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All posts by BusinessNews Staff

  • How powerful cabals control electricity sector – Nebo

    “YOU know that evil forces inhabit human beings and I am sure that you are aware of the fact that the cabals that don’t want the power sector to heal in Nigeria are very powerful. I wouldn’t...

    • Posted April 22, 2013
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  • N5, N10, N20, N50 paper notes coming, says CBN

    OLYMER notes – the glossy currency notes launched on September 30, 2009 by the late President Umaru Musa Yar’Adua to mark Nigeria’s 49th Independence anniversary – are to be withdrawn from circulation. The notes were introduced by...

    • Posted April 22, 2013
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  • Cash-less: Skye Bank to install 15,000 PoS

    Ahead of the expansion of the cash-less policy to some states other than Lagos State, Skye Bank Plc has concluded arrangements to roll out some 15,000 points of sale terminals in the states covered by the second...

    • Posted April 22, 2013
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  • FG to create 3.5 million jobs in agric sector by 2015 –Okonjo-Iweala

    In a bid to reduce its teeming unemployed population, Nigeria will generate about 3.5 million jobs in the agricultural sector by the end of 2015. This was disclosed at the weekend by Coordinating Minister for the Economy...

    • Posted April 22, 2013
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  • No plan to convert National Theatre to hotel, says minister

    Nigeria’s Minister for Arts, Culture and Tourism, Chief Edem Duke, has denied that the government planned to convert National Theatre, Lagos, to a five-Star hotel. Duke said in Lagos that there was no way an edifice, such...

    • Posted April 22, 2013
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  • Airtel declares readiness for number portability

    Lagos – 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...

    • Posted April 21, 2013
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  • NPDC/SEPLAT take free eye health programme to Edo and Delta states communities

    Determined to help the people in Edo and Delta States who play host to its operation, to enjoy good health, NPDC/SEPLAT have commenced the 2013 edition of the free eye health programme tagged Seplat Eye Can See...

    • Posted April 21, 2013
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  • Anambra/Kogi oil battle: Communities send SOS to FG

    The battle over the ownership of oil wells at the border communities between Anambra, Enugu and Kogi states intensified within the week, leading to the disappearance of no fewer than 19 persons from Okpeze, Aguleri, in Anambra...

    • Posted April 20, 2013
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  • CBN Governor to speak at Abia Youth Empowerment Summit

    The government and people of Abia state will on Wednesday, April 24 2013 play host to thousands of youth in the first ever Abia Youth Empowerment Summit, tagged A-YES. According to a statement by the Commissioner for...

    • Posted April 19, 2013
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  • Skye Bank Declares N0.50k Dividend On N12.6 billion Earnings

    The management of Skye Bank Plc transmitted their 2012 audited financial statements to the Nigerian Stock Exchange today. The Akin Adesola headquartered bank reported gross earnings of N127 billion, a growth of 25% from the N102 billion...

    • Posted April 16, 2013
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