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All posts by BusinessNews Staff

  • FG explains why centenary celebration is important to the country

    As preparations heat up for Nigeria’s centenary celebration, the Federal Government has stated that it will deal with the challenges currently confronting the nation. Minister of State for Works, Amb. Bashir Yugudu, while speaking at the unveiling...

    • Posted May 26, 2013
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  • N500million lost annually to sub-standard products – DG, SON

    Director-General of the Standard Organisation of Nigeria, SON, has said that Nigeria loses over N500 million annually as a result of sub-standard electric bulbs imported into the country. He made this disclosure when the Executive Director of...

    • Posted May 25, 2013
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  • Buy iPhone 5 at N100, as Airtel introduces Bid & Get Service

    First auction items on offer are Iphone 5 & Ipad mini gadgets bidders to win “latest laptops, smart phones, vacations, house-hold electronics, others” Lagos, Nigeria; May 24, 2013: The Nigerian telecommunications market is set to witness another...

    • Posted May 24, 2013
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  • Airtel partners Huawei, Microsoft to launch latest Windows 8 smartphone

    Customers to enjoy free 200mb of data for 6 months Phone runs on Microsoft windows Phone 8 operating systems Leading telecommunications service provider, Airtel Nigeria, has partnered with Huawei and Microsoft to unveil Ascend W1, its first...

    • Posted May 24, 2013
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  • Airtel’s Chief Marketing Officer resigns

    Mr. Olu Akanmu, the Chief Marketing Officer of one of the leading telecommunication industries in the country, Airtel Nigeria, has resigned his appointment with the company to pursue other interests. This was conveyed in a statement issued...

    • Posted May 24, 2013
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  • FG releases N200bn for second quarter; power sector gets largest share

    The Federal Ministry of Finance on Thursday released the sum of N200 billion for the second quarter of the fiscal year. This it said was to ensure progress in the execution of capital projects captured in the...

    • Posted May 24, 2013
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  • FEC approves construction of two dams in Karshi

    Federal Executive Council (FEC) has approved the construction of two dams in Karshi area of Abuja. Olajumoke Akinjide, Minister of State for Federal Capital Territory (FCT), gave the hint while addressing Ebele Okeke, Water Sanitation and Hygiene...

    • Posted May 23, 2013
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  • FG commissions Kaduna refinery access road

    Federal Government today, Thursday commissioned the newly Kaduna Refinery Access road, in Kaduna state. Bashir Yuguda, Minister of State for Works, who performed the ceremony reiterated the present administration’s commitment towards provision and upgrading of critical road...

    • Posted May 23, 2013
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  • FG offers 100% repatriation of profits to foreign investors

    Federal Government today, Thursday, rolled out robust incentives for foreign investors who are willing to invest in the country, according to Vice President Namadi Sambo. Other incentives include 100 percent repatriation of profits, 140 percent capital allowance...

    • Posted May 23, 2013
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  • Reps fault NNPC over non-payment of N142billion

    Members of the House of Representatives today, Thursday, expressed displeasure over the failure of Nigerian National Petroleum Corporation ((NNPC) to remit the sum of N142 billion to the Consolidated Revenue Fund (CRF) as provided by the law....

    • Posted May 23, 2013
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