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All posts by Ifreke Inyang

  • Investors spend N26bn on equities as trading resumes

    Investors staked N26.618bn on 536.869 million shares in 7,048 deals on Friday after the Nigerian Stock Exchange fixed the network hitches, which disrupted trading the previous day. Trading activities had been prevented due to failure of the...

    • Posted July 27, 2014
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  • Nigeria to be among world’s top 20 economies by 2030 – McKinsey

    Nigeria has the potential to be one of the world’s top 20 economies by 2030 with a consumer base exceeding the current population of France and Germany, according to McKinsey & Co, a global management consulting firm....

    • Posted July 27, 2014
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  • Chevron is proof of Delta’s investment safety – Uduaghan

    The productive relationship between the Delta a State Government and American oil giant, Chevron, bears eloquent testimony to the fact Delta State was peaceful and remained the haven of investors in Nigeria. Governor Emmanuel Uduaghan of Delta...

    • Posted July 27, 2014
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  • Rice production: Firm plans N18bn investment in Nigeria

    The newly commissioned integrated rice mill of Olam Nigeria Limited would bring the company’s total investment in the integrated farm and milling facility to over N18bn. The Managing Director of Olam, Africa and Middle East, Mr. Venkataramani...

    • Posted July 27, 2014
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  • Domestic tourism gets a boost as NTDC launches Tour Abuja City Project

    Every mega city that prides itself high in tourism has tour city buses. From London to Cape Town to Washington to Sydney, these tour city buses have become mini-monuments that appeal to both locals and visitors alike....

    • Posted July 27, 2014
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  • At least 50% of Nigerians should participate in the capital market – Madubuike

    Mr. Emeka Madubuike is the President, Association of Stockbroking Houses of Nigeria. He shares his views on investor protection efforts, the new capital requirement for operators and other issues withSIMON EJEMBI Some analysts have said that when...

    • Posted July 27, 2014
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  • CBN sells N134.9bn treasury bills

    The Central Bank of Nigeria has sold N134.9 billion treasury bills of three-month, six-month and one-year maturities, with three-fifths fetching lower yields than at the previous auction. The central bank disclosed this on Thursday, a day after...

    • Posted July 26, 2014
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  • Keystone Bank to sell African subsidiaries

    Keystone Bank Limited yesterday disclosed plans to sell its subsidiaries in three African countries due to capitalisation challenges confronting the institutions. The countries are Uganda, Sierra Leone and Liberia. The Managing Director/Chief Executive Officer, Keystone Bank, Mr....

    • Posted July 26, 2014
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  • FG considering three options for TCN privatisation

    The Federal Government is considering three options for the privatisation of the Transmission Company of Nigeria. This was disclosed by the Minister of Power, Prof. Chinedu Nebo, in Lagos on Thursday while answering questions from journalists during...

    • Posted July 26, 2014
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  • CBN, state Governors sign MoU on MSMEs fund

    The Central Bank of Nigeria (CBN) yesterday signed a Memorandum of Understanding (MoU) with the Executive Governors of Delta, Osun, Oyo, Akwa-Ibom and Borno States on the operation and administration of the N220 billion Micro, Small and...

    • Posted July 26, 2014
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