Don't Miss


All posts by Ifreke Inyang

  • Coca-Cola partners Ministry of Agriculture to harness cassava potential

    The Ministry of Agriculture and Rural Development and the Coca-Cola Group have begun discussion on partnership to harness some cassava potential. Kelvin Balogun, the President, Coca-Cola (Central, East and West Africa), told the Minister, Dr Akinwumi Adesina, during a...

    • Posted March 29, 2013
    • 0
  • NEXIM Bank projects $60m for Regional Sealink project

    The Nigerian Export-Import (NEXIM) Bank said on Wednesday that it would execute a 60 million dollar Regional Sealink Project for West and Central Africa. The project, in conjunction with the Federation of West African Chambers of Commerce and Industry...

    • Posted March 28, 2013
    • 0
  • FAAN to introduce automated toll gates

    The Federal Airports Authority of Nigeria (FAAN) will soon introduce automated toll gates in the 22 airports in the country, Mrs Henrietta Yabubu, the Head of Public Affairs, has said. Yabubu, who disclosed this on Tuesday in...

    • Posted March 28, 2013
    • 0
  • Pension Scam: Maina didn’t fly out of the country – Lawyer

    Justice Adamu Bello of the Federal High Court in Abuja, yesterday, issued an order of perpetual injunction restraining the Inspector General of Police, Mr. Mohammed Abubakar, from arresting the embattled Chairman of the disbanded Pension Reform Task...

    • Posted March 28, 2013
    • 0
  • Subsidy scam: EFCC secures order to repatriate funds from UK

    Shrewd Nigerian fuel importers who have hidden stolen money in British banks may soon lick their wounds, as the slush funds may be repatriated to Nigeria on the order of the courts. The Economic and Financial Crimes...

    • Posted March 28, 2013
    • 1
  • Petrobras plans N795bn divestment from Nigerian oil blocks

    Brazilian oil major, Petroleo Brasileiro SA, Petrobras, yesterday, commenced moves to sell off its stake in some Nigerian oil blocks valued at N795 billion ($5 billion). The sale of the oil blocks is expected to bring about...

    • Posted March 27, 2013
    • 0
  • Independent power projects: NDPHC assures on June deadline

    The Niger Delta Power Holding Company Ltd, NDPHC, has assured the public of the commitment of all its stakeholders towards meeting up with the June 2013 deadline for the completion of all the National Independent Power Projects,...

    • Posted March 27, 2013
    • 0
  • Court vacates arrest warrant against sacked pension boss, Maina

    A federal high court sitting in Abuja  Wednesday morning, vacated the arrest warrant issued by Nigerian Senate against the sacked chairman of the Pension Reform Task Team, PRTT, Abdulrasheed Maina. Justice Adamu Bello, in his one hour...

    • Posted March 27, 2013
    • 0
  • FirstBank, UBA, others grant $225m loan facility to Accugas

    A consortium of banks including FCMB Plc, UBA, First Bank, Stanbic IBTC and FBN Capital on Tuesday in Lagos granted a $225 million loan facility to Accugas Limited. Accugas, a wholly owned subsidiary of Seven Energy and...

    • Posted March 27, 2013
    • 0
  • Mainstreet bank in trouble over sacked workers gratuity

    The Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), has given the management of Mainstreet Bank one month ultimatum to pay the gratuity of sacked workers of the bank. This is contained in a...

    • Posted March 27, 2013
    • 0