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All posts by Ifreke Inyang

  • Telecoms subscribers may receive compensation for poor services

    The Nigerian Communications Commission has constituted a committee for the compensation of subscribers by digital mobile operators for poor quality of services. The Director of Consumer Affairs, NCC, Mrs. Maryam Bayi, said this at the NCC Day...

    • Posted October 3, 2014
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  • Lagos to inaugurate 14.3MW power plant

    As part of efforts to augment the power supply being received from the national grid, the Lagos State Government is poised to inaugurate another Independent Power Plant that will ensure constant power supply to a number of...

    • Posted October 3, 2014
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  • FG to increase investment in Transcorp Hilton Hotel

    The Federal Government has said it will increase its investment in Transcorp Hilton Hotel Plc owing to the company’s profitability. The Director-General, Bureau of Public Enterprises, Mr. Benjamin Dikki, dropped the hint while speaking at the public...

    • Posted October 3, 2014
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  • Global Institutional Investors endorse Africa at New York Summit

    Global institutional investors drawn from across the world have rated African markets high and showed increased interest at investing in markets on the continent. The new enthusiasm at doing business in markets on the continent emerged at...

    • Posted October 3, 2014
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  • Keystone Bank inaugurates ATMs for physically challenged customers

    As part of efforts to support Nigeria’s drive for financial inclusion, Keystone Bank Limited yesterday inaugurated an ATM gallery that was built to accommodate physically challenged persons in the society. Speaking at the event, the Executive Director,...

    • Posted October 2, 2014
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  • Equities Market sheds N107bn in September

    The Nigerian equities   shed N107 billion in the month of September which ended yesterday compared to a gain recorded in the August. Although trading at the market in the last two days of the month was positive,...

    • Posted October 2, 2014
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  • International body re-elects Oteh as AMERC chairperson

    The Director-General, Securities and Exchange Commission, Ms. Arunma Oteh, has been returned unopposed as the Chairperson of the African/Middle East Regional Committee of the International Organisation of Securities Commissions. A statement by SEC on Tuesday said the...

    • Posted October 2, 2014
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  • CBN restates commitment to defending the naira

    The Central Bank of Nigeria (CBN) has reiterated its commitment to defending the naira. Deputy Governor (Economic Policy), CBN, Dr. Sarah Alade said this yesterday at the Euromoney Conference held in Lagos yesterday. Alade, who was represented...

    • Posted October 2, 2014
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  • Standard Alliance Life records N4.63bn premium income

    Standard Alliance Life Assurance Limited (SA Life), one of the life specialist insurers, has recorded gross premium income worth N4.63 billion  for the year   ended December 31, 2013. The Chairman of the company,  O’tega Emerhor, who made...

    • Posted October 2, 2014
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  • Shareholders approve Conoil’s N2.78bn dividend

    Shareholders of Conoil Plc on Tuesday approved the N2.78bn dividend proposed by the company for the financial year ended December 31, 2013. The figure, which translates into N4 per share, is 300 per cent higher than the...

    • Posted October 2, 2014
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