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All posts by Ifreke Inyang

  • NERC puts caveat on issuance of unsolicited electricity licences

    The Nigerian Electricity Regulatory Commission (NERC) has disclosed that it will henceforth suspend issuance of new licences for electricity generation in the country. It said unless proven to have met a ‘good cause’ condition, applications for generation...

    • Posted October 31, 2014
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  • Gas shortage not an excuse for inadequate power supply – Fashola

    The Lagos State Governor, Mr. Babatunde Fashola, has stated that gas should not be an excuse for the federal government’s failure to deliver on its promises of providing regular power supply to Nigerians. Speaking on Wednesday night...

    • Posted October 31, 2014
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  • Fidelity wins best private bank award

    Fidelity Private Banking, a division of Fidelity Bank Plc, has emerged as the best private bank in Nigeria 2014 in the Global Private Banking Awards organised by Professional Wealth Management and The Banker magazines, publications of the...

    • Posted October 31, 2014
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  • Enterprise Bank introduces product for young graduates

    Enterprise Bank says it has introduced a new scheme to cater for young graduates who are brimming with ideas but do not have the financial capacity to bring their dreams into reality. The Enterprise Graduate Empowerment Scheme,...

    • Posted October 31, 2014
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  • Shippers Council reduces port charges

    The Nigeria Shippers Council has issued a notice to terminal operators and shipping companies, directing a downward review of their charges. The council was appointed nine months ago by the Federal Government as an economic regulator of...

    • Posted October 31, 2014
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  • Why licensed refineries have not been built – Peterside

    Several factors have been identified as the cause of the failure of private investors to build 18 refineries in the country, 12 years after the Federal Government granted them licences. The government had in June 2002 issued...

    • Posted October 31, 2014
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  • Kano gets attention in Global Doing Business Report

    For the first time, the Doing Business report has analysed business regulations in Kano alongside Lagos, which has featured in previous editions, as well as 11 other economies to provide new insights into the variability of business...

    • Posted October 31, 2014
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  • History as NSE becomes full member of WFE

    Exactly two weeks after THISDAY’s exclusive report, the World Federation of Exchanges(WFE)   yesterday unanimously voted to admit the Nigerian Stock Exchange (NSE) as full member of the global trade association for the operators of regulated securities exchanges....

    • Posted October 30, 2014
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  • FBN Holdings posts N333.2bn gross earnings in 9 months

    FBN Holdings Plc’s unaudited results for the nine months ended 30 September 2014, showed that its gross earnings climbed by 12.5 per cent to N333.2billion, up from the N296.3 billion recorded as at September last year. The...

    • Posted October 30, 2014
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  • Nigeria to import petroleum products for 20 years

    Nigeria and other African countries will continue to be net importers of petroleum products despite the availability of functional and quasi-functional refineries, and plans to build more refineries on the continent, the Minister of Petroleum Resources, Mr....

    • Posted October 30, 2014
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