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All posts by Ifreke Inyang

  • Google confirms online advertising growth in Nigeria

    SEARCH giant, Google Nigeria, has confirmed huge growth in online businesses and advertisement in the country, stressing that more opportunities still lie ahead. According to Google, its new initiative – the Adwords is helping advertisers save lots...

    • Posted May 2, 2013
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  • Military pensioners give FG Monday deadline to pay arrears

    NATIONAL President of  National Association of Military Pensioners, Mr. Benson Eromafuru, yesterday, gave the Federal Government, till May 6, to pay the pension arrears of its members, those of the police and their civilian counterparts. Eromafuru, in...

    • Posted May 2, 2013
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  • FG approves N348bn severance pay for PHCN staff

    Minister of Power, Prof. Chinedu Nebo, yesterday, has said that the Federal Government has approved N348 billion as severance package for Power Holding Company of Nigeria, PHCN, staff. Nebo said this at a briefing in Abuja, adding...

    • Posted May 2, 2013
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  • Nigeria, EU sign N18bn financing agreements

    The European Union on Tuesday signed €89m (about N18bn) financial agreements with the Federal Government to support the country’s health and water programmes as well economic growth. The Secretary, National Planning Commission, Mr. Fidelis Ugbo, signed the...

    • Posted May 1, 2013
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  • FG misappropriated N1.5tn in Special Funds Accounts –Senate

    The Senate on Tuesday considered the report of its Committee on Public Accounts, which detailed how the sum of N1.51tn in the Special Funds Accounts mismanaged by the Federal Government between 2002 and 2012, concluding that poor...

    • Posted May 1, 2013
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  • Reps probe banks, courts over funds of dead Nigerians

    THE House of Representatives, yesterday, passed a resolution to probe delays usually encountered by relatives of deceased Nigerians while attempting  to have access to the funds of their departed loved ones. In order to enable the House...

    • Posted May 1, 2013
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  • Diamond Bank posts N22billion profit

    DIAMOND Bank Plc has grown its profit after tax (PAT) for the 2012 financial year by over 250 per cent to N22.1 billion as against theN13.9 billion loss achieved in 2011. The bank’s profit before tax (PBT)...

    • Posted April 30, 2013
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  • Skye Bank grows first quarter earnings by 25%

    SKYPE Bank Plc has posted gross earnings of N34.7 billion in the first quarter of 2013 against N27.8 billion recorded in the same period of 2012. The performance represents a 25-per cent year on year improvement, just...

    • Posted April 30, 2013
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  • Union Bank’s earnings rise by 33%

    Union Bank of Nigeria Plc has recorded a 33 per cent rise in its gross earnings for the financial year ended December 31, 2012. Its full year results, released to the Nigerian Stock Exchange on Monday, showed...

    • Posted April 30, 2013
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  • Enterprise Bank records N40bn gross earnings

    Enterprise Bank Limited became the first among the bridged banks to make public its financial reports as it revealed that its gross earnings increased significantly to N40.4billion as at December 2012,  compared to the N10.5 billion achieved...

    • Posted April 30, 2013
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