
[PRESS] Etisalat Nigeria Introduces EasyBusiness Suite
Telecommunication company Etisalat Nigeria has introduced a product called EasyBusiness suite which it says is specially designed to lower costs for SMEs while increasing profit and ...

Federal Government Bans Use of Foreign Computers in Nigeria
In bid to encourage patronage of ‘Made-in-Nigeria’ products and foster growth in the local Information Communications Technology (ICT) industry Federal Government has moved to ban ...
Nigeria and Cameroon to Partner on Hydrocarbon Exploitation
President Goodluck Jonathan said in Abuja on Monday that Nigeria would take necessary steps to ensure exploitation of hydrocarbon resources along its border with Cameroon.
Jonathan ...

CBN Abolish Non-NUBAN Cheques: How to Get Your NUBAN Compliant Cheque
Central Bank of Nigeria (CBN) has commenced the second phase of the Nigerian Universal Bank Account Number (NUBAN) Project which entails migration to NUBAN compliant cheques and other ...

Nigeria to Generate 75% Electricity From Natural Gas
The Minister of Power, Prof. Barth Nnaji, has revealed that Federal Government has put plans in place to generate 75 per cent of the country’s electricity requirements from natural ...

We Support Illegal Refineries – NACCIMA
Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Federal government to legalize illegal refineries. NACCIMA argued that legalizing ...

Nigerian Communication Commission Fine 4 Telecom Operators for Poor Services
The Nigerian Communications Commission (NCC)has announced penalties against four operators of the Global System for Mobile Communication (GSM) in the country, namely MTN, Etisalat, ...

Total Market Capitalization of Nigerian Stock Exchange Increases by 3.26% March 2012
According to the NSE report, the total market capitalization of the 259 listed securities appreciated by 3.26 per cent or N377.83 billion in March 2012 to N11.95 trillion from N11.54 ...

Top Most Capitalized Banks in Nigeria for March 2012
According to the NSE report for the month of March 2012, GT Bank, Zenith Bank and First Bank topped as the most capitalized banks on the Nigerian Stock Exchange.
GT Bank recorded a ...

[PRESS RELEASE] Airtel Strengthens Network with New Green Data Centre
Lagos, May 9, 2012: To enhance network and billing services to its customers, leading telecommunications services provider Airtel Nigeria Wednesday commissioned a new state of the ...

Senegalese Replace Oby Ezekwesili as World Bank Vice President, African region
Soon after choosing a new President to head its affairs The World Bank has announced that it has appointed Mr Makhtar Diop, a Senegalese national as the new vice president for the African ...

US Oil Producer ConocoPhillips Seeks to Sell Off $1 Billion Worth Nigerian Assets
ConocoPhillips (COP), the largest U.S. independent oil and natural-gas producer, is seeking a buyer for its Nigerian properties in a sale that may fetch $1 billion.
This much was revealed ...

Dangote Group Spends N20 Billion on CSR
In a press statement released by the Dangote Group it has informed that the conglomerate headed by Nigeria’s richest man has expended about N20 billion on Corporate Social Responsibility ...

Nationalised Banks May Soon Be Listed on Stock Exchange – AMCON Chief
Indications from the Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Mustapha Chike-Obi, show that the three nationalized banks in the country BankPHB ...

Rashidi Yekini, Nigeria’s Best Striker Dies
Former African Footballer of the Year, Rashidi Yekini died Friday in Iraa, officials and family members announced.
Yekini was Nigeria’s and one of Africa’s most lethal strikers.
Family ...

MTN hits 170 Million Subscribers [REPORT]
MTN Group recorded 170.57 million subscribers at 31 March 2012. This is a 3.7% increase for the quarter from 164.50 subscribers recorded at 31 December 2011.
According to its report ...

Number Portability: Migrating to Another Network Provider is Free – NCC
Introduction of Mobile Number Portability is only a few months away. But the most encouraging news so far is that the service will be provided free. You can change from one network ...

Glo Ghana Extends Period for Activation of Reserved Phone Numbers
Following the recent launch of full services by Globacom in Ghana Glo Mobile Ghana has extended the period for which people could activate their specially reserved numbers indefinitely. ...

Nigeria Customs Service Makes N185 Billion in First Quarter 2012
According to reports the Nigeria Customs Service (NCS) has collected a total of N185 billion from its 30 area commands across the country for the first quarter of 2012, an indication ...

Nigeria Approves N267 million for 25-year National Ports Master Plan
The Federal Government has approved N267 million contract for consultancy services to develop a 25-year National Ports Master Plan for the Ministry of Transport and the Nigerian Ports ...

