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  • 2011 Bonga oil spill: 80 communities accuse SNEPCo of falsifying result

    EIGHTY oil producing communities in Warri North and Warri South-West Local Government Areas of Delta State, yesterday, alleged that Shell Nigeria Exploration and Production Company Limited, SNPECo, fabricated the result of samples of oil, soil and surface...

    • Posted May 16, 2013
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  • Banks Must Expand their Loan Portfolio to include MSMEs – Ihejiahi

    The Managing Director of Fidelity Bank Plc, Mr. Reginald Ihejiahi, has called on deposit money banks (DMBs) to put in place a process that will ensure that micro, small and medium enterprises (MSMEs) have speedy access to...

    • Posted May 15, 2013
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  • Stock Market Moves 91% Close to 2008 Peak

    Riding on the back of impressive financial results and growing investor confidence, the Nigerian stock market has moved 91 per cent close to its 2008 peak with the market capitalisation closing at N11.49 trillion last Monday. Following...

    • Posted May 15, 2013
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  • Subsidy fraud: How we got Arisekola’s son, others –EFCC

    The Economic and Financial Crimes Commission (EFCC), yesterday told a Lagos High Court sitting in Ikeja how the N1.1 billion subsidy fraud committed by Abdullahi, son of Aare Musulumi of Yorubaland, Alhaji Abdul-Azeez Arisekola-Alao and his company...

    • Posted May 15, 2013
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  • Google CEO, Larry Page Explains What Happened to His Voice

    For the first time in nearly a year, Google Chief Executive Officer Larry Page is publicly addressing a question about his personal health: why he lost his voice and continues to speak more hoarsely than is normal. Here’s...

    • Posted May 15, 2013
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  • Nokia/Airtel launches Lumia 520 and 720 phones

    In line with its commitment to connect the next billion users through great mobile products, Nokia has introduced two new affordable smartphones under its popular Lumia range, namely the Nokia Lumia 520 and Lumia 720. The new...

    • Posted May 15, 2013
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  • BlackBerry Messenger to be available on iPhone and Android

    Research In Motion unveiled a lower-cost BlackBerry aimed at consumers in emerging markets on Tuesday, and said it will offer its once-popular BlackBerry Messenger service on iPhones and devices running Google’s Android software. CEO Thorsten Heins said...

    • Posted May 15, 2013
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  • Increasing external debt is inimical to the economy – Nzekwe

    Dr Samuel Nzekwe, a former President, Finance Houses Association of Nigeria (FHAN), on Tuesday said that the rising external debts of Nigeria could lead to further depreciation of the naira. The Debt Management Office (DMO) has put...

    • Posted May 15, 2013
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  • TECNO Q1 hits competition, targets youths, plans Nigeria factory

    Developed in France and targeted towards the aspirational youth African market, the TECNO  Q1 is everything in a smart phone. It sports a 2.6-inch display at 480×320 pixels, has a 5-megapixel camera, 4Gb built-in memory and 512...

    • Posted May 15, 2013
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  • eWorld rallies industry for telecoms day celebration

    A leading ICT magazine, eWorld is collaborating with the Nigerian Communications Commission (NCC) and National Information and Technology Development Agency (NITDA) to rally industry stakeholders to mark the 2013 Telecommunication and Information Society Day (WTISD) which comes...

    • Posted May 15, 2013
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  • Court stops Edo government from selling water project pipes

    An Edo State High Court sitting in Benin, has restrained  the Edo State Government from disposing or selling the water project pipes stacked in two places in Benin City for the water supply scheme project of the...

    • Posted May 15, 2013
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  • New Aviation Policy: NCAA threatens to sanction errant airlines

    The Nigerian Civil Aviation Authority has threatened to sanction any local or international airline operator who violates the new aviation policy introduced by the Federal Government. The authority’s acting Director General, Joyce Nkemakolam, said this on Monday...

    • Posted May 14, 2013
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  • Air Force explains cause of May 9 chopper crash

    The Nigerian Air Force had on Monday released the preliminary report on the investigation into the crashed Mi-24B helicopter of last week. The incident occurred on May 9 at the Nigerian Air Force Base, Port Harcourt, Rivers...

    • Posted May 14, 2013
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  • FG earns N179.5bn from non-oil sector

    The Federal Government earned N179.5bn ($1.136bn) revenue from the non-oil sector in the first quarter of 2013, driven mainly by receipts from the industrial sector, the Central Bank of Nigeria has said. The bank revealed this in...

    • Posted May 14, 2013
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