All posts tagged "featured"

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  Jonathan Sacks BPE Boss over $23.6m Transmission Company of Nigeria Contract

  The Bureau of Public Enterprises (BPE) boss, Ms. Bolanle Onagoruwa was sacked yesterday by President Jonathan following the flip-flopping over of the $23.6m Transmission Company of Nigeria contract awarded to Canadian firm, Manitoba. A source close to...

  • Posted November 28, 2012
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  Nigeria Stock Exchange Watch: GlaxoSmith (+4.98%) Continues Winning Streak as ASI (+0.01%) Gains Marginally

  Glaxo Smith Kline (+4.98%) continued its winning streak as its parent company continues to increase its stake in its Nigeria subsidiary. The rest of the market was relatively flat. Across the banking sub-sector Sterling Bank (+4.03%), Access...

  • Posted November 27, 2012
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  NERC and USAID Partner on Power Roadmap Conference

    As part of its resolve to ensure that Nigeria’s quest to boost its power supply  is fully utilized, the Nigerian Electricity Regulatory Commission (NERC) says it will host a strategic session for potential investors and stakeholders to...

  • Posted November 27, 2012
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  EFCC Insists N1.4 billion Subsidy Fraud Suspects Must Face the Law

  The Economic and Financial Crimes Commission (EFCC) yesterday told a Federal Capital Territory High Court that it has sufficient proof to put three suspects on trial for alleged N1.4billion fuel subsidy fraud. The N1.4b subsidy fraud suspects...

  • Posted November 27, 2012
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  Ibaka Deep Sea Port Project Delayed by Legal Challenges

  The commencement of work on the Ibaka deep sea port may suffer a protracted setback if the Chairman of Mercury Maritime Concession Company Limited Rear Admiral Okoja (rtd) continues with his  legal challenge of  the project . His grievance is...

  • Posted November 27, 2012
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  Price of Rice Hiked 20% as FG Clamps Down on Imports

  As a result of the Federal Government’s  agricultural policy to stop the importation of rice and encourage its local production the price regime  has been affected by an increment of 20%. The price which used to be pegged...

  • Posted November 27, 2012
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  Opposition, Civil Groups Chide Jonathan on N5 trillion Loot

  The Congress for Progressive Change (CPC) and Civil rights groups on Monday poked President Goodluck Jonathan over the rising level of corruption in his administration The groups comprising the Voters Assembly and Coalition Against Corrupt Leaders made...

  • Posted November 27, 2012
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  Unilag Students Dazzle Africa Win Google Business Competition

    Three Students of the University of Lagos Willie Aniebet, Bolutife Ogunsola,and Michael Adeyeri  have put their names in gold, making their University proud as they  emerged winners of the Google Apps Developer Challenge for the Enterprise/Small Business Solutions...

  • Posted November 27, 2012
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  Nigerian Stock Exchange Watch: ASI (+0.15%) Begins Week on Positive Note

  The All share Index started the week off on a slightly positive note with a gain of 0.15%. The Index closed at 26,360.55 whilst the market capitalization steadied at N8.39 trillion. Guinness (+0.08%) and Nigerian Breweries (+1.41%) were...

  • Posted November 26, 2012
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  How First Bank’s Delisting on the NSE Affects your Shareholdings

  First Bank delisted its shares from the Nigerian Stock Exchange last week Friday, and listed the shares of its holding company, FBN Holdings Plc. The move came in response to regulation from the Apex bank which ordered...

  • Posted November 26, 2012
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