All posts by BusinessNews Staff

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  Arik to acquire N44.5 billion new Bombardier aircraft

  The management of Arik Airline on Thursday, disclosed that the company had signed a contract with Bombardier Aerospace, Canada, for the supply of new aircrafts. Head of Public Communications,Ola Adebanji, who made this known in a press...

  • Posted June 21, 2013
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  Airtel partners Nigerian Police to boost security in Lagos

  In line with its corporate vision of becoming the most loved brand in the daily lives of Nigerians, leading telecommunications services provider, Airtel Nigeria, has partnered with the Lagos State Police Command to beef up the security...

  • Posted June 20, 2013
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  FG, States, LGs share N620bn for May

  The Federation Accounts Allocation Committee (FAAC) on Wednesday in Abuja shared N620.65 billion among the three tiers of government for May. The Minister of State for Finance, Dr Yerima Ngama, made this known when he briefed newsmen...

  • Posted June 20, 2013
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  FEC approves N420 billion for phase 4 of Onne Port

  The Federal Executive Council,FEC, on Wednesday approved $2.9 billion, about N420 billion, for the construction of Phase 4 of the Onne Oil and Gas Port in Port Harcourt, Rivers State. Following a memo presented by the Minister...

  • Posted June 20, 2013
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  Techno unveils new android phone in Nigeria

  TECHNO Mobile, a leading mobile phone brand in Nigerian market, has introduced its new Android Smartphone called Tecno Phantom A into the Nigerian mobile market. According to the firm, the designed for users with higher demand from...

  • Posted June 19, 2013
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  Abraaj Group agrees to acquire 100% stake in Fan Milk International

  The Abraaj Group, a leading investor operating in growth markets, today announced its agreement to acquire a 100% stake in Fan Milk International (“FMI”), West Africa’s market leading manufacturer and distributor of frozen dairy products and juices....

  • Posted June 19, 2013
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  UNN kicks off Science Fair with 18-member UNESCO team

  An 18 man UNESCO team arrived the University of Nigeria, Nsukka, Monday, to facilitate science and technology workshop and exposition designed to provide scientific Mobile Learning for academic staff, train students of engineering on Engineering without borders...

  • Posted June 18, 2013
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  South-East, South-South professionals plan 10-year regional development plan

  The Southeast, South-south Professionals of Nigeria have set up a committee to work out a 10-year plan for the development of the 11 states within the region. The group which announced this after its meeting in Enugu...

  • Posted June 18, 2013
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  New power plant to be commissioned in Aba

  Residents of Aba, especially the industrialists and artisans in the city will soon have cause to smile as the chronic power challenge facing them will be a thing of the past. This is because a privately owned...

  • Posted June 18, 2013
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  Nigeria Airports controversy: Court awards Maevis N5bn as damages

  All the agreements entered by the Federal Airport Authority of Nigeria (FAAN) with the Societe International Telecommunication Aeronautiques (SITA) should be halted and their implementation stopped, a Federal High Court in Lagos has ruled. News Agency of...

  • Posted June 18, 2013
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