All posts by Ifreke Inyang

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  Summer: Airlines may double fares on foreign routes

  Air travellers to overseas destinations this summer should prepare to pay more for tickets as indications have emerged that the airlines may double the airfares on popular routes. Airfaresfor journeys from Nigeria to some foreign destinations have...

  • Posted July 12, 2014
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  Fidelity Bank CEO pledges support for SMEs

  The Managing Director, Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has promised that the bank will continue to support small and medium-sized enterprises in the country. This, he said, was as a result of the crucial role small...

  • Posted July 12, 2014
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  Skye Bank powers electronic payroll in Nassarawa

  In line with its quest for an efficient and robust pay roll management system in the state, the Nasarawa state government has gone into partnership with Skye Bank Plc on the deployment of pay roll solutions as...

  • Posted July 12, 2014
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  House of the Week: A fabulous 5-bedroom property in Gwarimpa, Abuja

  Set in the heart of the prestigious Gwarimpa Estate, is this tastefully finished 5-bedroom duplex with 2 rooms BQ. This property features a large sitting room and dinning room, fully furnished modern kitchen, spacious bedrooms, well equipped...

  • Posted July 11, 2014
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  UBA pays N3.5bn retirement benefits

  The Managing Director, UBA Pensions Custodian, Mr. Bayo Yusuf has disclosed that the company pays about N3.5 billion monthly as retirement benefits to 25,000 retirees. He said this in an interview with journalists in Abuja on the...

  • Posted July 11, 2014
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  FG to impound vehicles without Customs clearance

  Imported vehicles without proper customs clearance are to be impounded by the Federal Road Safety Commission (FRSC), President Goodluck Jonathan gave the directives yesterday. Such vehicles are to be released to owners, after all duties are paid....

  • Posted July 11, 2014
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  CBN defends naira with $17.58bn in six months

  In a bid to save the naira from further depreciation, the Central Bank of Nigeria depleted the nation’s external reserves by $17.58bn in the first half of this year as it battled to maintain a stable exchange...

  • Posted July 11, 2014
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  Stocks close higher as Bulls consolidate control

  The Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 0.41 per cent to hit a new high of   43,039.45 yesterday as the market rally entered the second day. Market capitalisation added N59 billion to close higher...

  • Posted July 11, 2014
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  LCCI opposes auto policy, bemoans hike of import tariff on vehicles

  The Lagos Chamber of Commerce and Industry (LCCI) yesterday expressed concerns over the federal government’s recent automotive policy which it said, had given rise to sharp increases in import tariff and levies on motor vehicles in the...

  • Posted July 11, 2014
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  CBN gives finance companies 18 months to recapitalize

  The Central Bank of Nigeria has given finance companies 18 months to recapitalise or lose their operating licence. The Director, Other Financial Institutions, CBN, Mr. Ahmed Abdullahi, said this in Lagos on Wednesday at the unveiling of...

  • Posted July 11, 2014
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