Latest News
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CBN sets up N100bn intervention fund for women entrepreneurs
In line with its plan to boost businesses owned and managed by women, the Central Bank of Nigeria (CBN) may have set aside N100 million intervention fund for women enterprises. The Director General of Nigeria Employers Consultative...
- Posted September 23, 2012
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Arik Air back in the skies, with empty seats
Nigeria’s largest airline, Arik Air, began flying this morning with planes half empty, three days after it was grounded by a union protest over an alleged N18 billion unpaid debts to aviation agencies. Reports said, the airline...
- Posted September 23, 2012
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iComplain: Buyers of new iPhone 5 not happy with scratches
Many excited Apple customers stood in line for hours Friday to get their hands on the shiny new iPhone 5, only to discover nicks and scratches on the smartphones straight out of the box. Dissatisfied buyers took...
- Posted September 22, 2012
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19 out of 23 Arik airplanes remain grounded
Nineteen of the 23 aircraft of Arik Air, Nigeria biggest airline, remained grounded on Saturday and its average of 7000 daily passengers headed to MMA 2 to board Aero Contractors’ planes. The General Aviation Terminal, where Arik...
- Posted September 22, 2012
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PHCN is broke, Lagos & Abuja headquarters up for sale
Prior to the unbundling and total privatization of the Power Holding Company of Nigeria (PHCN), the Federal Government has put its total liabilities at N392.722 billion. This was disclosed on Monday by the Managing Director of the...
- Posted September 22, 2012
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Jonathan’s aide promises 5,000 jobs
The Special Adviser to President Goodluck Jonathan on job creation, Josephine Washima on Friday promised to create more employment based on merit for Nigerians. Ms Washima, who made the pledge at a news conference in Abuja, said...
- Posted September 22, 2012
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Nigerian Premier League marketing team begin negotiations to renew sponsorship deals
Negotiations for the renewal of various Nigeria Premier League (NPL) sponsorship rights commenced on Wednesday with the official sports drink GlaxoSmithKline (makers of Lucozade Sports), meeting with the NPL Marketing team at the Abuja office of the...
- Posted September 22, 2012
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Tastee Fried Chicken shut down over tax default
One of Nigeria’s favourite fastfood restaurants, Tastee Fried Chicken, TFC, was on Friday shut by the Lagos State Government for allegedly refusing to comply with the payment of the land use charges. The Lagos Use Charge Office...
- Posted September 22, 2012
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Okorocha refutes Allegation of Withholding N57 Billion Council Fund
Imo state governor, Owelle Rochas Okorocha has denied withholding the sum of N57 Billion, which belongs to the Local Government areas of the State. Ebere Uzoukwa, his press secretary on media said that the publication is a...
- Posted September 22, 2012
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National Public Discourse Debuts with State Police
The highly contentious issue of state policing in Nigeria will take centre stage on Tuesday September 25, 2012 when the maiden edition of the National Public Discourse holds at the Agip Recital Hall of MUSON Centre, Onikan,...
- Posted September 22, 2012
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DStv Mobile introduces the new iDrifta and Walka
DSTV, Nigeria’s biggest cable television company, recently launched the iDrifta and Walka 7 – adding up to its variety of ground-breaking devices following the current achievement of the Drifta, Drifta USB plus Walka, DStv Mobile. “The iDrifta...
- Posted September 22, 2012
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Tin Can Island Port: Nigerian Customs spawns N18.4 billion in August
Nigeria Customs Service (NCS), Tin Can Island Port (TCIP) Command, Apapa, Lagos has said it spawned N18.4 billion revenue in August. In July this year the command generated N17.3 billion, things are looking good. The Public Relations...
- Posted September 22, 2012
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Fed Govt to present Budget for 2013 on October 4
Yesterday the Federal Government pledged that President Goodluck Jonathan would present the 2013 long awaited budget on October 4. It also said that N710.4 billion on the 2012 budget has until now been released. The outline copy...
- Posted September 22, 2012
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DStv Mobile introduces new iDrifta and Walka
DSTV Company has publicized the launch of the iDrifta and Walka 7 – adding up to its variety of ground-breaking devices following the current achievement of the Drifta, Drifta USB plus Walka, DStv Mobile, “The iDrifta is...
- Posted September 22, 2012