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All posts by Ifreke Inyang

  • LCADP targets small scale farmers

    The Lagos State Commercial Agriculture Development Project is set to bring together stakeholders in the sector to brainstorm on the way forward. According to State Project Coordinator, Mr. Kehinde Ogunyinka, the interactive session, will attract over 150...

    • Posted September 15, 2013
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  • NDIC recovers N24.68bn from debtors of failed banks

    The Nigeria Deposit Insurance Corporation said it recovered  in 2012 a cumulative sum of N24.68bn from debtors of Deposit Money Banks that were liquidated by the Central Bank of Nigeria. The N24.68bn represents an increase of N2.42bn...

    • Posted September 14, 2013
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  • Government realised N1tn revenue in July – CBN

    The country realised a total of N1.05tn in federally collected revenue in July, according to the monthly report posted on the Central Bank of Nigeria’s website on Thursday. The amount represents an increase of 33.7 per cent...

    • Posted September 14, 2013
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  • Airtel, Nokia offer opportunity to exchange phones

    Telecommunications service provider, Airtel Nigeria and Nokia, have partnered to provide Nigerians the opportunity to exchange any of their current handsets for one of Nokia’s swank smartphones, the Lumia 520. To qualify for the Airtel/Nokia phone upgrade...

    • Posted September 14, 2013
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  • MDGs funds: Reps threaten to sanction states

    The House of Representatives Committee on Millennium Development Goals on Wednesday in Abuja stated that the attitude of some state governors, who tie down funds meant for the MDGs, constituted a serious threat to the realisation of...

    • Posted September 14, 2013
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  • Bodo residents reject Shell N7.5b ettlement over oil spills

    Negotiations between Shell and Nigerian residents affected by two oil spills in 2008 failed to reach a compensation deal Friday, with residents’ lawyers calling the oil giant’s settlement offer “insulting.” Talks began on Monday in Port Harcourt,...

    • Posted September 14, 2013
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  • ECOWAS bank to understudy BoI on project financing

    The leaders of Economic Community of West African States, ECOWAS Bank for Investment and Development, EBID, Togo, are to understudy Nigeria’s Bank of Industry’s success on project financing. The group said it intends to replicate the success...

    • Posted September 14, 2013
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  • Stockbrokers blame depreciation in shares prices on CRR review

    Stockbrokers in the nation’s capital market have attributed the recent down turn in the market to the review of Cash Reserve Ratio, CRR, by the Central Bank of Nigeria. The CBN had about two months ago reviewed...

    • Posted September 14, 2013
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  • Insurance critical to economic transformation – Oteh

    Director General of Securities and Exchange Commission (SEC) Ms. Arunma Oteh, on Tuesday in Abuja, stressed the importance of micro insurance to transforming the Nigerian economy. Speaking at the International micro insurance conference organised by National Insurance Commission...

    • Posted September 13, 2013
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  • NIMASA blockade: LNG shipment suffers 21% drop at half year

    Liquified Natural Gas (LNG) has recorded the highest commodity export handled in Nigerian ports with a tonnage of 8,462,535 metric tons (MT), according to a half year 2013 commodity analysis of cargoes handled at Nigerian ports, released by...

    • Posted September 13, 2013
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