All posts by Ifreke Inyang
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Shakeup in NNPC: Key officials redeployed to Port Harcourt and Warri refineries
The Nigerian National Petroleum Corporation (NNPC) has redeployed some key officials in a shakeup meant to achieve a new strategic fit for the state-owned oil giant. The corporation also appointed new helmsmen for Port Harcourt and Warri...
- Posted October 30, 2012
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Samsung begins construction of second Engineering Academy in Ekiti
Samsung Electronics West Africa, has commenced the construction of its second Engineering Academy in Ado-Ekiti, Ekiti State, in line with its commitment to the development of Nigeria’s information technology sector. Inaugurated in South Africa in March 2011,...
- Posted October 30, 2012
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FG re-opens Third Mainland Bridge one week ahead of schedule
The Federal Government will today (Tuesday) reopen the Third Mainland Bridge, Lagos, one week ahead of the scheduled delivery date of November 6, 2012. The government had partially closed the bridge on July 7 to enable the...
- Posted October 30, 2012
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Privatisation of PHCN: Peterside announces successful bidders
Another milestone was recorded in the ongoing privatisation in Nigeria’s power on Monday with the announcement of the preferred and reserved bidders for the five generating and eleven distribution companies unbundled from the Power Holding Company of...
- Posted October 30, 2012
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Intel berths in Nigeria
Intel stands for a belief in a better future brought about by technology. Exciting, empowering to people around the world, a brand like no other. Intel’s unwavering focus on innovation sound corporate citizenship activities is invaluable in...
- Posted October 30, 2012
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Farmers receive 3.6 million seedlings from FG
The Federal Government has commenced free distribution of 3.6 million seedlings of high-yield varieties cocoa pods to farmers across the country. The distribution, which was approved by the Agricultural Research Council of Nigeria (ARCN), was done in...
- Posted October 29, 2012
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SMEs say high lending rates are killing their businesses
Operators of micro, small and medium-sized businesses have said that high lending rates by Deposit Money Banks in the country are denying them access to credit facilities, thereby leading to the collapse of many small businesses. Our...
- Posted October 29, 2012
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Canadian envoy express confidence in Nigeria’s economy
The Canadian High Commissioner to Nigeria, Mr. Chris Cooter, has stated that Canada is currently working on strategies aimed at increasing its Foreign Direct Investment (FDI) in Nigeria within the next few years due to enhanced confidence...
- Posted October 27, 2012
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Reps reject 25%, insist on 7.5% pension for PHCN workers
As the Federal Government and labour representatives move to resume the deadlocked talks with workers of the Power Holding Company of Nigeria over their factitious pension fund, there are indications of fresh obstacles to successful negotiations. Essentially,...
- Posted October 27, 2012
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Lagos to harvest from 10,000 hectares of land acquired from other states
The Lagos State Government is to harvest farm produce from 10,000 hectares of land it acquired in other states before the end of the year, says Governor Babatunde Fashola. Fashola, who spoke at an event marking the...
- Posted October 27, 2012