All posts by Ifreke Inyang
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Scarcity of aviation fuel: FG urged to give license to more independent marketers
The Federal Government has been urged to give more license to independent fuel marketers in the aviation industry to allow them import JET A1 otherwise known as aviation fuel as a fast remedy to the problem of ...
- Posted July 30, 2013
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Resourcery, Cisco prescribe video solution to Oil & Gas operations
Resourcery Plc, a systems integrating company and its networking partners, Cisco have advised to oil and gas executives to embrace videon solutions to improve their operations. This advise was given at a one-day business seminar or business...
- Posted July 30, 2013
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FAA orders airlines to remove or inspect Boeing 787 beacons
The U.S. Federal Aviation Administration has instructed airlines to remove or inspect emergency beacons in Boeing Co’s 787 Dreamliners, following a fire earlier this month that was traced to one of the units, made by Honeywell International...
- Posted July 30, 2013
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Obasanjo’s farm to generate 30,000 jobs for Liberians
Liberia’s Minister of Agriculture, Dr Florence Chenoweth, on Sunday said that Obasanjo Farms in Liberia would create about 30,000 job opportunities for the citizens. Chenoweth made the observation during the dedication ceremony of Obasanjo Farms Liberia Incorporated...
- Posted July 30, 2013
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Our roads are now motorable – FERMA boss
Efforts of the Federal Roads Maintenance Agency FERMA, to make Nigerian roads accessible, may have started paying off. This is because power turbines are now being transported by roads, a situation the Managing Director of FERMA, Gabriel...
- Posted July 30, 2013
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UBA, Dangote post increased half-year profit
United Bank for Africa (UBA) says its half-year pre-tax profit rose to N33.24 billion ($207 million), up 9.3 per cent from the same period a year ago. The lender’s gross earnings climbed to 125.98 billion naira during...
- Posted July 29, 2013
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NRC set to repair rail sidelines
The Nigeria Railway Corporation has announced its plan to rehabilitate rail sidelines to enhance the movement of trains and ensure safety of its passengers. The Managing Director of the Corporation, Mr. Adeseyi Sijuwade, made this known in...
- Posted July 29, 2013
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Total increases Technip’s $100m contract for Egina field
Total Upstream Nigeria, a joint venture partner of the Nigeria National Petroleum Corporation, has awarded more contracts to Technip, a French company, in a string of contract awards for the development of the $15bn Egina deep-water field...
- Posted July 29, 2013
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Transcorp, three others seek N32.47bn from capital market
Transnational Incorporated Plc, Sterling Bank Plc and two other listed firms have secured the approval of the Nigerian Stock Exchange to raise about N32.47bn from the capital market. The other two companies, according to information obtained by...
- Posted July 29, 2013
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Manufacturers raise concern over charges on BoI loans
Manufacturers Association of Nigeria, MAN Ikeja branch, has expressed concern over numerous charges their members are made to pay to secure the Bank of Industry, BoI, loans, calling for immediate review and possible reduction. Expressing this position...
- Posted July 29, 2013