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All posts tagged "featured"

  • Starcomms Posts N5.3 billion Loss

    CDMA operator, Starcomms has announced a N5.3 billion loss after nine months of operations. The company made the announcement prequel to its Annual General Meeting which is expected to take place on Friday, December 28th. The company’s...

    • Posted December 26, 2012
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  • N52 billion Unclaimed Dividends: Investor Apathy To Blame – Operators

    The Securities and Exchange Commission (SEC) has pegged the figure of N52 billion as the value of total unclaimed dividends in the country. Whilst some market participants were quick to blame registrars for complicity in the matter,...

    • Posted December 26, 2012
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  • Mobile Money Operators Given February 2013 deadline by CBN to connect to NCS

    With a  view to ensuring that efficiency is maintained in a very lucrative but sensitive sector, the Central Bank of Nigeria has given the mobile money operators in the nation the deadline of February, 2013  to link...

    • Posted December 24, 2012
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  • Onyekachi Onubogu promoted to Commercial Director at Promasidor

    Promasidor Nigeria Limited, makers of quality food products has elevated Mr. Onyekachi Onubogu to the position of Commercial Director with effect from January 1, 2013. Prior to this elevation, he had been the Marketing Director of the...

    • Posted December 24, 2012
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  • Petrol Shortage Worsens, Prices Skyrocket, and Queues Emerge, Few Hours before Christmas

    Lagos is the most hit, long queues characterized the few filling stations with the product. With many filling stations not having the product to sell, transporters, motorists and other consumers waited on Sunday at filling stations with hope and...

    • Posted December 24, 2012
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  • Anxiety Grips Bank over Power Assets Funding in the Country

    As Nigeria continues its march to experiencing a rapid transformation in the power sector through the ongoing reforms in the sector, the Banks in the country have raised concerns over the funding pattern for the power assets...

    • Posted December 24, 2012
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  • Nigerians Seek Lower tariffs and Quality service from Telcos in 2013

    As part of their expectations for the year 2013 mobile subscribers in the country have urged the telecommunications operators to come out with improved quality service for the sector and a lower tariff structure. This is a...

    • Posted December 24, 2012
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  • Secrets behind Sambo’s N16 billion Home

    Some weeks ago, the Executive Secretary of the Federal Capital Development Authority (FCDA), Adamu Ismail brought forward a request to the lawmakers, demanding for additional N9bn to complete the Vice President’s residence. The Senate Committee on the...

    • Posted December 24, 2012
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  • Ministry Workers Protest Over Non-Payment of Salaries

    The junior staffs of the ministry of Science and Technology has protested over non-payment of salaries since January. The workers expressed their grievances after the ministry refused to take them along while taking decisions about their welfare....

    • Posted December 24, 2012
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  • Foodstuff Prices Soar 24 hours to Christmas

    With barely 24 hours to Christmas, the usual the rush and bustle for final purchases before the holiday, has affected the price of foodstuffs in the market. This time the dealers are blaming the trend on the...

    • Posted December 24, 2012
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