All posts by BusinessNews Staff

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  Heritage Bank begins SGBN accounts validation exercise

  Customers of former Societe Generale Bank Plc (SGBN) are set to heave a sigh of relief as it formerly begins a four-week validation exercise on Tuesday (tomorrow) under a new name- Heritage Banking Company Limited. This is...

  • Posted January 28, 2013
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  CBN sustains intervention with NTBs

  In the economic report of 2012, the Central Bank of Nigeria (CBN) has said it had sustained its normal call through Open Market Operation (OMO), as it put out for sale, the Nigerian Treasury Bills (NTBs) in...

  • Posted January 26, 2013
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  Firefox Launches Mozilla mobile phone

  Mozilla, one of the foremost internet browser providers, has dolled out details of it’s plans to launch new smartphones to be powered by its Firefox operating system. It disclosed that two mobile phones would be introduced by...

  • Posted January 26, 2013
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  N2.1bn mint theft: CBN and Reps auditors set to commence Investigation

  Subsequent to the disappearance of N2.1bn of the newly printed N1, 000 notes at the Nigeria Security Printing and Minting Company (NSPMC) in December, the Central Bank has set up a panel to probe the security breach....

  • Posted January 21, 2013
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  President Jonathan reaffirms commitment to reforms, calls for continued World Bank support

  President Goodluck Jonathan Tuesday in Abuja reaffirmed his Administration’s commitment to the implementation of all reforms considered necessary for accelerated economic growth, job creation and poverty alleviation in Nigeria. Speaking at an audience with the World Bank’s...

  • Posted January 15, 2013
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  Borno State Government signs MOU worth over N230 million with Indian firms

  The Borno state Government has signed a Memorandum of Understanding with two Indian firms ILand FS company and Bala Industries Private Limited in the areas of Education and Agricultural transformation. Speaking at the signing ceremony which took...

  • Posted January 10, 2013
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  Benue governor, Suswam presents N130bn budget to State Assembly

  Benue State Governor Gabriel Suswam, Tuesday presented the 2013 budget proposal of N130 billion to the Benue State House of Assembly, tagged “Budget of Development and Growth Effectiveness.” The Governor said his administration has shown exemplary leadership...

  • Posted December 19, 2012
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  House of the Week: N110m Five-Bedroom Detached House For Sale In Lekki Phase 1, Lagos

  Regardless of where you are on the property, it’s breathtaking. You can now buy this beautiful house in Lekki Phase 1, Lagos. The house is a fantastic 5 Bedroom detached property with a 2 bed guest chalet....

  • Posted November 23, 2012
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  Prime Hangout unveils new platform for job seekers

  The rate of youth unemployment in the country is alarming particularly in the face of the current global economic crisis. The implications of unemployment in Nigeria are both social, economic and political. It shows that youth unemployment...

  • Posted November 19, 2012
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  House of the Week: Astonishing N140m four-bedroom detached house for sale in Apo, Abuja

  A stunning 4 bedroom detached house in Copa Cabana Homes, Wumba District, Apo, Abuja, has come up for sale for a wallet-busting N140million. The house comes with a 2 bedroom guest chalet, all rooms are well spaced...

  • Posted November 16, 2012
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