All posts by Ifreke Inyang

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  FG begins inspection of local automobile assembly plants

  The federal government has commenced onsite inspection of local automotive assembly plants across the country as part of the implementation plan of the Nigeria Automotive Industry Development Plan. Speaking during the inspection of the Peugeot Automotive Nigeria...

  • Posted February 25, 2014
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  Microfinance has become commercialised — CBN

  The suspended Governor of the Central Bank of Nigeria, CBN, Mallam Lamido Sanusi, has said that microfinancing in the country is commercialised. Meanwhile, he described “women” as a big industry, urging banks to take advantage by initiating...

  • Posted February 25, 2014
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  External reserves may drop below $40bn – Experts

  Indications have emerged that the nation’s external reserves, which stood at $44bn at the beginning of last year, will likely go below the $40bn mark before the end of the first quarter of this year. Experts say...

  • Posted February 25, 2014
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  Private trading floor will enhance stockbroking – CIS

  The Chartered Institute of Stockbrokers has said the construction of a private trading floor in Lagos will encourage professionalism in stockbroking in the country. The Institute said this when members of its council, led by the President,...

  • Posted February 25, 2014
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  Investor confidence dips further after Sanusi’s suspension

  The suspension of Central Bank of Nigeria Governor, Mallam Lamido Sanusi, has created more uncertainty for investors and it will take a while before market stability is achieved, analysts have said. A statement on the decision by...

  • Posted February 25, 2014
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  Nigeria can’t be among top economies in 2020 – Don

  A former Presidential Adviser on Food Security and Spokesman of the Northern Elders Forum, Prof Ango Abdullahi, said on Monday that Nigeria’s quest of being among the 20 largest economies in the world by the year 2020...

  • Posted February 25, 2014
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  Airlines audit will restore confidence in air travel – Akinkuotu

  As the ongoing audit of domestic airlines in Nigeria continues to generate interest, the Director General of the Authority, Captain Fola Akinkuotu believes the exercise will restore passenger confidence in the aviation industry, reports Chinedu Eze There...

  • Posted February 24, 2014
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  House set to probe production of sub-standard cement

  Against the backdrop of allegations that some companiesin the country are producing substandard cement, the House of Representatives has resolved to probe the matter.. The need for the investigation was prompted by an alert from an ensemble...

  • Posted February 24, 2014
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  Volume of mobile payments shoots up by 258.6%

  As the Nigerian banking public grapples with the change of leadership at the Central Bank of Nigeria following the suspension of Mallam Sanusi Lamido Sanusi, latest data from the bank showed a significant rise in the volume...

  • Posted February 24, 2014
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  PIB will increase offshore opportunities — Avuru

  Austin Avuru, MD/CEO Seplat Petroleum Development Company Plc, says the passage of the Petroleum Industry Bill (PIB) will herald a new vista of opportunity in the offshore industry as the introduction of both “fiscal and non-fiscal enablers...

  • Posted February 24, 2014
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