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All posts by Ifreke Inyang

  • 99 ships expected at Lagos ports from June 5 to June 29 – NPA

    The Nigerian Ports Authority (NPA) on Wednesday said that 99 ships, carrying various products, would sail into Lagos ports from June 5 to June 29. This was disclosed by NPA daily publication, “Shipping Position”, released to newsmen in Lagos. The publication said that the ships would...

    • Posted June 9, 2013
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  • Okonjo-Iweala says Nigeria owes $6.67 billion external debt

    The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, yesterday, put the nation’s external debt at $6.67 billion, (about N1.035 trillion). Nigeria spent $8.0429 billion to service debt in 2006 and $10. 1072...

    • Posted June 8, 2013
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  • There are flaws in alcoholic beverage advert regulation – Loremikan

    Shina Loremikan is the National Coordinator, Campaign Against Impunity, and a member of the Consumer Rights Advocacy Network of Nigeria. He is also a member of the Committee for the Defence of Human Rights and immediate past...

    • Posted June 8, 2013
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  • Cable operators accuse NCC of rip-off

    LOCAL investors have accused the Nigerian Communications Commission, NCC, of colluding with foreign broadcast outfits to rip-off the Nigerian economy by not providing a level playing ground between local and foreign competitors. The local investors under the...

    • Posted June 8, 2013
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  • Naira falls to N159, weakest in 10 months

    The Naira fell to its weakest level in almost 10 months on the interbank market on Friday, driven down by strong demand for the dollar by offshore investors exiting the bond market and repatriating dividends, traders said....

    • Posted June 7, 2013
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  • N100bn subsidy debt threatens petrol supply

    The country may soon be thrown into another round of petrol scarcity if the Federal Government does not pay the N100bn subsidy arrears it owes major and independent marketers responsible for 67 per cent of fuel imports...

    • Posted June 7, 2013
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  • MTN replaces 285 expatriates with Nigerian workers

    Leading digital mobile operator, MTN Nigeria Communications Limited, has replaced 285 expatriates with Nigerian workers in a move to save costs and also encourage local content in the company. The Corporate Service Executive, MTN, Mr. Wale Goodluck,...

    • Posted June 7, 2013
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  • Apple enables iPhone users to trade old phones for new

    Apple Inc will start a program this month to allow users to trade their older iPhones for the newest model, Bloomberg cited people familiar with the plan as saying, a first for the company as it prepares...

    • Posted June 7, 2013
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  • FG pledges to pay off PHCN casual staff

    THE Federal Government Thursday promised to pay terminal benefits and gratuity to all staff of Power Holding Company of Nigeria, PHCN, including those on casuals. It also pledged to wage war against casual/contract staff in the banking...

    • Posted June 7, 2013
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  • East-West road to be completed Dec 2014 – FG

    The Federal Government, Thursday, reassured Nigerians, particularly people of the Niger Delta, that the N347 billion East West highway dualisation projects would be completed and deliver by December 2014. Minister of Niger Delta Affairs, Elder Godsday Peter...

    • Posted June 7, 2013
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