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Airline Bankruptcy: An Aviation Industry in quest of oxygen
Our aviation industry is in a comatose state. This industry groans under huge landing fees, high cost of aviation fuel and sometimes non-availability, high flying charges, ground handling fees, while they have to contend with the forces...
- Posted September 20, 2011
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CBN increases lending rate to 9.25 per cent
The Central Bank of Nigeria yesterday increased the benchmark lending rate by 50 basis points from 8.75 per cent to 9.25 per cent. The anticipated one per cent reduction in government’s recurrent expenditure in the annual budget,...
- Posted September 20, 2011
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THE KIRKE PROJECT BEGINS A NEW MEDIA MAKEOVER FOR SMALL BUSINESSES
LAGOS, Nigeria (September 19, 2011) – Selected small businesses have been given a reprieve on ways to build and maintain their online presence as well as how to engage their current and potential customers through social media. The...
- Posted September 19, 2011
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Halting the Pursuit of Nuclear Energy
If tomorrow would wait, this is the best time to ask for it-A tomorrow with nuclear energy as one of our energy sources should wait. With recent happenings in Japan and other environments, we are surprise this...
- Posted September 19, 2011
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Fidelity Bank introduces special fund for indigenous oil, gas firms
Fidelity Bank Plc has introduced a special funding package to support the participation of indigenous companies in the oil and gas sector of the Nigerian economy, known as “Fidelity Local Content Finance Fund”. The bold attempt is...
- Posted September 19, 2011
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Mutual Benefits partners Portland Paints on insurance of assets
Mutual Benefits Assurance Plc and Portland Paints & Products Nigeria Plc has gone into strategic partnership to develop innovative products for the benefits of customers. Through this alliance, for instance, they have launched “Portland-Mutual Extra”, which states...
- Posted September 19, 2011
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Good Leadership’ll Change Nigeria in 6 Months – Julius Adeluyi
Former Minister of Health and Chairman Juli Pharmacy Plc, Prince Julius Adeluyi, has declared that Nigeria can turn around in six months, if only it has a good leadership, governance, and transparent structure in place. Adeluyi was...
- Posted September 19, 2011
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Staco Insurance announces N5.248 billion premium
Staco Insurance Plc has announced a gross premium income of N5.248 billion for the year ended 31st December, 2010, as against N5,058 billion recorded in 2009. The Chairman of the Company, Dere Otubu, addressing shareholders at the...
- Posted September 19, 2011
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Nem Insurance announces N6.4b premium
NEM Insurance Plc’s gross premium rose by 30 per cent from N4.9 billion in 2009 to N6.4 billion in 2010 financial period. The Chairman, Chief Adewale Teluwo, disclosed this in the company’s 2010 annual report and account....
- Posted September 19, 2011
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Union Venture Petroleum plans to raise N375 million fresh capital
A proposal by the board of Union Venture Petroleum Plc to raise N375 million fresh capital has been endorsed by shareholders. Speaking during the company’s yearly general meeting, Chairman of Union Venture Petroleum Plc, Salihu Belgore, said...
- Posted September 19, 2011






