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CBN injects $400 million dollars in Dutch Auction

The Central Bank of Nigeria (CBN) on Monday intervened to the tune of 400 million dollars at the Wider Dutch…

Price Of Sugar Soar In Calabar

Price of sugar, one of the essential commodities in Nigeria, has continued to rise in Calabar city, the capital of…

Forbes Goofed: Adenuga Worth More Than $2b

Forbes Magazine’s world’s richest list that estimates Globacom Chairman, Mike Adenuga’s networth at $2billion has been described as a  gross…

Etisalat Gets $650m Loan To Expand Network

Etisalat Nigeria said on Thursday it had sealed agreements for a $650 million syndicated loan with eight local banks to…

MTN Appoints New CEO For Nigeria, Other Zones

Mobile operator MTN Group (MTN) on Thursday announced several leadership changes in its African operations, including the appointment of Ahmed…
Mike Adenuga of Globacom

Adenuga Joins The Billionaires Club, Aliko Dangote The Richest African

Globacom Chairman, Mike Adenuga, whose  mega fortune has been  known to many Nigerians for many years,  has at last made…

Stock Market Takes A Deep Plunge

Nigeria’s broadest stocks measure declined for a 10th day, the longest streak of decreases since August 2009, as political turmoil…

Glo Extends Prepaid Roaming To US

Globacom has announced the extension of its prepaid roaming service to the United States and five other countries. The five…

NNPC Has World’s Poorest Transparency: Study

Nigeria’s state oil company had the poorest transparency record of 44 national and international energy companies evaluated in a report…

Dangote Invests $1bn In Senegal

Alhaji Aliko Dangote, Chairman of the Dangote Group has further expanded his investment profile in Africa with two projects worth…

First Bank Rewards More Customers In Ilorin

First Bank Nigeria Plc in commemoration of Nigeria‘s 50th anniversary rewarded yet another set of customers in the ongoing golden…

Farmers Record Increase In Cassava Yield

Cassava farmers in Ido community of Oyo State recorded 100 per cent increase in yield during the 2010 farming season,…

Nigerian Ship Dumps Toxic Waste In Ghana

A supply vessel from Nigeria, Spirit River, has been impounded in Takoradi for allegedly dumping toxic oil base mud (OBM)…

Beware Of Fraudsters, Glo Warns Subscribers

Telecoms operator, Globacom has advised its subscribers on the proper modalities to follow in order to verify and redeem prizes…

British Airways Bags Award

British Airways has bagged another award for first class design. The Anya Hindmarch washbag, which was introduced by the airline…
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