Latest News
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FIRST NATION AIRLINE BEGINS FLIGHTS OPERATION
FIRST NATION AIRLINE begins flight operation followed the receipt of its Air Operator’s Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA),The FirstNation Airline would commence its Lagos-Abuja- Lagos operation. The airline’s Head of Corporate Affairs, Mr...
- Posted November 2, 2011
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Airtel Nigeria slashes international call rates
Airtel Nigeria has introduced an international call rate bundle offer worth N8.33 (about US $0.056) per minute to any of the listed destinations. The International call bundle offer is structured into three categories: N500 (about US $3.14), N200...
- Posted November 2, 2011
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NNPC, PPPRA overdraw subsidy by N1.079tr in nine months – RMFAC
Drama, accusations and rising temper characterised yesterday’s investigation by the House of Representatives into the non-remittance of N450 billion into the Federation Account. Federal Government top officials openly disagreed and confronted each other over the operations of the Nigerian...
- Posted November 2, 2011
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Corporate Social Responsibility, not for Literature?
Editor’s note: This guest post is written by Michael O. Irene, he is working on his first piece of fiction, The Judging Seeds. Currently, he is enrolled for a PHD in Creative Writing at Anglia Ruskin University, Cambridge. “Nigerians don’t...
- Posted November 2, 2011
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Standard Organisation gives 14 days ultimatum for Products Registration
The Standard Organisation of Nigeria (SON) gives an ultimatum of 14 days for importers and manufacturers of goods to register their products with the organisation, this exercise is in its pursuit of its zero tolerance policy on...
- Posted November 2, 2011
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Fidelity Releases 3Q Earnings, Fails to Disappoint
Fidelity Bank Plc has not disappointed with its unaudited 3Q numbers. Gross Earnings were up 15% to N 47 Billion from N 40.9 Billion at the end of September 2010. Profit before Tax was up 3% to...
- Posted November 1, 2011
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All Share Index Down Marginally in Day Trading
The Stock Market ceased its five day consecutive winning streak as it returned to the bears today. The All Share Index shed 47 basis points today to close at 20,837.58. The banking sector went fully to the...
- Posted November 1, 2011
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Unity Bank 3Q Numbers Fail To Excite, Stock Down Big
Unity Bank, one of the banks operating under the National banking license issued by the CBN, has released its 3Q results. Earnings fell 26% to N 30.8 Billion from N 41.6 Billion at 3Q, 2010. Profit Before...
- Posted November 1, 2011
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Cadbury 3Q Numbers In, Revenue and Profit Take A Hit
Cadbury Nigeria Plc released its unaudited 3Q results today. The numbers were not striking as turnover plummeted 16% to N 20.7 Billion from N 24.7 Billion at 3Q, 2010 Profit before tax also fell to N 1.78...
- Posted November 1, 2011
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Dangote Sugar Releases Weak 3Q Results
Dangote Sugar, subsidiary of the world famous Dangote group has released its 3Q earnings that are sure to leave a bad taste in the mouth of its investors. The leading manufacturer of the raw ingredient used to...
- Posted November 1, 2011
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Messi vs Ronaldo vs Rooney – who will emerge the World best footballer?
On January 9th 2012, at a gala night, FIFA will announce the top footballer for the year. In a build up to that event, the world football governing body has released a shortlist of players. Once again,...
- Posted November 1, 2011
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HOUSE OF TARA – Story of the Make-Up Genius
How I Did It from hobby to makeup business success. Beauty sells but we shouldn’t sell products we should learn from Steve Jobs, like he would advise us sell ‘dreams’. Tara sold dreams of beauty to a world...
- Posted November 1, 2011
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We Back SERAP On Demand For Fuel Subsidy Manifest
By now federal government should have taken personal failure of fuel subsidy which has become a malignant tumour in our national life. This will arguably show a reflection of her values and emotional makeup. Present realities point...
- Posted November 1, 2011
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CBN May Devalue Naira to 155-156 Per Dollar – Sanusi
Nigeria’s central bank may lower its official target for the naira to 155-156 per dollar and aim to keep it stable around that level over the next year, Governor Lamido Sanusi said. “We think at this point...
- Posted October 31, 2011