All posts by BusinessNews Staff

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  Airtel Declares Readiness for MNP Kick-off, Assures Nigerians of Robust Network

  Leading Telecommunications Services provider, Airtel Nigeria has declared its readiness to absorb the influx of requests from consumers who wish to port to its network as the long anticipated Mobile Number Portability (MNP) for GSM operators in...

  • Posted April 24, 2013
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  Plateau government to take loan from African Development Bank to boost agriculture

  In its efforts towards transforming the Agricultural sector, the Plateau State Government said it would take a loan from African Development Bank,ADB, to enhance its agriculture yield in the State. Governor Jonah Jang disclosed this yesterday at...

  • Posted April 24, 2013
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  ExxonMobil Signs Agreement on 500MW Power Plant

  Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC) and MPN Joint Venture, has signed a Seller’s Representative Agreement (SRA) for the Qua Iboe Power Project, located at Mobil’s Qua Iboe terminal in...

  • Posted April 24, 2013
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  FG Declines Lagos’ Request for Power Distribution Companies

  State threatens legal action on National Theatre Dagogo-Jack accuses Labour of crisis in PHCN Gboyega Akinsanmi Lagos State Government has disclosed that the federal government has declined its offer to acquire power distribution companies namely Eko and...

  • Posted April 24, 2013
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  Akinjide empowers farmers, women, youths in Oyo State

  The Honourable Minister of State for Federal Capital Territory, Oloye Olajumoke Akinjide, has empowered farmers, women and youths in Oyo State in the area of agriculture. The minister through her pet programme known as Olajumoke Akinjide Foundation...

  • Posted April 24, 2013
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  Governor Kwankwaso condemns Petroleum Industry Bill

  Governor Rabiu Kwankwaso of Kano State has stoutly kicked against the proposed Petroleum Industry Bill, PIB, saying that such action was capable of undermining development and security in the region. The Governor made his view known during...

  • Posted April 24, 2013
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  Stanbic IBTC Declares N12bn Profit on N92bn Earnings

  Stanbic IBTC Holdings, a member of Standard Bank Group, has declared a profit before tax of N11.7 billion for the financial year ended December 31, 2012,, indicating an increase of 16 per centover the N10.1 billion recorded...

  • Posted April 23, 2013
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  AMCON is Succeeding, Says Sanusi

  Contrary to the suggestion by the International Monetary Fund (IMF) that the Asset Management Corporation of Nigeria (AMCON) should wind down its operations, the Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has...

  • Posted April 23, 2013
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  GSM number portability finally takes off

  THE Subscriber Identity Module (SIM) number portability, an operation which allows GSM subscribers to migrate from one network to another without changing their old number takes off today. Work on the portability dates back a year when...

  • Posted April 22, 2013
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  Diamond Bank’s balance sheet now N1tn

  The Managing Director, Diamond Bank Plc, Dr. Alex Oti, has said the bank’s balance sheet in 2012 hit the N1tn mark. He also said the bank would open more branches to meet the demand of its growing...

  • Posted April 22, 2013
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