Nigeria signs $1 bln EU pact to fight corruption
Nigeria signed a 677 million euro pact with the European Union on Thursday aimed at combating corruption and promoting peace in its troubled, oil-producing Niger Delta region.The agreement will help the oil exporter to tackle challenges in the areas
Foreign banks insist on cash-backed letters of credit
•Imports dwindle on back of cessation of creditForeign correspondents banks are insisting on cash-backed letters of credit as basis for continued relationships with their local counterparts, a development that is crippling importation of goods and
2010 budget: PDP wades into Senate, House supremacy row
•CNPP bearate lawmakers, presidency ‘disappointed’ At the prompting of President Um
Analysts pick holes in new NSE organisational structure
Observers of the stock market yesterday took a critical look at the implications of the ne
Bode George to remain in prison
...As Appeal Court adjourns bail application hearing to December 1 Fresh attempts by conv
...As Bankole threatens to sue newspaper over alleged libel
Piqued by what he termed as frequent attacks on his person, Dimeji Bankole, speaker of the
OPEC may hike output if price, demand jump —Lukman
•Says organisation unlikely to cut output in current oil market OPEC could decide to r
Akunyili says no plan to censor the press
Dora Akunyili, minister of information and communications, on Thursday, in Abuja, reassure
NAICOM moves against fake insurance operators
Concerned over the low level of insurance penetration and the need to check activities of
Nigeria loses N10bn to oil majors
A total of N10 billion revenue loss has been uncovered by the Customs Duty investigating T| AMD markets debt as junk-bond yields decline to two-year low 20/11/2009 Advanced Micro Devices Inc., the world’s second-largest maker of personal-computer processors, plans to sell debt as borrowing costs for high-yield, high-risk bonds fell yesterday to the lowest in a [ ... ] |
HiTV wins right to air English Premier League games in Nigeria 20/11/2009 HiTV Nigeria, a local pay television company, won the exclusive rights to broadcast English Premier League soccer matches in Nigeria. After two seasons of having the right to 80 percent of the match [ ... ] | More News...
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‘Survival has been by the mercy of God’
…Alaba traders lament as they await final evacuation
The time was 10.30am last Wednesday.Chima Okoro, a trader at the now demolished Alaba-Suru Market on the Lagos-Ba
Deregulation and small business
Deregulation simply means freeing government of its concurrent control, and involvement in the businesses of refining, importation, and distribution of refined petroleumFG's call for balanced Nigeria/S Africa trade highlights technology, visa disaffections
The Federal Government has voiced its displeasure over the imbalanced trade relations between Nigeria and South Africa and called for an immediate way out of the present
Achieving a trillion naira insurance market
…Challenge before operators
Stakeholders in the insurance industry are no doubt very worried about its present position, especially in the financial services market
MAN partners West-Pac to generate power for industries
…Targets 2000mw
Manufacturers Association of Nigeria (MAN) has agreed to partner with West-Pac Electrical Nigeria Limited to install a total of 2000 megawatts (mw) e
ISAN arrests six foreign vessels over abuse of Cabotage
Indigenous Ship owners Association of Nigeria (ISAN) has arrested six foreign vessels trading on the country’s waters against the provisions of the Coastal and Inl
Deregulation of downstream oil sector: Will it fuel inflation?
Though a laudable policy direction, it is feared that government’s planned deregulation of the downstream oil sector may yet have some un-intended short term negative c
FG commits to halving malaria mortality next year
In line with its plan to ensure the reduction of malaria mortality and morbidity by 50 percent next year, the Federal Government has procured a total of 60 million Long L
AMC viewed as the hottest prospect
Stakeholders in the Nigerian capital market sure cannot wait for the inauguration of the proposed Asset Management Company (AMC) by the Central Bank Of Nigeria (CBN). Alt
Nigeria, S/Africa economies drive SSA growth projection for 2010
…as IMF says fiscal policy should focus on traditional objectives of growth
Not a few economic watchers locally and internationally will readily recall that between t
Lending rates to fall on FAAC allocation release this week
...As the tightness experienced in the inter-bank market persists
The inter-bank lending rates are expected to lower this week following the expected statutory release o
Door remains open on power sector reform pledges
...but energy security still a nuisance to nation's development The Federal Government seems to have perfected the art of leaving the door open on its promises, perhapsWhy private-public schools should work together
Public and private schools in Nigeria should work in tandem in order to close the seemingly existing lacuna in terms of teaching facilities and the learning environment b
When and how an airline can accommodate unruly passengers
...Nigerian CAA deficient in prosecuting offenders
Let’s begin with this poser! When exactly can an airline passenger be said to be unruly or better still, when sho
What is the future of advertising regulation in Nigeria?
•National Policy on Advertising advocated
Perception In spite of efforts by Advertising Practitioners Council of Nigerian, APCON to regulate advertising in Nigeria , p
Unfair trading in the Business of Law: SAN V. non-SAN
As the debate over the abolition, reform or otherwise of the rank of SAN rages, and emotions still on riot within the legal profession, a lot of questions have been raise
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Tompolo Surrenders!
Chief Government Ekpemupolo. (aka Tompolo) surrendered arms in Delta State on Sunday 04, October 2009 in compliance with the amnesty offer by the Federal Government.
Roads of shame...!
See the state of federal roads in Lagos... Pathetic
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