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All posts by BusinessNews Staff

  • First Bank hosts oil and gas professionals in Texas

    First Bank of Nigeria is hosting oil and gas professionals at the Offshore Technology Conference in Houston Texas. A statement from the bank yesterday said the programme which commenced on Monday and ends tomorrow will facilitate exchange...

    • Posted May 8, 2013
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  • NSE index down 0.49%

    The Nigerian Stock Exchange (NSE) could not sustain the bull-run witnessed particularly on Friday, as profit takers swooped in on the market, following which capitalisation depreciated by N55.54 billion to close at N11.169 trillion, while the All-Share...

    • Posted May 7, 2013
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  • Bayelsa community raises alarm over Shell oil pollution

    The people of Ikarama community in Yenagoa, Bayelsa State have raised the alarm over oil spills that is currently affecting the Taylor Creek along the Biseni/JK4 Road. DailyPost gathered that the company is aware of the pollution...

    • Posted May 7, 2013
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  • CAC may set new regulations for business registration

    THE Corporate Affairs Commission (CAC) may introduce new regulations to strengthen the process of registration of new businesses in Nigeria to check fraud. For instance, prospective directors of new firms seeking registration would be required to submit...

    • Posted May 3, 2013
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  • House of the Week: An enchanting 3-bedroom luxury apartment at Banana Island, Ikoyi

    Some would say luxury must be comfortable otherwise it is not luxury. If that’s the case, this 3 Bedroom Serviced Apartment is certainly the embodiment of luxury living. This property boasts of a serene environment created by...

    • Posted May 3, 2013
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  • “Idle funds is panacea for Mass Housing challenge” – Experts tell FG at ASO Housing Confab

    A colloquium of experts in the housing value chain has advised the Federal Government should fund mass housing schemes, using the huge funds lying in bank vaults in the form of unclaimed dividends, dormant accounts, and accumulated...

    • Posted May 2, 2013
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  • FBN Holdings grows profit, pays N1 dividend

    First Bank of Nigeria Holdings Plc on Tuesday announced a profit before tax of N92.7 billion for the financial year ended Dec.31, 2012. In a press statement issued in Lagos, the company said the profit before tax...

    • Posted May 2, 2013
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  • Army destroys 50 illegal refineries in Delta, arrests two

    The Nigerian army, on Wednesday, continued its drive to rid the nation of all illegal refineries, DailyPost has gathered. In a raid carried out by officers and men of the 3 Battalion, Nigerian Army, Effurun, Delta State,...

    • Posted May 2, 2013
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  • Pipeline protection contracts: Jonathan is rewarding terrorism in Niger Delta – Mohammed

    Elder statesman and Second Republic lawmaker, Dr. Junaid Mohammed,Wednesday took on President Goodluck Jonathan for allegedly awarding multi-million Naira pipeline protection contracts to the Niger Delta militants of Ijaw extraction. He described the action as illegal and...

    • Posted May 2, 2013
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  • Globacom signs $500m network expansion agreement with ZTE

    Nigeria’s telecommunications giant, Globacom has taken its network expansion project a notch higher, as it signed a $500 million network modernization and expansion contract with leading telecom vendors, ZTE Corporation. The Company had last Friday signed a...

    • Posted May 2, 2013
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