Don't Miss


All posts by Ifreke Inyang

  • BBM on iPhones threatens telcos N9.75bn SMS revenue

    The availability of BlackBerry Messenger – the iconic mobile social network previously exclusive to BlackBerry smartphones – on iPhones and Android, is currently posing a huge threat to the short messaging services revenue of telecoms companies in...

    • Posted November 29, 2013
    • 0
  • Profit-taking persists at Stock Market

    The bearish trend continued Tuesday at the stock market for the second day  as investors continued to take profit after days of price rally. Following a bull run that boosted many equities, some investors moved in to...

    • Posted November 28, 2013
    • 0
  • Tax system: Nigeria ranks 170 among 189 nations

    A report by PricewaterHouse Coopers on tax regimes has ranked Nigeria’s tax system 170 out of 189 countries where the study was conducted. The paying taxes 2014 report, which was released on Tuesday in Abuja, said while...

    • Posted November 28, 2013
    • 0
  • Stanbic IBTC Pension Managers harp on pre-retirement planning

    Stanbic IBTC Pension Managers Limited, one of the leading Pension Fund Administrators (PFAs) in the country, has underscored the need for workers to plan ahead of their retirement, saying this is the only way to ensure comfort...

    • Posted November 28, 2013
    • 0
  • Fashola decries weak structure of SMEs

    Lagos State Governor Babatunde Fashola  Tuesday said the poor structure of small and medium scale enterprises (SMEs) in the country was responsible for the inability of the sector to contribute significantly to the growth of the economy....

    • Posted November 28, 2013
    • 0
  • Prepaid meter scheme, a must — FG

    Indications have emerged that the Federal Government will enforce the Credited Advance Payment for Metering Implementation initiated by the Nigerian Electricity Regulatory Commission to close the metering gap and curb ‘crazy billing’ in the power sector. The...

    • Posted November 28, 2013
    • 0
  • CBN to revert to paper banknotes before June 2014

    The Central Bank of Nigeria (CBN) has announced that the country will revert to paper banknotes before June 2014. The move has been described as a policy switch that bucks the growing trend around the world for...

    • Posted November 28, 2013
    • 0
  • NCC targets $25bn investment on broadband infrastructure

    The Nigerian Communications Commission says the National Broadband Plan of the Federal Government can attract over $25bn in Foreign Direct Investment in the next five years. The Executive Vice-Chairman of the commission, Dr. Eugene Juwah, who said...

    • Posted November 27, 2013
    • 0
  • Senate orders NAMA to suspend private jet tax

    The Senate on Monday ordered the Nigerian Airspace Management Agency to suspend the newly introduced $3,000 luxury tax for owners of private jets. The directive came after the Senate Committee on Aviation met with the Airline Operators...

    • Posted November 27, 2013
    • 0
  • ECOWAS countries seek $26bn for regional electricity

    Member countries of the Economic Community of West African States (ECOWAS) are planning to raise about $26.416 billion for the completion of various critical electricity generation and transmission projects under its West African Power Pool (WAPP) framework....

    • Posted November 27, 2013
    • 0