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All posts tagged "featured"

  • CBN Disburses N181bn Power, Airline Intervention Fund

    The Central Bank of Nigeria (CBN) said it has disbursed a total of N181.42 billion under its Power and Airline Intervention Fund (PAIF), as at December 31, 2012. The banking sector regulator disclosed this in a chart...

    • Posted February 7, 2013
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  • Contractors in Niger Delta threaten to attack MTN installations

    Telecommunications giant, MTN Nigeria Limited, is facing threat of demolition of its installations in the Niger Delta region over an alleged indebtedness to one of its major contractors, Procomtel Limited, that handled the construction/installations of its facilities...

    • Posted February 7, 2013
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  • I will not sign 2013 budget – Jonathan tells Reps

    President Goodluck Jonathan has told the leadership of the National Assembly that he will not sign the 2013 budget. The leadership of the Senate, that of House of Representatives and officials of Ministries, Departments and Agencies of...

    • Posted February 7, 2013
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  • Huawei, Microsoft launch cheap smartphone in Lagos

    Microsoft on Tuesday announced a partnership with Chinese manufacturer Huawei to offer an affordably priced smartphone in Africa geared toward tapping into the continent’s exploding mobile market. 4Afrika smartphone Introducing the phone at an event in Nigeria,...

    • Posted February 6, 2013
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  • NSE Market Capitalisation Increases By N121bn

    Transactions on the Nigerian Stock Exchange (NSE) maintained the upbeat trend for the second consecutive day on Tuesday with the market capitalisation appreciating by N121 billion. The News Agency of Nigeria (NAN) reports that the market capitalisation,...

    • Posted February 6, 2013
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  • Fayemi is starving local government of funds – PDP

    The Peoples Democratic Party (PDP) in Ekiti State has blamed the inability of local governments in the state to complete their five-kilometre road projects on what is said was “the stifling of the local governments of funds...

    • Posted February 6, 2013
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  • SURE-P spent N70b last year – Kolade

    The Chairman of the Subsidy Reinvestment Empowerment Projects (SURE-P) Committee, Dr. Christopher Kolade, yesterday said the work of his committee is not duplicating the activities of other Ministries, Departments and Agencies (MDAs). He said this when he...

    • Posted February 6, 2013
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  • “We are determined to create wealth for Nigerians” – President Jonathan

    Dear friends on Facebook, The determination of this administration to create wealth in Nigeria and for Nigerians has led us to focus our investment drive towards attracting Foreign Direct Investments in manufacturing and the service sector to...

    • Posted February 5, 2013
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  • UBA Introduces MasterCard for Domiciliary Accounts

    As part of its support for the Central Bank of Nigeria’s (CBN’s) cashless policy, United Bank for Africa (UBA) Plc Monday said it had added MasterCard for domiciliary accounts to its bouquet of electronic products. A statement...

    • Posted February 5, 2013
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  • Lagos to get cable car mass transit system by 2015

    For the first time in the history of Nigeria, a cable car company, Ropeways Transport Limited, is set to launch a cable car mass urban transit system in the nation’s commercial capital, Lagos. This followed the signing...

    • Posted February 4, 2013
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