All posts by Ifreke Inyang

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  Nigeria to witness downturn in crude oil export in 2014 – FG

  Nigeria may witness a drastic fall in the demand for crude oil from the global market in 2014, the federal government has disclosed. This disclosure is contained in Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper...

  • Posted September 22, 2013
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  As Dubai property market rebounds, agents woo Nigerian investors

  The property market in Dubai, is recording an upswing since recovering from the global financial meltdown. Construction work has picked up again and the traffic of interested buyers is increasing at the offices of property agents and...

  • Posted September 22, 2013
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  UBA leads partners for launch of Hello! Nigeria

  United Bank for Africa appears set to strengthen its position as Nigeria’s premium financial services institution following its emergence as the presenting partner for the launch of Hello! Nigeria, the premium magazine franchise, targeting royalty, celebrities and...

  • Posted September 22, 2013
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  NUPENG to begin strike in Akwa Ibom

  Oil and gas workers in Akwa Ibom have given notice to begin an indefinite strike on Monday over plans by Mobil Producing Nigeria Unlimited to sack them. The workers, under the aegis of the Nigeria Union of...

  • Posted September 22, 2013
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  Rivers retools CARNIRIV brand equity to attract investments

  In furtherance of the strategic move by the Rivers State Government to position the state-owned Port Harcourt Carnival (CARNIRIV) as the “world recognisable and reckonable brand,” the state government has again demonstrated the marketability of its cultural brand...

  • Posted September 22, 2013
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  Only 37.4% of private jets in Nigeria registered locally – FAAN

  Coordinating General Manager, Aviation Parastatals, Yakubu Dati, on Thursday lamented the situation where only 52 or 37.4 per cent of private jets operating in Nigeria are registered locally. Dati told newsmen that it was to stop the exploitation...

  • Posted September 21, 2013
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  Jonathan inaugurates SWF Council, calls for accountability

  President Goodluck Jonathan has urged the Nigeria Sovereign Investment Authority to ensure accountability and gain the trust of all stakeholders in the management of the Sovereign Wealth Fund. Jonathan, who was represented by Vice-President Namadi Sambo, made...

  • Posted September 21, 2013
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  Malpractices: DPR threatens to revoke marketers’ licences

  The Department of Petroleum Resources has vowed to introduce more stringent penalties, including revocation of licences of marketers engaged in malpractices in the petroleum product distribution network. The Operations Controller, DPR, Lagos Zone, Mr. Olugbenga Kuku, said...

  • Posted September 21, 2013
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  Investors want smooth transition for PHCN workers

  The core investors who have bought into the Power Holding Company of Nigeria’s successor companies have asked the government to ensure a seamless transition for workers to be sacked when they take over the firms. The core...

  • Posted September 21, 2013
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  Inflation’ll remain at single-digit in 2014 – CBN

  The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, on Thursday said the inflation rate would continue to be in the single-digit band till the end of this year and throughout next year. He also said although...

  • Posted September 21, 2013
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