All posts by BusinessNews Staff

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  Nigerian Banking System is Well Positioned To Support Economic Growth – Sanusi

  The banking system is stable and well-positioned to stimulate the growth and development of the economy, the Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has said. The Governor, who spoke at the end of the...

  • Posted December 19, 2011
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  Google Reveals The Most Popular Search Terms Of 2011

  Google revealed its 11th annual Zeitgeist – the people, places, culture, and most-searched terms that shaped 2011. In the U.S., Rebecca Black- the teenager whose catchy hit Friday garnered millions of hits, late night talk show appearances,...

  • Posted December 19, 2011
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  Pinnacle signs MoU to build N39b mooring facility at Lekki Free Zone

  Pinnacle Maritime/ Oil and Gas Limited, has entered into a joint Memorandum of Understanding (MoU) with the Lekki Free Trade Zone Company Limited (LFTZC) and the China Petroleum Technology and Development Corporation (CPTDC) to build a $250...

  • Posted December 19, 2011
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  Nigeria: Picking Peace Out Of These Pieces

  Editor’s note: This guest post is written by Olusegun Dada, he is an upcoming writer, blogger and public affairs commentator.   Many factors usually lead to conflicts all over the world, but in Nigeria, the Niger Delta struggles...

  • Posted December 17, 2011
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  Nigeria Stock Exchange Lists First Gold-Backed Exchange Traded Fund Monday

  Nigeria’s bourse is to list its first exchange traded fund (ETF) on Monday, a South African gold-backed fund that will broaden the exchange’s range of products beyond equities and bonds, the stock exchange said on Friday. NewGold,...

  • Posted December 17, 2011
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  Indian BPO Firm granted Pioneer Status Incentive by FG, Gets 5 year Tax Holiday

  Spanco, a business process outsourcing firm based in India has announced that the Nigerian Investment Promotion Commission (NIPC) has granted the pioneer status incentive in respect of company`s activity in telecommunications to expand their business. Spanco has a $ 250...

  • Posted December 16, 2011
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  Over 100000 Jobs To Be Created At Ibaka Deep Seaport – Akpabio

  Governor of Akwa Ibom, Godswill Akpabio, has said that the deep seaport to be cited at Ibaka near the state’s capital, Uyo would create over 100,000 jobs for the country’s largely unemployed population. The governor who disclosed...

  • Posted December 15, 2011
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  UBA and Stanbic IBTC To Run Mobile Money Services on Globacom network

  United Bank for Africa ( UBA ) and Stanbic IBTC have announced partnership arrangements to run their mobile money services on the Globacom network. The partnership will allow the two banks to leverage the robust Glo fibre...

  • Posted December 15, 2011
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  Presidency Set To Effect Changes In BPE, Shortlists Three To Replace DG

  THERE were strong indications yesterday that the Presidency is set to implement the recommendations of the Senate Ad-hoc Committee on Privatisation on the sordid sales of some firms. But tension is building up in the Senate over the...

  • Posted December 15, 2011
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  Ikeja City Mall Opens

  Over a thousand people witnessed the grand opening of the $100 million Ikeja City Mall today, one of the biggest malls in the West African sub-region. The mall, located in Alausa, Lagos, southwest Nigeria is built by...

  • Posted December 14, 2011
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