All posts by Ifreke Inyang

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  Subsidy debt: Marketers threaten to stop petrol importation

  The Major Oil Marketers Association of Nigeria,  whose members comprise Conoil, Forte, MRS, Mobil, Oando and Total, has threatened to stop importation of petrol due to the non-payment of their N40.6bn subsidy claims by the Federal Government....

  • Posted July 15, 2013
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  NLC worries over review, hike in power tariffs

  NIGERIA Labour Congress, NLC, weekend, expressed concern over incessant and exorbitant review of electricity tariff by Federal Government. It called on the government to direct Nigerian Electricity Regulatory Commission, NERC, to  urgently review downward the entire multi-...

  • Posted July 15, 2013
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  “Nigeria loses $100m annually on shipping” – Egesi

  When the cabotage regime came on stream, the intention was to stimulate the development of indigenous capacity in the Nigerian maritime industry. Ten years down the line, many Nigerians are wondering whether the law has actually taken...

  • Posted July 15, 2013
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  Air France partners Airtel Money as a payment option for flight tickets

  Bharti Airtel (“Airtel”), a leading telecommunications services provider with operations in 20 countries across Asia and Africa, has signed a partnership Agreement with Air France which will enable customers to purchase flight tickets from the French airline...

  • Posted July 15, 2013
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  TB share price rises by 2.83% on interim dividend announcement

  Investors swooped on the shares of Guaranty Trust Bank, GTB, last week after the bank said that its Board of Directors will be meeting this week to consider the possibility of paying an interim dividend. GTB had...

  • Posted July 15, 2013
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  Nigerian stocks hit four consecutive days of gains

  What shaped the past week Global Markets This week marked the start of earnings seasons and Global markets, specifically the U.S and European markets, opened the week positive on speculation Global companies will report better-than-forecasted earnings and...

  • Posted July 14, 2013
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  Oke re-elected AAAN president; preaches ethics, professionalism

  Advertising agency owners and other Association of Advertising Agencies of Nigeria (AAAN) stakeholders have been urged to contribute their quota towards the growth and development of the Nigerian advertising industry. Bunmi  Oke was re-elected president of the...

  • Posted July 14, 2013
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  National carrier to begin operations with 50 aircraft

  The federal government and its private investor partners may have concluded that the new national carrier, known as Nigeria One, would start operation with 50 aircraft that would be delivered before the end of next year. Among...

  • Posted July 14, 2013
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  We’ll bridge power investment deficit in Africa – Olugbade

  Dr.  Adesegun  Akin-Olugbade, Executive Director, General Counsel, Africa Finance Corporation in this interview with Moses Nosike of Saturday Vanguard Business speaks on the need for power investment  in Africa. Excerpts: What is the Africa Finance Corporation doing...

  • Posted July 14, 2013
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  NIMASA to allow LNG exports after $475 mln loss

  Nigerian Maritime Administration and Safety Agency, that has blockaded liquefied natural gas exports for three weeks, costing $475 million in revenue, agreed Friday to end its action after resolving a fees dispute, the company said. Nigeria LNG...

  • Posted July 14, 2013
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