All posts by Ifreke Inyang

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  FG plans local manufacturing of motor spare parts

  The Federal Government has disclosed plans to begin local manufacturing of auto spare parts. Minister of Mines and Steel Development, Mr. Muhammed Sada, said this at Ota, Ogun State, during the inauguration of a new factory, Sun...

  • Posted April 21, 2013
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  FAAN begins automation of revenue points at airports

  In a bid to boost and ensure transparency in its revenue drive, the Federal Airports Authority of Nigeria (FAAN) will soon begin implementation of the automation of revenue points at all its airports. FAAN’s General Manager, Corporate Communications,...

  • Posted April 20, 2013
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  NDPHC to add 4,200 MW to national grid by December

  The Niger Delta Power Holding Company said it aims to be contributing about 4, 200 mega watts of electricity to the national grid by December. NDPHC, the owners of the National Integrated Power Project, gave the assurance...

  • Posted April 20, 2013
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  Diesel Scam: S-Court declines to reinstate sacked CBN Director

  The Supreme Court, Friday, declined to reinstate a former Assistant Director, Building Engineering Services Department at the Central Bank of Nigeria, CBN, Rasaki Abiola Ekunola, who was dismissed in February 2000 following his alleged complicity in diesel...

  • Posted April 20, 2013
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  Nigeria’s external reserves still above $48billion – Central Bank

  The Central Bank of Nigeria, CBN, yesterday, said Nigeria’s external reserves stood at 48.76 billion dollars (N75.57 trillion) as at April 16. The apex bank disclosed this on its website. According to the CBN, the figure represented...

  • Posted April 19, 2013
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  DANA Airline to re-launch flight operations to Port Harcourt on Monday

  The Management of DANA Airline said on Tuesday that it would resume flight operations to Port-Harcourt, Rivers, on Monday, April 22. This was contained in a statement by its Media Relationship Officer, Samuel Ogbogoro, made available to newsmen. “DANA...

  • Posted April 19, 2013
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  Senators frown on new agencies’ N21billion running cost

  Senators on Thursday raised concerns over the establishment of two federal agencies with a combined annual running cost of N21bn. This followed the consideration of two bills for the establishment of the Nigerian Financial Ombudsman and the...

  • Posted April 19, 2013
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  SEC crippled by zero allocation, can’t pay salaries

  The refusal of the National Assembly to approve the 2013 budgetary allocation of the Securities and Exchange Commission is taking a heavy toll on the finances of the organisation. Investigations by our correspondent on Wednesday showed that...

  • Posted April 19, 2013
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  NUT threatens strike over non payment of minimum wage

  THE Nigerian Union of Teachers, NUT, Thursday, gave notice of the intention of its members to embark on strike from June 1, this year to protest the alleged refusal of 18 state governments in the country to...

  • Posted April 19, 2013
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  Security agencies discover 23 illegal refineries in Anambra

  Security agencies have discovered 23 illegal petroleum refineries in Atani, Ogbaru Local Government Area in Anambra. The Commandant of the Nigerian Security and Civil Defence Corps, NSCDC, in the state, Mr. Michael Ochogwu, announced the discovery in...

  • Posted April 19, 2013
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