All posts by Ifreke Inyang

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  Dangote embarks on road, immunisation projects

  Dangote Cement Plc, Ibese, has commenced the construction and rehabilitation of concrete roads in fourteen host communities within the Yewaland in Ogun State. Also Dangote Foundation, the Bill & Melinda Gates Foundation and the Kano State Government,...

  • Posted July 18, 2013
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  Interest rates cannot crash to single digit – Sanusi

  GOVERNOR of the  Central Bank of Nigeria, CBN Mallam Sanusi Lamido Sanusi has said there is need to re-visit the re-designing of the Naira to shore up the Nigerian economy. Also, the CBN Governor said the Excess...

  • Posted July 18, 2013
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  Foreign dominance of phone market worries FG

  The Federal Government is worried about the 100 per cent dominance of the mobile phone production and assembly market by foreign companies. As if that is not enough, 78 per cent of the market share of the...

  • Posted July 18, 2013
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  No deadline extension for power firm bidders – BPE

  The 14 preferred bidders for the power firms slated for privatisation will not get any extension for the payment of their bid prices except the National Council on Privatisation so directs, the Bureau of Public Enterprises has...

  • Posted July 18, 2013
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  Sanusi wants naira redesign revisited

  The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, on Wednesday made a case for the revisit of the suspended naira redesigning project earlier proposed by the bank. Sanusi made the case when he appeared...

  • Posted July 18, 2013
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  Jaiz Bank capitalisation hits N13bn

  Jaiz Bank plc, Nigeria’s first non-interest bank has raised its authorized share capital to N13 billion and now has 10 branches after one and a half years of operation. The latest branch which was opened in Kastina...

  • Posted July 18, 2013
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  Mainstreet Bank lauds FG, commits N10bn to agric development

  Executive Director, Corporate and Investment Banking, Mainstreet Bank Limited, Mr. Roger Woodbridge, has commended the Federal Government (FG) for coming up with the Growth Enhancement Scheme (GES), which is designed specifically to provide affordable agricultural inputs like...

  • Posted July 18, 2013
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  Mobil disowns arms-laden tanker

  Mobil Nigeria has denied media reports alleging that an arms-laden tanker intercepted by operatives of the Joint Task Force of the Nigeria Army in Kebbi State bore its logo. The Army had on Saturday announced the interception...

  • Posted July 17, 2013
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  CBN moves to minimise bank customers’ credit risks

  The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has inaugurated a steering committee on financial literacy to help financially excluded individuals to know, understand and access financial products and services at affordable costs. The...

  • Posted July 17, 2013
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  52% Nigerians still buy petrol above N97/L – NOI Poll

  Despite the huge subsidy and petroleum equalisation paid by the Federal Government to enable Nigerians buy petrol at regulated price of N97/litre, the reality is that more than half of Nigerians still buy the product above the...

  • Posted July 17, 2013
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