ETISALAT NIGERIA: 9MOBILE UNVEILS NEW LOGO
Emerging Markets Telecommunication Services Limited, which previously traded as Etisalat Nigeria, on Tuesday confirmed changing its trading name to 9 mobile.
The company ’ s...
ETISALAT INTERNATIONAL CEO, HATEM DOWIDAR, OPENS UP ON EXIT FROM NIGERIA
Telecoms firm, Etisalat Nigeria, has a bleak future in Nigeria following the exit of its parent firm, Etisalat International, from the helm of affairs.
Etisalat...
‘PEACOCK PAINTS’ OPENS COLOUR CENTRE, COMMENCES TRAINING FOR PAINTERS
Akwa Ibom indigenous paint company, Peacock Paints Limited, which recently launched it Colour Centre at Plot 93, D-Line, Ewet Housing Estate, Uyo, commenced the...
IBOM POWER MOVES TO LIGHT UP IKOT ABASI
“Governor Udom Emmanuel has promised to ensure dedicated power supply to Ikot Abasi Local Government Area before the end of 2017” the Board Chairman...
FRANK EDOHO LOSES MTN SPONSORSHIP OF ‘WHO WANTS TO BE A...
For over ten years, Who Wants To Be A Millionaire has aired on major network stations across the nation and it has become a...
$1.2BN LOAN: NIGERIAN BANKS CANNOT TAKEOVER ETISALAT – FG
The Federal Government on Tuesday said lenders cannot take over Etisalat Nigeria.
In a statement by Tony Ojobo, Director, Public Affairs, Nigerian Communications Commission, it...
NIGERIAN CAN GENERATE N255BN ANNUALLY FROM CASSAVA BREAD – BAKERS
The Association of Master Bakers and Caterers of Nigeria says the revival of the cassava bread initiative is capable of injecting about N255bn into...
CBN INJECTS OVER $400M INTO FOREX MARKET
The Central Bank of Nigeria (CBN) intervened in the inter-bank foreign exchange market with $413.5 million to guarantee liquidity in the system.
A breakdown of...
FAAC: BREAKDOWN OF FG, STATES, LGs SHARED N415BN IN APRIL
The Federation Account Allocation Committee (FAAC) on Tuesday shared N415 billion to the three tiers of government being revenue for April 2017.
Giving the...
FG SET TO REPEAL COMPANIES AND ALLIED MATTERS ACT
The Corporate Affairs Commission (CAC) has said it is set to call for the repeal and re-enactment of the Companies and Allied Matters Act...
FTZ ATTRACTS 11,000 JOBS TO CROSS RIVER – NEPZA BOSS
The managing director, Nigeria Export Processing Zones Authority (NEPZA), Hon. Emmanuel Jime, recently said the Calabar Free Trade Zone (CFTZ), has attracted over 11,000 direct...
UBA REVOLUTIONIZES MOBILE PAYMENTS WITH *919# MAGIC BANKING
In line with its determination to dominate Africa’s mobile banking space with the introduction of cutting edge technology-driven products and services, United Bank for...
NEW INVESTORS WILL TAKE OVER NIGERIA’S REFINERIES BY SEPTEMBER – KACHIKW
U
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has recently revealed that new investors are expected to revamp the Port Harcourt Refining Company...
BANK OF INDUSTRY REDUCES INTEREST RATE TO ZERO PERCENT FOR YOUTHS
To boost the multiplier effect of the scheme, the bank has decided to further encourage such young entrepreneurs by administering their loans at zero...
CBN LIFTS FOREX BAN ON 41 ITEMS FOR SMEs
The Central Bank of Nigeria (CBN) has lifted the restriction on 41 items listed as ineligible for foreign exchange for small and medium enterprises...
UNEMPLOYMENT LOOMS AS ECOBANK SHUTS DOWN 74 BRANCHES
Ecobank Nigeria has shut down about 74 of its 479 branches.
The bank says it will deploy staff from the merged branches to other projects...
