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  • Nigerians spent N223billion on phone calls in 2012 – NCC

    Nigerians spent N223 billion or about N22.3 billion minutes talking on telephone in 2012, according to information provided by a global consulting firm, Price- WaterHouseCooper (PwC). This figure was attributed to the over 110 million active telecoms...

    • Posted February 5, 2013
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  • Interswitch rewards Verve card users in loyalty programme

    Interswitch Nigeria recently held its loyalty program for Verve card users tagged ‘Reward money’ at the ground floor of Surulere shopping mall popularly known as Shoprite on the 1st of February 2013. Reward money is aimed at...

    • Posted February 5, 2013
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  • FG may dump Ribadu’s report on oil industry

    There are strong indications that the Federal Government has commenced moves to kill the report of the Petroleum Revenue Special Task force headed by ex-boss of Economic and Financial Crimes Commission, Nuhu Ribadu. Three months after the...

    • Posted February 5, 2013
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  • Port Harcourt Refinery Rebounds with 17m Litres Per Day

    The Nigerian National Petroleum Corporation (NNPC) has recorded initial successes in the expected rehabilitation and upgrade of the 210, 000 barrels per day plant of the Port Harcourt Refinery Company (PHRC), with the fixing of the Nitrogen...

    • Posted February 5, 2013
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  • Savannah Sugar Acquisition Lifts Dangote Sugar’s Share Price

    Shares in Dangote Sugar Refinery (DSR) Plc closed firmer yesterday as investors reacted positively to the company’s acquisition of 95 per cent stake in Savannah Sugar Company Limited (SSC), which is expected to boost the revenue of...

    • Posted February 5, 2013
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  • UBA Introduces MasterCard for Domiciliary Accounts

    As part of its support for the Central Bank of Nigeria’s (CBN’s) cashless policy, United Bank for Africa (UBA) Plc Monday said it had added MasterCard for domiciliary accounts to its bouquet of electronic products. A statement...

    • Posted February 5, 2013
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  • Don Simon fruit juice makes a return to Nigeria market

    Ekulo International limited in conjunction with J. Garcia Carrion S.A of Spain has announced the comeback of once the favorite choice of Nigerians, the Don Simon fruit juice. The juice which used to dominate the Nigerian market...

    • Posted February 4, 2013
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  • Governor Dickson presents N500m cheque to pensioners in Bayelsa

    Bayelsa State Governor, Seriake Dickson, has kick started the payment of pensions and gratuity to the retirees in the state with the presentation of N500m cheque in fulfillment of his promise. Presenting the cheque to the state...

    • Posted February 4, 2013
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  • MASSOB introduces ‘Biafran Income Tax’

    The Movement for the Actualisation of the Sovereign State of Biafra, MASSOB, yesterday said it will start collecting Biafran Income Tax from Ndigbo, beginning from February 16, 2013. The new move by MASSOB was contained in a...

    • Posted February 4, 2013
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  • Lagos to get cable car mass transit system by 2015

    For the first time in the history of Nigeria, a cable car company, Ropeways Transport Limited, is set to launch a cable car mass urban transit system in the nation’s commercial capital, Lagos. This followed the signing...

    • Posted February 4, 2013
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  • Consumers in Lokoja owe PHCN N1.8billion

    As Kogi state battles with epileptic power supply, the Power Holding company of Nigeria (PHCN) has said that electricity consumers in Lokoja are owing the unit over N1.08 billion. The Business Manager of the Lokoja Business Unit,...

    • Posted February 4, 2013
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  • Presidency threatens to return 2013 budget to National Assembly

    After many meetings between the National Assembly and the Presidency on the 2013 budget, there were indications Sunday that the Presidency might throw back the appropriation bill at the legislature. The Presidency is unhappy with the final...

    • Posted February 4, 2013
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  • Subscribers lose N31bn in drop calls to telecom operators

    On a rough estimate, Nigerian subscribers may have spent well over N31.02bn on dropped and unconnected calls since January last year, owing to poor quality of services from the telecom operators. Most networks in the country claim...

    • Posted February 4, 2013
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  • Squandering of $67b reserves: Ezekwesili stands firm

    AMID denials and counter-allegations, former Vice President of the World Bank, Ms. Obiageli Kathryn Ezekwesili, has renewed her charge of government frittering $67 billion reserves, including accruals to the Excess Crude Account (ECA), in the last six...

    • Posted February 3, 2013
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