Latest News
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Oil spill compensation: Youths plant plantain at ExxonMobil Airstrip
Members of the Eket Federal Constituency Vanguard have planted plantain suckers at ExxonMobil Airstrip along Eket Oron road, in protest against the non-payment of compensation by the oil company. The group comprises community leaders, women and youths...
- Posted October 23, 2013
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Alleged N25.7b theft: Judge assures Atuche of fair trial
Justice Lateefat Okunnu of an Ikeja High Court on Wednesday assured the former Managing Director of Bank PHB, Mr Francis Atuche, of a fair trial. Okunnu gave the assurance following the claim by Atuche’s counsel, Chief Anthony...
- Posted October 23, 2013
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NSE proposes new rules to protect investors
The Nigerian Stock Exchange, NSE, has proposed a new rule aimed at protecting investors and attracting more participation in the nation’s capital market. The proposed rule is titled ‘Rules and Regulations Governing Dealing members (Amendments and additions)’....
- Posted October 23, 2013
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FBN Life introduces ‘First Family Shield’ protection against the unexpected
FBN Life Assurance Limited in partnership with First Bank of Nigeria Limited has introduced ‘The First Family Shield’ cover in its bid to give families flexible plans to cushion effects of life’s uncertainties. The cover is an...
- Posted October 23, 2013
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Chevron communities benefit from new GMoU projects
Isaac Dorsu is a happy man. His infectious laughter starts from somewhere inside him and then comes out in a throaty roar that makes you laugh along. Ask him the reason for his mirth and he will...
- Posted October 23, 2013
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Guinness, First Bank, others adjudged best places to work
Twenty eight companies were adjudged as the best places to work in Nigeria because of their strong ethical standards and work-friendly environment. The companies include Guinness Nigeria Plc, First Bank of Nigeria Plc, Fidelity Bank Plc, GlaxoSmith...
- Posted October 23, 2013
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Apple unveils revamped iPads to beat back rivals
Apple unveiled upgraded versions of its iPads Tuesday, with more power and sleeker designs to ramp up competition against rivals who now have a majority of the tablet market. A slimmer version of its top-selling full-size tablet...
- Posted October 23, 2013
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Aviation crises: Nigerians shun domestic air travel
The crises in the aviation industry have taken a toll on activities at the domestic terminals of the Lagos airport, with airline officials lamenting low patronage in the past few days. Some airline officials told our correspondent...
- Posted October 23, 2013
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NITDA, ISACA unveil mechanism to check bank fraud
The National Information Technology Development Agency and the Information Systems Audit and Control Association (Nigeria) have developed a mechanism that will check frauds in banks and hold people accountable for whatever they do, especially in government circles....
- Posted October 23, 2013
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FG, states move to end multiple taxes, levies
The federal and state governments on Monday took a step closer to ending the regime of multiple taxes in the country as the Ministerial Implementation Committee on Multiple Taxation met in Abuja to deliberate on the road...
- Posted October 23, 2013
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Transformation Agenda: FG has surpassed targets in eight broad sectors – Maku
The Federal Government said on Tuesday that it had surpassed its growth targets in eight out of the 14 broad sectors of the Nigerian economy under the Transformation Agenda. The Minister of Information, Mr Labaran Maku, stated...
- Posted October 22, 2013
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Stock Market Watch: ASI up by 0.27% on Tuesday
Transactions at the floor of the Nigerian Stock Exchange, NSE, ended Tuesday with the All Share Index, ASI, gaining 0.27 percent or 100.14 points to close at 37,368.10 basis points higher than Monday’s closing figure of 37,267.96...
- Posted October 22, 2013
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Nine Northern states to get 420mw solar energy
The Federal Government is set to provide 420 megawatts of electricity using solar energy for nine states in the northern part of the country. The Secretary, National Energy Council, Alhaji Ibrahim Njiddah, made this known at a...
- Posted October 22, 2013
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CSCS launches new SWIFT messaging system
The Nigerian capital market is set for a major transformation as the Central Securities Clearing System (CSCS) Plc has adopted the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system to enhance transactions in the market. SWIFT...
- Posted October 22, 2013