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All posts by Ifreke Inyang

  • Lekki-Epe road: Stakeholders call for commission of enquiry

    Amidst the controversy surrounding the buyback of the concession rights of the Lekki-Epe Expressway by the Lagos State Government, stakeholders have called for an independent commission of enquiry to probe the deal. The stakeholders, who spoke to...

    • Posted September 24, 2013
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  • Nigeria will soon be exporting cement to neighbouring states – Idris

    Alhaji Shuaibu Idris is an erstwhile governorship aspirant in Kaduna State under the Peoples Democratic Party (PDP), Council member, Kaduna State University, former Deputy Managing Director and acting MD/CEO, Dangote Flour Mills, serving Board member Mainstreet Bank...

    • Posted September 24, 2013
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  • Arsenal reveal £30m drop in profits in latest financial results

    Arsenal have announced their 2012-13 financial results, revealing a £30 million drop in pre-tax profits from their 2011-12 figures. The Gunners’ group profit amounted to £6.7m for the year-ending May 31, 2013 – while their pre-tax profit...

    • Posted September 23, 2013
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  • Shippers Council moves to tackle Tin Can Ports logjam

    Worried by increasing congestion, allegations of arbitrary charges by terminal operators and delay in goods delivery at the Tin Can Island port, the Nigerian Shippers Council (NSC) has intervened  in a bid to find a lasting solution...

    • Posted September 23, 2013
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  • Insurance sector can enhance economic growth — NAICOM

    The National Insurance Commission, NAICOM, has said that the country is much likely to attain a sustained economic growth and development if it can adapt its insurance industry with innovative ways that will bring on board the...

    • Posted September 23, 2013
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  • Power investors decry equipment vandalism

    Equipment vandalism, which has continued to plague power distribution in the country, is showing no sign of abating and experts have warned that new investors in the 10 distribution companies across the country are facing the challenge....

    • Posted September 23, 2013
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  • Airtel named most Innovative telecoms operator

    Leading Telecoms services provider, Airtel Nigeria, has been named the Most Innovative Telecoms Operator in Nigeria at an Industry Award’s event that attracted regulators, telecoms pundits, top politicians and seasoned journalists. Chaired by Nigeria’s former Vice President,...

    • Posted September 23, 2013
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  • Foreign investments in stock exchange hit N676bn

    The total amount invested by foreign investors in the Nigerian securities between January and July 2013 stood at N676bn. This amount comprises the inflows and outflows of Foreign Portfolio Investments for the period under review. Investigations by...

    • Posted September 23, 2013
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  • Honeywell Flour to pay N1.3b dividend

    The Board of Directors of Honeywell Flour Mills (HFM) has recommended the payment of N1.3billion as dividend for the year-ended March 31, 2013. The dividend, which translates to 16 kobo per share, is one kobo higher than...

    • Posted September 23, 2013
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  • SON boss decries Nigerians’ taste for sub-standard products

    The Director General of Standards Organisation of Nigeria (SON), Dr. Joseph Odumodu, has said sub-standard products might remain in the Nigerian market because manufacturers earn huge turn-over from substandard products. The director-general who was represented by his...

    • Posted September 23, 2013
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