All posts by Ifreke Inyang

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  Minister seeks end to outsourcing of local jobs

  The Minister of Communications Technology, Mrs. Omobola Johnson, on Wednesday called for an end to outsourcing of local operations to foreign companies established outside the country. Johnson said such a practice must end immediately because the local...

  • Posted September 19, 2014
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  NSE poised to developing transparent, liquid stock market – Onyema

  The Chief Executive Officer of the Nigerian Stock Exchange, Oscar Onyema has stated that all of the initiatives his management has put in place in the transformation of the NSE were aimed at developing a more transparent,...

  • Posted September 18, 2014
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  Unilever Nigeria’s target trading price lowered to N39

  Following the rising cost of operation, increase in competition in the market that is telling on Unilever Nigeria Plc’s revenue, analysts at Renaissance Capital have downgraded their rating on the company to “sell from hold” on reduced...

  • Posted September 18, 2014
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  Fuel queues may resurface by weekend

  Queues of motorists at petrol filling stations may resurface at the weekend if the ongoing strike by the Nigerian National Petroleum Corporation branches of the Nigerian Union of Petroleum and Natural Gas Workers and the Petroleum and...

  • Posted September 18, 2014
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  NIPC to assist states stimulate investment

  The Nigerian Investment Promotion Commission on Thursday said it would assist states to stimulate both foreign and domestic direct investments to enable them realize their full economic potentials. The Executive Secretary to the commission, Mrs Saratu Umar...

  • Posted September 18, 2014
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  Naira unchanged on CBN intervention bid

  The naira maintained its Friday’s value of N162.95 to a dollar monday. This was attributed to a request by the Central Bank of Nigeria (CBN) that banks should bid to sell the greenback, in a move to...

  • Posted September 17, 2014
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  Nigerian economy ranked far above its African peers

  Nigeria has been ranked far ahead of its peers on the continent based on the strength of the country’s macroeconomic indicators. A Lagos-based research and financial advisory firm, Renaissance Capital (RenCap), revealed this in its latest report...

  • Posted September 17, 2014
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  FG attracts N896bn private investment to agric sector

  The Federal Government on Monday said that in the last four years, it had attracted total investments of about $5.6bn (N896bn) from private investors to the agriculture sector. The Minister of Agriculture and Rural Development, Dr. Akinwumi...

  • Posted September 17, 2014
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  FG gets $20bn offer for power transmission assets

  The Federal Government is considering offers of more than $20bn for the assets of the Transmission Company of Nigeria as the provision of adequate power continues to pose a challenge. The sale of the TCN may start...

  • Posted September 17, 2014
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  Shell has divested from eight oil fields in five years – Official

  Shell Petroleum Development Company of Nigeria (SPDC) has confirmed that it has divested from eight Oil Mining Leases (OMLs) in Nigeria from 2010 to date. Shell Media Relations Manager, Precious Okolobo, said in Lagos that the SPDC...

  • Posted September 17, 2014
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