All posts by Ifreke Inyang

• 
  Airtel launches Free Insurance Plan for Nigerians

  Airtel Nigeria, in collaboration with MicroEnsure and Cornerstone Insurance Plc, has launched a free insurance product which offers Airtel customers life and medical insurance with increasing benefits based on monthly airtime recharge. The product, which is tagged...

  • Posted August 15, 2014
  • 0
• 
  NCC to regulate value added service operations

  The Nigerian Communications Commission (NCC) has decided to regulate the activities of Value Added Service (VAS) operators in the country, especially in the area of unsolicited mails that are regularly sent to telecoms subscribers. The plan is...

  • Posted August 15, 2014
  • 0
• 
  Transcorp announces appointment of new CEO

  The Board of Directors of Transnational Corporation of Nigeria Plc on Tuesday announced the appointment of Mr. Emmanuel Nnorom as the President/Chief Executive Officer of the company. Nnorom, according to a statement by Transcorp, will formally take...

  • Posted August 15, 2014
  • 0
• 
  Losses drag NSE index down by 0.8%

  Losses by 31 equities including highly capitalised companies such as Dangote Cement Plc and Access Bank Plc on Wednesday led the major market indicators lower. Skye Shelter Fund led the losers with a five per cent or...

  • Posted August 15, 2014
  • 0
• 
  Strides Energy commends FG over Nigerian content law

  The Nigerian Content Act has opened the floor for indigenous companies to prove their mettle on the international oil and gas scene, the Managing Director, Strides Energy and Maritime Limited, Moritz Abazie, has said. Abazie noted that...

  • Posted August 15, 2014
  • 0
• 
  Banks dump Microsoft’s ATM protection solutions

  Deposit Money Banks in the country have been forced to spend millions of dollars to deploy imported and locally-manufactured computer solutions to protect their Automated Teller Machines from hackers, investigation by our correspondent has revealed. Top bank...

  • Posted August 15, 2014
  • 0
• 
  Uquo JV to boost power generation with Akwa Ibom Gas Facility

  Frontier Oil Limited and Seven Exploration and Production Limited, the Uquo Joint Venture partners, have finalised arrangements for the official inauguration of the Uquo Gas Processing Facility in Eket, Akwa Ibom State, by President Goodluck Jonathan today....

  • Posted August 15, 2014
  • 0
• 
  CBN to re-introduce N65 ATM fee from September 1

  Banks customers will from September 1, 2014 pay a token for cash withdrawals made on other banks’ Automated Teller Machines, the Central Bank of Nigeria said in a directive released on Wednesday. The re-introduction of the ATM...

  • Posted August 14, 2014
  • 0
• 
  Nigeria’s domestic debt now 9.2% of revised GDP

  The Federal Government of Nigeria’s (FGN) domestic debt at the end of June this year now stands at N7.42 trillion or $46.1 billion, equivalent to 9.2 per cent of the rebased 2013 gross domestic products (GDP), the...

  • Posted August 14, 2014
  • 0
• 
  CIS vows to protect brokers’ interest in demutualisation of NSE

  The President of Chartered Institute of Stockbrokers (CIS), Mr. Albert Okumagba, has vowed that the institute would protect the interest of stockbrokers in the demutualisation of the Nigerian Stock Exchange (NSE) and recapitalisation of capital market operators....

  • Posted August 14, 2014
  • 0