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Thursday 15th November 2018,
Hope for Nigeria

Philips, Mitsumi bring in new lighting products

Royal Philips, the world leader in lighting, has introduced a partnership along with one of Africa’s biggest distributors, Mitsumi, in the bid to storm the Nigerian industry using its brand new lighting items. Philips announced the partnership at an unveiling [...]

July 21, 2014 Economy, Power

African Alliance dedicated to customer service delivery

African Alliance Insurance Plc has stated its dedication to customer satisfaction delivery and also immediate claims settlement. A statement from the firm on Friday said this was a way to build insurance confidence in the public. The Managing Director, African [...]

July 21, 2014 Economy

Brokers seek out more cooperation with CIIN

Mr. Ayodapo Shoderu, President of Nigerian Council of Registered Insurance Brokers, has told the Chartered Insurance Institute of Nigeria to provide additional assistance to the development of the broking business. He said this when he led a delegation of the [...]

July 21, 2014 Economy, Real Estate

NNPC seeks conversation with Senate on $262m unremitted earnings

Nigerian National Petroleum Corporation stated it will continue to discuss with the National Assembly on its directive that the company must refund $262 million into the Federation Account. The News Agency of Nigeria reports that the Naira equivalent of the [...]

July 21, 2014 Economy

Nigeria’s Amphibian Jet Car

THE Amphibian Jet Car is a transport vihicle, workable on land and also on or under the water and also on air. The vehicle is a penciled shape which is designed to tolerate rigidity on land as well as endure [...]

July 19, 2014 General

Winners List – Most Beautiful Girl In Nigeria 2014 Pageant

Miss. Iheoma Nnadi, 19 -Year-Old representative of Akwa Ibom, has appeared winner of the Most Beautiful Girl in Nigeria 2014 on Friday, 18th July 2014, in the spectacular finale that happened in Bayelsa State. The judges of the night included [...]

July 19, 2014 General

Another Number Plate Plant Started in Abuja

At Gwagawalada, Abuja, the Federal Road Safety Corps (FRSC) has got requested a brand new number plate production plant. Discussing at the event, Corps Marshal and also FRSC Chief Executive, Osita Chidoka, mentioned there was adequate investment within technology that [...]

July 19, 2014 Economy


Not long ago, the State of Lagos governor, Mr Babatunde Fashola presented “The Spirit of Lagos”. Many people began to ponder if certainly the mega city has a spirit. Whether it had or has, what type of spirit drives this [...]

July 19, 2014 General

NAICOM highlights need for appropriate rating of insurance companies

The Commissioner for Insurance, National Insurance Commission (NAICOM) Fola Daniel, on Friday stressed the necessity for operators to guarantee proper rating of insurance businesses. Daniel said that pricing competition was gradually killing insurance companies. According to him, some insurance companies [...]

July 19, 2014 Business, Economy

Nigeria Cocoa Transport Continues

Exporters have started again loading of cocoa cargo shipments throughout Nigeria's 2nd-largest producing region, Cross Rivers state, following the local government stopped on Friday a tax levy on bean exports, a trade body stated. Cocoa shipments from Cross Rivers, which [...]

July 19, 2014 Business, Economy

INNOSON’s Pioneering Role through Automotive Sector in Nigeria

The growth as well as continuing development of any modern economy relies on the industrial market, but in particular the automotive industry. From the US to Japan, Germany, and China, host of some other developed countries, the outcome of the [...]

July 19, 2014 Business, Economy

Want a surrogate mom for your baby?

Using a surrogate mom is still controversial. However, it is another option everyone has to have a baby by means of new reproductive technologies. Gestational surrogates is the latest technique that can be done by collecting the eggs from the [...]

July 18, 2014 General

Nigerian Health employees get striking physicians to the court

Nigerian physicians that have disabled activities right after their 2 weeks strike are dragged to the court by some other health employees, that have explained the move illegal. The Medical and Health Workers Union of Nigeria (MHWUN) and 4 other [...]

July 18, 2014 Environmental issues, General

Airtel Targets 18 percent Nigerian Customers as Regulators Appeased

India’s largest mobile-phone operator Bharti Airtel Ltd. (BHARTI) , targets an 18% jump in its Nigerian customer base on the final 9 months within 2014 right after regulator pressure distracted the growth beginning the year. Airtel, as the company is [...]

July 18, 2014 General

SURE -P to educate 2 million youths yearly

Every year, the Subsidy Reinvestment and Empowerment Programme (SURE-P) will team up with the Industrial Training Fund (ITF) in its Technical and Vocational Education Training (TVET) element to train 2 million youths. The Chairman of SURE-P, General Martin Luther Agwai [...]

