Vodafone says Nigeria could be interesting market
Vittorio Colao, chief executive of the Vodafone Group, the world’s largest mobile phone company, said yesterday that Nigeria could be an interesting market for Vodafone.This gives credence to reports that the company is looking to acquire majority
Nigeria, other OPEC members ‘lost $700bn on cheaper oil’
Organisation of Petroleum Exporting Countries (OPEC) is worried by the worsening world eco
NITEL’s renewed sale on hold
The dwindling fortunes of Nigerian Telecommunication Company (NITEL) and its mobile arm, M
FG approves N3.3trn 2008 spending
President Umaru Yar’Adua has approved overall government spending of N3.3 trillion thisConduct bureau summons Osunbor’s commissioners
Edo State office of Code of Conduct Bureau (CCB) has summoned commissioners, special advisers, special assistants, and other political aides to former Governor Oserheimen
Bead-making: Wealth creation business for all time
In the last few years, Nigerian fashion trends has zeroed in on bead-making. Unlike other fads and fashions that fizzle away after a couple of years, beaded fashion is ta
Crashed NIGCOMSAT-1 insurance costs 112m euros – Rufai
Ahmed Rufai, managing director of Nigeria Communication Satellite Limited (NigComSat), yesterday, told the House Committee on Science and Technology that the crashed sate
Insurance industry challenged to hit N12 trillion income by 2020
As a build-up to government’s Vision 2020 project, the insurance industry is expected to contribute N12 trillion income to the nation’s economy. This will add to the
BCC rakes in N4.7 bn in Q3
The Benue Cement Company plc, a subsidiary of Dangote Industries Limited, has announced its Q3 results for the period January 1, 2008 to September 30, 2008, reporting a 1
Customs intercepts 27 containers over wrong declaration
Nigeria Customs Service Tin Can Island Command has intercepted 27 containers, carrying 54 vehicles wrongly declared for the purpose of evading duty payment.
The 40-foote
State of refineries . . . Challenge of meeting local demand
When the Nigerian National Petroleum Corporation (NNPC) and the Nigerian Labour Congress (NLC), took on the battle to wrestle the sale of the refineries from
Issuing houses bear brunt of failed public offers
Business activities in the primary market segment of the Nigerian capital market which were virtually paralysed during the recent market meltdown have forced issuing hous
Bank stocks spearhead market recovery
The banking stocks which were the worst hit during the market meltdown are currently setting the pace of recovery after the market rebound set in last week.
Although
Epileptic gas supply and Nigeria’s fragile power generation
The fragility of the nation’s power sector has come to the fore again especially with the drop in gas supply to both Sapele and Egbin thermal stations which has caused
Financial crisis: ‘Mortgage banks should do proper risk assessment in lending’
As the global financial crisis continues to dominate discussions on the global economy, Anthony Owuye, an economist and mortgage banker, analyses the crisis and suggestOceanic Bank dangles education finance product
As part of efforts to encourage individuals to tap into the huge opportunities abound in its many products, Oceanic Bank International plc has come out with another that
FAAN commences development of airports
Federal Airports Authority of Nigeria (FAAN), has said in Abuja that efforts to improve infrastructure at the airports across the country had commenced.
Chris Bature, t
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"While the entire world begins to see Obama as representing the face of the new America, Nigeria urgently needs to begin its own search for the face of the new Nigeria
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