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All posts by Ifreke Inyang

  • Banks must offer acceptable services – BCAN

    The President, Bank Customers Association of Nigeria, Dr. ‘Uju Ogubunka, says banks need to render services that are based on acceptable standards and values. He also stressed the need for the public to inculcate appropriate banking habits...

    • Posted August 13, 2014
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  • Bears sustain grip as all-share index drops

    The Nigerian equities market resumed on a poor note yesterday as the bears sustained its hold on the market sending stock prices southward. At the close of trading yesterday, the Nigerian Stock Exchange (NSE) All-Share Index or...

    • Posted August 13, 2014
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  • FG, States, LGs partner to decentralise development of electricity sector

    The federal government ,through two of its key agencies, the Bureau of Public Enterprises (BPE) and Nigerian Electricity Regulatory Commission (NERC), has said it is ready to commence a forensic probe of the extent of financial commitments...

    • Posted August 13, 2014
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  • New payroll system saved us N160bn – FG

    The Accountant General of the Federation, Mr. Jonah Otunla on Tuesday said the introduction of the Integrated Personnel and Payroll Information System in the public sector has saved the Federal Government the sum of N160bn in personnel...

    • Posted August 13, 2014
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  • Honeywell records 18% rise in profit

    Honeywell Flour Mills Plc says its profit after tax rose by 18 per cent to N3.5bn in the financial year ended March 31, 2014, from N2.8bn the previous year. This, the company said, translated to an 18...

    • Posted August 13, 2014
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  • 98% of PHCN workers paid severance, gratuities – BPE

    The Bureau of Public Enterprises on Monday said 98 per cent of workers of the defunct Power Holding Company of Nigeria had received their severance and gratuity entitlements. It disclosed this at the inaugural National Council on...

    • Posted August 13, 2014
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  • Fake phones: CAPDAN decries SON’s comment

    Computer and Allied Products Dealers Association of Nigeria has condemned comments credited to the Director General of Standards Organisation of Nigeria, Dr. Joseph Odumodu, that 80 per cent of mobile phones sold at Computer Village in Lagos...

    • Posted August 13, 2014
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  • Stallion Group debuts made-in-Nigeria Hyundai cars

    Barely three months after delivering the Made-in-Nigeria Nissan range of vehicles, the Stallion Group has delivered yet again on another promise – the manufacture and assembly of Hyundai range of vehicles. The Chairman of the Stallion Group,...

    • Posted August 13, 2014
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  • Diamond Bank urges SMEs to list on NSE

    Diamond Bank Plc has advised operators of small and medium scale enterprises (SMEs) to list on the Nigerian Stock Exchange (NSE) and take advantage of the opportunities inherent in the capital market. The bank specifically stressed the...

    • Posted August 12, 2014
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  • Stockbrokers pledge support for unlisted securities platform

    The Chartered Institute of Stockbrokers (CIS) has pledged to deepen the over-the-counter (OTC) market for securities unlisted companies in Nigeria saying that doing so will empower more Nigerians in particular and the economy in general. The President...

    • Posted August 12, 2014
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