All posts by Ifreke Inyang

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  Glo, SMEDAN to give grants to SMEs

  GLOBACOM says it has concluded plans to provide grants to Small and Medium Enterprises in the country in collaboration with the Small and Medium Enterprises Development Agency of Nigeria. The company’s Head, Corporate Sales, Mr. Kamaldeen Shonibare,...

  • Posted October 7, 2014
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  Commonwealth Finance Ministers to meet on MDGs

  Commonwealth Finance Ministers will meet this Wednesday to explore ways of financing the Post-2015 development agenda at a time many countries are struggling to meet targets for combating poverty and improving livelihoods of millions of their citizens....

  • Posted October 7, 2014
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  N213bn bailout: More banks ready to join power sector financing

  As the power sector investors await the disbursement of the N213 billion interventionist fund announced by the Federal Government last month, amidst the strident call for offshore investment in the Nigerian power sector, there are indications that...

  • Posted October 6, 2014
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  Transcorp’s IPO targets opportunities in Nigeria’s hospitality business

  Amidst the growing interest of international brands in the Nigerian hospitality business, Transcorp Plc’s initial public offering which opened on September 25 promises to give the company an edge in the nation’s hospitality sector, writes Festus Akanbi...

  • Posted October 6, 2014
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  Insurers seek FG’s support to amend tax law

  The Nigerian Insurers Association has urged the Federal Government to waive some sections of the Companies’ Income Tax Act 2007 in order to save the industry from collapse as the law places a heavy tax burden on...

  • Posted October 6, 2014
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  FAAC allocates N1.17tn to SURE-P

  The Federation Accounts Allocation Committee allocated a total sum of N1.17trn to federal and state governments for the implementation of the Subsidy Reinvestment and Empowerment Programme between January 2012 and September 2014. Investigations by our correspondent showed...

  • Posted October 6, 2014
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  Banks’ rights issues elicit confidence in equity market

  Gradually, but steadily, the frenzy for capital raising has begun in banks at a period when investors are regaining their confidence in equity market. For example, Access Bank Plc, like some other banks mindful of the rising...

  • Posted October 6, 2014
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  Dangote projects Africa through ‘CNN Marketplace Africa’

  Pan-African conglomerate, Dangote Group has stepped up efforts at projecting Africa in a positive light to the global community. This it does through partnership and sponsorship of Market Place Africa on the Cable News Network (CNN), a...

  • Posted October 5, 2014
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  Skye Bank wins bid for Mainstreet Bank

  The Asset Management Corporation of Nigeria (AMCON) has announced Skye Bank Plc as the preferred bidder for Mainstreet Bank Limited.   Also, Cedar One Investment Partners Limited was announced the first reserve bidder and Fidelity Bank Plc...

  • Posted October 5, 2014
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  South Africa banks to finance buyers of vehicles assembled in Nigeria

  The federal government is in talks with some banks in South Africa to fund prospective buyers of vehicles assembled in Nigeria. The Director General, National Automotive Council, Aminu Jalal, stated this as one of the several ways...

  • Posted October 5, 2014
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