All posts by BusinessNews Staff

• 
  How Glo has maintained an edge in telecoms pricing

  The Nigerian telecoms industry, acclaimed as the fastest growing in Africa, has once again, come under global scrutiny on account of recent activities in the sector. The renewed interest in the country’s telephony landscape is occasioned by...

  • Posted April 19, 2011
  • 0
• 
  IMF urges budget caution in Africa

  The International Monetary Fund (IMF) is cautioning African countries to watch their spending during a year packed with elections in the region where rising food and fuel prices already pose a big threat to the poor. This...

  • Posted April 19, 2011
  • 0
• 
  Central bank goes tough on microfinance banks

  In a bid to check abuse and to tighten the regulatory environment, the Central Bank of Nigeria (CBN) has insisted that microfinance banks in the country must comply with the new reporting format.   It said in...

  • Posted April 19, 2011
  • 0
• 
  Market rebounds to N8 trillion

  The market capitalisation of equities at the Nigerian Stock Exchange, on Monday, rebounded to N8.086 trillion as investors scramble for Transcorp and banks’ stocks.   The market capitalisation had plunged middle of last month from the N8...

  • Posted April 19, 2011
  • 0
• 
  Nigerian vote could bring back foreign money

  Nigerian stocks rose their most in more than one month on Monday to the highest since mid-March as the completion of presidential elections held the promise of renewed inflows of foreign money.   Although rioting erupted in...

  • Posted April 19, 2011
  • 0
• 
  U.S. Increases Rest Time For Air Controllers

  U.S. Transportation Secretary, Ray LaHood,  said required rest time for air traffic controllers will be increased to nine hours to make sure they don’t fall asleep on the job. “We’re going to make sure that controllers are...

  • Posted April 18, 2011
  • 0
• Pigging Of Oil & Gas Pipelines

  “PIGGING” is a term used to describe the process of driving a purpose-built device through a pipeline to clean, inspect or measure certain parameters of the pipeline. The name “Pigging” is derived from the squealing noise, characteristic...

  • Posted April 17, 2011
  • 0
• 
  Nigeria’s Gas Revolution And The Trinidadian Model

  THE Federal Government of Nigeria is provoking multiple revolutions through gas, the alternative revenue earner to crude oil. This comes on the heels of the $10bn MOU signed on March 24, 2011 by the Nigeria National Petroleum...

  • Posted April 17, 2011
  • 0
• Insurer Calls For Human Capacity Building

  GROUP President of Standard Insurance Consultants, a insurance brokerage firm, Mallam Ahmed Salawudeen, has advised practitioners to imbibe the culture f training and re-training of employees to scale up manpower need and forestall capital flight in the...

  • Posted April 17, 2011
  • 0
• 
  Foundation Appoints Global Leaders As Board Members

  THE Tony Elumelu Foundation  (TEF) has announced the appointment of former Prime Ministers, CEOs, investment bankers and philanthropists, from around the world into its advisory board. The cross-section of distinguished global leaders, who represent the pinnacle of success...

  • Posted April 17, 2011
  • 0