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All posts by Ifreke Inyang

  • Nigeria, South Africa account for 95% of Africa’s investment

    Nigeria and South Africa accounted for 95 per cent of total portfolio investment of $20.15 billion (N3.204 trillion) recorded in the African continent in 2012, according to the African Development Bank, AfDB. The AfDB in its annual...

    • Posted May 28, 2013
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  • Dana crash victims yet to get full compensation

    DANA Air, Monday, said the process for compensating relatives of victims of its aircraft that crashed a year ago at Iju-Shaga, Lagos, was being delayed by problem  of securing grant of probate, otherwise known as letter of...

    • Posted May 28, 2013
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  • Nigeria to construct $1.2bn fertilizer plant

    Nigeria is set to make history as plans have been concluded for the foundation laying ceremony of the $1.2 billion world largest gas-to-urea fertilizer plant project. The promoters of the fertilizer plant, Indorama Eleme Petrochemical Plant, said...

    • Posted May 28, 2013
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  • We won’t allow foreign investors to control 80% of GlaxoSmithKline – Igwe

    I want to talk about the takeover of GSK (GlaxoSmithkline), which foreign investors are trying to corner by taking up to about 80 per cent of the shares issued  capital, thereby taking over the company. They made...

    • Posted May 28, 2013
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  • Uduaghan urges traditional rulers to monitor SURE-P projects

    DELTA State governor, Dr. Emmanuel Uduaghan, weekend, called on traditional rulers in the state to assist in monitoring projects on-going in their domains with the Federal Government’s Subsidy, Reinvestment and Empowerment Programme, SURE-P funds, adding that he...

    • Posted May 27, 2013
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  • Substandard products: FG gives manufacturers, importers ultimatum to register products

    The Federal Government has asked manufacturers and importers of all products on sale in the country to register them with the Standard Organisation of Nigeria, SON, before the end of next month. Director General of the Standard...

    • Posted May 27, 2013
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  • Truck owners protest multiple taxation

    Hundreds of  Truck Owners Association in Ogun State, weekend, protested  the alleged multiple taxation leveled against them by   the officials  of  the  state  government  and alleged plan by the government to increase the haulage tax fees. The ...

    • Posted May 27, 2013
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  • FG set to export $10m worth of vegetables

    The Federal Government plans to export fresh vegetables worth $10 million in 2013, Mr. Mike Kanu,  Deputy Director, Horticulture in the Federal Ministry of Agriculture, has said. Kanu said this in Umuahia at the commencement of the...

    • Posted May 27, 2013
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  • FG to begin construction of 700mw Zungeru Hydro Plant

    Work is expected to commence fully on construction of the 700 megawatts (MW) Zungeru Hydroelectric Power Plant, which President Goodluck Jonathan would perform turning of the sod tomorrow. The plant which is expected to be completed in...

    • Posted May 27, 2013
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  • AMCON has delivered – Sanusi

    Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, recently addressed the press on the sidelines of the last meeting of the World Bank and IMF group in Washington DC, USA. He spoke on several issues...

    • Posted May 26, 2013
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