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All posts by BusinessNews Staff

  • FCT Area Councils share N1.93bn revenue, excess crude

    The six Area Councils of the Federal Capital Territory (FCT) received a total revenue of N1,937,036,351.75 from the Federation Account for the month of June 2013. The revenue represents a shortfall of N276,462,344.70 (about 12.5 per cent)...

    • Posted August 1, 2013
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  • Workers demand removal of minister, Aganga

    While the minister of Industry, Trade and Investment, Olusegun Aganga, was busy reeling out the achievements of his ministry to the entire world in Abuja on Tuesday, many of the ministry’s worker staged a protest, demanding immediate...

    • Posted July 31, 2013
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  • PIB: Oil workers lament exclusion from Senate public hearing

    Oil workers in the country have condemned the way and manner the Senate Joint Committee on Petroleum Industry Bill conducted and ended its public hearing without allowing critical and strategic stakeholders in the oil and gas industry...

    • Posted July 28, 2013
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  • Airtel, FirstBank launch FirstMonie payment solution

    Leading Telecommunications Service Provider, Airtel Nigeria, has gone into a partnership with First Bank Nigeria Plc to offer Firstmonie Talkmore, the all-new, revolutionary mobile payment solution, to the public. The strategic partnership, which was sealed with the...

    • Posted July 27, 2013
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  • Unity Bank MD, two others risk jail term for contempt of court

    The Bauchi State High Court has ordered that form 48 and 49 be served at the Managing Director of Unity Bank and two others for their inability to obey court order and risk going to jail for...

    • Posted July 25, 2013
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  • Ikpoki named first Nigerian MTN CEO

    Michael Ikpoki, currently the CEO of MTN Ghana has been named as the new Chief Executive Officer of MTN Nigeria. Ikpoki replaces Brett Goschen, who took on the role of MTN Group Chief Financial Officer and Executive...

    • Posted July 24, 2013
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  • FCTA, SCC sign N19.4b Karshi water supply agreement

    The Federal Capital Territory Administration on Thursday signed a N19.438 billion agreement with SCC Nigeria Limited for the construction of a new water supply scheme in Karshi Satellite Town of the FCT. The Honourable Minister of State...

    • Posted July 23, 2013
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  • NLI, First Bank partner on grooming emerging leaders

    Nigerian Leadership Initiative (NLI) is partnering with First Bank of Nigeria Limited, Nigeria’s foremost financial institution to enhance capacity building among youths through the Future Leaders Seminar scheduled for Sunday 20 to Wednesday 23 October 2013 in...

    • Posted July 23, 2013
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  • FCMB Adetokumbo Ademola Branch fire alert: Commercial activities run as usual

    The Adetokunbo Ademola branch of First City Monument Bank (FCMB) Plc at Victoria Island in Lagos opened to customers on Monday, July 22 and full banking activities were offered. This is coming after last weekend’s minor fire...

    • Posted July 22, 2013
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  • Petroleum training institute will not be relocated – President Jonathan

    President Goodluck Jonathan said Monday in Abuja that his administration attaches the highest possible value to the contributions of the Urhobo to national development and will therefore do all within its powers to address issues that are...

    • Posted July 22, 2013
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