Senator Bala Mohammed, Minister of the Federal Capital Territory (FCT), has said that the Federal Capital Territory Administration (FCTA) has enticed N1.8 trillion ($11 billion) worth of private capital investments to the FCT as April 2010 as he assumed office. [...]
The “Download and Win promo” of Access Bank Plc has been successful and rewarded its mobile banking customers. The bank said the move was to encourage customers in the use of electronic payment channels. The winners were rewarded for downloading [...]
July 28, 2014
Business, Economy
Iheoma Nnadi defeated Twenty nine other beautiful women that represented different states throughout Nigeria, at the grand finale of the Twenty seventh edition contest of the Most Beautiful Girl in Nigeria (MBGN). The event, which took place on Friday, July [...]
Moist circumstances in the radicalised Muslim’s underwear meant 289 lives had been saved when the underwear explosive device just partly detonated. An underwear bomber’s attack on a passenger jet backfired – because he had been wearing the same explosive pants for [...]
In its dedication to eradicate terrorism as well as smoke out members of Boko Haram from their hide outs in North East and North West, the Federal Government has got ordered 40 attack as well as transport helicopters from the [...]
July 26, 2014
Business, Economy
The profitable relationship between Delta State Government as well as American oil giant, Chevron, carries elegant testimony to the truth Delta State was peaceful as well as stayed the destination of investors throughout Nigeria. Governor Emmanuel Uduaghan of Delta State [...]
July 26, 2014
Economy, Oil & Gas
The report says “With exciting new discoveries being made in many parts of the African continent, the region continues to be a beacon for investors from all over the globe looking to participate in the next frontier of oil and [...]
July 26, 2014
Economy, Oil & Gas
Nigeria became the 4th West African country to be afflicted with the Ebola virus, stating a Liberian national in quarantine in the Lagos hospital died of the disease. The virus plaguing West Africa, which has killed at least 660 since [...]
July 26, 2014
Health issues
The Department of Petroleum Resources (DPR) as well as the National Oil Spill Detection and Response Agency (NOSDRA) have accused oil company, AGIP, for throwing 469 metric tonnes of poisonous waste throughout Ndokwa East LGA of Delta State, in May [...]
July 26, 2014
Business, Economy
The new report claims that genetically-modified crops — also referred to as GM crops — would significantly boost farming in Africa. The report, released by the policy group Chatham House, claims the technology has been held back by scaremongering from [...]
Nigeria could possibly reduce the total number of polio cases to zero in the coming year and become declared clear of the disease within 2018 although a nationwide eradication campaign has already established to deal with an insurgency within the [...]
Wema Bank Nigeria plc’s half-year profit tripled more on improved productivity inspite of the regulatory headwinds stocked by the Central Bank of Nigeria’s (CBN) rise in cash reserve requirements, evaluation of the financial statement unveils. This is the most impressive [...]
July 26, 2014
Business, Economy
Chioma wants a fast methods to get many customers pay for her online tailoring services. She had tried out many methods till a friend informed her about FirstBank’s e-commerce offerings. With its FirstBank’s partnership with Paypal, the bank offers its [...]
July 26, 2014
Business, Economy
Ministry of Commerce and Industry (MoCI) has got purchased 100bags (5 MT) of rice harvested in Liberia from local rice processor, Fabrar Liberia, within the MoCI’s effort to assist the Government of Liberia (GoL) in requiring GoLentities to put aside [...]
A woman was confirmed dead as well as 8 people suffered multiple degrees of injury in a bomb blast within the New Road Motor Park, Kano. The bomb was said to have been concealed in a refrigerator that was among [...]
Keystone Bank Limited disclosed yesterday the plan to sell the subsidiaries in 3 African countries because of capitalisation problems facing the institutions. The countries are Uganda, Sierra Leone and Liberia. The Managing Director/Chief Executive Officer, Keystone Bank, Mr. Philip Ikeazor [...]
July 25, 2014
Business, Economy
No less than 2.5 million individuals travelled by train within the first half this year, said by the Nigerian Railway Corporation (NRC). This is a remarkable departure from the past as fewer passengers travelled by rail within the period under [...]
The Nigerian Bulk Electricity Trading Plc (NBET) along with the Nigeria Sovereign Investment Authority (NSIA) have closed a deal to manage the $350 million allotted to the former from the $1 billion Eurobond released in July 2013 by the federal [...]
Nigeria can be among the world’s top 20 economies by 2030 having a consumer base beyond the present population of France as well as Germany, reported by McKinsey & Co, a global management consulting firm. Nigeria, Africa’s biggest economy, may [...]
President Goodluck Jonathan canvassed yesterday for much deeper, stronger and even more supportive partnership between Nigeria as well as other Organisation of Petroleum Exporting Countries (OPEC) members. The president spoke when he had separate audiences with the new Ambassadors of [...]
July 25, 2014
Business, Economy
The Central Bank of Nigeria (CBN) signed yesterday a Memorandum of Understanding (MoU) along with the Executive Governors of Delta, Osun, Oyo, Akwa-Ibom and Borno States for the operation and also administration of the N220 billion Micro, Medium and Small [...]
July 25, 2014
Business, Economy
A doctor responsible for the ebola treatment centre within Sierra Leone was diagnosed with the ebola disease, the Health Ministry proven Wednesday. The ministry also confirmed the death of three veteran nurses of the centre in eastern city of Kenema [...]
July 24, 2014
Health issues
SABMiller, the global beer company on Thursday stated their overall beverage volumes increased by 3% throughout the 1st quarter, primarily because of strong demand from the African as well as European operations. Soft drinks and beer volumes from its South [...]
July 24, 2014
Business, Economy
BlackBerry, manufacturer of Blackberry smartphones has developed new methods that will bounce back to profits throughout the smartphone industry. The company plans to get its unique smartphones back to profitability in 2016, beginning with the launch of Blackberry Z3, which [...]
July 24, 2014
Economy, Telecomms
Paul Orajiaka, Chief Executive Officer (CEO) of Auldon Limited, has called businessmen and artists particularly those trained by the Lagos State government to benefit from the state’s micro credit fund to build their business and make employment for other people. [...]
Unity Bank Plc has got announced the disengagement of more than 170 personnel. The bank likewise revealed that it lately hired around 300 new staff, mainly at entry levels. The exercise is in a bid to right size its workforce [...]
The Independent Petroleum Marketers Association of Nigeria (IPMAN) with some primary investors coming from Peru, South America, will be to cite 2 petrochemical refineries in Kogi as well as Bayelsa States. The Chairman of IPMAN, Bestman Inekwe, who disclosed this [...]
July 24, 2014
Business, Economy
FEC Grants $82m Loan to address Polio – In the bid to eliminate polio in the nation, the Federal Executive Council (FEC), approved yesterday $82 million loan from Japan International Development Agency (JICA). The Minister of Information, Labaran Maku, disclosed [...]
July 24, 2014
Health issues
Dickson, made the call at the Bayelsa Investment and Economic Forum, throughout Yenagoa, praised security agencies for performing a good job of maintaining the peace throughout the State, thus turning it into an alternative destination for investors. Investors and Government [...]
According to report on Wednesday, Mr Efi Dahan, mentioned “Nigeria is a major country in Africa and PayPal preparation, bring online services to Nigeria where people can do online shopping making it easier and faster and most secured for customers [...]
July 24, 2014
Business, Economy