Don't Miss


  • GTBank Now Let’s You Do Instant Online Payments To Other Banks.

    GTBank now let’s you do instant online payments to other banks, as part of the  banks’ effort to make online payment easy and seamless. “This new service enables you transfer funds from your Guaranty Trust Bank account...

    • Posted September 21, 2011
    • 2
  • Fuel Price Hike: Endangering An Already Jeopardized Masses

    The news about the proposed hike in fuel price still continues to ring as untrue to our ears. Incessant fuel price hike has certainly pointed to a lack of creativity in addressing this challenge. It is certainly...

    • Posted September 21, 2011
    • 3
  • Mobitel Nigeria Deploys FTS Express to Provide Flexible and Scalable Billing

     FTS, a global provider of billing, customer care and policy control solutions for communications and content service providers, today announced that Mobitel Nigeria has deployed its FTS express™ solution to provide a telecom billing platform that can...

    • Posted September 20, 2011
    • 0
  • FG to sell 70 pct stake in power distribution companies

    Nigeria Federal Goverment  plans to sell a 70 percent stake in eleven power distribution companies to new investors as part of a multi-billion dollar privatisation of its electricity sector, the Bureau of Public Enterprises said on Tuesday....

    • Posted September 20, 2011
    • 0
  • Transcorp Announces New Board Appointments

    Transnational Corporation of Nigeria Plc (Transcorp) announced a number of board changes to strengthen its governance following the appointment of Tony O. Elumelu, MFR, as Chairman at the Group’s annual general meeting held in Abuja last week....

    • Posted September 20, 2011
    • 1
  • Nigeria bond prices hold up post lending rate hike

    Nigeria’s bond prices held mostly steady on Tuesday when thinning liquidity for short-term paper at the government auction drove investors to take positions at the secondary market, forcing yields down, dealers said. Nigeria’s central bank monetary policy...

    • Posted September 20, 2011
    • 0
  • Naira Falls to 3-Month Low; Dollar Supply Curbed at Sale

    Nigeria’s naira depreciated to its weakest level in three months against the dollar after the central bank failed to meet lenders’ demands for the U.S. currency at an auction yesterday. The currency of sub-Saharan Africa’s second-biggest economy...

    • Posted September 20, 2011
    • 0
  • Borno Farmers to Receive $9 Million From World Bank

    Borno State farmers under the Fadama programme are to benefit from a $9 million (N1, 368,000,000) counterpart support from the World Bank if the state and local governments meet the required commitment in its counterpart payment, the...

    • Posted September 20, 2011
    • 2
  • Nigeria Oil Output down on Opec Constraints

    Nigeria is producing 1.8 million barrels of oil per day, down from a capacity of 2.5 million bpd as the West African nation adheres to its Opec output restrictions, an official at Nigerian National Petroleum Corporation said...

    • Posted September 20, 2011
    • 1
  • Odua investment company divests 75% shareholding in O’net

    The regional telecommunications firm, O’net, is relaunching its products into the market after several months in the trenches. The new Managing Director of the firm, Mr Ade Ayoola, disclosed this while addressing reporters at the corporate headquarters of...

    • Posted September 20, 2011
    • 1