All posts by Ifreke Inyang

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  FHA built only 37,000 houses in 40 years – Minister

  Minister of Lands, Housing and Urban Development, Ms Amal Pepple, on Wednesday lamented that the Federal Housing Authority (FHA) built only 37,000 housing units in its 40 years of existence. Speaking at the inauguration of a Steering...

  • Posted July 27, 2013
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  FG pledges improved electricity supply, inaugurates new stations

  The Federal Government on Wednesday restated its determination to improve electricity generation and supply in the country. The Managing Director, Niger Delta Power Holding Company, Mr. Abiodun Olotu, gave the commitment during the inauguration of three National...

  • Posted July 27, 2013
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  No indicted marketer can import fuel – PPPRA

  The Petroleum Products Pricing Regulatory Agency has dismissed reports published on Tuesday by Reuters that indicted marketers were listed among the 40 companies that got allocations for the importation of petrol into the country for the third quarter of...

  • Posted July 26, 2013
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  No accurate data on port facilities in Nigeria – Report

  THERE are indications that Nigeria does not have accurate report on the number of port facilities that currently exit  in the country. The United States Coast Guard  report on Nigeria’s compliance with the International Ship and Ports...

  • Posted July 26, 2013
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  CBN cautions banks over appointment of chief compliance officers

  The Central Bank of Nigeria (CBN) has cautioned banks over appointment of chief compliance officers. In a circular titled, “Statues of Chief Compliance Officers of Banks”, the apex bank frowned at the practice where banks refuse to...

  • Posted July 26, 2013
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  Diamond Bank partners Rivers on wealth creation, poverty reduction

  Diamond Bank Plc  has partnered with the Rivers State government on wealth creation and poverty reduction summit 2013 with the theme “Developing an Effective Comprehensive Framework for Wealth Creation and Poverty Reduction in Rivers State.” The event,...

  • Posted July 26, 2013
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  Heritage Bank offers concessionary funding support to SMEs

  Heritage Bank has offered funding support to small and medium enterprises at concessionary interest rate. Executive Director, Ivory Banking, Heritage Bank, Mary Akpobome, disclosed this during the unveiling of the Heritage Bank SME Clinic in Lagos. Responding...

  • Posted July 26, 2013
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  Senate approves N4.9trn in 2013 budget amendment

  THE drama which had trailed the 2013 budget, following sharp disagreement between the Presidency and the National Assembly, was laid to rest Thursday, as the Senate, in a u-turn, approved a total of N4,987,220,425,601 in the amendment...

  • Posted July 26, 2013
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  “Oil theft impact may last over 20 years” – FG

  The country may not recover from the negative impact of crude oil theft and pipeline vandalism in the next 20 years or more, the Federal Government has said. It also said that the Trans Niger gas pipeline...

  • Posted July 25, 2013
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  FG approves 40 firms for Q3 petrol importation

  The Federal Government has given approval to 40 companies to import 3.4 million tonnes of petrol in the third quarter of the year, according to a report by Reuters. However, it reported that the list of fuel suppliers...

  • Posted July 25, 2013
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