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All posts by Ifreke Inyang

  • NANS condemns N65 ATM charge, seeks reversal

    The National Association of Nigerian Students has condemned the re-introduction of the Automatic Teller Machine charge by the Central Bank of Nigeria. The CBN had announced a charge of N65 to be paid by bank customers when...

    • Posted September 8, 2014
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  • NERC inaugurates office to resolve BEDC’s power disputes

    The Nigerian Electricity Regulatory Commission (NERC) has set up a forum office in Benin, the Edo State capital, to handle complaints from electricity consumers in BEDC. The inauguration of the forum office was aimed at resolving disputes...

    • Posted September 8, 2014
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  • Ecobank seals $20m facility with Brazilian Development Bank

    Ecobank Nigeria has sealed a deal for a $20 million credit line from the Brazilian Development Bank (BNDES). A statement from Ecobank Nigeria explained that the facility is expected to address special funding needs of customers and...

    • Posted September 8, 2014
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  • Shipping charges: Stakeholders applaud Shippers’ Council for regulatory measures

    Stakeholders in the shipping industry have commended the management of the Nigerian Shippers’ Council (NSC) for some of the regulatory measures that have been introduced in the ports  which are targeted at   promoting  trade facilitation and efficiency....

    • Posted September 8, 2014
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  • Qatar National Bank mulls increased investment in Africa

    Doha-based Qatar National Bank (QNB) has expressed its preparedness to be the largest financial institution in Africa as well as the Middle East by 2017. This followed its acquisition of 12.5 per cent stake in Ecobank Transnational...

    • Posted September 8, 2014
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  • Modular refineries will address perennial shortage of petroleum products – Igwe

    Prof Godwin Igwe is the Director, Centre for Gas, Refining and Petrochemicals, Institute of Petroleum Studies, University of Port Harcourt. In this interview Chika Amanze-Nwachuku, he posited that setting up modular refineries at strategic demand locations in...

    • Posted September 8, 2014
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  • FG laments lack of standards in housing sector

    The federal government has said it decided to initiate reforms in housing sector to ensure proper regulation and institute standards, which is currently lacking in the sector. The Director General, Bureau of Public Enterprises (BPE), Mr. Benjamin...

    • Posted September 7, 2014
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  • Akwa Ibom gets licence for Ibaka Deep Seaport

    The Akwa Ibom State Government has got a licence for the construction of its deep seaport situated at Ibaka, Mbo Local Government Area, the state governor, Chief Godswill Akpabio has said. Besides the terminal for containers and...

    • Posted September 7, 2014
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  • We must ensure the economy works for all Nigerians – Jonathan

    President Goodluck Jonathan has said it has become imperative for the federal government to ensure that the nation’s economy works for all Nigerians. Jonathan said this yesterday, while speaking at the inauguration of the National Council on...

    • Posted September 7, 2014
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  • Emirates, Arik Air sign MoU for business expansion

    Emirates, a global connector of people and places, and Arik Air, West Africa’s leading airline, have signed a Memorandum of Understanding (MoU) to develop and expand their existing commercial relationship and explore further areas of co-operation. The...

    • Posted September 6, 2014
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