All posts by Ifreke Inyang

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  FG gets N100bn from EU for development

  The Federal Government said on Wednesday that it had secured a fresh funding of about N100bn for developmental projects over the next five years from the European Development Fund. The immediate past Supervising Minister for National Planning,...

  • Posted August 1, 2014
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  Inactive operators control 727,147 telephone lines

  Telecommunications operators who had been declared inactive by the industry regulator, the Nigerian Communications Commission, controlled 727,147 telephone lines as of March 31, investigations have shown. Although the number of lines controlled by the inactive operators seems...

  • Posted August 1, 2014
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  FG hands over trading point meters to power firms

  The Federal Government on Thursday officially handed over the electricity trading point meters to market participants in the nation’s power sector. The handing over ceremony, which was done simultaneously nationwide, began in Abuja at a ceremony conducted...

  • Posted August 1, 2014
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  Standard Chartered raises commitment to ‘Power Africa’ to $5bn

  Standard Chartered Bank has said it has increased its commitment to the ‘Power Africa’ initiative by raising its pledge from $2 billion to $5 billion, after reaching its initial commitment in 12 months. The bank had during...

  • Posted August 1, 2014
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  NSE to introduce Nigerian Depository Receipts

  The Nigerian Stock Exchange is planning to introduce Nigerian Depository Receipts (NDRs)  as part of its efforts to satisfy  the investment needs of investors in the Nigerian capital market. Depository Receipts (DRs) are negotiable securities that generally...

  • Posted July 31, 2014
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  Nigerian real estate market valued at N6.4trillion

  Following rising demand for commercial space and housing for middle-income and young professionals in Nigeria, the nation’s real estate market has continued to grow with the sector now valued at N6.4 trillion ($41.2 billion). According to a...

  • Posted July 31, 2014
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  Bank loans to domestic economy rise to N10tn

  Deposit Money Banks’ total loans and advances to the domestic economy hit N10tn as of March 2014, the Central Bank of Nigeria’s latest statistics indicated. “Total loans and advances in the review period showed that total loans...

  • Posted July 31, 2014
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  Transcorp’s results raise investors’ hopes

  Stakeholders in the capital have been looking up to the half year corporate results of companies with high hopes. Based on the high hopes,  the share prices of some of the equities attracted high demand from investors....

  • Posted July 31, 2014
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  Financial services: Access Bank offers succour to women

  Globally, women disproportionately face financial access barriers that prevent them from participating in the economy and from improving their lives. Women make up 40 per cent of the world’s workforce. Many of the sectors that are critical...

  • Posted July 31, 2014
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  Market uncertainties delay NLNG Train 7 project

  Uncertainties and prevailing market dynamics have been identified as critical factors for the continuous delay of the 8.4 million-tonne per annum Train 7 project of the Nigeria Liquefied Natural Gas. The project stakeholders, our correspondent gathered, had...

  • Posted July 31, 2014
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