Latest News
-
NCC: Telecommunication Investment Hits $25 bn
Nigeria has witnessed huge advancement in the development of the telecommunication industry with an investment profile that currently stands at about $25 billion. The commission said the Sim Card registration has been completed while the much awaited...
- Posted March 17, 2013
-
W’Bank to Launch $300m Social Safety Programme
The World Bank has disclosed plans to float a $300 million-social safety support programme which is specifically targeted at the needy in order to reduce inequality and help them from falling deeper into poverty. World Bank Director,...
- Posted March 17, 2013
-
Bank loans to grow 30 percent in 2013 – S&P
A surge in lending is likely to boost the earnings of Nigeria’s banks this year though loans are eating into capital reserves and are too concentrated in the oil sector, credit rating agency Standard and Poor’s (S&P)...
- Posted March 17, 2013
-
NCC to launch Mobile Number Portability service March 25
The Nigerian Communications Commission (NCC) said on Saturday it would launch the much- awaited Mobile Number Portability (MNP) service on March 25. Head, Media and Public Relations of the Commission Reuben Muoka, said that contrary to the...
- Posted March 17, 2013
-
Power investors pay 25% of offer ahead deadline
There is excitement in the power sector as three major preferred bidders who are said to have stake in over 60 percent of the distribution segment of the market have made requisite payments to Bureau for Public...
- Posted March 17, 2013
-
Centenary City to be listed on London Stock Exchange
With the subscription of $100milion as the capital call for the Centenary city which is being planned as part of activities for Centenary celebration, the Federal Government says plans are underway to ensure its listing on the...
- Posted March 17, 2013
-
Airtel will continue to offer innovative products to consumers – CEO
One of the leading telecommunications service providers, Airtel Nigeria, has restated its determination to continue to drive positive change in the nation’s telecoms industry by ensuring a steady stream of innovative product offerings to the market. Speaking...
- Posted March 16, 2013
-
Manufacturing is the bedrock of development – RMRDC boss
The Director-General/Chief Executive Officer, RMRDC, Prof. Azikiwe Onwualu, has said that the country may not make any reasonable progress if it fails to improve its manufacturing sector. According to him, manufacturing is the heart of development of...
- Posted March 16, 2013
-
Elumelu appointed head of DELSU Governing Council
The Delta State Governor, Dr. Emmanuel Uduaghan, has inaugurated the 7th Governing Council of the State University headed by Tony Elumelu, Charging the members to be resourceful and generate more revenue to boost academic excellence in the...
- Posted March 16, 2013
-
Lagos and Abuja listed among top 4 most expensive cities in Africa
Lagos and Abuja have been listed among the top four cities in Africa with high cost of living, according to an index released by the Economist Intelligence Unit (EIU) on 25 African cities. The key results of...
- Posted March 16, 2013
-
House of the Week: A stunning N550m seven bedroom duplex for sale at Jabi.
Our property of the week, is this elegant 7 Bedroom Duplex located at Jabi in Abuja. This stunning duplex with seven rooms, 2 sitting rooms, 2 kitchens with stores, a large dinning, lounge and gym is located...
- Posted March 15, 2013
-
Governor Akpabio demands greater economic ties among ECOWAS-member states
Godswill Akpabio, the Governor of Akwa Ibom State, on Thursday in Uyo, urged ECOWAS to foster greater economic cooperation among member states. The governor made the appeal while receiving a delegation of the ECOWAS Commission led by...
- Posted March 15, 2013
-
No going back on privatisation of power sector – FG
The Federal Government said on Thursday that there was no going back on the decision to privatise the power sector. The Minister of Power, Prof. Chinedu Nebo, said this in a statement by Timothy Oyedeji, Deputy Director/Head...
- Posted March 15, 2013
-
NSE to launch Issuers’ Portal
The Nigerian Stock Exchange (NSE) has concluded arrangements to introduce the first ever Issuers’ Portal in the Nigerian Capital Market known as X-Issuer. The new portal is one of the new regulatory initiatives of the NSE, and...
- Posted March 15, 2013