All posts by Ifreke Inyang

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  House of the Week: N200M Six Bedroom Duplex for sale at Asokoro, Abuja

  Our property of the week is this 6 Bedroom duplex located at Asokoro, Abuja. Set on 3 floors, a groundfloor, first floor and a pent floor, this home is very spaceous with large and exquisitely finished rooms. ...

  • Posted December 14, 2012
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  Court orders AMCON to re-open Capital Oil’s facilities

  Justice Abdul Kafarati of a Federal High Court, Abuja has ordered the Asset Management Company of Nigeria (AMCON) to re-open the facilities of Capital Oil and Gas Limited to allow it resume business activities. In doing so,...

  • Posted December 13, 2012
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  Ifeanyi Uba’s Capital Oil re-opens, AMCON takes over operations

  ASSET Asset Management Corporation of Nigeria, AMCON, has stepped into embattled Capital Oil and Gas Limited, taking over its financial operations. The move came after AMCON management met Friday with Mr Ifeanyi Patrick Ubah with both parties...

  • Posted November 25, 2012
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  NLC warns Jonathan against total removal of fuel subsidy

  The Nigeria Labour Congress has warned the Federal Government against any planned move to add the price of petroleum products in the country. In a statement on Friday, the NLC President, Mr. Abdulwahed Omar cautioned that any...

  • Posted November 17, 2012
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  President Jonathan assigns N178bn to agencies proposed for closure

  The recommendations of the Oronsaye Committee on a manageable Civil Service might have been dumped because the federal government has granted full budgetary allocations to departments and agencies in the 2013 fiscal year, against the recommendations of...

  • Posted November 17, 2012
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  Task Force stops N24bn fraud attempt in PHCN

  The Presidential Task Force on Power yesterday uncovered a plan in Power Holding Company of Nigeria (PHCN) branch in Lagos to defraud the Federal Government of over N24 billion. The task force sealed the PHCN store located...

  • Posted November 17, 2012
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  Windows 8 unveiled in Lagos

  The Windows 8 product, regarded as a breakthrough in computer operating systems for its unique features was unveiled to its customers and partners in Nigeria. The unveiling was done in Lagos at a high profile open door...

  • Posted November 17, 2012
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  Apple reportedly manufacturing iPhone 5s already

  It may have only been on sale for weeks, but online rumours claim Apple is about to begin making the successor to the iPhone 5, believed to be called the iPhone 5S. A Chinese site claims the...

  • Posted November 14, 2012
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  Central Bank cancels N100 charge on use of other banks’ ATM

  Users of Automated Teller Machines will no longerpay N100 on withdrawals whenever they use banks other than theirs, the Central Bank of Nigeria said on Tuesday. The decision was taken at the end of a meeting inAbuja...

  • Posted November 13, 2012
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  Cold war in President Jonathan’s cabinet over subsidy probe

  Investigations have revealed that the ongoing probe by the EFCC has caused a division in the Federal Executive Council (FEC) following the indictment of some oil marketers. Although the procedure is done by the Presidential Committee on...

  • Posted November 10, 2012
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