July 18, 2014 Economy, Education

Government agencies overlapping functions affect businesses

The overlapping operations of government companies are intimidating businesses in the nation, said by the Lagos Chamber of Commerce and Industry. According to the chamber, the over-lap of regulatory and supervisory functions at both the federal and state levels has [...]

July 18, 2014 Business, Economy

FG goes to kick illegal monopolies, business practices

The Federal Government has got revealed plans to make a policy that can help to motivate competition within the domestic market and increase consumer welfare. A draft copy of the National Competitive and Consumer Protection Policy was presented to stakeholders [...]

July 18, 2014 Business, Economy

Doubt encompasses implementation of new pension law

In spite of the signing of law on Pension Reform Act, 2014 by President Goodluck Jonathan, there are concerns concerning its implementation. The uncertainties stem from the fact the operators have yet to get a clear direction on how to [...]

July 18, 2014 Business, Economy

FG grants TCN N300m for upgrade of equipment

The Federal Government gives the amount of N300m to the Nigeria's Transmission Company from the $1bn Eurobond to further improve the condition of power transmission facilities in the nation. The Director-General, Bureau of Public Enterprises, Mr. Benjamin Dikki, said this [...]

July 18, 2014 Business, Economy

Okonjo-Iweala warns CB Governors against hasty monetary launch

Dr. Ngozi Okonjo-Iweala Minister of Finance, on Thursday informed the West African Monetary Zone Council of Ministers and Governors of Central Banks against the quick kick off of the sub region monetary union. The warning is coming 24 hours after [...]

July 18, 2014 Business, Economy

BlackBerry targets Nigerian market for rebound

BlackBerry has stated the Nigerian market is essential in its strategy to progress the profit platform by 2016. It said it was focusing more on the country because the market was critical to its rebound and return to growth and [...]

July 18, 2014 Business, Economy, Telecomms

900 schools in Borno destroyed by Boko Haram

Borno State Governor, Alhaji Kashim Shettima, revealed on Thursday that around 900 schools was destroyed by Boko Haram Islamic sect within the last 3 years. The governor, who stated this during the inaugural meeting of the Steering Committee of the [...]

July 18, 2014 Environmental issues, General

Thinking of setting up a business? – 18 profitable businesses you can set up now (Part 1)

Want to earn extra income this 2014? Do you have several business ideas that you can begin from your backyard? Then continue reading. It’s more challenging to make ends meet having just one income. Therefore, many people are looking into [...]

July 17, 2014 Business, Economy

Finally, there’s a Hope to Improved Cancer Care for West African Nations

The sudden death of Professor Dora AKunyili reached most Nigerians being a rude shock. Much more confounding to a lot of of them was the statement that this type of well-known stakeholder within the health industry passed away of cancer. [...]

July 17, 2014 Health issues

German teacher kidnapped in Nigeria

On Wednesday, a German technical teacher was kidnapped in Nigeria's Adamawa state, according to media report. He was on his way to work around 7 a.m. when he was abducted at Anguwan Faransa area of Gombi town, according to the [...]

July 17, 2014 General

Ford will launch 25 new vehicles in Africa and Middle East

Ford intends to launch 25 brand new vehicles or even product upgrades in Africa and also the Middle East within the next 2 years as the US carmaker seems to get into region’s increasing economies and also growing middle-class. Jim [...]

July 17, 2014 Economy, Transportation

Trade union of South Africa vows to strengthen strike

The biggest trade union in South Africa on Wednesday promised to intensify the massive strike within the metal as well as engineering section after employers withdrew the salary offer. The unprincipled and dishonest manner in which employers have been engaging [...]

July 17, 2014 General

Nigerian Television Authority sealed off for alleged tax evasion

Yesterday, the Cross River Internal Revenue Service (IRS) closed the premises on alleged evasion of Pay As You Earn (PAYE) payment tax from 2006 up to 2012. Following the seal off with red tapes, all members of staff were forced [...]

July 17, 2014 Economy

Virgin Atlantic and Zenith Bank promote entrepreneurship

The two brightest young entrepreneurs in Nigeria have experienced a master class business from Richard Branson, right after winning a competition by British Council and Virgin Atlantic together with Zenith Bank. Over 1000 young Nigerian entrepreneurs entered the competition – [...]

July 17, 2014 Business, Economy

NSIA receives transparent rating from Sovereign Wealth Institute

During the official statement launching the 2nd quarter rankings, the NSIA for a special mention, proclaiming that the NSIA was increased to 9 points out of the probable 10 from the rating of 4 in the last rankings. This rating [...]

July 17, 2014 Economy