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All posts by Ifreke Inyang

  • Government must intervene to crash interest rate on mortgages – Experts

    THE rate of poverty in Nigeria is unarguably very high. In fact, the Bureau of Statistics in its latest report, estimates that a whopping 102 million Nigerians fall within the poverty bracket. The question is, how many...

    • Posted April 2, 2013
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  • FG invests N5trillion in 2,500MW power

    The Federal Government in a bid to curtail the epileptic power situation in the country has spent about N5 trillion ($31.45 billion) from 1999 till date. But it has only been able to increase the country’s electricity...

    • Posted April 2, 2013
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  • Oil workers threaten to suspend production over crude oil theft, insecurity

    WORKERS in the nation’s petroleum and gas industry, have expressed concerns over the alarming rate of crude oil theft and pipeline vandalism, saying it should no longer be tolerated The workers, uderthe aegis of Nigeria Union of...

    • Posted April 2, 2013
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  • North records negative business confidence – LCCI

    Business confidence in the northern part of the country has fallen drastically below zero per cent due to the increasing level of insecurity in the region, latest findings by the Lagos Chamber of Commerce and Industry have...

    • Posted April 1, 2013
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  • CBN, stop illegal, excessive bank charges

    THE recent outcry by bank customers over arbitrary charges across the country should move the Central Bank of Nigeria to take strong measures against financial institutions that continue to fleece customers. Not only have some banks simply...

    • Posted April 1, 2013
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  • Aero resumes flight operation after Senate’s intervention

    Aerocontractors Airlines is expected to resume full flight operation today (Monday), 18 days after it suspended it following protests by workers over work conditions. The airline had by the weekend commenced skeletal services, including test and positioning...

    • Posted April 1, 2013
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  • IMF urges transparency in fuel subsidy reform

    The International Monetary Fund (IMF) has said that lack of credibility was largely responsible for the failure of the attempted fuel subsidy reform in the country by the Federal Government. The IMF said in its latest report...

    • Posted April 1, 2013
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  • Survey shows 57% of Nigerians still buy petrol above N97 per litre

    Fifty-seven percent of Nigerians have bought petrol within a range of N100 to N130 per litre, significantly above the official price of N97, the quarterly results of a recent survey by NOI Polls from January to March...

    • Posted April 1, 2013
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  • Private jet owners to fly without operators’ certificate

    The Federal Government is coming up with a new policy that will allow private jet owners to fly without Air Operators Certificate. SUNDAY PUNCH leanrt that the new general aviation policy being put together by the Ministry of...

    • Posted March 31, 2013
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  • Telecoms operators may reject new interconnect rates

    There are indications that telecommunication operators may reject the new set of interconnection rates released by the Nigerian Communications Commission last week. The new interconnection rates for voice services are targeted at bringing down call tariffs. The...

    • Posted March 31, 2013
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