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  • Tin Can Customs generates N18.4bn revenue in August

    Nigeria Customs Service (NCS), Tin Can Island Port (TCIP) Command, Apapa, Lagos has said it generated N18.4 billion revenue in August 2012. In July this year the command generated N17.3 billion, things are looking good. The Public...

    • Posted September 22, 2012
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  • CBN stops banks from lending to Otedola, Dantata, 417 others

    In a move aimed at strengthening financial stability and instilling discipline in the banking sector, the Central Bank of Nigeria (CBN) has barred banks in the country from extending further credit to 113 companies and 419 directors/shareholders,...

    • Posted September 21, 2012
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  • CBN Governor, Sanusi Lamido urges restraint in oil windfall spending

    Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi, has cautioned that the windfall from the current rise in the price of crude oil in the international market should not be deployed for immediate consumption, warning...

    • Posted September 21, 2012
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  • “FG is committed to completing $823m Abuja Railway Project in 2015” – Bala

    As the good governance tour kicked off in Abuja yesterday, the Federal Government has reiterated its stance on the completion of the Abuja light rail project come 2015. The FCT Minister, Bala Mohammed, disclosed this in his...

    • Posted September 21, 2012
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  • “Aero Contractors offers the most robust distribution and payment system” – Abel Orukpe

    Airline business is not only about aircraft and air safety but also about the passengers who are the reasons why airlines exist. As a results, airline operators at all times ensure they offer their passengers before, during...

    • Posted September 21, 2012
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  • Stallion Group wins Hyundai Korea Award for Nigeria

    International conglomerate, Stallion Group, has won a major award from Hyundai Motor Company, Korea, in recognition of its excellent performance in Nigeria. Hyundai Motor Company honoured its Exclusive Nigerian distributor Hyundai Motors Nigeria Limited, during the 2012...

    • Posted September 21, 2012
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  • “Spanish football will kill itself in five years” – Football Economist

    Spanish football must either change course drastically or it will “kill itself” within five years, according to Jose Maria Gay de Liebana, Spain’s most prominent football economist. Gay de Liebana, an economics professor at the Universidad de...

    • Posted September 21, 2012
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  • “Cost of governance has soared steadily without corresponding development” – ICAN

    The President of the Institute of Chartered Accountants of Nigeria (ICAN) Mr. Adedoyin Owolabi yesterday informed all the tiers of government in Nigeria to perk up budget execution. Speaking at the one-day symposium organized by ICAN to...

    • Posted September 21, 2012
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  • Nigerian Breweries Plc soars in bullish trading

    The bullish run on the Nigerian equity market continued today with the NSE All- share index (ASI) recording its eighteenth daily gain in the last twenty sessions. The ASI reached its highest value since 6th June 2011...

    • Posted September 21, 2012
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  • Digital Communication to generate thousands of Jobs in Nigeria

    The hospitality businesses are positioning to benefit of the emergent prospects in social media, therefore it is significant for them to use digital modes to communicate with their clients said Mr. Alexander Gassuer, the Managing Director, Sheraton...

    • Posted September 21, 2012
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  • House of the Week: Astonishing N75m four-bedroom duplex for sale in Magodo G.R.A

    This four-bedroom duplex in Magodo Shangisha G.R.A is for sale. Property comes with a two-bedroom attached maid rooms, fitted kitchen and wardrobes, interlocking paving stones and a large packing lot. Magodo G.R.A is located at around the North central area...

    • Posted September 21, 2012
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  • Bank of Industry to Provide Funding to ICT Entrepreneurs

    Information and Communications Technology entrepreneurs in the country are being extended a funding line from the Federal Government. This was disclosed by Evelyn Oputu, the Managing Director of the Bank of Industry at an event in Lagos....

    • Posted September 21, 2012
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  • Ashaka Cement Books N1.26 billion in Q1, 2012 Result

    Ashaka Cement transmitted its Q1, 2012 earnings to the Nigerian Stock Exchange yesterday. The  Gombe based cement manufacturer posted a revenue of N6.2 billion, up 25% from the N4.9 billion it made in Q1, 2011. Additional income...

    • Posted September 21, 2012
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  • JP Morgan Fuels Optimism for Nigerian Bond Market

    Nigeria’s bond market is taking off as the world’s biggest underwriter of emerging-market debt adds securities from Africa’s largest oil producer to its benchmark index. Yields on 10-year naira-denominated notes have dropped 372 basis points since Aug....

    • Posted September 21, 2012
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