Don't Miss


Latest News

  • Nigeria-Russia trade volume hits $250m — Envoy

    The volume of trade between Nigeria and Russia currently stands at $250m, the Russian Ambassador to Nigeria, Mr. Nikolay Udovichenko, has said. He said this on Monday in Abuja at the Nigeria-Russia Business Forum tagged, ‘Nigeria-Russia cooperation:...

    • Posted October 31, 2013
    • 0
  • Investors trade 569.49 million shares on Wednesday

    Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on Wednesday with investors trading 569.49 million shares worth N3.54 billion in 5,039 deals. This was in contrast to the 294.42 million shares valued at N3.21...

    • Posted October 30, 2013
    • 0
  • Customs wants cargo facilities at Akanu Ibiam Airport

    Nigeria Customs Service has urged the South-East governments to make concerted efforts to ensure the establishment of cargo facilities at Akanu Ibiam International Airport, Enugu. The Comptroller of Customs in Enugu State, Mr Mohammed Abbas, made the...

    • Posted October 30, 2013
    • 0
  • MainOne builds largest Tier 3 Data Centre in West Africa

    October 30, 2013: Lagos, Nigeria. MainOne, the first privately-owned subsea cable in West Africa has blazed the trail with the construction of a new Tier III + Data centre. The plan for the MainOne Data Centre, the...

    • Posted October 30, 2013
    • 1
  • Governor Fashola presents N489.7bn budget estimates for 2014 to Lagos Assembly

    The Lagos State Gov., Mr Babatunde Fashola, on Wednesday presented budget estimates of N489.7 billion for the year 2014 to the State House of Assembly. The News Agency of Nigeria (NAN) reports that the budget was about...

    • Posted October 30, 2013
    • 0
  • PAN MD advocates total ban on vehicles importation

    Mr Ibrahim Boyi, the Managing Director, Peugeot Automobile of Nigeria (PAN), has called on the Federal Government to ban importation of cars into the country. Boyi made the call in an interview with the News Agency of...

    • Posted October 30, 2013
    • 0
  • Africa’s Ecobank chairman to stand down after governance allegations

    Ecobank (ETI) said on Wednesday its chairman Kolapo Lawson will stand down with immediate effect in a bid to restore confidence in a bank rocked by governance issues. Ecobank has seen its image take a hit from...

    • Posted October 30, 2013
    • 0
  • Bayelsa Government to introduce workers biometric attendance register

    The Bayelsa Government on Wednesday said it would introduce an Automated Biometrics Attendance Register (ABAR) for workers in the eight local government areas. The state Commissioner for Local Government and Community Development, Mr James Dugo, announced this...

    • Posted October 30, 2013
    • 0
  • N300bn accrued under SURE-P – DG, Budget Office

    The Director-General of the Budget Office , Dr. Bright Okogwu, on Tuesday said N300 billion has so far accrued to the Subsidy Re-investment and Empowerment Programme (SURE-P). Okogwu made this known when he appeared before the Senate...

    • Posted October 30, 2013
    • 0
  • UBA launches Zero COT Current Account

    The United Bank for Africa Plc, (UBA), has launched a new account known as “Lion Prime” that gives account holders the opportunity to enjoy free Commission on Turnover(COT) on their transactions. A statement from the bank indicated...

    • Posted October 30, 2013
    • 0
  • Oil revenue drops by N189bn

    Revenue accruable to the Federal Government from crude oil exports dipped by N188.5 billion to N457.2 billion in August 2013, compared to N645.7 billion recorded in July. According to data obtained from the Central Bank of Nigeria,...

    • Posted October 30, 2013
    • 0
  • Experts task FG on gas supply for power

    The Federal Government has been advised to ensure adequate gas supply to all the power plants to achieve stable power supply across the country. Energy experts, who spoke exclusively to Vanguard, said that inadequate gas supply posed...

    • Posted October 30, 2013
    • 0
  • Dangote rated among 10 most valuable African brands

    As a measure of its growing influence on the continent, the Dangote Group has emerged among Africa’s top 10 most valuable brands in a survey carried out by the African Business Magazine, a pan-African business publication. In the survey...

    • Posted October 30, 2013
    • 0
  • Cash-less phase II: N20bn spent on PoS terminals

    The provision of Point of Sale terminals under the second phase of the cash-less policy in Lagos, Abia, Rivers, Anambra, Kano and Ogun states as well as the Federal Capital Territory, may have already gulped over N20bn....

    • Posted October 30, 2013
    • 0