Latest News
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BBM for Android and iOS launch expected this week
The much anticipated cross-platform avatar of BlackBerry Messenger or BBM is soon expected to appear on Android devices and iPhones, with the company hosting events in Malaysia and India on September 18th, where it’s expected to offer...
- Posted September 17, 2013
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Airtel’s CEO, Ogunsanya to lead discourse at NITDEL’s lecture
As Nigeria works on the development of a policy for broadband roll out and new telecoms marketing opportunities, Airtel Nigeria’s Chief Executive Officer & Managing Director, Segun Ogunsanya, will lead discourse on the future of Nigeria’s Telecoms...
- Posted September 17, 2013
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GTBank, CEO, win 2013 award for best bank, banker
Guaranty Trust Bank Plc emerged winner of the ‘2013 Best Banking Group – Nigeria’ in the 2013 Annual World Finance Banking Awards, 2013, with the judges saying the bank scored high in innovation and product offering in the...
- Posted September 17, 2013
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Access Bank clinches overall prize in Web-Jurist award
Access Bank was recently adjudged overall winner of the 2013 Web-Jurist ‘Website Effectiveness Award’ conducted by Philips Consulting, for its consistence in the quality of service delivery via its website. The bank moved from the third position last...
- Posted September 17, 2013
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Zungeru power project cost not high – FG
The Federal Government has faulted the report that the contract for the Zungeru Hydroelectric Power Project is extremely high. It was reacting to a report indicating that the contract price was unusually high when compared with the...
- Posted September 17, 2013
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SEC appoints KPMG to handle ETI investigation
The Securities and Exchange Commission has announced the appointment of KPMG as part of its team in the ongoing investigation of Ecobank Transnational Incorporated. A statement by SEC on Sunday explained that the services of the consulting...
- Posted September 17, 2013
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External trade rose by N242bn in Q2 – NBS
The National Bureau of Statistics on Sunday said that the country recorded an increase of N242.3bn or 4.8 per cent in external merchandise trade in the second quarter of this year. The bureau, in its trade statistics...
- Posted September 17, 2013
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Dangote Cement rewards distributors with N800m bonus
For their continued loyalty, the management of Dangote Cement Plc, at the weekend announced an N800 million for distributors across the country, as their sales bonus for 2012. The distributors received sums ranging from N2 million to N60...
- Posted September 17, 2013
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Investors exchange 196.58 million shares on Monday
Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on Monday with investors exchanging 196.58 million shares valued at N2.09 billion in 4,027 deals. This was in contrast with the 186.11 million shares valued at...
- Posted September 16, 2013
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Rice farmers appeal to Plateau Government to resuscitate Shendam Agricultural Training Centre
The Plateau State Chapter of Rice Farmers Association of Nigeria (RIFAN) has appealed to the state government to urgently resuscitate the Shendam Agricultural Services and Training Centre (ASTC), as it will cater for the agricultural needs of...
- Posted September 16, 2013
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Market cap loses N97billion in 7 days
Trading activities on the floor of the Nigerian Stock Exchange, NSE, witnessed a bearish transaction last week, as all indicators recorded significant depreciation at the close of market on Friday. The market capitalisation of the listed equities...
- Posted September 16, 2013
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Investigations on alleged breach of corporate governance by Ecobank in progress – SEC
The Securities and Exchange Commission, SEC, apex regulator of the Nigerian capital market, has disclosed that its investigations into the alleged breach of corporate governance by Ecobank Transnational Incorporated, ETI, is still in progress. Information gathered from...
- Posted September 16, 2013
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Jonathan to ring closing bell at New York Stock Exchange
President Goodluck Jonathan will on September 23, become the first Nigerian leader to ring the closing bell at the New York Stock Exchange, NYSE, DailyPost can authoritatively report. The Nigerian Ambassador to the United States, Prof. Ade...
- Posted September 16, 2013
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Teasy Mobile Money partners with NURTW to drive cashless economy
As part of its mandate in facilitating the cashless policy initiated by the Central Bank of Nigeria, Teasy Mobile Money, a recently licensed mobile financial institution in Nigeria, has gone into strategic partnership with National Union of...
- Posted September 16, 2013