All posts tagged "headline"

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  Pipeline protection contracts: Jonathan is rewarding terrorism in Niger Delta – Mohammed

  Elder statesman and Second Republic lawmaker, Dr. Junaid Mohammed,Wednesday took on President Goodluck Jonathan for allegedly awarding multi-million Naira pipeline protection contracts to the Niger Delta militants of Ijaw extraction. He described the action as illegal and...

  • Posted May 2, 2013
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  Globacom signs $500m network expansion agreement with ZTE

  Nigeria’s telecommunications giant, Globacom has taken its network expansion project a notch higher, as it signed a $500 million network modernization and expansion contract with leading telecom vendors, ZTE Corporation. The Company had last Friday signed a...

  • Posted May 2, 2013
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  Nigeria, EU sign N18bn financing agreements

  The European Union on Tuesday signed €89m (about N18bn) financial agreements with the Federal Government to support the country’s health and water programmes as well economic growth. The Secretary, National Planning Commission, Mr. Fidelis Ugbo, signed the...

  • Posted May 1, 2013
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  FG misappropriated N1.5tn in Special Funds Accounts –Senate

  The Senate on Tuesday considered the report of its Committee on Public Accounts, which detailed how the sum of N1.51tn in the Special Funds Accounts mismanaged by the Federal Government between 2002 and 2012, concluding that poor...

  • Posted May 1, 2013
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  Reps probe banks, courts over funds of dead Nigerians

  THE House of Representatives, yesterday, passed a resolution to probe delays usually encountered by relatives of deceased Nigerians while attempting  to have access to the funds of their departed loved ones. In order to enable the House...

  • Posted May 1, 2013
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  FCTA, Millard Fuller to build 5,000 low-cost houses in FCT

  Succor is on the way for the urban poor and low income earners in the Federal Capital Territory, as the Administration has approved and released a 4.6 hectares land in Mamusa District for the construction of 5,000...

  • Posted May 1, 2013
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  Diamond Bank posts N22billion profit

  DIAMOND Bank Plc has grown its profit after tax (PAT) for the 2012 financial year by over 250 per cent to N22.1 billion as against theN13.9 billion loss achieved in 2011. The bank’s profit before tax (PBT)...

  • Posted April 30, 2013
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  Skye Bank grows first quarter earnings by 25%

  SKYPE Bank Plc has posted gross earnings of N34.7 billion in the first quarter of 2013 against N27.8 billion recorded in the same period of 2012. The performance represents a 25-per cent year on year improvement, just...

  • Posted April 30, 2013
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  Union Bank’s earnings rise by 33%

  Union Bank of Nigeria Plc has recorded a 33 per cent rise in its gross earnings for the financial year ended December 31, 2012. Its full year results, released to the Nigerian Stock Exchange on Monday, showed...

  • Posted April 30, 2013
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  Enterprise Bank records N40bn gross earnings

  Enterprise Bank Limited became the first among the bridged banks to make public its financial reports as it revealed that its gross earnings increased significantly to N40.4billion as at December 2012,  compared to the N10.5 billion achieved...

  • Posted April 30, 2013
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