Don't Miss


  • UBA CEO named Ai 40 CEO of the Year

    Phillips Oduoza, the group managing director and chief executive officer of United Bank for Africa (UBA) Plc, has been named the African Investor Ai 40 CEO of the year. Oduoza emerged victorious from a shortlist including the...

    • Posted September 28, 2011
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  • Nigeria And The Internet: Broadband Expansion For Growth

    Our economy struggles with the use of Microsoft office packages while the world has gone into the clouds. We watch with sadness tugging at our hearts as youths visit computer training schools to learn the use of...

    • Posted September 28, 2011
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  • PHCN: Generate Revenue for 50pc Salary Increase – Nnaji

    Chief Executive Officers of the power generation and distribution companies, are to generate revenue to pay the 50 per cent hike that the government approved for workers of the Power Holding Company of Nigeria ( PHCN ), the Minister...

    • Posted September 28, 2011
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  • Integrated Data Services Limited records N1.85b revenue

    Integrated Data Services Limited (IDSL), a subsidiary of the Nigeria National Petroleum Corporation (NNPC), has recorded about N1.85 billion in revenue between the 2008 and 2009 fiscal years. The Group Managing Director (GMD), Austen Oniwon, who disclosed this...

    • Posted September 28, 2011
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  • Sterling Assurance records gross premium of N1.82billion

    Sterling Assurance Company has announced a gross premium income of N1.82billion for the financial year ended December 31, 2010. The amount represented 12.72 percent increase from the N1.61 billion generated by the company in 2009. Chief Olabode...

    • Posted September 28, 2011
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  • The scale of crude oil theft in Nigeria is ‘unprecedented’ – Shell

    The amount of crude oil stolen from Royal Dutch Shell’s pipelines in the oil-rich Niger Delta of Nigeria is “unprecedented,” the company said. “The scale of crude theft is unprecedented,” the company was quoted by the Platts...

    • Posted September 27, 2011
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  • Eko Rail’s Trains Begin Journey to Lagos

    The first of hundreds of Toronto subway cars that will furnish a new surface rail line in Lagos, Nigeria, has left Canada for the last time, and is now en route to Africa’s largest city. A Nigerian...

    • Posted September 27, 2011
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  • Oceanic Bank Shareholders Approves ETI merger

    Shareholders of rescued Nigeria’s Oceanic Bank on Tuesday approved the planned merger with pan-African banking group Ecobank Transnational Incoporated. At a court-ordered meeting, the shareholders consented to all the proposal brought before them by the board of...

    • Posted September 27, 2011
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  • FG’s Plan to Promote Reading Culture and the question of access

    We applaud FG response to reverse the declining reading culture among Nigerians. A strategic plan has been created to boost reading culture in the country with the Minister of State for Education leading the charge. Recent results...

    • Posted September 27, 2011
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  • Aero airline introduces special independence promotional fare of N10,000

    Aero  airline is  introducing a special independence promotional fare of N10,000 for economy cabin, and N26,000 for business class cabin to all major Nigerian destinations. The airline said the  Business and leisure travelers can take advantage of...

    • Posted September 27, 2011
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