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All posts tagged "headline"

  • Airtel alleged illegal lottery: Court joins NCC as defendant

    A Federal High Court in Lagos has joined the Nigerian Communications Commission, NCC, as a defendant in a suit seeking to revoke the operating licence of Airtel Nigeria Limited for allegedly operating an illegal lottery. Trial judge,...

    • Posted March 19, 2013
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  • Reps frustrate NNPC’s effort to cover finances of 16 subsidiaries

    The House of Representatives, yesterday, frustrated efforts by Nigerian National Petroleum Corporation, NNPC, to cover the financial records of its 16 subsidiaries. This was disclosed by Chairman of the House Committee on Finance, Abdulmumuni Jibrin, during an...

    • Posted March 19, 2013
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  • Dana Airline resumes operations

    The Minister of Aviation, Stella Oduah, on Monday disclosed that the suspension placed on Dana airline operation has been lifted and that the company can resume flights immediately. In a statement released by her Special Assistant on Media, Joe...

    • Posted March 19, 2013
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  • NCC says telecommunication investment has hit $25billion

    Investment in the telecommunication industry is in the region of $25billion, the Nigerian Communications Commission said at the weekend. The NCC DG Dr. Eugene Juwah, added that there are over 113million telephone lines, compared with about 450,000...

    • Posted March 18, 2013
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  • Brokers to pay N2.5m for revoked licence

    NATIONAL Insurance Commission (NAICOM) has warned that any broker that loses its licence as a result of infraction would be asked to pay a penalty of N2.5 million. The Commissioner for Insurance, Fola Daniel, made this known...

    • Posted March 18, 2013
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  • FG renames Ministry of Trade and Investment

    The Federal Ministry of Trade and Investment has been renamed Federal Ministry of Industry, Trade and Investment (MITI), with effect from March 9, 2013. The new identity was said to have been informed by the need to...

    • Posted March 18, 2013
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  • Jonathan seeks private sector’s support for centenary project

    PRESIDENT Goodluck Jonathan has enjoined chieftains of the organised private sector to support the Nigerian Centenary Project, especially the celebrations designed around the key concepts of unity, indivisibility, virility, progress and promise of the Nigerian Federation. Speaking...

    • Posted March 18, 2013
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  • Sterling Bank plans model branches, records improved deposit base

    STERLING Bank Plc has concluded plans to build about 40 ‘model’ branches and remodel existing ones in high profile locations, a strategy, which it said was aimed at ensuring that its customers get quality service at the...

    • Posted March 18, 2013
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  • DPR to revoke licences of undeveloped oil marginal fields

    THE  Department of Petroleum Resources (DPR) has given owners of under-developed marginal fields the next one-year to put the fields into production or lose their operating licences granted by the agency. Director of DPR, Osten Olorunsola, who...

    • Posted March 18, 2013
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  • BlackBerry plans security feature for Android, iPhone

    BlackBerry will offer technology to separate and make secure both work and personal data on mobile devices powered by Google Inc’s Android platform and by Apple Inc’s iOS operating system, the company said on Thursday. The new...

    • Posted March 17, 2013
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