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Airlines, EU in escalating trade row over emissions
Global airlines attacked the European Union on Sunday over its plan to force them into the bloc’s emissions trading scheme, as the EU vowed to ...
FabLuxury partners Protection Plus on risk mgt
By Laja Thomas FabLuxury International has announced its partnership with Protection Plus Services, a highly prestigious private security contractor in Nigeria, West Africa. According to a ...
Qatar airways appoints new chief commercial officer
Qatar Airways has appointed airline veteran Marwan Koleilat in the newly-created role of Chief Commercial Officer. With 35 years experience in the aviation industry, Koleilat returns ...
Stockbroking firms task CSCS on share account transfer
By Rosemary Onuoha Stockbroking firms, under the auspices of Association of Stockbroking Houses of Nigeria (ASHON) has called on the Central Securities Clearing System (CSCS) to ...
Employers offer recipe for Nigeria’s ailing economy
By Emmanuel Elebeke Chemical and Non-Metallic Employers’ Federation, CANMPEF, has urged the federal government and other stakeholders in the Nigerian economy to embark on a total ...
Commonwealth Bank offers $1 credit cards, $100 cash
Australia’s Commonwealth Bank has been offering $1 credit cards with a $100 credit up front to sweeten the deal. The CB is the first Australian financial ...
CBN: We won’t depreciate naira
By OMOH GABRIEL, with Agency reports LAGOS — THE Central Bank of Nigeria, CBN, sees no need for a depreciation of the naira and will continue ...
FG to develop policies to drive investment in Nigeria
By Michael Eboh The Federal Government of Nigeria has said that it plans to develop policies and programmes to drive investment in the country and the ...
‘How CBN can enhance exports’
The Central Bank of Nigeria (CBN) has beencalled upon to come up with a policy framework aimed at protecting Nigerian traders involved in export ...
Okoli Foundation Entrepreneurial Centre for varsity
The Chike Okoli Foundation has completed its purpose-built and multi-million naira Chike Okoli Center of Entrepreneurial Studies at the Nnamdi Azikiwe University, Awka. The center, ...
Lafarge, Dangote move to crash cement price
By Udeme Clement Amid reports that cement price is beginning to crash after President Goodluck Jonathan issued a directive to manufacturers to address the skyrocketing price, ...
‘Why NCC SIM registration must capture all GSM subscribers’
A Group, Cyber Security Network, (CSN), has urged the Nigerian Communications Commission, NCC, to step up its awareness campaign for GSM subscribers to participate fully ...
Interbank rates flat, seen rising this week
Nigerian interbank rates were flat at 10.58 per cent on average this week as the market was liquid enough to support all transactions Reuters has ...
Mimiko tasks FG on investment in research
| Print | E-mail Written by Monday, 06 June 2011 Ondo State governor, Dr ...
CBN DIRECTIVE Panic sale of banks’ shares hits stock exchange
| Print | E-mail Written by Friday Ekeoba, Lagos Monday, 06 June 2011 FOLLOWING recent pronouncement by the Central Bank of Nigeria (CBN) on recapitalisation of the rescued banks, panic sale ...
Sick banks: Experts, shareholders caution CBN gov on deadline
| Print | E-mail Written by Odidison Omankhanlen, Lagos Monday, 06 June 2011 The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has been advised to weigh ...
Shareholders approve GSK’s N861m dividend
Shareholders of Glaxo Smithkline Consumers Plc have approved the proposed dividend of N861.031 million by its Board of Director, representing 90 kobo per every ...
Skye Bank flags off savings accounts promo
By Babajide Komolafe Skye Bank Plc has flagged off a sav-ings account promotion with the objective of increasing the number of savings accounts, increase the volume ...
Fashola commends Fidelity Bank for financing 14 mega watts
By Peter Egwuatu Governor Babatude Fashola has commended Fidelity Bank Plc for supporting the Independent Power Project (IPP) in the state, urging other banks to emulate ...
Interest rate rise on track despite contraction in economy
The Australian economy has suffered its worst contraction in 20 years but a surge in business investment will provide the next stage of growth and ...
NSE capitalisation appreciates further by N3bn
By Providence Obuh A slight improvement was recorded on the Nigerian Stock Exchange NSE Wednesday, as equities value represented by the market capitalisation appreciated by N2.78 ...
