All posts by Ifreke Inyang

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  Why Emefiele emerged CBN Governor

  Facts have emerged as to why President Goodluck Jonathan settled for the Zenith Bank Managing Director, Mr. Godwin Emefiele, as the new Governor of Central Bank. Sources said the Zenith Bank CEO was picked as a result...

  • Posted February 24, 2014
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  FG insures police officers with N3.5bn

  The Federal Government has released N3.5bn to life insurance companies as premium for the insurance cover of police officers in the country. According to information made available to SUNDAY PUNCH on Friday by the underwriters, the sum was for...

  • Posted February 24, 2014
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  Edo strategises to access N220bn SMEs fund

  The Edo government is putting some measures in place to enable it to access the N220 billion Small and Medium Enterprises fund instituted by the Federal Government. The Commissioner for Finance, Mr Osagie Inegbedion, made the disclosure...

  • Posted February 24, 2014
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  Power investors are not financially strong — Experts

  Most of the electricity distribution and generation firms that bought the successor companies of the defunct Power Holding Company of Nigeria lack the financial wherewithal to adequately revamp the purchased companies, findings by SUNDAY PUNCH have shown. In separate...

  • Posted February 24, 2014
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  FG assures of crude oil exploration in Chad Basin

  The Federal Government has restated its unwavering commitment to the exploration of crude oil and gas in the Chad Basin inspite of all drawbacks. It said the National Petroleum Investment Management Services (NAPIMS), a subsidiary of the...

  • Posted February 23, 2014
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  UBA Capital promises transparency

  The management of UBA Capital Plc has given an assurance to market operators and investors that it will continue to uphold good corporate governance and transparency in its operations. The Group Chief Executive Officer, UBA Capital, Oluwatoyin...

  • Posted February 23, 2014
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  Sanusi’s suspension: Equities value falls by N353bn

  Equities fell on Friday as investors continued to react negatively to the suspension of the Central Bank of Nigeria Governor, Mallam Lamido Sanusi. The market capitalisation fell by N167bn to close at N12.301tn, bringing the total decline...

  • Posted February 23, 2014
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  Communities donate 1,500 hectares of land for Abia airport

  The Commissioner for Transport in Abia, Mr Ikechukwu Emesobum, on Saturday announced that some communities in the state had donated 1,500 hectares of land for the state airport project. Emesobum said this in an interview with the...

  • Posted February 23, 2014
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  Cassava bread to generate over N240bn for farmers annually

  The Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, has said that the inclusion of cassava flour into bread processing in the country will generate about N240 billion for local farmers annually. He stated this while...

  • Posted February 23, 2014
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  CPAN, CMAN disagree on Nigeria’s cement production status

  CEMENT Producers Association of Nigeria, CPAN, is disputing the claim of  the Cement Manufacturers Association of Nigeria, CMAN, that Nigeria had attained self sufficiency in production of cement. CPAN in a statement by its chairman, Mr. David...

  • Posted February 23, 2014
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