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  • Nigerian Stock Exchange Watch: Market YTD Performance 0.44%

    The Nigerian bourse recovered from its losses yesterday as the ASI closed up marginally by 0.15% settling at 20,822.0. Diamond Bank continues to lead the YTD performance of the banking sub sector as the stock gained an...

    • Posted February 2, 2012
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  • Etisalat invites bids for African towers – sources

    (Reuters) – UAE telecoms operator Etisalat has invited bidders for its telephone tower operations in Africa, two sources familiar with the matter told Reuters on Wednesday. Etisalat operates in about 10 African countries, including Egypt, Nigeria, Tanzania...

    • Posted February 2, 2012
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  • 11 Deadly Social Media Sins for Brands

    Most brands are trying really hard to succeed with their social media initiatives. They are trying new ways to engage – from receipts at checkout to advertisements in newspapers; brands are trying their best to connect with...

    • Posted February 2, 2012
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  • NairaTweets offers FREE Advertising Credit to Businesses

    As part of our Corporate Social Responsibility and our passion to support Nigerian Businesses through our existing web platform – www.nairatweets.net – a crowd sourcing, social engagement service available to Nigerian Businesses and Twitter Users – NairaTweets...

    • Posted February 2, 2012
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  • Highlights of Facebook’s $ 5 Billion IPO Filing

    Facebook filed for its IPO yesterday with the Securities and Exchange Commission (SEC) in Washington DC. Anthony De Rosa has put together a compilation of the most interesting points. Enjoy: Zynga accounted for approximately 12% of Facebook...

    • Posted February 2, 2012
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  • Bonuses: Former NSE Officials Refund N 607 million

    The Nigerian Stock Exchange has recovered N607m out of the N1.39bn shared by former council members as bonuses between 2006 and 2008. The News Agency of Nigeria reports that N783.8m  is still outstanding. The 2010 annual report of the...

    • Posted February 2, 2012
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  • Bureau of Public Enterprises issues RFP for Transmission Company of Nigeria

    The Bureau of Public Enterprises (BPE) has issued a Request for Proposals (RFP) to Manitoba Hydro of Canada and Power Grid of India ahead of its planned sale of the Transmission Company of Nigeria (TCN). The Transmission...

    • Posted February 2, 2012
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  • NCC to Bar Unregistered Subscribers in March, says Number Portability Commences September

    The Nigerian Communications Commission has disclosed that unregistered SIM cards in the country will be blocked in March. The Executive Vice-Chairman, NCC, Eugene Juwah stated that the NCC is currently ongoing the data harmonization exercise with the...

    • Posted February 2, 2012
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  • Zuckerberg’s Letter to Potential Facebook Shareholders’ (Full Text)

    As part of the company’s $ 5 billion Initial Public Offering (IPO) filings yesterday, the CEO of Mark Zuckerberg penned a letter to potential shareholder’s, stating that the company was on a social mission, and engaged in...

    • Posted February 2, 2012
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  • Sun Trust Real Estate Investment Trust (REIT) Seeks to Raise N 20 Billion from Investors

    SUN Trust Savings and Loans, an indigenous mortgage bank, licensed by the Central Bank if Nigeria to provide mortgage banking services. The company has announced plans to raise N 20 billion from the capital markets via the...

    • Posted February 2, 2012
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