All posts by Ifreke Inyang
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CBN steps up job creation efforts, set to disburse N220bn MSMEs fund
The Central Bank of Nigeria (CBN) will this month begin implementation of the N220billion Micro, Small and Medium Enterprises (MSME) fund as part of the bank’s development agenda. Festus Akanbi examines the modalities to be employed by...
- Posted August 4, 2014
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Jonathan administration has tried for aviation industry – Onyema
Chairman Air Peace, Allen Onyema, is also the founder/Chairman of Foundation for Ethnic Harmony in Nigeria (FEHN), a non-governmental organisation, which has been playing active roles in peaceful resolution in some parts of the country, particularly the...
- Posted August 4, 2014
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Foreign investments in NSE rise to N705bn
In spite of the activities of the extremist religious sect, Boko Haram, in Nigeria, foreign investors are showing increasing interest in the Nigerian Stock Exchange. Investigations by our correspondent showed that in the past few months, there...
- Posted August 4, 2014
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Insurance contributes 0.6% to GDP
The insurance sector contributed 0.6 per cent to the country’s Gross Domestic Product between 2012 and 2013, figures obtained from the National Insurance Commission on Friday have indicated. This shows a drop of 0.1 from its previous...
- Posted August 4, 2014
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Experts, stakeholders converge for ICT development in Nigeria
Nigerian ICT sector will experience a new dimension for improved operation after some leading voices in the sector in Nigeria must have concluded discussion on the increasingly fundamental role of ICT for sustainable development in the country....
- Posted August 4, 2014
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Bayelsa beckons on investors to grow economy
For three days between the 16th and 19th of July, the Bayelsa State capital, Yenagoa, hosted an array of policy experts, company executives, business leaders and top government officials, who converged to have a close look at...
- Posted August 4, 2014
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ALSCON: NCP clears rusal of asset stripping as BFIG criticises report
The National Council on Privatisation (NCP) has cleared UC Rusal – current owners of the Aluminium Smelting Company of Nigeria (ALSCON), of allegations of asset stripping. Chairman, Fact-Finding Committee on ALSCON, Mr. Emmanuel Amadi, said after an...
- Posted August 4, 2014
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Emefiele vows to enforce competency framework in banking industry
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has promised to continue to work with stakeholders in the banking industry to ensure the implementation of the competency framework for the industry is realistic. A statement from...
- Posted August 3, 2014
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NNPC, NAOC on collision over award of JV contract
The National Petroleum Investment Management Services (NAPIMS), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) and the Nigerian Agip Oil Company (NAOC) are heading for a collision over the award of multi-million dollar maintenance service contract...
- Posted August 3, 2014
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Ecobank, Lafarge Cement WAPCO’s half-year profit rises
Ecobank Transnational Incorporated Plc and Lafarge Cement WAPCO Plc have released their unaudited statements of comprehensive income for the half-year period ended June 30, 2014 with both companies recording double-digit increase in profit. Ecobank’s results, filed with...
- Posted August 3, 2014