All posts by Ifreke Inyang
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Late account submission: NSE fines 21 companies N28m
The Nigerian Stock Exchange has fined 21 listed companies a total of N28.6m for default filings made between January and this month, investigations by our correspondent have revealed. According to the NSE, the sanctions were imposed on...
- Posted October 25, 2013
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NCAA grounds IRS, Chanchangi Airlines
Less than three weeks after suspending the operations of Dana Air to pave the way for a safety audit of the carrier’s operations, the aviation industry regulator, the Nigerian Civil Aviation Authority, has grounded the operations of...
- Posted October 25, 2013
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Traders seek talks with FG on interest rates, import policies
Traders under the auspices of Traders’ Rights Protection Initiatives have said they want a round table talks with the federal government on various issues affecting trading activities in the country especially on high interest rates and import...
- Posted October 25, 2013
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Fake insurance racketeers defraud insurers of N15bn annually
The Nigerian Insurers Association, NIA, has said that the insurance sector loses over N150 billion yearly to fake vehicle policies racketeers. Director General of the NIA, Mr. Sunday Thomas, who revealed this said that of the over...
- Posted October 24, 2013
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Reps to summon CBN Governor, Finance Minister on devaluation of Naira
The House of Representatives has mandated its committees to invite the Governor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, and the Minister of Finance, Dr Ngozi Okonjo-Iweala, over continuous devaluation of the Naira....
- Posted October 24, 2013
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FG renews partnership with Germany on energy
The Federal Government on Tuesday renewed the Nigeria-German Energy Partnership agreement for the extension of bilateral relation between both countries. The bilateral relation, which resulted from a memorandum of understanding signed by both countries in 2008, was...
- Posted October 24, 2013
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Nigeria, Canada strengthen trade relations
As part of its efforts to boost bilateral relations and opportunities between Nigeria and Canada, the Nigeria Canada Forum, in partnership with the Johnson-Shoyama Graduate School of Public Policy, has held the 2013 Nigeria-Canada Exchange Series. The...
- Posted October 24, 2013
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MEND claims responsibility for fire at Warri refinery
The Warri Refinery and Petrochemical Company, a subsidiary of the Nigerian National Petroleum Corporation, was on Tuesday razed by fire. Our correspondent gathered that the fire, which gutted the topping unit of the 35-year-old refinery, started about...
- Posted October 24, 2013
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Fidelity Bank appoints Nnamdi Okonkwo CEO designate
The Board of Directors of Fidelity Bank Plc, last Monday met to approve a successor to the incumbent Managing Director & Chief Executive Officer, Mr. Reginald Ihejiahi, OFR, who will serve out his 10-year maximum term by...
- Posted October 24, 2013
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Chevron communities benefit from new GMoU projects
Isaac Dorsu is a happy man. His infectious laughter starts from somewhere inside him and then comes out in a throaty roar that makes you laugh along. Ask him the reason for his mirth and he will...
- Posted October 23, 2013