All posts by Ifreke Inyang
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Nigeria needs N2tn to address mortgage problems – Chike-Obi
The Federal Government may not achieve much with its N100bn initial capital for the Nigeria Mortgage Refinance Company, which was inaugurated by President Goodluck Jonathan last year. The Managing Director, Asset Management Corporation of Nigeria, Mr. Mustafa...
- Posted March 4, 2014
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Retirees allege fraud in CBN Pensions
AS the financial services sector comes to terms with sudden suspension of Central Bank Governor, Mallam Sanusi Lamido Sanusi, retirees of the apex bank, Saturday, alleged that their February entitlements were slashed by15 per cent. Member of...
- Posted March 3, 2014
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SMEDAN, NSE team up to produce more entrepreneurs
The Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) Alhaji Bature Umar Masari, has expressed the determination of the agency to team up with the Nigeria Society of Engineers (NSE) in order...
- Posted March 3, 2014
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Depletion of foreign reserves increases pressure on naira
As the nation’s foreign reserves fell to $40.406 billion last Thursday, economic affairs commentators warned at the weekend that Nigeria is getting to a stage when it may have to make a choice between a depleted foreign...
- Posted March 3, 2014
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Marketers await arrival of fuel cargoes this week to end scarcity
Some independent marketers of Premium Motor Spirit (PMS), otherwise called petrol, are selling the products above the official pump price and ex-depot price as queues in filling stations across the country worsen, THISDAY has gathered. However, the...
- Posted March 3, 2014
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NEPC canvasses companies’ involvement in export
The Nigerian Export Promotion Council has urged companies with the Nigerian Industrial Standard certification to get involved in export, saying that the acceptance of locally made products has increased in the foreign markets. NEPC stated that about...
- Posted March 3, 2014
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FG gives power firms tariff conditions
The proposal for an upward review of electricity tariff by power investors will only be granted after they have satisfactorily met certain conditions, including the provision of sufficient pre-paid meters for consumers, the Federal Government has said....
- Posted March 3, 2014
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Ekiti partners firm on tourism development
The Ekiti State Government in collaboration with Centre Stage Communications Limited has expressed its readiness to improve tourism in the state in line with the public-private partnership policy. The Managing Director, CSC, Dr. Richie Adewusi, in an...
- Posted March 3, 2014
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Nigerian businesses to feature in Cannes Festival
Organisers of the Young Lions Competition in Nigeria and representatives of Cannes Lions International Festival of Creativity, CHINI Productions, have said that Nigerian businesses would feature prominently in Cannes Festival this year. The company also released the list...
- Posted March 2, 2014
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Eko DISCO to invest $42b in five years to stabilize power delivery
Eko Electricity Distribution Company of Nigeria Plc, Lagos, on Thursday, said it is determined to stabilise power supply in its area of operation, with plans to invest over $42 billion in infrastructure over the next five years as...
- Posted March 2, 2014