Don't Miss


Latest News

  • Aso Savings & Loans Reports Q2, 2011 Earnings

    Mortgage lender, Aso Savings and Loans reported its earnings on the floor of the Nigerian Stock Exchange yesterday. Headline revenue took a hit, shedding 12% to arrive at N 4.87 Billion, from N 5.5 Billion over the...

    • Posted November 29, 2011
    • 0
  • Power Industry Decentralisation To Be Completed Next Year – Barth Nnaji

    The decentralisation of the power industry is expected to be completed next year, Minister of Power, Prof. Barth Nnaji, said yesterday. He also said the present administration has succeeded in adding about 1,300 MW of power to the national...

    • Posted November 29, 2011
    • 0
  • Reps To Compel Telecoms, Oil Firms To List On Nigerian Stock Exchange

    The House of Representative is considering a legislation that will compel the Nigerian National Petroleum Corporation (NNPC), International Oil Companies (IOCs) including Chevron and Shell to be listed on the Nigerian Stock Exchange (NSE). The bill would...

    • Posted November 29, 2011
    • 0
  • OVACOM Media launch Party, promises to expand the horizons

    Come this December, Entertainment and PR will be taking a different turn as OVACOM Media launches out this Thursday, 8th of December, 2011. This special event will be taking place at the upscale watering Hole, ‘THE PLACE’,...

    • Posted November 29, 2011
    • 0
  • High-Speed BroadBand And The Bad Gangs Of ISP

    There have been no more frustrating periods of my corporate life like the ones dished out to me by our internet service providers these past few weeks. Google Documents became blurred and stagnant. The visible connected bars...

    • Posted November 29, 2011
    • 0
  • Nigeria, Faith, Religiosity and The Case For Pessimism

    No other country parades the best credentials in faith, religiosity and its fervency and the flowing happiness like Nigeria. It has rendered us running into our religious places of worship when we can extract more from our...

    • Posted November 29, 2011
    • 0
  • Stock Market Watch: ASI Sheds 9 Points, AMCON Boss Promises Market Rally

    The Nigerian Stock Market tumbled in trading yesterday as the ASI shed 9 points to close at 20,103.22. Dr. Mustapa Chike Obi, Amcon Boss, has urged Nigerians to take positions in the undervalued market now. He stated...

    • Posted November 29, 2011
    • 0
  • AMCON To Recover 70% of NPLs, Promises Stock Exchange Will Rally

    The Asset Management Company of Nigeria (AMCON) has stated that it plans to recover 70 percent of the N 3.14 trillion in non-performing loans (NPLs) it is in custody of. The company has so far recovered about...

    • Posted November 29, 2011
    • 0
  • Lawmakers Promise To Compel MTN and Shell To List on Nigerian Stock Exchange in 2012

    Federal lawmakers have promised that new legislation compelling Nigerian telecommunications operators such as MTN, as well as Oil and Gas majors including Shell to list on the Nigerian Stock Exchange will be complete in 2012. The Chairman...

    • Posted November 29, 2011
    • 0
  • Nigerian Graduates Stranded Abroad

    A growing number of Nigerian graduates are stranded abroad. What seems like a chance at hitting on the storied Golden Fleece has turned out to be an energy-draining experience for them. They had conquered and broken academic...

    • Posted November 28, 2011
    • 0
  • Japan And Nigeria Partnership: From Aid To Intensifying Trade And Investment

    The past decades witnessed a Japan-Nigeria partnership which was driven by aid and volunteerism. Recent realities and researches have exposed the weakness of using aid to steer development. 21century relationships reflect and demand more than aid but...

    • Posted November 28, 2011
    • 0
  • 3-Day Workshop To Train Lawyers In Oil And Gas Matters Commences Today

    Some lawyers from the ministry of Justice have been selected for a three day workshop by the Federal Government. The workshop which commences today in Abuja is to equip lawyers numbering about 50, selected from oil and...

    • Posted November 28, 2011
    • 1
  • Unregistered Sims Cease To Work By Jan. 2012

    Communications Commission (NCC) stipulate a deadline to the registration of all sim cards used on Nigerian networks for September but postponed it due to complains of registration difficulties. NCC has disclosed the new deadline for sim card...

    • Posted November 28, 2011
    • 0
  • France to lend Nigeria $100M to grow bus network

    France is lending $100 million dollars to Nigeria to grow a fledgling bus network in sub-Saharan Africa’s largest city. The French Foreign ministry said in a statement Friday that the funds will go toward Lagos’ $330-million urban...

    • Posted November 27, 2011
    • 0