All posts by BusinessNews Staff

• 
  FG Plans New National Carrier Stocked With 30 New Aircraft

  The Federal Government has disclosed plans to launch a new national carrier by 2014 that will have a fleet of nothing less than 30 new aircraft. Director of Operations, Federal Airports Authority of Nigeria, Mr. Henry Omeogu,...

  • Posted November 16, 2012
  • 4
• 
  Western Union and Ecobank Launch Internet Account Based Money Transfer (ABMT) service in Kenya

  LAGOS, Nigeria, November 15, 2012/ — Western Union, a global leader in payment services, and Ecobank Transnational Incorporated (Ecobank), a leading financial services group in sub-Saharan Africa, today announced the launch of  Account Based Money Transfer service (ABMT) in Kenya....

  • Posted November 15, 2012
  • 0
• 
  Flour Mills Banks N7.7 billion in Profits After Six Months

  Flour Mills of Nigeria Plc, manufacturers of Golden Penny Products, transmitted its Q2 unaudited financial statements to the Nigerian Stock Exchange yesterday. The company reported revenues of N137.6 billion, up 7.6% from N127.9 billion reported over the...

  • Posted November 15, 2012
  • 0
• 
  Want to Know Where Subsidy money Went: Think Private Planes…$6.5 billion Worth of High Flying

  Within the last five years, some of Nigeria’s wealthiest people have spent about $6.5 billion acquiring new private jets, making it Africa’s biggest market for private planes, according to a new report. In a report published Monday...

  • Posted November 15, 2012
  • 2
• 
  A Subsidy Drama: The EFCC’s Romance with The Chairman’s Son

  In the war against terrorism, some countries refuse to negotiate with terrorists. These countries are the ones that are more successful than others. In the war against financial and economic terrorism or crass corruption, Nigeria always chooses...

  • Posted November 14, 2012
  • 1
• 
  Experts advocate more attention to eHealth and Telemedicine

  The capital city of Nigeria, Abuja, last week played host to local and foreign Medical, Technology and Financial experts who converged to present a common stand on the importance of eHealth in the 21st century. The event...

  • Posted November 13, 2012
  • 0
• 
  Uche Ezechukwu: Okonjo-Iweala’s ‘Unreformable’ Nigeria

  It was fortuitous that I came across a copy of the new book authored and publicly presented by the Coordinating Minister of the Economy and the minster of finance, two weeks ago. Dr. Ngozi Okonjo-Iweala launched her...

  • Posted November 12, 2012
  • 1
• 
  Veda Technology introduces student and corpers’ laptop, internet and content scheme

  As part of its goal to empower and equip 100,000 Students and Youth Corpers in the next year, technology industry player, VEDA introduces Student and Corpers’ Laptop, Internet and Content Scheme “SLIC” which is geared towards students...

  • Posted November 7, 2012
  • 0
• 
  Telecoms recorded highest ad spend in 2011

  Telecommunications product category recorded the highest spend of N20.118 billion out of a total of N102.755 billion spent in Above- The- Line in 2011, followed by Personal Paid announcement with N8.654 while Entertainment, Leisure & Tourism was...

  • Posted November 7, 2012
  • 0
• 
  Ottoabasi Abasiekong: Debt Management And Economic Sustainability (17)

  The recent statistics for the EU unemployment is not pleasant, the report reveal a 11.6% surge with Spain having the highest unemployment rate of 18.6million people a terrible outlook for the European labor market and is in...

  • Posted November 2, 2012
  • 0