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All posts by BusinessNews Staff

  • Scam Alert from First Bank

    The First Bank of Nigeria Plc has issued an alert alert on the activities of unscrupulous individuals who have made attempts to scam unsuspecting members of the public using its Automated Teller Machines. In a statement issued...

    • Posted January 8, 2012
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  • Subsidy removal: Expect to pay more, telecoms operators tell subscribers

    The Association of Licensed Telecoms Operators of Nigeria (ALTON) said , Friday, that subscribers should expect to pay more for telecommunications services. ALTON Chairman, Mr Gbenga Adebayo, was reacting to the fuel subsidy removal. Adebayo told the...

    • Posted January 7, 2012
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  • Is Apple losing its cool factor?

    Shock! Horror! Crisis! Apple’s iPhone was not the top selling phone at Christmas – Samsung’s Galaxy S II was. Can this be? What has gone wrong? Surely some mistake? OK – I need to declare I am...

    • Posted January 7, 2012
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  • “Soon, We Shall All Be Trekking”, How I Ate My Words – Reuben Abati

    Editor’s note: This post is written by Dr Reuben Abati, spokesman for President Goodluck Jonathan. Post was  earlier published in March 01, 2009, he is now in support of the fuel subsidy removal and apologizes for his rant below. he has since...

    • Posted January 6, 2012
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  • Fuel Subsidy Removal Poll: Vote Here http://twtpoll.com/3vdyst

    What’s your take on the fuel subsidy removal? Vote here and leave a comment.

    • Posted January 4, 2012
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  • Fed Govt signs N424b plant deal with Global Biofuels

    THE Federal Government  and Global Biofuels Limited, an indigenous bio-fuel producer,  have signed a Memorandum of Understanding (MoU) for the construction of 15 integrated bio-fuel plants in Nigeria worth N424billion. The project is expected to generate 450megawatts of...

    • Posted January 3, 2012
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  • 2012 Predictions, don’t bet on them

    It is often traditional for commentators at the end of the year to make predictions about the coming year. Since I was not born with the gift of prophecy and cannot see the future, I started a...

    • Posted January 3, 2012
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  • Have You Lost Your Job? How to Survive the Storm in a Tough Economy

    On September 20, 2010, the United States of America’s National Bureau of Economic Research announced the recession ended in June 2009. However, the Organization for Economic Cooperation and Development stated the unemployment will remain above “the pre-crisis...

    • Posted January 3, 2012
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  • Nigeria Banking Sector Outlook for 2012 by GTBank

    Nigeria Banking Sector Outlook for 2012 FG plans to spend N4.75Trillion in 2012 (up 6% from 2011) FG budget premised on average daily production of 2.48mbpd and an average price of USD70/barrel. Slight exchange rate devaluation expected....

    • Posted January 2, 2012
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  • It Is Official: Fuel Subsidy Removed, Read Full Press Release

    PPPRA Announces Formal Removal of Subsidy on Premium Motor Spirit (PMS)  Following extensive consultation with stakeholders across the nation, the Petroleum Products Pricing Regulatory Agency (PPPRA) wishes to inform all stakeholders of the commencement of formal removal...

    • Posted January 1, 2012
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