All posts by Ifreke Inyang

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  Lagos and Abuja listed among top 4 most expensive cities in Africa

  Lagos and Abuja have been listed among the top four cities in Africa with high cost of living, according to an index released by the Economist Intelligence Unit (EIU) on 25 African cities. The key results of...

  • Posted March 16, 2013
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  House of the Week: A stunning N550m seven bedroom duplex for sale at Jabi.

  Our property of the week, is this elegant 7 Bedroom Duplex located at Jabi in Abuja. This stunning duplex with seven rooms, 2 sitting rooms, 2 kitchens with stores, a large dinning, lounge and gym is located...

  • Posted March 15, 2013
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  Governor Akpabio demands greater economic ties among ECOWAS-member states

  Godswill Akpabio, the Governor of  Akwa Ibom State, on Thursday in Uyo, urged ECOWAS to foster greater economic cooperation among member states.  The governor made the appeal while receiving a delegation of the ECOWAS Commission led by...

  • Posted March 15, 2013
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  No going back on privatisation of power sector – FG

  The Federal Government said on Thursday that there was no going back on the decision to privatise the power sector. The Minister of Power, Prof. Chinedu Nebo, said this in a statement by Timothy Oyedeji, Deputy Director/Head...

  • Posted March 15, 2013
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  NSE to launch Issuers’ Portal

  The Nigerian Stock Exchange (NSE) has concluded arrangements to introduce the first ever Issuers’ Portal in the Nigerian Capital Market known as X-Issuer. The new portal is one of  the new regulatory initiatives of the NSE, and...

  • Posted March 15, 2013
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  CBN to cut policy rate to 11% next week – Rewane

  The Central Bank of Nigeria (CBN) will relax its monetary policy by reducing its policy rate to 11 per cent next week when its Monetary Policy Committee (MPC) meets, Bismarck Rewane, Financial Derivative Company has predicted. “Monetary...

  • Posted March 15, 2013
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  Aero Contractors Airline grounded due to strike over ‘recent cost-cutting measures’

  Nigerian airline Aero Contractors Co. said all flights have been grounded until further notice due to staff strikes over cost-cutting measures. Aero management is in talks with unions “to find a quick and amicable resolution,” company spokesman...

  • Posted March 14, 2013
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  PHCN business manager calls for training of marketers to enhance accurate meter reading

  Mr Emmanuel Ilesanmi, PHCN Business Manager in Omu-Ara in Kwara, has suggested intensive training of PHCN marketers to enhance prompt and accurate reading of meters. Ilesanmi made the suggestion at a stakeholders’ forum in Omu-Aran on Wednesday...

  • Posted March 14, 2013
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  Reps mandate committee to investigate N100 ATM monthly maintenance charge

  The House of Representatives on Wednesday in Abuja mandated its Committee on Banking and Currency to investigate the structure and composition of approved bank charges on all accounts in Nigeria. The resolution followed a motion by Rep....

  • Posted March 14, 2013
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  Gains by Julius Berger, PZ, UBA highest among blue-chips in two months

  Share price gains recorded by Julius Berger, PZ Cussons and United Bank for Africa (UBA) in the first two months of the year are the highest amongst the 27 stocks in the blue-chip basket on the floor...

  • Posted March 14, 2013
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