All posts by Ifreke Inyang

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  DANA Motors takes over Renault franchise, introduces new models

  The Nigerian auto market is becoming more dynamic and competitive in spite of the current challenges with hope of a bright future.  Dana Group of companies, sole marketers of KIA range of vehicles, is already tapping into...

  • Posted November 17, 2013
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  LCCI canvasses 15% tax reduction for manufacturers

  For manufacturers in the country to remain in business under the proposed Common External Tariff of the ECOWAS, corporate taxes must be reduced from the current 30 per cent to 15 per cent, the Lagos Chamber of...

  • Posted November 17, 2013
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  Dangote commends FG on sugar master plan

  The Group Managing Director, Dangote Sugar Refinery Plc, Mr. Graham Clark, has commended the Federal Government on the new sugar master plan saying it has the capacity to put Nigeria on the global sugar map. Clark stated...

  • Posted November 17, 2013
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  Helicopter Business to Generate N96bn for Domestic Airlines

  The Managing Director of Bristow Helicopters, Akin Oni has disclosed that helicopter business in the oil and gas sector would generate between N80 billion and N96 billion in 2014. Speaking to journalists  at aviation safety seminar 2013 ...

  • Posted November 16, 2013
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  SEC promises effective regulation of private equity firms

  As part of efforts to perform its investor protection mandate, the Securities and Exchange Commission (SEC) Thursday promised to effectively regulate the private equity/hedge funds space in line with global best practices. Speaking at a seminar on...

  • Posted November 16, 2013
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  CBN to sell N100bn treasury bills

  The Central Bank of Nigeria (CBN) plans to issue N99.93 billion worth of treasury bills with maturities ranging between three months and one year at its regular debt auction next week Wednesday. The central bank would sell...

  • Posted November 16, 2013
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  2014 budget: Reps, Senate disagree on oil benchmark

  The House of Representatives on Thursday adopted a crude oil benchmark of $79 per barrel for the 2014 budget. This is in sharp contrast to the position of the Senate which pegged it at $76.50 as announced...

  • Posted November 16, 2013
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  Banks move to meet deadline on global certification

  Deposit Money banks have begun moves to meet the 2015 deadline given by the Central Bank of Nigeria for banks to certify their operations in line with the International Standard Organisation’s information security management systems. The Executive...

  • Posted November 16, 2013
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  Oando Foundation wins 2013 Africa Oil & Gas Corporate Social Responsibility Initiative Award

  Oando Foundation, an independent charity, launched by Oando Plc, wins the Corporate Social Responsibility Initiative award at the 2013 Africa Oil & Gas Awards. The prize was given to the Foundation in recognition of its continued commitment...

  • Posted November 16, 2013
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  Union doubts FG’s ability to manage N3.7tn pension fund

  The Nigeria Union of Pensioners (NUP) has expressed displeasure over the alleged plan by the federal government to invest about N3.72 trillion accumulated pension funds domiciled with the National Pension Commission (PenCom) on infrastructure development. The NUP...

  • Posted November 15, 2013
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