Don't Miss


All posts by Ifreke Inyang

  • CBN sets up N100bn intervention fund for women entrepreneurs

    In line with its plan to boost businesses owned and managed by women, the Central Bank of Nigeria (CBN) may have set aside N100 million intervention fund for women enterprises. The Director General of Nigeria Employers Consultative...

    • Posted September 23, 2012
    • 0
  • Arik Air back in the skies, with empty seats

    Nigeria’s largest airline, Arik Air, began flying this morning with planes half empty, three days after it was grounded by a union protest over an alleged N18 billion unpaid debts to aviation agencies. Reports said, the airline...

    • Posted September 23, 2012
    • 0
  • iComplain: Buyers of new iPhone 5 not happy with scratches

    Many excited Apple customers stood in line for hours Friday to get their hands on the shiny new iPhone 5, only to discover nicks and scratches on the smartphones straight out of the box. Dissatisfied buyers took...

    • Posted September 22, 2012
    • 0
  • 19 out of 23 Arik airplanes remain grounded

    Nineteen of the 23 aircraft of Arik Air, Nigeria biggest airline, remained grounded on Saturday and its average of 7000 daily passengers headed to MMA 2 to board Aero Contractors’ planes. The General Aviation Terminal, where Arik...

    • Posted September 22, 2012
    • 2
  • PHCN is broke, Lagos & Abuja headquarters up for sale

    Prior to the unbundling and total privatization of the Power Holding Company of Nigeria (PHCN), the Federal Government has put its total liabilities at N392.722 billion. This was disclosed on Monday by the Managing Director of the...

    • Posted September 22, 2012
    • 0
  • Jonathan’s aide promises 5,000 jobs

    The Special Adviser to President Goodluck Jonathan on job creation, Josephine Washima on Friday promised to create more employment based on merit for Nigerians. Ms Washima, who made the pledge at a news conference in Abuja, said...

    • Posted September 22, 2012
    • 0
  • Nigerian Premier League marketing team begin negotiations to renew sponsorship deals

    Negotiations for the renewal of various Nigeria Premier League (NPL) sponsorship rights commenced on Wednesday with the official sports drink GlaxoSmithKline (makers of Lucozade Sports), meeting with the NPL Marketing team at the Abuja office of the...

    • Posted September 22, 2012
    • 0
  • Tastee Fried Chicken shut down over tax default

    One of Nigeria’s favourite fastfood restaurants, Tastee Fried Chicken, TFC, was on Friday shut by the Lagos State Government for allegedly refusing to comply with the payment of the land use charges. The Lagos Use Charge Office...

    • Posted September 22, 2012
    • 0
  • CBN stops banks from lending to Otedola, Dantata, 417 others

    In a move aimed at strengthening financial stability and instilling discipline in the banking sector, the Central Bank of Nigeria (CBN) has barred banks in the country from extending further credit to 113 companies and 419 directors/shareholders,...

    • Posted September 21, 2012
    • 2
  • CBN Governor, Sanusi Lamido urges restraint in oil windfall spending

    Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi, has cautioned that the windfall from the current rise in the price of crude oil in the international market should not be deployed for immediate consumption, warning...

    • Posted September 21, 2012
    • 0