All posts by Ifreke Inyang

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  Nigeria spends N600bn on vehicles importation annually – NAC

  The Director-General, National Automotive Council (NAC), Mr Aminu Jalal, has disclosed that Nigerians spend about N600 billion annually on import of vehicles. Jalal told newsmen in Abuja that about 50,000 new and 150,000 used vehicles were imported into the country yearly. “Nigerians...

  • Posted June 24, 2013
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  Insurers need to be vocal on national issues — Lawal

  Managing Director, Sterling Assurance Nigeria Limited, Mr. Fatai Lawal, has just emerged as President, Chartered Insurance Institute of Nigeria. He spoke with NIKE POPOOLA on how to make insurance more relevant to the economy Many years ago, did you ever...

  • Posted June 23, 2013
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  We’ll continue to invest in Nigeria — Turkish ambassador

  The Turkish ambassador to Nigeria, Mr. Mustafa Pulat, has said despite the security challenge in the country, his home country and investors will continue to invest in Nigeria. He said in a statement obtained on Friday that...

  • Posted June 23, 2013
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  NSE fines Julius Berger, Costain, others for defaulting

  The Nigerian Stock Exchange has imposed a fine of N14.8m on Julius Berger Nigeria Plc, Costain (West Africa) Plc and six other quoted companies for various infractions. The information obtained by our correspondent from the NSE’s X...

  • Posted June 23, 2013
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  Shell, LIMGE join forces against fire in Lagos

  In a rare collaboration, Shell Nigeria Exploration Company (SNECO) and Lagos Island Millenium Group on the Environment (LIMGE) are joining forces to end fire disasters in Lagos. Consequently the soft launch of Ajele Fire Station in the...

  • Posted June 23, 2013
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  NNPC to tackle environmental degradation

  Nigerian National Petroleum Corporation, NNPC, has tasked its staff to imbibe self-consciousness and the spirit of preservation and friendliness toward the environment across the country as part of measures to prevent environmental degradation. The corporation, under leadership...

  • Posted June 23, 2013
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  FCTA to build 14 rail stations

  Preparatory to the inauguration of the Abuja Rail Project, the FCT Administration will soon perform the ground breaking for 14 rail stations across the Federal Capital Territory and some satellite towns. The Minister of the Federal Capital...

  • Posted June 22, 2013
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  Cash-less policy will stop kidnapping – CBN

  Kidnapping, which has become a menace in Anambra State, is one of the evils that the cash-less policy will eliminate, the Deputy Governor, Central Bank of Nigeria, Mr. Tunde Lemo, said on Thursday in Awka. Lemo, who...

  • Posted June 22, 2013
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  NAFDAC uncovers illegal cosmetics factory in Lagos

  National Agency for Food and Drug Administration and Control, NAFDAC, Friday uncovered an illegal cosmetics manufacturing factory that specialises in producing fast moving cosmetics, particularly, complexion creams. The factory which was originally licensed by NAFDAC to manufacture...

  • Posted June 22, 2013
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  Nigeria is a better country for forex trading – Igwe

  The partnership between Mr. Oyeleke Toye of Cyber Konsult Ltd and its foreign partner,  Mr. Ildar Nailevich, gave birth to InstaForex in Nigeria, a forex trading  company aimed at enlightening Nigerians on the techniques and success of...

  • Posted June 22, 2013
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