All posts by Ifreke Inyang

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  Experts forecast $234b African mobile market by 2020

  Africa’s vibrant mobile phone market is forecast to increase four fold in size from a value of $60 billion in 2013 to $234 billion by 2020, according to experts at Manifest Mind LLC, a U.S. based research...

  • Posted September 11, 2013
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  Oil spills: Shell, communities negotiate compensation package

  Shell officials on Monday began talks in Port Harcourt with representatives of the Bodo community on compensation and cleanup, five years after one of the worst oil spills in the country’s history, theAssociated Press reported. Some experts say...

  • Posted September 11, 2013
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  External reserves not declining – CBN

  Contrary to the recent drop in the value of the nation’s external reserves, the Central Bank of Nigeria on Monday dismissed claims that the reserves were experiencing sharp decline, adding that the current value of $46bn showed...

  • Posted September 11, 2013
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  PENGASSAN serves strike notice over insecurity

  The Petroleum and Natural Gas Senior Staff Association of Nigeria has threatened to go on strike if the Federal Government does not intervene in the increasing level of insecurity in the Niger Delta. PENGASSAN, which condemned the...

  • Posted September 11, 2013
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  Returns: CAC threatens to deregister 45,000 companies

  The Corporate Affairs Commission has threatened to strike out the names of about 45,000 companies from its registers for failing to file returns since their incorporation. The Registrar-General, CAC, Alhaji Bello Mahmud, was said to have stated...

  • Posted September 11, 2013
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  BPE, NERC discuss power firms’ transfer to investors

  Top officials of the Nigerian Electricity Regulatory Commission and the Bureau of Public Enterprises have met to work out modalities for the transfer of electricity companies carved out of the Power Holding Company of Nigeria to private...

  • Posted September 11, 2013
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  FCMB parleys customers nationwide

  As part of efforts further bond with customers across all segments, First City Monument Bank has started a nationwide customer forum to educate her customers on the recent cashless policies of Central Bank of Nigeria; and to...

  • Posted September 11, 2013
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  More ships visit Nigerian ports despite piracy rating

  Despite the high rating of the country in incident of pirates attack, Nigerian ports has continuously played host to increasing number of foreign vessels, according to data by the Nigerian Port Authority for the first half of...

  • Posted September 10, 2013
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  Oil spills: Shell resumes compensation talks with 15,000

  Talks for multi-million dollars compensation will resume today between lawyers for Royal Dutch Shell and 15,000 villagers of Bodo communities, a part of Ogoniland, in Gokana Local Government Area of Rivers State, in the Niger Delta. Shell...

  • Posted September 10, 2013
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  U.S-based NGO plans to create 10million jobs in Nigeria

  U.S.-based United African Diasporan States (UADS) says it plans to create 10 million jobs in Nigeria within 10 years. The Executive President of the organisation, Prof. Brimmy Olaghere, announced this to the News Agency of Nigeria (NAN) in Abuja...

  • Posted September 10, 2013
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