All posts by Ifreke Inyang

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  Power supply: FG installs three power sub-stations in Lagos

  The Federal Government, Wednesday, gave a boost to power supply in the country with the acquisition and installation of three units of 15 MVA (Megavolt Ampere) injection sub-stations in Lagos. Speaking during the commissioning of the three...

  • Posted February 27, 2013
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  Low-income earners must get 20% of houses – FG

  The Federal Government on Tuesday said that developers of new estates in the country must, henceforth, incorporate between 15 and 20 per cent low-income houses in their projects. This, according to the government, is in line with...

  • Posted February 27, 2013
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  Nationalised banks: AMCON advisers set to submit report

  The financial advisers appointed to value the three nationalised banks preparatory to the exit of the Asset Management Corporation of Nigeria from them and their eventual sale to investors will submit their report later this week. The...

  • Posted February 27, 2013
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  Air passengers are entitled to compensation for flight cancellations, delays – NCAA

  The Nigerian Civil Aviation Authority (NCAA) says air passengers are entitled to compensation from airlines for flight cancellations. Ify Megwa, NCAA’s Acting Director, Consumers Protection Directorate, made the announcement in an interview in Abuja on Tuesday. She...

  • Posted February 27, 2013
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  Key MDAs to work six days in a week from March – Governor Fashola

  Lagos State Government yesterday said from first week of March, it would commence Saturday’s services in some key ministries, departments and agencies, aimed at enhancing efficient and effective service delivery to members of the public. This is...

  • Posted February 27, 2013
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  Closed market: We’re losing N100bn daily – Ladipo traders

  TRADERS in the popular Ladipo auto parts market closed down, yesterday, by Lagos State Government on Monday have started counting their losses, saying they are losing at least N100 billion daily. Traders who spoke to Vanguard yesterday,...

  • Posted February 27, 2013
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  Airtel begins sales of BlackBerry Z10 phones

  One of the leading telecommunications service provider, Airtel Nigeria, has become the first mobile operator in the country to announce the availability of latest BlackBerry Z10 Smartphones in its show rooms across the country. Airtel Customers who...

  • Posted February 26, 2013
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  Food, beverage manufacturers under threat over 60% sugar tariff

  The 60 percent effective tax on imported raw sugar is crippling manufacturers who use the product in their production process, BusinessDay has learnt. Prior to now, duty on imported raw sugar was 5 percent and there were...

  • Posted February 26, 2013
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  Nigeria loses $2.7bn to oil production decline

  Nigeria is estimated to have lost about $2.7 billion or N426 billion from decline in crude oil production in the last quarter of 2012 – October to December, even as it earned $16.075 billion or N2.54 trillion...

  • Posted February 26, 2013
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  Nokia unveils £13 phone that only needs to be charged once a month

  Nokia has unveiled a simple £13 mobile phone that can last for 35 days on a single charge. It is aimed at emerging markets where electricity is rare, but could also be sold as a back-up phone....

  • Posted February 26, 2013
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