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  • Security agents discover 23 illegal refineries In Anambra

    The General Officer Commanding (GOC) 82 Division, Nigerian Army, Enugu, Maj. Gen Ashimiyu Olaniyi, has confirmed the discovery of 23 illegal refineries on the River Niger coastline at Ogbakuba Community in Ogbaru Local Government Area of Anambra...

    • Posted April 9, 2013
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  • Labour warns buyers to keep off PHCN

    ORGANISED Labour in the power sector, yesterday in Lagos, advised the companies that won the bid for, and were said to have paid 25 percent on the privatisation of Power Holding Company of Nigeria, PHCN, to stay...

    • Posted April 9, 2013
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  • Microsoft to empower Nigeria’s software developers

    Microsoft Nigeria has formally declared open its 9jApps contest in Lagos. The challenge is designed to empower local developers to take advantage of Microsoft’s new tools and resources to develop locally appealing and relevant apps for the Windows...

    • Posted April 9, 2013
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  • IMF urges 176 nations to reform energy subsidies

    Energy subsidies intended to help consumers by keeping prices low hinder government efforts to reduce budget deficits and compete with public spending on infrastructure, schools and health care, says David Lipton, first deputy managing director of the International...

    • Posted April 9, 2013
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  • Guaranty Trust Bank Plans East Africa Expansion

    The Chief Executive Officer of Guaranty Trust Bank Plc, Segun Agbaje, has said the bank would open units in Kenya, Tanzania and Uganda as it seeks to expand in East Africa. According to Agbaje, the bank will...

    • Posted April 9, 2013
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  • Lekki Port to generate $200bn, 163,000 jobs

    The managing director of Lekki Port LFTZ Enterprise, Mr. Haresh Aswani has projected that the state-of-t he-art Lekki Port project, scheduled to be operational by third quarter of 2016 will generate $200bn revenue and create 163,000 new...

    • Posted April 9, 2013
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  • Dana Air crashes fares to N15,300, plans to resume P/H route

    For standing behind the airline during its turbulent time, the management of Dana Air has announced a reduction in airfares to its loyal customers between Lagos and Abuja route. This is as National Mirror gathered that plans...

    • Posted April 9, 2013
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  • Lagos won’t take over burnt Alade Market –LASEMA

    Lagos State Government yesterday said it had no plans to close and take over Alade Market at Allen Junction, Ikeja, which was gutted by fire on Sunday night. It, however, promised to investigate the cause of the...

    • Posted April 9, 2013
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  • 3 banks earn N123.437bn from commissions

    The combined total fee-based earnings and commissions made by the trio of Guaranty Trust Bank (GTBank) Plc., Zenith Bank Plc. and Access Bank Plc. in their 2012 annual report attained a whopping N123.437 billion. Recent results presented...

    • Posted April 9, 2013
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  • Recapitalisation: We’re not eager to liquidate PMIs, MFBs -NDIC chief

    Ahead of the eight months’ extension recently given by the Central Bank of Nigeria (CBN) for primary mortgage institutions and microfinance banks in the country to meet new capital thresholds, the Nigeria Deposit Insurance Corporation (NDIC) says...

    • Posted April 9, 2013
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  • Uncertainty over sack of Aero’s HR director

    There were indications on Monday that the Director of Human Resources at embattled carrier- Aero Contractors, Mrs Temitope Fagbemi, may have been fired. She is believed to have caused the recent turmoil that forced the company to...

    • Posted April 9, 2013
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  • N4.7b fraud: Heavy workload stalls Ladoja’s case

    The criminal charge hanging on former Oyo State Governor, Rasheed Ladoja, could not go on as planned on Monday at the Lagos division of Appeal Court owing to ‘too much workload.’ The Economic and Financial Crimes Commission...

    • Posted April 9, 2013
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  • Facebook to start charging up to $15 for sending messages

    Soon, rather than later, your favorite Facebook will begin charging rates of up to 15 dollars to contact people outside their friends’ network. If you’re in the habit of sending messages to people who’re not your friends,...

    • Posted April 8, 2013
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  • Manchester United agree £120m training ground sponsorship deal

    Manchester United’s have agreed a ground-breaking deal with American insurance company AON, worth over £15m a season, for the naming rights to their Carrington training ground. From 1 July, Carrington will be known as the ‘AON Training...

    • Posted April 8, 2013
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