All posts by Ifreke Inyang

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  Nigeria needs radical change, not slogans – Oshiomhole

  EDO State Governor Adams Oshiomhole Wednesday insisted that solving Nigeria’s problems required revolutionary agenda and not transformation as is being orchestrated in some quarters. The governor stated this when he received the new leadership of the Edo...

  • Posted February 21, 2013
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  Bankers’ Committee to engage NCC on strengthening cash-less initiative

  THE current challenges facing the smooth operations of cash-less policy of the Central Bank of Nigeria (CBN) may have received the attention of the Bankers’ Committee, as plans have been concluded to engage the Nigerian Communications Commission...

  • Posted February 21, 2013
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  Eleme Petrochemicals secures IFC’s $375m facility

  THE International Finance Corporation (IFC)-a member of the World Bank Group, has approved a $375 million (N59 billion) facility for infrastructure upgrade of Eleme Petrochemical Company’s operations in Rivers State. Already, IFC has signed a loan for...

  • Posted February 21, 2013
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  Aviation workers to begin warning strike on Friday

  Aviation workers, on Wednesday, announced plans to embark on one-day warning strike on February 22, over alleged non-implementation of the new salary structure by the management of the Nigerian Airspace Management Agency (NAMA). The workers are under...

  • Posted February 21, 2013
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  FG pays N384billion entitlements of PHCN staff

  The Federal Government has announced the payment of N384billion for all outstanding entitlements of staff of the Power Holding Company of Nigeria (PHCN). The Minister of Labour, Emeka Wogu who briefed alongside the minster of Power, Chinedu...

  • Posted February 21, 2013
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  PIB: Uncertainties stall Shell’s $30bn investment

  The Country Chair of Shell Companies in Nigeria and Managing Director of the Shell Petroleum Development Company of Nigeria Limited, SPDC, Mr. Mutiu Sunmonu, has said that the non-passage of the Petroleum Industry Bill, PIB, is among...

  • Posted February 21, 2013
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  Power privatization: FG to sign deal with winners soon

  In its efforts  towards boosting the   confidence of investors in the transformation agenda of President Goodluck Jonathan, the Federal Government had assured Nigerians of its willingness to sign all necessary agreements with the bid winners of...

  • Posted February 21, 2013
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  Samsung Galaxy S4 To Launch In March

  “Samsung will announce its next-generation flagship phone, the Galaxy S4, on March 14 online sources have claimed. The Korean electronics giant will reveal the device in New York, claimed Samsung site Sammobile. Several other sources and tech...

  • Posted February 20, 2013
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  Jonathan, Clinton expected in Lagos tomorrow for opening of Eko Atlantic

  The multi billion naira land reclamation project along the Bar Beach coastline called Eko Atlantic City is set to be launched tomorrow. Expected at the launch are the President of the Federal Republic of Nigeria, Dr Goodluck...

  • Posted February 20, 2013
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  AMCON extends repayment period for N1.5trillion debt

  The Asset Management Corporation of Nigeria has restructured a total of N1.5tn loans as part of efforts to recover debts owed it by corporate organisations, our correspondent has gathered. The amount represents an increase of N500bn and...

  • Posted February 20, 2013
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