Latest News
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Shippers Council moves to tackle Tin Can Ports logjam
Worried by increasing congestion, allegations of arbitrary charges by terminal operators and delay in goods delivery at the Tin Can Island port, the Nigerian Shippers Council (NSC) has intervened in a bid to find a lasting solution...
- Posted September 23, 2013
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Insurance sector can enhance economic growth — NAICOM
The National Insurance Commission, NAICOM, has said that the country is much likely to attain a sustained economic growth and development if it can adapt its insurance industry with innovative ways that will bring on board the...
- Posted September 23, 2013
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Power investors decry equipment vandalism
Equipment vandalism, which has continued to plague power distribution in the country, is showing no sign of abating and experts have warned that new investors in the 10 distribution companies across the country are facing the challenge....
- Posted September 23, 2013
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Airtel named most Innovative telecoms operator
Leading Telecoms services provider, Airtel Nigeria, has been named the Most Innovative Telecoms Operator in Nigeria at an Industry Award’s event that attracted regulators, telecoms pundits, top politicians and seasoned journalists. Chaired by Nigeria’s former Vice President,...
- Posted September 23, 2013
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Foreign investments in stock exchange hit N676bn
The total amount invested by foreign investors in the Nigerian securities between January and July 2013 stood at N676bn. This amount comprises the inflows and outflows of Foreign Portfolio Investments for the period under review. Investigations by...
- Posted September 23, 2013
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Honeywell Flour to pay N1.3b dividend
The Board of Directors of Honeywell Flour Mills (HFM) has recommended the payment of N1.3billion as dividend for the year-ended March 31, 2013. The dividend, which translates to 16 kobo per share, is one kobo higher than...
- Posted September 23, 2013
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SON boss decries Nigerians’ taste for sub-standard products
The Director General of Standards Organisation of Nigeria (SON), Dr. Joseph Odumodu, has said sub-standard products might remain in the Nigerian market because manufacturers earn huge turn-over from substandard products. The director-general who was represented by his...
- Posted September 23, 2013
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Oando to publish shareholders’ names – Tinubu
The Group Chief Executive, Oando Plc, Mr Wale Tinubu, on Friday said the company would publish names of shareholders on its web site to ensure sustainable corporate governance. Tinubu said this in Lagos at a meeting with...
- Posted September 22, 2013
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Nigeria to witness downturn in crude oil export in 2014 – FG
Nigeria may witness a drastic fall in the demand for crude oil from the global market in 2014, the federal government has disclosed. This disclosure is contained in Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper...
- Posted September 22, 2013
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As Dubai property market rebounds, agents woo Nigerian investors
The property market in Dubai, is recording an upswing since recovering from the global financial meltdown. Construction work has picked up again and the traffic of interested buyers is increasing at the offices of property agents and...
- Posted September 22, 2013
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UBA leads partners for launch of Hello! Nigeria
United Bank for Africa appears set to strengthen its position as Nigeria’s premium financial services institution following its emergence as the presenting partner for the launch of Hello! Nigeria, the premium magazine franchise, targeting royalty, celebrities and...
- Posted September 22, 2013
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NUPENG to begin strike in Akwa Ibom
Oil and gas workers in Akwa Ibom have given notice to begin an indefinite strike on Monday over plans by Mobil Producing Nigeria Unlimited to sack them. The workers, under the aegis of the Nigeria Union of...
- Posted September 22, 2013
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Rivers retools CARNIRIV brand equity to attract investments
In furtherance of the strategic move by the Rivers State Government to position the state-owned Port Harcourt Carnival (CARNIRIV) as the “world recognisable and reckonable brand,” the state government has again demonstrated the marketability of its cultural brand...
- Posted September 22, 2013
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360 winners emerge at FirstBank’s the Big Splash Promo [PHOTOS]
In commemoration of 120 years anniversary of memorable banking in the country, FirstBank has rewarded the first set of 360 winners in the maiden draw of the Anniversary savings promo tagged the ‘Big Splash promo’ The event...
- Posted September 21, 2013