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Airtel, First Bank Sign MOU On Mobile Money Service

The landscape of e-banking services in Nigeria is set to witness a major shift as two leading companies in banking…

Etisalat Wins African Telecoms Deal Award

Nigeria’s fastest growing and most innovative telecommunications operator, Etisalat, has emerged winner of the ‘African Telecoms Deal of the Year…

NCC Clamps Down On Illegal Phone Makers

The fight against unapproved mobile phones in Nigeria took a more robust push with the Nigerian Communications Commission, NCC, sealing…

Europe seals 310 billion dollar Greece bailout

Euro zone Finance ministers sealed an unprecedented deal early Tuesday for a new 237-billion-euro ($310 billion) bailout designed to keep…

NERC Warns Power Distribution Companies Against Unapproved Charges

The Nigerian Electricity Regulatory Commission (NERC) on Monday warned electricity distribution companies not to charge their customers rates outside what…

Fuel subsidy removal jacks up Nigeria’s inflation

Nigerian inflation jumped to 12.6 percent in January from 10.3 percent the previous month, driven by hikes in petrol prices…

Ecobank Assures Customers of Seamless Services Delivery

Ecobank Nigeria has assured customers of seamless service delivery at all its over 600 branches nationwide. This follows the seamless…

Oil prices hit 8-month high

Brent crude hit an eight-month high in Asian trade Monday after Iran halted its oil sales to France and Britain…

World Bank to pick new chief April

The World Bank said Friday it would select a new president to succeed Robert Zoellick by April 20, the start…

Interswitch Drives CBN’s Cashless Policy With e-Payment Solutions

The cashless policy, an initiative of the Central Bank of Nigeria (CBN) and the 24 deposit money banks, aimed at…

Guinness Declares N7.14b Profit

Guinness Nigeria Plc has declared a profit after tax of N7.147 billion for the half year (H1) ended December 31,…

Court Orders First Bank To Pay Dismissed Staff N5m

An Ikeja high court in Lagos has ordered First Bank of Nigeria Plc to pay the sum of N5million to…

Dodge Durango Is Here

The Dodge Durango, renowned American luxury Sports Utility Vehicle has finally settled in Nigeria, courtesy of Weststar Associates Nigeria Ltd,…

New M-Class Unveiled

The fact that the new M-Class is as fuel-efficient as the economical saloon cars displaying the Mercedes star makes the…

Record Results For Diamler’s Anniversary Year

German auto and truck giant Daimler, which owns Mercedes-Benz, said recently that it achieved record sales and profits in 2011,…

Stallion Flags Off Motor Exhibition

Stallion Motors, automobile franchise dealership will from 13-18 February 2012 showcase an array of contemporary automobile brands at the Autoline…

Toyota On Top For 32nd Year

According to Engineeringnews.co.za, despite the growing threat posed by German rival Volkswagen, Toyota has again clinched the number one spot…

Nissan Profits Up Despite Tough Quarter

Japanese car giant Nissan recently disclosed that its third quarter profits rose 3.2 per cent year-on-year as solid global sales…

PHCN Workers Pray Over Privatisation

All workers of Power Holding Company of Nigeria, PHCN, led by Monzor M. Musa, president of their workers union, Joe…

Diezani To Tour Chevron’s Gas Rig Fire

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke will this weekend embark on an assessment tour of the site of the…

Steer Clear Of Nigerian Waters, Maritime Watchdog Warns Ships

An international maritime watchdog on Monday warned ships to steer clear of waters off Nigeria due to a trio of…

Fuel Scarcity Hits Ilorin As Marketers Begin Strike

The Independent Petroleum Marketers Association of Nigeria (IPMAN), Ilorin Unit, on Monday ordered members to shut their filling stations in…

Jonathan Assures US Trade Delegation

President Goodluck Ebele Jonathan has said his administration has the political will to support investors in Nigeria, and create an…

Jonathan Targets 270,000 Jobs With New Scheme

President Goodluck Jonathan this morning launched the Public Works, Women and Youth Empowerment Programme designed to create 270,000 jobs by…

Unemployed Graduates Get N2.8m NDE Loan

The National Directorate of Employment (NDE) says it has disbursed N2.8 million to four unemployed graduates in Cross River under…

Price Of Cement Rises Again

The price of cement has recorded about 12.8 percent increase in major towns in Delta since the beginning of the…

Boosting Rice Production: The Lagos Example

With a population of over 18 million, Lagos State, southwest Nigeria, no doubt, is faced with copious challenges. The United…

Massive Sack In Acquired Banks

There are indications that many workers in the recently acquired banks in the country will soon lose their jobs. P.M.NEWS…

CBN Tasked On Policy Implementation

An online telecommunications advocacy group, Telecomms Compare has said that certain issues must be addressed first before the nationwide introduction…

Enterprise Bank Rewards Outstanding Employees

After months of creating the required awareness among staff, Enterprise Bank Limited (EBL) has started the implementation of the performance…
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