All posts by Ifreke Inyang

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  “Some people are out to kill the aviation sector” – Tukur

  Alhaji Mohammed Tukur is the Assistant Secretary General, Airline Operators of Nigeria (AON). He speaks on the challenges in the aviation sector against the backdrop of the Associated Airlines plane crash that claimed 15 lives. You are...

  • Posted October 14, 2013
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  Ecobank, Fidelity, others sign $7.5bn deal with Total

  Ecobank, Fidelity Bank Plc and six other leading banks in the country  have signed Memorandum of Understanding (MoU) with Total E&P Nigeria Limited and Total Upstream Nigeria Limited on $7.5 billion Nigerian Contractors’ Initiative. The six other...

  • Posted October 14, 2013
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  World Bank to cut extreme poverty by 2030

  The President of the World Bank, Mr. Jim Yong Kim, has announced sweeping changes to make the institution more alive to its goals of ending extreme poverty by 2030, as well as boosting prosperity among the poor...

  • Posted October 14, 2013
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  Sanusi insists on naira for dollar transfers, says he won’t re-visit N5,000 note

  The Governor of the Central Bank of Nigeria, CBN, Malam Sanusi Lamido Sanusi, yesterday, said that Nigerians must accept Naira for dollar transfers. Fielding questions from journalists on the sidelines of the 2013 World Bank/ International Monetary...

  • Posted October 14, 2013
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  Nigeria loses investors to bad trade policy – LCCI

  The director-general of Lagos Chamber of Commerce and Industry, Muda Yusuf, has criticised the approach employed by the Central Bank of Nigeria (CBN) for the disbursement of the N220 billion earmarked for micro, small and medium enterprises...

  • Posted October 14, 2013
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  Standard and Poor rates Nigerian economy ‘stable’ – Okonjo-Iweala

  Standard & Poor (S&P), an American financial services company, has said that the Nigerian economy remains strong with a stable macro-economic outlook, confirming Fitch’s 2012 ratings. Okojon-Iweala, who doubles as the Minister for Finance and the Coordinating...

  • Posted October 13, 2013
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  Only new trucks will access Lagos port next year – NPA

  Management of the Nigerian Ports Authority (NPA) is engaging some private partners that will operate a consolidated truck management system, whereby only new trucks will have access to the seaports from next year. Port manager, Lagos Ports Complex...

  • Posted October 13, 2013
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  GCR rates Ecobank Nigeria A-(NG)

  The Global Credit Ratings (GCR), a rating agency, has upgraded the long-term national scale and affirmed the short term national scale issuer ratings assigned to Ecobank Nigeria to A-(NG) and A2 (NG) respectively. This implies that Ecobank...

  • Posted October 13, 2013
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  UBA partners firm on e-Payment solution

  The United Bank for Africa Plc (UBA) Thursday revealed a new partnership with Netplus Advisory Limited to deploy secured e-payment solution for U-mall, a new e-commerce platform that has been launched in Lagos. U-mall is a revolutionary...

  • Posted October 13, 2013
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  Central Bank sells N132bn treasury bills

  The Central Bank of Nigeria (CBN) sold N131.82 billion worth of treasury bills on Thursday, with maturities ranging between three months and one year with yields broadly flat, compared with the previous auction. According to the Financial...

  • Posted October 13, 2013
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