All posts by Ifreke Inyang

• 
  Akpabio seeks protection for electronic payment platform

  Governor Godswill Akpabio of Akwa Ibom State has advocated measures to protect electronic payment platforms from the activities of fraudsters. He made this call in a keynote address delivered at the third annual conference of the Committee...

  • Posted November 19, 2013
  • 0
• 
  NSE leads Capital Market operators to Global Trading Community Conference

  In line with the Nigerian bourse’s objective to improve the experience of doing business within the Capital Market, the Nigerian Stock Exchange (NSE) as an active member of the Financial Information Exchange (FIX) Protocol Trading Community led...

  • Posted November 18, 2013
  • 0
• 
  Current Account balance declines 26.3% in Q2

  There are indications that a combination of factors including higher import bills and lower export earnings have begun to take their tolls on the nation’s current account balance, which fell by 26.3 per cent in the second...

  • Posted November 18, 2013
  • 0
• 
  CBN moves to block information leakage

  Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, is getting increasingly uncomfortable with the constant leakage of decisions taken at the bank’s board meetings to the public domain, THISDAY can reveal today. An...

  • Posted November 18, 2013
  • 0
• 
  Honeywell invests N10bn in new mills

  Honeywell Flour Mills Plc said it has completed the expansion of its Apapa factory with two additional mills estimated at over N10bn, a statement said on Friday. The Executive Vice-Chairman of the company, Mr. Babatunde Odunayo, said...

  • Posted November 18, 2013
  • 0
• 
  PenCom takes over undercapitalised PFAs

  To save the assets of workers and retirees under the management of the two Pension Fund Administrators that failed to meet the recapitalisation requirement of the National Pension Commission last year, the regulator has taken over the...

  • Posted November 18, 2013
  • 0
• 
  FG raised N544bn bond to finance 2013 budget deficit – DMO

  The Debt Management Office (DMO) on Sunday said that Federal Government raised sovereign bond worth N544.06 billion to fund the 2013 budget deficit. The DMO Director-General, Dr Abraham Nwankwo, disclosed this at the opening of  a two-day...

  • Posted November 18, 2013
  • 0
• 
  Oando’s 9-month pre-tax profit falls to N9.78billion

  Oil marketing and exploration company, Oando Plc says its nine-month pre-tax profit fell 44 per cent to N9.78 billion ($61.44 million), compared with N17.40 billion in the same period a year ago. The company also said, in...

  • Posted November 17, 2013
  • 0
• 
  African mobile subscription to hit 930m in 2019 – Ericsson

  Indications have emerged that mobile subscription in the Sub-Sahara Africa will hit an all-time high of 930 million by 2019, says Ericsson. Out of this number,732 million will come from mobile broadband subscription, mostly in 3G, with...

  • Posted November 17, 2013
  • 0
• 
  Akwa Ibom Food Festival debuts

  Akwa Ibom is fast becoming the state of choice when it comes to high-powered events in the last months of the year. Asides its highly-anticipated Christmas Carol, now a yearly ritual, it is set to host the...

  • Posted November 17, 2013
  • 0