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  • The Netherlands to Increase FDI Inflows to Nigeria from € 8 billion to € 16 billion

    The government of the Netherlands has confirmed plans to ramp up its investment inflows into Nigeria over the short-term. The Netherlands investments into Nigeria current ly stand at € 8 billion (N 1.7 trillion). The vice-minister of...

    • Posted March 12, 2012
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  • MTN faults move for compulsory listing of firms

    THE ongoing clamour to list major companies in the telecommunications, power, oil and gas sectors of the economy through legislation was yesterday, opposed by MTN Nigeria. The company also emphasised need for greater depth of the Nigerian...

    • Posted March 9, 2012
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  • New national policy on automobile out soon – Aganga

    The Minister of Trade and Investment, Mr. Olusegun Aganga, on Thursday said the Federal Government would soon unveil a new national automobile policy to help reposition the automotive industry and boost its contribution to the country’s Gross...

    • Posted March 9, 2012
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  • Four ex-perm secs, 28 others arrested for N67bn pension fraud

    No fewer than 32 public servants and private sector employees have been arrested by the Pension Reform Task Force for allegedly swindling the Federal Government retirees of about N67bn pension funds. The task force comprises of operatives...

    • Posted March 9, 2012
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  • Pension Scam Investigator Ordered Arrested for Embezzlement

    The Senate has ordered the arrest of the Chairman, Pension Reform Task Team, Mr. Abdulrasheed Maina and ordered the Inspector General of Police to produce him this morning by 10am. This comes following allegations that the Chairman...

    • Posted March 9, 2012
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  • Nigerian Stock Exchange Watch: Consumer Stocks Take the Market to 7th Day Consecutive Gains

    Market observers have to be pleased with the current state of affairs at the Nigerian bourse. The All Share Index gained again today for the seventh consecutive day. On the back of a strong performance by the...

    • Posted March 8, 2012
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  • Land Rover Evoque Goes Topless

    Land Rover has won the hearts and changed the minds of many jaded auto journalists at the 2012 Geneva Motor Show with the new Range Rover Evoque convertible concept. This is no Nissan Murano soft-top. The black metallic model has been permanently...

    • Posted March 8, 2012
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  • Ondo Commissioner arrests GM Oil company over mismanagement of fund, is demanding for N500,000 monthly-GM

    The Ondo State Commissioner for Industry and Commerce, Mr. Tayo Akinjomo has ordered the arrest of his brother who is the General Manager of Okitipupa Oil Palm Plc, Mr. Henry Olatujoye over the mismanagement of the company....

    • Posted March 8, 2012
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  • Nigeria Deports 42 South Africans

    The Federal Government yesterday continued to match its words with action by repatriating 42 South African, who had arrived the country. Yesterday’s deportation brought the number of South Africans who had been deported to 136. The deportation...

    • Posted March 8, 2012
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  • Society of Women Accountants of Nigeria Hold Annual Youth Career Fair

    The Society of Women Accountants of Nigeria (SWAN), a division of the Institute of Chartered Accountants of Nigeria (ICAN) held its annual youth career fair in Kings College on Tuesday. This year’s career fair was sponsored by...

    • Posted March 8, 2012
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  • Forbes Richest in the World List features Dangote and Adenuga

    The most recent Forbes richest list includes two of Nigeria’s brightest business stars. Dangote is the richest Nigerian on the list with a reported worth of $ 11.2 billion (N 1.8 trillion). According to the Forbes report,...

    • Posted March 8, 2012
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  • Subsidy Committee Findings to be Released in Two Weeks

    The Chairman of the ad-hoc Committee investigating the fuel subsidy imbroglio in the country has stated that the committee’s findings will be released within two weeks. Speaking to journalists in Abuja yesterday, Hon. Farouk Lawan stated, “The...

    • Posted March 8, 2012
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  • Amuwo-Udofin Local Government Initiates Road User Charge

    The Amuwo-udofin local government which consists of the popular FESTAC township area of Lagos State has developed and launched a road user charge scheme which will see commuters in the area pay a specified amount for using...

    • Posted March 8, 2012
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  • Nigerian Stock Exchange Watch: Market Crosses 21,000 Threshold to Investors Delight

    The Nigerian Bourse crossed the 21,000 Threshold today on the back of gains in the Infrastructure, Consumer Goods and Oil and Gas sectors. The All Share Index appreciated by 0.68% to close at 21,068.34. Dangote Cement, the...

    • Posted March 7, 2012
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