All posts by Ifreke Inyang
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Boat operators demand filling stations
Boat and ferry operators have expressed a concern over the lack of filing stations around jetties, forcing them to keep jerry cans of fuel on board while transporting passengers from one location to another. Of recent, a...
- Posted September 1, 2014
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Nigeria’s first non-bank credit card launched
Effort by the Central Bank of Nigeria (CBN) to make the Nigerian economy cashless, received a boost yesterday, with the introduction of the nation’s first non-bank credit card. Following the launch, O3 Capital Nigeria Limited, promoters of...
- Posted August 31, 2014
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Oil well dispute: Sambo meets Kogi, Anambra Governors
Sequel to the oil well dispute between Kogi and Anambra states, Vice President Namadi Sambo Friday, met Kogi State Governor, Idris Wada and his Anambra State counterpart, Willie Obiano. The meeting was held behind closed doors at...
- Posted August 31, 2014
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Banks lose N159bn to e-frauds –NIBSS
Banks in the country have lost approximately N159bn to electronic frauds and cybercrime between 2000 and 2013, according to a report by the Nigeria Inter-Bank Settlements Systems. The Office of the National Security Adviser disclosed this in...
- Posted August 31, 2014
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Shell’s proposed cancellation of contract to replace ruptured pipelines stirs anger in communities
The project known as Trans Niger Pipeline (TNP) transports around 180,000 barrels per day of crude oil to the Bonny Export Terminal and is part of the gas liquids evacuation infrastructure, critical for continued domestic power generation...
- Posted August 31, 2014
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Nigeria-made Nissan Patrol charts new course in upscale market
Car buffs waiting to catch a glimpse of the latest Nissan Patrol would have every reason to celebrate the quantum of transformation in one of the best-known and longest established nameplates on the global 4WD (four-wheel drive)...
- Posted August 31, 2014
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500 farmers get incentives for food sufficiency
Five hundred farmers from across 13 local governments in Oyo North senatorial district of Oke-Ogun and parts of Ogbomosoland in Oyo state have been given incentives by the Deputy-Senate Whip, Senator Hosea Agboola, as part of efforts...
- Posted August 31, 2014
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NCC to auction another spectrum licence
Following the successful auction of the nation’s 2.3GHz spectrum early this year, the Nigerian Communications Commission (NCC) has begun a fresh process to auction another spectrum that will further deepen competition and improve broadband penetration in the...
- Posted August 30, 2014
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Stock Market rebounds as index rises by 0.58%
Investors in the Nigerian equities market hived a sigh of relief yesterday, as the market returned to positive territory following the drive by bargain hunters to take advantage of highly discounted stocks. The market had in the...
- Posted August 30, 2014
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Dangote gives reasons for producing 42.5 cement grade
The world richest black man and President of Dangote Group of Companies, Aliko Dangote, has given an insight into why his company embarked on the production of the new 42.5 grade of cement in the country. Dangote...
- Posted August 30, 2014