All posts by Ifreke Inyang

• 
  NLNG/NIMASA face-off: Depots run out of cooking gas

  Major Liquefied Petroleum Gas (cooking gas) depots in Lagos, from where the product is loaded and transferred to other parts of the country, are now empty due to the lack of supply from the Nigerian Liquefied Natural...

  • Posted July 12, 2013
  • 0
• 
  CIBN to deepen competence in banking industry

  President, Chartered Institute of Bankers of Nigeria, CIBN, Mr. Segun Aina, has disclosed that the institute is set to introduce new certification programmes to help deepen competency in Nigeria’s banking industry. He stated this while addressing new...

  • Posted July 12, 2013
  • 0
• 
  Reps to probe Osibodu’s tenure at Union Bank

  DISTURBED by the  alleged unwholesome practices in Union Bank of Nigeria Plc, the House of Representatives, yesterday, mandated its Committee on Banking and Currency to probe operations of the bank during the tenure of Funke Osibodu and...

  • Posted July 11, 2013
  • 0
• 
  Nigeria second to Russia in global gas flaring

  Nigeria, the highest producer of gas in Africa, loses about $1.789 billion or N286.24 billion to gas flaring annually. Mr. George Osahon, Director, Department of Petroleum Resource, DPR, has said. Osahon who was represented by his Deputy...

  • Posted July 11, 2013
  • 0
• 
  EU approves N2.5bn for standardisation in Nigeria

  The European Union has made twelve million Euros (about N2.5 billion) available through United Nations Industrial Development, UNIDO, for the establishment of National Accreditation System in Nigeria.  National Accreditation System is a body that is competent to...

  • Posted July 11, 2013
  • 0
• 
  NSE boss urges stockbrokers to promote ethical conduct

  The Chief Executive Officer of the Nigerian Stock Exchange, NSE, Mr. Oscar Onyema, has charged stockbrokers to enthrone integrity and highest standard of ethical practice in their operation. Onyema, who spoke at the occasion of induction of new members...

  • Posted July 11, 2013
  • 0
• 
  Customers issued N166bn dud cheques in 2012 – CBN

  The Central Bank of Nigeria, CBN, Wednesday, said banks’ customers across the country issue N166 billion worth of dud cheques in 2012. Commonly referred to as bounced or dishonoured cheques, dud cheques are cheques that banks cannot...

  • Posted July 11, 2013
  • 0
• 
  Electricity consumers, NERC disagree on fixed charge increase

  Electricity consumers on Monday complained about the increase in the fixed charges. While some described the development as unnecessary, others called for stable power supply before any increase in charges could be implemented. However, the Nigerian Electricity...

  • Posted July 10, 2013
  • 0
• 
  PPPRA laments domination of Nigeria’s freight sector by foreigners

  The Petroleum Products Pricing Regulatory Agency, PPPRA, has expressed dissatisfaction over foreign ship owners’ domination of Nigeria’s oil maritime and petroleum products freight services. Speaking at the inauguration of two double hulled oil vessels — MT Adeline...

  • Posted July 10, 2013
  • 0
• 
  Labour issues still unresolved in PHCN privatisation

  The National Union of Electricity Employees, NUEE, has refuted claims by the Minister of Power, Prof. Chinedu Nebo that labour issues with the Power Holding Company of Nigeria, PHCN workers has been resolved. The minister was quoted...

  • Posted July 10, 2013
  • 0