Don't Miss


All posts by BusinessNews Staff

  • FG to boost Bank of Industry’s capital base to N45bn

    The Federal Government is making arrangements to boost the capital base of the Bank of Industry to N45 billion, according to the Managing Director of the bank, Dr Mohammed Santuraki. Santuraki disclosed in an interview with newsmen...

    • Posted February 28, 2013
    • 0
  • GTBank Rewards Winners in ‘GTCrea8’ e-Savers Promo

    Guaranty Trust Bank Plc (GTBank) yesterday rewarded six customers in its ongoing ‘GTCrea8’ e-savers promo for undergraduates. The winners emerged from six regions namely- Lagos, Abuja, South-east, South-west, Port Harcourt and Northern region, at a draw held...

    • Posted February 28, 2013
    • 0
  • Reps reject proposal to pay unemployed graduates

    The House of Representatives Wednesday rejected a bill, which sought to make provisions for monetary incentives for unemployed graduates in the country. The proposed legislation, titled: “A Bill for an Act to amend the National Directorate of...

    • Posted February 28, 2013
    • 1
  • Seven new airlines apply for operational certificates

    Seven new airlines have applied for Airline Operators Certificates (AOCs), to operate their respective businesses in the Nigerian airspace. This was disclosed Wednesday by the Nigerian Civil Aviation Authority (NCAA). According to NCAA’s spokesman, Sam Adurogboye, the...

    • Posted February 28, 2013
    • 0
  • First Bank introduces youth empowerment programme

    First Bank of Nigeria Limited has commenced a programme titled, ‘First Bank Youth Excel Series’ designed to empower youths. The Group Managing Director, First Bank, Mr. Bisi Onasanya, said during the inauguration of the programme at the...

    • Posted February 28, 2013
    • 0
  • MainOne Cable stakes $240m on infrastructure

    MainOne Cable Company has invested $240million (about 40 billion) in infrastructure alone before start-up to ensure reliability and sustainability in its service delivery. The Chief Executive Officer of the company, Funke Opeke, stated this during the outfit’s...

    • Posted February 28, 2013
    • 0
  • Nigerian Breweries revenue hits N253b in 2012

    The Board of Directors of Nigerian Breweries Plc. has announced a revenue of N253 billion for the 2012 financial year. The unaudited and provisional result released at the weekend shows a 20 per cent increase in revenue...

    • Posted February 28, 2013
    • 0
  • UBA unveils reloadable prepaid card

    United Bank for Africa has introduced a reloadable prepaid card offering customers financial control, convenience and security across Nigeria and 18 African countries where UBA has presence. The card, accepted at all VISA points, over one million...

    • Posted February 28, 2013
    • 0
  • Union Bank appoints new chairman, directors

    One of Nigeria‘s leading financial institutions, Union Bank of Nigeria Plc had on Tuesday announced the appointment of a new chairman and non-executive directors to its Board of Directors. A statement by the bank said the new...

    • Posted February 27, 2013
    • 0
  • Nigerians will soon enjoy uninterrupted power supply – Elumelu

    The Chief Executive Officer, Transcorp/Woodrock, Mr. Tony Elumemlu has promised that Nigeria would soon begin to enjoy uninterrupted power supply after several years of epileptic power supply. He said this after his firm, which emerged the preferred...

    • Posted February 22, 2013
    • 0