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All posts by BusinessNews Staff

  • FG approves N2.11b for voters’ cards

    Federal Government on Wednesday approved N2.117 billion to facilitate the second phase production of additional 33.5 million permanent voters’ cards for the 2015 general elections. A breakdown shows that each card would be produced at the cost...

    • Posted April 11, 2013
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  • GTB Unveils Facebook Banking Platform

    Guaranty Trust Bank Plc (GTBank) Wednesday launched a social banking platform, which allows customers to meet their banking needs on Facebook. The new offering which is the first of its kind by any Nigerian bank allows members...

    • Posted April 11, 2013
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  • Polish firm to establish foam plant in Kaduna

    Foreign investment drive of the administration of Governor Mukhtar Ramalan Yero received a boost Wednesday, as Poland has agreed to build a $2 million foam making factory in Kaduna State. Speaking with journalists after a meeting with...

    • Posted April 11, 2013
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  • MTN assures subscribers of its readiness for number porting

    Ahead of the planned commencement of mobile number portability (MNP) in Nigeria, as stated by the Nigerian Communications Commission (NCC), MTN Nigeria has again expressed its readiness to implement number porting in consonance with the policy of...

    • Posted April 11, 2013
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  • Nigeria loses 1,112MW to Chevron gas plant shutdown

    Nigeria’s minister of power, Prof Chinedu Nebo, yesterday disclosed that the country had lost a total of 1,112MW power supply to the ongoing maintenance work in the sector. This revelation is contrary to the previous announcement by...

    • Posted April 11, 2013
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  • NSE indices drop by 2.07% due to profit taking

    The market indicators of the Nigerian Stock Exchange (NSE) on Tuesday bowed to profit taking as the market indicators fell by 2.07 per cent due to huge price losses by some highly capitalised stocks. The News Agency...

    • Posted April 10, 2013
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  • Security agents discover 23 illegal refineries In Anambra

    The General Officer Commanding (GOC) 82 Division, Nigerian Army, Enugu, Maj. Gen Ashimiyu Olaniyi, has confirmed the discovery of 23 illegal refineries on the River Niger coastline at Ogbakuba Community in Ogbaru Local Government Area of Anambra...

    • Posted April 9, 2013
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  • Guaranty Trust Bank Plans East Africa Expansion

    The Chief Executive Officer of Guaranty Trust Bank Plc, Segun Agbaje, has said the bank would open units in Kenya, Tanzania and Uganda as it seeks to expand in East Africa. According to Agbaje, the bank will...

    • Posted April 9, 2013
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  • Lekki Port to generate $200bn, 163,000 jobs

    The managing director of Lekki Port LFTZ Enterprise, Mr. Haresh Aswani has projected that the state-of-t he-art Lekki Port project, scheduled to be operational by third quarter of 2016 will generate $200bn revenue and create 163,000 new...

    • Posted April 9, 2013
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  • Dana Air crashes fares to N15,300, plans to resume P/H route

    For standing behind the airline during its turbulent time, the management of Dana Air has announced a reduction in airfares to its loyal customers between Lagos and Abuja route. This is as National Mirror gathered that plans...

    • Posted April 9, 2013
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