Customs will be ready for scanning functions of D/I – SGS boss
By Godfrey Bivbere Nigeria Customs Service (NCS) will be ready to perform the scanning function of the destination inspection scheme at the end of the agreement ...
ICAN urges accountants to be agents of transformation
Retired Maj-General Sebastian Owuama, outgoing president of Institute of Chartered Accountants of Nigeria (ICAN), has urged accountants to be agents of transformation in the new ...
BoE’s inflation predictions ‘progressively worse’
By Amaka Abayomi, with agency report The Bank of England’s inflation forecasts have become ‘progressively less accurate’, leading to questions over the effectiveness of its interest ...
CAP shows commitment for new products, unveils colour of the year
By Peter Egwuatu In line with its corporate and business strategy of enlisting as well as engaging customers towards improved life style, CAP Plc, a subsidiary ...
Sterling Bank sets four targets to improve profitability
By Peter Egwuatu In its bid to enhance profitability and shareholders value for the future,Sterling Bank Plc has mapped out four inter-related targets for 2011, even ...
Stakeholders target growth of Commercial Paper market
By Micheal Eboh Stakeholders in the financial sector has called for increased participation and cooperation of operators in the sector to ensure the revival and growth ...
Lagos port is a failed port – Former NPA Boss
By Godfrey Bivbere, Godwin Oritse & Favour John Former Managing Director of the Nigerian Ports Authority, Chief Adebayo Sarumi, has scored the Lagos port low saying ...
NPA’s revenue is on upward swing – Director
The Nigerian Ports Authority (NPA) says its revenue profile has been on the rise since the ports concession excersise. Mr Adetola Atekoja, NPA Executive Director ...
Stock market capitalisation appreciates by N12bn
By Providence Obuh Trading on the Nigerian Stock Exchange (NSE) resumed on an appreciative note, Tuesday, after a one-day public holiday declared by the Federal Government ...
T.B. Joshua: "I Would Have Halted President Mills' Death If..."
Founder and General Overseer of the Synagogue Church, Prophet T.B. Joshua says in an unusual manner, God did not reveal the death of Ghana’s President, ... Full story
Breaking News
218 Chinese, 51 Nigeriens repatriate so far – says Ghana Immigrations Service
Abidjan – Ghana Immigration Service (GIS) says a total of 218 Chinese nationals and 51 Nigeriens have been repatriated from the country as at June ...
Airtel gives police ultra-modern Police Post, patrol SUV
Lagos – In line with its corporate vision of becoming the most loved brand in the daily lives of Nigerians telecommunications services provider, Airtel Nigeria, ...
Has poverty level reduced…? ACN asks Jonathan
The Action Congress of Nigeria (ACN) has condemned the presidency’s hysterical reaction to the recent speech at the British African Diaspora Conference in London by ...
Poly Strike: FG not ready to implement agreement – ASUP
BY JOHNBOSCO AGBAKWURU ABUJA- Leadership of the Academic Staff Union of Polytechnics, ASUP, Wednesday accused the federal government of being unwilling to resolve the crisis that ...
NEMA raises alarm over severe weather in Lagos
By Bose Adelaja The National Emergency Management Agency NEMA, has predicted that Lagosians especially residents in the southern parts of the country are likely to experience ...
Designers Dolce and Gabbana sentenced to prison for tax evasion
ROME (AFP) – An Italian court on Wednesday sentenced fashion house duo Dolce & Gabbana to one year and eight months in prison for tax ...
Reinventing Community Life & Community Intelligence, Not Reprisal Attacks As Antidote Ousting Boko Haram By Oyeniyi Faleye
As I read through the tons of articles in order to get a broader picture of the Boko Haram phenomenon, it became clear to me ...
US Doctors Say Gov. Suntai Can't Function As A Normal Person
Neurological doctors treating Governor Danbaba Suntai of Taraba State in the United States have told his family and the state government footing his medical bills ...
NDLEA: Life's Easy For Drug Barons in Nigeria
An insider revealed there is a boom in Nigeria's hard drug business with serious lapses in suspects' prosecution. "It is well known that a cartel ...
Boko Haram kill teachers, students, farmers
Gunmen suspected to be members of Boko Haram sect have again stormed a private secondary school in Customs area of Maiduguri, the Borno state capital ...