UDOM APPLAUDS FEDERAL GOVERNMENT’S RENEWED VISION IN AGRICULTURE
Governor Udom Emmanuel of Akwa Ibom State has lauded the Federal Government’s decision to break new grounds in the development of agriculture to ensure...
CBN SANCTIONS GTB, ECOBANK, OTHERS FOR FOREX INFRACTIONS
The Central Bank of Nigeria, CBN has barred 15 commercial banks from dealing in foreign exchange through the recently created small and medium enterprises...
DANGOTE RELEASES FIRST BATCH OF LOCALLY ASSEMBLED TRUCKS
Dangote Sinotruck West Africa Limited recently rolled out its first set of locally assembled Chinese trucks, The Group General Manager, Projects, Mr. Hikmat Thapa,...
AKWA IBOM OPENS INTERNATIONAL MARKET FOR BUSINESS SEPTEMBER
A consortium of Chinese Companies comprising China Railway And Airport Construction Company, Yiwu International Market Group, Ande Logistics, Forte Energy and Jaagris Nigeria Limited...
GOVERNOR UDOM INAUGURATES REVENUE BOARD
Akwa Ibom State Governor, Mr Udom Emmanuel, has inaugurated the state Board of Internal Revenue with a call on the members to explore ways...
DANGOTE RICE AVAILABLE FOR SALE BY DECEMBER 2017
The Director in charge of the Dangote Group for the South-East, Mr. Tunde Mabogunje, has announced that Nigerians will be able to start buying...
DSS ARRESTS CAPITAL OIL BOSS, IFEANYI UBA
Ifeanyi Uba, the owner of Capital Oil, has been arrested and detained by Department of State Services (DSS).
The arrest may be unconnected to his...
UDOM WANTS MULTINATIONALS TO INVEST IN CAPACITY DEVELOPMENT
Governor Udom Emmanuel of Akwa Ibom State has challenged multinational oil companies to show more commitment to capacity development and technology transfer in their...
AKSG SIGNS MoU FOR THE ESTABLISHMENT OF OIL AND GAS TRAINING...
The Akwa Ibom State Government has signed memorandum of understanding (MOU) with Halliburton Nigeria for the establishment of Oil and Gas training Center...
LAGOS, OSUN, AKWA IBOM LEAD AS DEBT PROFILE OF STATES HITS...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that the debt burden of the 36 states has risen to over N3.342 trillion...
NAIRA GAIN MORE STRENGTH AS CBN PUMPS $185M INTO FX MARKET
The Central Bank of Nigeria (CBN) has pumped a total of $185 million into the foreign exchange market in order to continue to save...
CBN CLOSES FX GAP AS NAIRA MOVES TOWARDS 300/US$1
Nigerian Naira on Thursday, March 23, 2017, moved towards 300 per Dollar at the black market as Central Bank of Nigeria, CBN, keeps...
FAAC EXPLAINS HOW FG, STATES, LGs SHARED N429BN ALLOCATION FOR FEBRUARY
Federal Government, State Governments and Local Government Councils shared a total of N429.127 billion as federal allocation for the month of February 2017.
The communiqué...
NIGERIA RANKS AMONG WORLD ECONOMIES ON SPEEDY GROWTH IN 2017 –...
Good news is coming than bad when it comes to global growth this year, as Nigeria, Argentina and and several of Latin America’s largest...
CBN BOWS TO PRESSURE, ANNOUNCES NEW FOREX POLICY
The Central Bank of Nigeria (CBN) may have bowed to pressure by releasing a new foreign exchange policy in the country with immediate effect.
Although...
WE ARE NOT RECRUITING – UBA
United Bank For Africa (UBA) Plc has debunked rumor circulating of the Banks' call for graduate trainee programme in 2017.
The fake message has said...
MTN, GLO, OTHERS MAY BLOCK SKYPE, WHATSAPP CALLS
Feelers from telecommunications companies (telcos) indicate that they may have no choice than to ban the use of mobile applications that allow unlimited voice...
ARIK AIR SUSPENDS LONDON, JOHANNESBURG ROUTES
Arik Air has suspended flight operations to London and Johannesburg, the two most lucrative routes of the embattled airline.
The airline made this known in...