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  • Telecoms recorded highest ad spend in 2011

    Telecommunications product category recorded the highest spend of N20.118 billion out of a total of N102.755 billion spent in Above- The- Line in 2011, followed by Personal Paid announcement with N8.654 while Entertainment, Leisure & Tourism was...

    • Posted November 7, 2012
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  • Dangote Sugar Claims N7 billion in Fire Insurance

    Indigenous conglomerate, Dangote Group of Companies, has notified underwriters on its insurance account to prepare to settle the over N7 billion claims that may be presented to them as a fallout of the recent fire incident at...

    • Posted November 7, 2012
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  • Tantalizers Makes N243 million Loss After Nine Months

    Quick Service Restaurant chain, Tantalizers has declared a loss of N243 million after nine months of trading in the present financial year. Sales for the company over the nine month period were N3.17 billion, down 7.3% from...

    • Posted November 7, 2012
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  • Senate Comittee orders Virgin Atlantic, British Airways to pay $100m, $150m respectively

    The Senate Committee on Aviation on Tuesday initiated strong actions foreign airlines that operate in the country, which flagrantly exploited Nigerians through discriminatory fares and charges. The committee ordered the British Airways and the Virgin Atlantic Airways...

    • Posted November 7, 2012
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  • BetaSMS launches BusinessSaver App

    Selling your products or services, whether to consumers or to business, has a well defined purpose in most organizations and this purpose is to create exchanges that satisfy consumer and organizational goals.  In the case of small...

    • Posted November 7, 2012
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  • ‘Presidency Plans to Bury Ribadu Report and Cover up Corruption’

      The presidency has been accused of directly conniving with the actors involved in the faceoff of the Nuhu Ribadu-led committee to rubbish the outcome and prevent the administration from accepting and implementing the recommendations.   This...

    • Posted November 7, 2012
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  • Fed Govt to Borrow $78 million from France for Water Projects

      THE Federal Government is to receive a $77.73 million loan from the French Development Agency (AFD) to co-finance the second National Urban Water Sector Reform Project (NUWSRP2) in Cross River and Lagos states.   According to...

    • Posted November 7, 2012
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  • 5 Reasons Why President Obama won re-election

      As the World comes to the reality of the victory of incumbent President Obama in the November 6, Presidential election the Business News Global Political team have identified 5 reasons why he won. First reason was...

    • Posted November 7, 2012
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  • Foreign Airlines Must Pay $249 million Fines, Royalties – Senate

      The Senate President, Senator David Mark, on Tuesday called on the Federal Government to authorize the Federal Ministry of Justice, Nigeria Civil Aviation Authority (NCAA), and the Economic and Financial Crimes Commission (EFCC) to compel Airline...

    • Posted November 7, 2012
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  • Fuel subsidy fraud: EFCC Probes Eleven more marketers

    The Economic and Financial Crimes Commission (EFCC) yesterday probed over 11 marketers in connection with the N382 billion fuel subsidy fraud uncovered by the Presidential Committee on Verification and Reconciliation of Fuel Subsidy Payments.   EFCC acted...

    • Posted November 7, 2012
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  • President Barack Obama wins Second Term as US President

    In what kind be described as one of the most keenly contested U.S Presidential elections in American history. President Barack Obama joined his political mentor Mr William Jefferson Clinton to win a second term as President of...

    • Posted November 7, 2012
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  • 10 Nigerian multi-millionaires you have never heard of

    In the month of November, FORBES will publish its annual official ranking of the 40 richest people in Africa. A lot of research has gone into the making of this list and this year, we’ve uncovered several...

    • Posted November 6, 2012
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  • Special Report: Shaky finances rattle Nigeria’s airline safety

      Passengers arriving at Murtala Mohammed airport in Lagos could be forgiven for thinking they had stumbled into a refugee camp. In a big white tent a throng of people struggle with luggage in the sapping heat...

    • Posted November 6, 2012
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  • Jack Welch faults U.S jobs data again

      As the election begins in the United States of America, one of its corporate legends, Mr Jack Welch has once again lashed out at the October Jobs data for the consecutive month. Well why does he...

    • Posted November 6, 2012
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