25bn from $16.1bn in 2013,...

  • Posted March 4, 2014
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  Sanusi destroyed our investment in banks — Shareholders

  Shareholders in the country have backed the suspension of the Governor of Central Bank of Nigeria, CBN, Mallam Lamido Sanusi by the Federal Government. They said it was long overdue, as their investment in the banking industry...

  • Posted March 4, 2014
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  We’re ready for US FAA assessment – NCAA

  The Nigerian Civil Aviation Agency says it is ready for a fresh assessment of the nation’s Category 1 certification to be conducted by the United States’ Federal Aviation Authority. The Director-General, NCAA, Capt. Fola Akinkuotu, said the...

  • Posted March 4, 2014
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  FG begins inspection of local automotive assembly plants nationwide

  The Federal Government has begun inspection of local automotive assembly plants across the country as evidence of the implementation  of the Nigeria Automotive Industry Development Plan. Speaking during the inspection of the Peugeot Automotive Nigeria (PAN) car...

  • Posted March 4, 2014
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  Abuja–Kaduna rail to be completed in December — FG

  The Federal Government has assured Nigerians of its commitment to ensure that the Abuja-Kaduna railway is completed by December 2014. The Minister of Transport, Senator Idris Umar who gave the assurance shortly after the inspection of the rail...

  • Posted March 4, 2014
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  Diamond Bank restates commitment to SME growth

  The Head, Micro Small and Medium Scale Enterprises Proposition, Diamond Bank Plc, Mr. Chima Nnandozie, has called on banks to relax the conditions under which they gave out loans to small and medium enterprise businesses. He made...

  • Posted March 4, 2014
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  Fidelity Bank shareholders to get higher dividend

  The newly appointed Managing Director/Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has told the bank’s shareholders to expect higher dividend from their investment. Nnamdi said this at the valedictory dinner organised by the bank...

  • Posted March 4, 2014
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  CBN defends naira with $6.4bn in eight weeks

  In a bid to prevent the naira’s value from crashing, the Central Bank of Nigeria has offered a total of $6.4bn to foreign exchange dealers at its twice-weekly regulated auction in the eight weeks, according to its ...

  • Posted March 4, 2014
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