All posts by Ifreke Inyang

• 
  SIM registration: Subscribers condemn unsolicited messages by operators

  Ten days to the end of the Subscriber Identity Module registration exercise in the country, telecoms subscribers are uncomfortable with the seemingly endless text messages by telecoms companies urging them to either register their SIMs or complete...

  • Posted June 25, 2013
  • 1
• 
  CBN sells $500m to stabilise Naira

  Central Bank of Nigeria, CBN, yesterday sold $500 million at the bi-weekly foreign exchange auction to forestall depreciation of the naira. The amount sold represents 66 percent increase when compared to $300 million sold per previous foreign...

  • Posted June 25, 2013
  • 0
• 
  Small scale industrialists lament high electricity bills

  Members of Small Scale Polythene Industries in Onitsha, Anambra State, have called on President Goodluck Jonathan and governors of the South East to prevail on the Power Holding Company and Nigerian Electricity Regulatory Commission, NERC,  to save...

  • Posted June 25, 2013
  • 0
• 
  Fashola approves construction of 70 new roads

  The Governor of Lagos State, Babatunde Fashola, SAN, has said that 70 more roads will be reconstructed in the state this year. Fashola made this known yesterday, Monday, during a joint courtesy visit by the executive members...

  • Posted June 25, 2013
  • 0
• 
  African Union calls for more investments to promote jobs

  The African Union, AU, has called for more investments to promote job creation, achieve all inclusive growth and eradicate poverty in the continent. Speaking during the 102nd session of the International Labour Conference, ILC, in Geneva, Switzerland,...

  • Posted June 25, 2013
  • 0
• 
  NNPC frets over US shale oil discovery

  The discovery of shale oil by the United States to meet its domestic crude oil needs may adversely affect Nigeria’s revenue. As a result, the Nigerian National Petroleum Corporation has expressed fears, saying the US might go...

  • Posted June 24, 2013
  • 3
• 
  Power cuts worsen as generation drops by 1,598MW

  Power generation in the country dropped by 1,598 megawatts on Sunday, the Transmission Company of Nigeria said. The company explained that the massive load shedding being experienced nationwide was caused by vandalism of two major gas pipelines...

  • Posted June 24, 2013
  • 0
• 
  Union Bank’s shareholders demand better performance

  Shareholders of Union Bank Plc have demanded improved performance from the board and staff of the bank, even as the board promised to address all the problems confronting the bank. At the 44thAnnual General Meeting of the...

  • Posted June 24, 2013
  • 0
• 
  Labour, stakeholders disagree on poaching, bonding in banks

  Organised labour and shareholders have disagreed over the appropriateness of staff poaching and bonding in the banking industry. Under the umbrella of the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, labour maintained that...

  • Posted June 24, 2013
  • 0
• 
  IMI builds integrated power plant

  THE Rivers State Government is to develop  an alternative economy to oil. Chairman of Integrated Medical Industries, IMI, and Commissioner for Health, Dr Sampson Parker, who disclosed this during the first test run of the integrated medical...

  • Posted June 24, 2013
  • 0