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Airtel’s subscribers’ base grows 31 per cent

Two years after it took over an existing network, Airtel Nigeria has grown its subscriber base by 31 per cent…

3 bank officials docked over N850m scam

EFCC Arraigns Keystone Bank Officials Over N855m Scam The Economic and Financial Crimes Commission, EFCC, today arraigned three officials of…

RAMADAN: Sales Drop, Sex Workers, Beer Joints Lament Poor Patronage

It has been a challenging period for operators of eateries, popularly called fast food restaurants as well as relaxation spots…

StarTimes Launches Mobile Phone TV

As part of activities to mark its second anniversary, the management of StarTimes has launched a mobile phone television for…

Teledom Partners Transition Networks On Broadband Technology

Teledom International Limited is partnering with a United States of America’s technology firm, Transition Networks Inc., to launch a wide…

DSTV Increases Subscription Fee

Starting from 1 September, 2012, DStv subscribers would pay more to access its content except for those who renew their…

Eshikena Succeeds Steetskamp As MD Of Frieslandcampina

With effect from 1 September, 2012, Peter Eshikena (52) will assume office as Managing Director of FrieslandCampina WAMCO Nigeria Plc.…
Sanusi Lamido

Consolidating The Cashless Policy

Less than six months to Nigeria’s nationwide adoption of the cashless economy policy, the Central Bank of Nigeria puts measures…

Lagos Targets 1m Metric Tons Of Fish Production

The Lagos State Government says it is targeting the production of one million metric tons of fish by 2015 to…

Tourists avoid London despite Olympics

With its half-empty restaurants and calm streets central London looks more like a ghost town than an Olympic city, and…

Nigerian pirates kill 2 sailors, kidnap 4 foreigners

Nigerian pirates attacked a barge belonging to an oil services company off the coast of Nigeria on Saturday, killing two…

Nigerian stocks index closes higher

Transactions on the Nigerian Stock Exchange (NSE ) closed in an upbeat mood on Friday as investors renew their confidence…

US judge scolds Samsung in battle with Apple

SAN JOSE, California, Aug 2, 2012 (AFP) – The judge in a massive smartphone patent case reprimanded Samsung for releasing…

Friesland Campina WAMCO appoints new CEO for Nigeria

Friesland Campina WAMCO Nigeria Plc, the makers of Peak milk, have appointed Peter Eshikena, 52, as Managing Director. In this…

Lagos Unveils Apapa Regeneration Plan

For too long, the Apapa Central Business District, CBD, haven to the nation’s seaports, has become a nightmare of sort…

FCMB Grows Net Revenues To N32.4bn

First City Monument Bank (FCMB)Plc  has recorded significant improvements in its financial position for the first half (Q2) of the…

NITDA Earmarks N20m For IT Outsourcing Body

The National Information Technology Development Agency, NITDA, says it has set aside the sum of N20 million for the upkeep…

54 Investors Bid For 11 PHCN’s Firms

The Bureau of Public Enterprises (BPE), has received, as at Tuesday, technical and financial proposals from 54 investors interested in…

Etisalat Excite subscribers With Free Subscription Promo

Nigeria’s most innovative telecommunications company, Etisalat has come out with a new blackberry plan for its subscribers. The new Blackberry…

Nigeria’s crude oil output peaks

Nigerian oil production hit its highest level ever this week, reaching 2.7 million barrels per day, the state oil firm…

Nigerian Minister Risks Jail Over Meter Contract

Nnamdi Felix / Abuja Nigeria’s Power minister, Professor Barth Nnaji and Dr. Sam Amadi, chairman of National Electricity Regulatory Commission,…

Glo Sponsors Soyinka Prize for Literature

The Wole Soyinka Prize for literature in Africa has received a major boost as Nigerian telecommunications company, Globacom Limited, partners…

Toyota’s Output Hits 200m Units

Toyota Motor Corporation (TMC) recently announced that its worldwide cumulative vehicle production has surpassed 200 million units in June. This…

New Nissan Pathfinder Identical To Concept

The new Nissan Pathfinder has surfaced on the Net via Nissan’s own Facebook page, and it appears identical to the…

Snippet: Take Heed Hyundai Or…

I’ve said it before and I’ll say it again that no car company stays as hot as Hyundai has been.…

Stallion Sets Pace For Apollo Tyres

World renowned Apollo Tyres has formally launched its product range in Nigeria, appointing tyre division of foremost merchandise, Stallion Group,…

Akingbola: London Verdict Vindicates CBN action

Central Bank of Nigeria Governor Sanusi Lamido Sanusi said the guilty verdict on Erastus Akingbola, former Chief Executive of the…

Nigerian court orders TSKJ pay $310m tax backlog

Nnamdi Felix / Abuja Nigeria’s revenue account was on Wednesday boosted to the tune of N49 billion, about $310 million…

NNPC, Others Set To Take Over Shell Oil Block

Nigeria’s state oil company and a local consortium are set to take over an oil block operated by Shell, the…

Shell debunks Nigeria exit rumours

Shell Petroleum Development Company (SPDC) has debunked speculations that it plans to pull out of Nigeria. Mr Mutiu Sunmonu, the…
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