All posts by Ifreke Inyang

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  I sympathise with power sector pessimists – Dikki

  The Director General of the Bureau of Public Enterprises (BPE), Benjamin Dikki, has expressed confidence that the handover of Nigeria’s power sector to investors will yield desired results, but extended his sympathy to those who do not...

  • Posted November 10, 2013
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  Osun government pledges support to pig farmers

  The Osun State Government has said it will do everything possible to support farmers to ensure abundant food production in the state. Dele Ogundipe, the Senior Special Assistant to the Governor on Quick Impact Intervention Programme (QIIP), said...

  • Posted November 10, 2013
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  Dana loses N18b to FG shut down

  Barely a month after the Nigerian Civil Aviation Authority (NCAA) suspended the operations of Dana Air for an audit yet to commenced, the airline said it lost $25 million about N18 billion between 2012 when its operations was...

  • Posted November 10, 2013
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  Anglo-Nigeria bilateral trade to hit N2tr by 2014 – Envoy

  British High Commissioner to Nigeria, Andrew Pocock, has projected 80 per cent rise in the value of Anglo-Nigeria mercantile trade by next year to about N2.12 trillion, if ongoing efforts to boost trade between both nations are sustained....

  • Posted November 10, 2013
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  Over 250 million smartphones shipped in Q3 2013

  Over a quarter of a billion smart phones were shipped worldwide in quarter three of 2013 as the market grew 44 per cent year-on-year. The top two vendors, Samsung and Apple, maintained their positions, with market shares...

  • Posted November 10, 2013
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  National Assembly increases oil benchmark to $76.5pb

  A report by the Joint Committees of the National Assembly on Finance and Appropriation which was submitted on the floor of the Senate Thursday has recommended an upward review of the oil benchmark price from $74 per...

  • Posted November 9, 2013
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  FBN Capital reports growth in Nigeria’s PMI readings

  FBN Capital Limited, on Friday, released a report of the results of the seventh monthly reading of the manufacturing Purchasing Manager’s Interest (PMI) for Nigeria, which it gathered in collaboration with NOIPolls Limited. A PMI is an exercise...

  • Posted November 9, 2013
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  CBN defends naira with $18.7bn

  The Central Bank of Nigeria has defended the naira with $18.7bn at the Wholesale Dutch Auction System between April and November 4 in a bid to save the currency, an investigation by our correspondent has shown. Calculations...

  • Posted November 9, 2013
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  FG reviews market rules for privatised power firms

  The Federal Government on Thursday commenced the process for the amendment of the market rules to guide the operations of the privatised power sector and to ensure that the transition electricity market comes into force by March...

  • Posted November 9, 2013
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  Amnesty International accuses Shell of falsifying spill reports

  Amnesty International says it has fresh evidence to show that oil super major, Shell, falsified and manipulated oil spill investigations and documents in Nigeria. The rights group accused the oil company of wrongly reporting the cause and...

  • Posted November 9, 2013
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