All posts by Ifreke Inyang
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Dangote Cement rewards distributors with N800m bonus
For their continued loyalty, the management of Dangote Cement Plc, at the weekend announced an N800 million for distributors across the country, as their sales bonus for 2012. The distributors received sums ranging from N2 million to N60...
- Posted September 17, 2013
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Farmers need grants, not loans – Oke
South West Coordinator of Cassava Stakeholders Association of Nigeria, Otunba Femi Oke, who was sworn in recently as the Lagos State chairman of All Farmers Association of Nigeria (AFAN), speaks with TOSIN ADENIRAN on the recent divestment...
- Posted September 16, 2013
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Nigeria’s GDP may rise after rebasing – Kale
National Bureau of Statistics (NBS) recently commenced a rebasing exercise of the nation’s Gross Domestic Product (GDP) about 23 years after the last exercise. Statistician General, Yemi Kale, explained the import of the exercise to journalists and...
- Posted September 16, 2013
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FG’s mortgage refinancing initiative raises dusts
WHEN the Federal Government, in June, announced that it would launch the newly established Mortgage Refinance Company, MRC, by September, there were mixed feelings across the country. This was not unconnected with the assumption that government may...
- Posted September 16, 2013
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Half year: Stock Exchange transactions hit N1.183tn
The total value of transactions of listed securities on the Nigerian Stock Exchange stood at N1.183tn in the half year report, which ended on June 30, 2013. The amount represents an increase of N673bn or 132 per...
- Posted September 16, 2013
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Govt revenue drops by N443.75bn in seven months
The Federal Government recorded a revenue shortfall of N443.75bn within the first seven months of this year, an analysis of the country’s income profile has revealed. Investigations by our correspondent on Friday showed the federally collected revenue...
- Posted September 16, 2013
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Airtel invests $3.5bn on technology expansion nationwide
The Regional Operations Director, West region of Airtel, Mr. Oluwasegun Macaulay, has disclosed that, as at the end of March this year, the telecoms giant has invested a total sum of $3.5 billion on its technology expansion...
- Posted September 15, 2013
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NISSAN set to unfold growth plan for Nigeria
Stallion NMN, a division of Stallion Motors, in collaboration with Nissan Motor Company and Nissan South Africa, is set to unfold a multimillion naira growth plan for Nissan brand in Nigeria. The event, according to a statement...
- Posted September 15, 2013
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Nigerian ports record 115% growth in 10 years
Nigerian Ports Authority (NPA) says the ports in the country experienced about 115 per cent growth between 2003 and 2012. According to the authority’s half year 2013 report on cargo throughput, it stated that a close examination...
- Posted September 15, 2013
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Etisalat partners 70th Precinct on Nigeria App Summit
Etisalat Nigeria has expressed its desire to partner with 70TH Precinct Limited, organisers of Nigeria App Summit, a mobile application conference aimed at delivering education, entertainment and networking in the country. The telecommunications company in a statement...
- Posted September 15, 2013