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  • StarTimes debunks funding crisis

    Following speculations that StarTimes, the Chinese-owned digital payTV service provider is facing a financial crisis, which now hinders its operations across Africa, the company said it is indeed capable of providing for the local people not only digital...

    • Posted October 6, 2013
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  • World Bank estimates $21bn remittances for Nigeria

    Nigeria is among top recipients of officially recorded remittances for 2013 with an estimated $21 billion according to information from the World Bank. This is even as remittances to the developing world are expected to grow by 6.3...

    • Posted October 6, 2013
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  • Nigeria losses billions of naira through activities of fake freight forwarders – Jukwe

    The Registrar/Chief Executive Officer of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Sir Mike Jukwe, granted interview to selected journalists in Abuja recently. Our Correspondent, Chibuzor Emejor, was there. Jukwe, in this interview, spoke...

    • Posted October 6, 2013
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  • Science and Technology, SMEs need govt direct funding – Esike

    Mr. Johnny Esike, Managing Director/ Chief Executive Officer, Sykes, Energiprojekts Nigeria Limited. He is an articulate engineering icon who has made the difference in the profession without being biased. In this interview with Moses Nosike of Saturday...

    • Posted October 6, 2013
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  • SEC approves Wema Bank’s N40bn issue

    The Securities and Exchange Commission (SEC) has approved the allotment of result for the special placing of shares by Wema Bank Plc to raise N40 billion from the capital market. The bank said SEC approved the 26,667,123,333...

    • Posted October 6, 2013
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  • EFCC, NSE sign MoU to fight fraud in capital market

    The Economic and Financial Crimes Commission (EFCC) and the Nigerian Stock Exchange (NSE) on Friday expressed their preparedness to check fraud in the Nigerian capital market. The management of the two institutions made the pledge in Lagos...

    • Posted October 5, 2013
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  • Foreign investors plan $16bn investment in Delta

    The Delta State government has attracted more than 16 billion dollars worth of investment for its export free zone, which is expected to create some 500,000 jobs The state governor, Dr Emmanuel Uduaghan, said in Warri, Delta...

    • Posted October 5, 2013
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  • Government to establish $400m development finance institution

    The Federal Government has said that it will set up a development finance institution that will make access to funds easy in the economy. The institution is expected to take off in the next 18 months with...

    • Posted October 5, 2013
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  • NSE picks holes in CISI Bill

    The Nigerian Stock Exchange, NSE, has listed areas of concern in the proposed Institute of Securities and Investment, CISI Bill, currently before the National Assembly, saying that the Bill in its current state is not adequately defined...

    • Posted October 5, 2013
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  • Jonathan inaugurates 434MW Geregu power plant

    President Goodluck Jonathan on Thursday signalled the intention of the Federal Government to provide uninterrupted power supply across the nation as he inaugurated the Geregu II gas power plant. The Geregu II plant, with capacity to provide...

    • Posted October 5, 2013
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  • Airtel ranked amongst Africa’s top ten most admired brands

    Bharti Airtel, a leading telecommunications service provider with operations in 20 countries across South Asia and Africa, has consolidated its position as one of Africa’s top ten most admired global brands. A new survey conducted by the...

    • Posted October 5, 2013
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  • World Bank, French agency provide $230m for rural roads

    The World Bank and the French Development Agency have said they are supporting the development of rural communities and the modernisation of agriculture in Adamawa, Enugu, Osun and Niger states with $230m under the Second Rural Access...

    • Posted October 5, 2013
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  • Domestic debt market has increased foreign exchange flow – DMO

    The Debt Management Office (DMO) on Friday said that its domestic debt market initiative had helped to increase inflow of foreign exchange. It said that this had also contributed to the growth of external reserves and stability...

    • Posted October 5, 2013
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  • Stock Market Watch: NSE ASI dips by 0.91% on Friday

    Trading on the floor of the Nigerian Stock Exchange, NSE, ended this week with the All Share Index, ASI, depreciating by 0.91 percent or 340.86 points to close Friday at 36,925.82 basis points lower than Thursday’s 37,266.68...

    • Posted October 4, 2013
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