Latest News
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FG yet to provide Authority necessary for full control of TCN – Manitoba
Manitoba, the Canadian firm appointed by the Federal Government for the three year management of the Transmission Company of Nigeria (TCN) has said that they are yet to be given the delegated authority necessary to assume full...
- Posted November 5, 2012
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G-20 Tell America to tackle Major Fiscal Challenges
The importance of the U.S Presidential elections to the globe has been highlighted this week as finance ministers of the Group of 20 nations meet in Mexico city. Their major concern beyond who wins the election on Tuesday,...
- Posted November 5, 2012
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American and Chinese Leaders Make Last Minute Preparations for Elections
Barely 24 hours to an historic U.S Presidential Elections both Incumbent President Barack Obama and Governor Mitt Romney have taken real time tours to swing states to press home their points on why they should be elected...
- Posted November 5, 2012
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Agricultural Extension: FG empowers 700 women and youths in Imo State
A total number of 700 women and youths are presently receiving training in Imo State on how to make bread, biscuits, and cake from cassava. The programme is sponsored by the Federal Ministry of Agriculture, under its...
- Posted November 3, 2012
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Nigeria will stop importing fuel in 10 years time – President Jonathan
The President yesterday declared that, the country will end the importation of petroleum products 10 years from now. He said those in government should be regarded as failures if they fail to achieve this. President Jonathan made...
- Posted November 3, 2012
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Committee face-off: The ball is in Jonathan’s court – Ribadu
The Chairman, Petroleum Revenue Special Task Force, Nuhu Ribadu, and his deputy, Steve Orosanye openly exchanged words at the presidential villa, during the presentation of the Special Task Force committee’s report. The confrontation began when Ribadu attacked...
- Posted November 3, 2012
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Airtel Nigeria appoints Segun Ogunsanya as new chief executive
Mr. Segun Ogunsanya was yesterday appointed the Chief Executive Officer of Airtel Networks Ltd, Nigeria (Airtel Nigeria). The announcement was made by Bharti Airtel. Mr. Ogunsanya, the new CEO will report to Manoj Kohli, CEO (International), and Joint...
- Posted November 3, 2012
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Nigerian Stock Exchange: ASI (-0.16%) as Market Capitalization Slides to $53.92 billion
The Nigerian Stock Exchange slid by 16 basis points on the back of poor performances across several sectors. The market breadth was also below 3Q averages as 218 million shares valued at N1.54 billion exchanged hands. Dangote...
- Posted November 2, 2012
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Ottoabasi Abasiekong: Debt Management And Economic Sustainability (17)
The recent statistics for the EU unemployment is not pleasant, the report reveal a 11.6% surge with Spain having the highest unemployment rate of 18.6million people a terrible outlook for the European labor market and is in...
- Posted November 2, 2012
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Dangote Cement Appoints Tim Surridge Chief Financial Officer
Dangote Cement PLC (DANGCEM-NL, “the Group”), Nigeria’s largest cement producer, has announced that Tim Surridge has joined the Group as Chief Financial Officer. He will also join the Board of Dangote Cement. Formerly a partner at KPMG,...
- Posted November 2, 2012
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Jonathan Ive gets nod to handle Apple designs
The cutting edge Apple Corporation has over its competitors is its ability to make unique designs that are user-friendly and woo technology savvy people to its products. So to coordinate, manage and lead the designing and making...
- Posted November 2, 2012
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Obama gains auto-makers confidence ahead of elections
With less than four days to the biggest election on earth, the U.S Presidential elections, the Automakers have given President Barack Obama a thumps up and their maximum support ahead of the elections. In 2009 President Obama...
- Posted November 2, 2012
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CAC commences 24-hour business registration in Lagos and Abuja Offices
Nigeria, on Thursday, recorded a major boost in its Investment Climate Reforms Programme, as the Corporate Affairs Commission, a parastatal under the Ministry of Trade and Investment, officially commenced its start-to-finish 24-hour business incorporation service. What this...
- Posted November 2, 2012
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FG to provide $1bn guarantee for local airlines
The Federal Government is set to provide bank guarantees to enable indigenous airlines to buy new and serviceable airplanes. Plateau State Governor, Mr. Jonah Jang, disclosed this to State House correspondents at the end of the National...
- Posted November 2, 2012