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All posts by Ifreke Inyang

  • Full text of President Jonathan’s speech at the Economist Magazine’s Nigeria Summit 2013

    OPENING REMARKS BY HIS EXCELLENCY PRESIDENT GOODLUCK EBELE JONATHAN, GCFR, AT THE ECONOMIST MAGAZINE’S NIGERIA SUMMIT ON TUESDAY, 18TH MARCH, 2013. PROTOCOLS 1. It gives me great pleasure, being here at this Summit with you all today, to...

    • Posted March 19, 2013
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  • FG terminates offer of purchase of ALSCON by BFI Group Corporation

    The Bureau of Public Enterprises, BPE, on Tuesday announced the cancellation of the sale of the Aluminium Smelter Company of Nigeria to US-based BFI Group Corporation. A statement by the Head of Public Communications, Chigbo Anichebe, confirmed...

    • Posted March 19, 2013
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  • Akwa Ibom, 5 other states get DMO warning on dangerous domestic debt profile

    Akwa Ibom, Edo, Kwara, Ondo, Plateau and Taraba states have received the Debt Management Office, DMO, warning alerts as their financial health appears to be tottering delicately near the insolvency bar. The debt management agency has categorised...

    • Posted March 19, 2013
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  • FG seeks enhanced economic ties with China

    The Federal Government on Monday called for enhanced economic ties with the Chinese Government. The Minister of Foreign Affairs, Ambassador Olugbenga Ashiru, made the call at a meeting with Mr Zhong Jianhua, Special Representative, African Affairs for...

    • Posted March 19, 2013
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  • Nigeria to formulate salary policy in public service – SGF

    The Federal Government on Tuesday in Abuja said it would formulate a pay policy to guide payment of remunerations in the public service. The Secretary to the Government of the Federation (SGF), Pius Anyim, made the announcement...

    • Posted March 19, 2013
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  • Airtel alleged illegal lottery: Court joins NCC as defendant

    A Federal High Court in Lagos has joined the Nigerian Communications Commission, NCC, as a defendant in a suit seeking to revoke the operating licence of Airtel Nigeria Limited for allegedly operating an illegal lottery. Trial judge,...

    • Posted March 19, 2013
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  • Reps frustrate NNPC’s effort to cover finances of 16 subsidiaries

    The House of Representatives, yesterday, frustrated efforts by Nigerian National Petroleum Corporation, NNPC, to cover the financial records of its 16 subsidiaries. This was disclosed by Chairman of the House Committee on Finance, Abdulmumuni Jibrin, during an...

    • Posted March 19, 2013
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  • Dana Airline resumes operations

    The Minister of Aviation, Stella Oduah, on Monday disclosed that the suspension placed on Dana airline operation has been lifted and that the company can resume flights immediately. In a statement released by her Special Assistant on Media, Joe...

    • Posted March 19, 2013
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  • NCC says telecommunication investment has hit $25billion

    Investment in the telecommunication industry is in the region of $25billion, the Nigerian Communications Commission said at the weekend. The NCC DG Dr. Eugene Juwah, added that there are over 113million telephone lines, compared with about 450,000...

    • Posted March 18, 2013
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  • Brokers to pay N2.5m for revoked licence

    NATIONAL Insurance Commission (NAICOM) has warned that any broker that loses its licence as a result of infraction would be asked to pay a penalty of N2.5 million. The Commissioner for Insurance, Fola Daniel, made this known...

    • Posted March 18, 2013
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