All posts by Ifreke Inyang

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  NCP yet to decide on TCN sale

  With so much said already about the privatisation of the country’s power infrastructure backbone, Transmission Company of Nigeria, indications have emerged that the National Council on Privatisation has yet to meet on the matter. Without the council...

  • Posted October 10, 2014
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  Nigeria lags behind African counterparts in refining capacity

  Despite its status as Africa’s top crude oil producer and exporter, Nigeria continues to trail other African countries such as Algeria, Egypt, Libya and South Africa in terms of refining capacity. The World Oil and Gas Review...

  • Posted October 10, 2014
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  FPSO project won’t delay affect cost – Samsung

  Samsung Heavy Industries Nigeria Limited has said despite the delay of the in-country facility development of the Egina Floating, Production, Storage and Offloading project, there would not be any change in the overall cost of the project....

  • Posted October 10, 2014
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  NERDC endorses Glo Mobile Tutor software app solution

  The National Education Research and Development Council (NERDC), has commended Globacom for designing Glo Mobile Tutor, which it described as a comprehensive and affordable application software that would revolutionise teaching and learning across primary and secondary schools...

  • Posted October 10, 2014
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  Standard Chartered to hire 1,000 in Nigeria, others

  Standard Chartered is planning to hire at least 1,000 more staff in Nigeria and other parts of Africa in the next couple of years, an increase of more than 10 per cent, even as its expansion elsewhere...

  • Posted October 9, 2014
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  Nigeria has 48 million active Internet users – NITDA

  The country’s active Internet users currently stand at over 48 million, the Director-General, National Information Technology Development Agency, Dr. Peter Jack, has said. A statement issued by NITDA’s Head of Public Affairs, Mrs. Hadiza Umar, in Abuja...

  • Posted October 9, 2014
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  Equities market mood likely to remain calm — Analysts

  Capital markets analysts have said although gains are expected intermittently in the coming weeks, investors are likely going to remain cautious. Analysts at Meristem Securities Limited in their investment guide for the week said the equities outlook...

  • Posted October 9, 2014
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  FG grants N25.8bn waivers, exemptions in five months

  The Federal Government of Nigeria has granted a total of N25.81 billion in waivers and exemptions to several organisations between January and May this year.  The beneficiary organisations include agencies, non-profit institutions and private businesses. A report...

  • Posted October 9, 2014
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  Royal Exchange Group records N806m profit

  Royal Exchange Nigeria Plc has recorded N806.28 million profit from its operations  for the  financial year ended December 31, 2013. Investors’ stake in the company was grown marginally by 8.53 per cent from N8 .32 billion in...

  • Posted October 9, 2014
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  Offshore investments in Nigeria’s Fixed Income Market hit $13.5bn

  The total value of offshore investors’ stake in Nigeria’s fixed income securities as at July 2014 has been put at $13.5 billion. This is largely made up of treasury bills held by the foreign investors. CSL Stockbrokers...

  • Posted October 9, 2014
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