All posts by Ifreke Inyang

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  Domestic operators want multiple entries for foreign airlines reversed

  Domestic airline operators have urged the federal government to review the policy of granting multiple entries to foreign airlines operating in Nigeria. They policy, according to the operators, shrinks the domestic market and discourages partnership with foreign...

  • Posted August 30, 2014
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  Rebasing: Nigerian economy now worth N81tn

  The National Bureau of Statistics (NBS) has revised the size of Nigerian economy to about N81.009 trillion following it latest final rebasing of the country’s Gross Domestic Product (GDP), using the Expenditure Approach between 2010-2013. This represented...

  • Posted August 30, 2014
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  CBN begins restructuring of NSPMC, retires directors

  The Central Bank of Nigeria has begun the restructuring if the Nigerian Security Printing and Minting Plc in line with the directive of President Goodluck Jonathan. To this end, the board of the company has approved the...

  • Posted August 30, 2014
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  FG targets N116.5bn non-oil exports to ECOWAS

  The Federal Government has unfolded plans to increase the country’s non-oil exports to the Economic Community of West African States from $276.5m (N45.62bn) in 2011 to $706.1m (N116.5bn) by 2015. The Minister of Industry, Trade and Investment,...

  • Posted August 30, 2014
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  LCCI advises govt on SON, NAFDAC functions

  The Lagos Chamber of Commerce and Industry has called on the Federal Government to develop a framework for the oversight and control of regulatory institutions in order to curb probable excesses in their activities. The chamber said...

  • Posted August 30, 2014
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  Ebola having ‘acute’ impact on W’African economies – IMF

  The worst ever outbreak of the Ebola disease is likely to lead to “sharply” lower growth in Guinea, Liberia and Sierra Leone and raise financing needs in all three West African countries, an International Monetary Fund spokesman,...

  • Posted August 30, 2014
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  FG to cut cost of funding for manufacturers, targets 15% real sector contribution to GDP

  President Goodluck Jonathan yesterday said the federal government had concluded plans to bring down the cost of funding to the real sector of the economy through its new programme called the Financing Value Chain  Initiative (FVCI). The...

  • Posted August 30, 2014
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  House of the Week: A spectacular 4-bedroom property in Dutse, Abuja

  Our house of the week is an impressive, tastefully finished 4-bedroom semi-detached duplex with 1 room BQ in Dutse, Abuja and for sale. This property features a kitchen, 2 lounges, 2 dining areas, 4 bedrooms and 4...

  • Posted August 29, 2014
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  Access Bank targets 20% loan growth

  Access Bank Plc is expecting a loan growth of 20 per cent this year, after a 17 per cent rise in the first half, driven by increased lending to its corporate and investment banking customers. The Chief...

  • Posted August 29, 2014
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  Skye Bank introduces e-payment solution

  Skye Bank Plc says it has introduced an electronic point of payment solution that will enhance more revenue for development for Ikorodu North Local Council Development Authority. The bank said the solution came on the heels of...

  • Posted August 29, 2014
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