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All posts by BusinessNews Staff

  • UNBELIEVABLE New Footage Of Gaddafi Still Alive, Trying To Fend Off Captors [GRAPHIC]

    Stunning footage of Qaddafi still alive, clearly badly beaten up, trying to fend off his captors.  

    • Posted October 20, 2011
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  • Ngozi Okonjo-Iweala
    Nigeria’s Economy to Overtake South Africa by 2018

    Nigeria’s economy has been projected to be Africa’s biggest economy by 2018, overtaking South Africa in the process. Head of Research Africa, Standard Chartered Bank, Mrs Razia Khan, stated this at the Africa Summit organised by the...

    • Posted October 20, 2011
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  • Govt rejects out-of-court settlement with Ajaokuta Steel concessionaire

    The Federal Government has rejected an out-of-court settlement of its dispute with Global Infrastructure Holdings Limited (GHIL) over the cancellation of the concession of Ajaokuta Steel Company Limited (ASCON). The Minister of Mines and Steel Development, Musa Sada,...

    • Posted October 20, 2011
    • 0
  • CBN Plans Four-Year Petroleum Imports Audit

    The Central Bank of Nigeria (CBN) is planning a four-year petroleum import review in the country. Analysts predict that the planned audit would assist the apex bank to check the movement of foreign exchange in the importation of petroleum...

    • Posted October 19, 2011
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  • President Goodluck Jonathan
    FG Issues 12,000 Mining Titles Leases

    The Mining Cadastre Office has issued out a total of 12,000 mining titles leases, it was learnt yesterday. The Minister, Musa Sada disclosed this in Abuja during the Council of Nigerian Mining Engineers and Geologists (COMEG) stakeholders’ forum on...

    • Posted October 19, 2011
    • 0
  • Airtel Nigeria Offers Service Waiver to BlackBerry Customers

    As a way of ensuring that subscribers get glued to its network, Airtel yesterday announced that it would offer its BlackBerry customers a service waiver following last week’s global outage attributed to the service provider, Research in...

    • Posted October 18, 2011
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  • Bank of Agriculture injects N1billion to micro finance banks in remote areas

    TO fast track access to finance in rural parts of the country, the Bank of Agriculture has injected N1billion for on-lending to micro finance banks in remote areas. The National Project Co-ordinator for Rural Finance Institution building...

    • Posted October 18, 2011
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  • Airtel Nigeria to raise investments in infrastructure to $1billion

    Airtel Nigeria has revealed plans to raise its investments in networks and information technology infrastructure in the country to $ 1 billion by the end of March 2012. The move, according to the company, was part of...

    • Posted October 18, 2011
    • 0
  • Review allocation formula before removing fuel subsidy – Tinubu

    Action Congress of Nigeria (ACN) national leader, Asiwaju Bola Tinubu yesterday asked the Federal Government to obey the five-year review of revenue allocation formula in line with the Constitution as a pre-condition for removal of oil subsidy....

    • Posted October 17, 2011
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  • Spectranet Nigeria launches Wireless Broadband on its 4G network

    Broadband Penetration in Nigeria has received a boost with launch of the latest fourth generation Wireless Broadband Services by Spectranet Nigeria Limited on its 4G network. Speaking at the official product launch of the network, the Chief Operating...

    • Posted October 17, 2011
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