Latest News

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  House of the Week: Exquisitely finished/serviced building comprising 4 units of 3 bedroom flats and 1 unit of 4 bedroom flat with a pent house

  Our property of the week is this stunning prime property located at Ikota, Lekki Expressway, Lagos. The property consists of 4 units of 3 bedroom flats and 1 unit of 4 bedroom flat with a pent house. This property is uniquely designed and tastefully finished...

  • Posted January 4, 2013
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  PRTT recovered N221bn stolen Pension Fund In 2012

  The Pension Reform Task Force Team (PRTT) is living up to its promise of recovering all missing pension funds, saying that as at 2012, it recovered N221bn of the funds stolen by those who handled the scheme...

  • Posted January 4, 2013
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  Dangote Cement Forecasts N42 billion Profit After Q1, 2013

  The management of Dangote Cement released their earnings forecast for Q1, 2013 towards the tail end of the preceding year. The company says it expects revenues to reach N81.58 billion after the first three months of the...

  • Posted January 4, 2013
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  Capacity building key to National Development – NOTAP

  Understanding the role of Innovation, Science and Technology to the development and transformation of economies, the National Office for Technology Acquisition and Promotion (NOTAP) had stressed on the need to encourage capacity building, since it is key...

  • Posted January 4, 2013
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  Airlines using old aircraft faces imminent business collapse

  Since the June 3, 2012 Dana Air crash, airlines with relatively old planes have lost a good number of their clients. It was gathered that the Dana Airplane that crashed was 22 years old. Passengers now avoid...

  • Posted January 4, 2013
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  NIBSS PoS make transaction turnover of N38.6billion in 2012

  Technology in the Financial sector had a positive experience in the year 2012 as the Nigerian Interbank Settlement Systems (NIBSS) recorded over 2 million successful Point of Sales (PoS) transactions which was valued at about N38.8billion. This...

  • Posted January 4, 2013
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  NNPC records N686 billion from sale of refined products

  The Nigerian National Petroleum Corporation (NNPC) said it made about N686 billion, from the sales of refined products from the three refineries in the Country last year. This News, as disclosed has been seen as a positive...

  • Posted January 4, 2013
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  Apple and Samsung step up competition as they explore 2013 innovations

  In a battle for supremacy and control of the Global Smartphone market, two of the leading players in the Industry, Apple Inc of the United States and Samsung Electronics of South Korea are taking their contest from...

  • Posted January 4, 2013
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  Nigerian Stock Exchange Watch: ASI (-0.21%) Drops As Cement Companies Attract Investor Fears

  The NSE All Share Index (-0.21%) dropped in today’s trading as a result of profit taking activities. The slump was also caused by a drop in investor confidence concerning cement manufacturers. Dangote Cement has said its revenue targets will...

  • Posted January 3, 2013
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  Dana Air resumes flights today

  Embattled domestic operator, Dana Air, will commence its scheduled domestic operations today with a Lagos-Abuja service. The spokesman of Dana Group, Tony Usidamen, thanked the NCAA for its support, adding that the airline would begin with a...

  • Posted January 3, 2013
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  Apex Bank Orders Cessation Of Transactions In Liquidated Banks Cheques

  The Central Bank of Nigeria (CBN) has called for the halt of the issuance or acceptance of financial instruments from liquidated banks. The banks affected under the new regulation which came into effect yesterday are Afribank Plc, Bank...

  • Posted January 3, 2013
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  First Bank Appoints CFO Adelabu To Executive Board

  The board of directors of First Bank Plc has appointed the Chief Financial Officer, Mr. Bayo Adelabu to a board position. Since he is a member of the managerial staff in his role as CFO, he becomes...

  • Posted January 3, 2013
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  Ibadan, Ore and Ilorin depots yet to get NNPC products supply

  pite the assurance from the Petroleum Minister, Mrs Diezani Allison Madueke , that in the New Year, there would be improvement in the supply of petroleum products to tackle the challenges of fuel scarcity, some parts of...

  • Posted January 3, 2013
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  ICT Ministry says there was improvement in Information Technology sector in 2012

  The Telecommunications sector ,which is second to the Oil and Gas sector in terms of revenue generation in the Country ,has come under the searchlight as the year 2013 begins. With poor Network service delivery, challenges in...

  • Posted January 3, 2013
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