[REPORT] Broadband Internet: Nigerians Value Reliability Over Other Factors

A new report shows that Nigerians favour reliability of Broadband internet service over speed, customer service, cost etc In a research carried out by Hypothesys Business Research (a division of Btxperts Integrated Services Limited). 343 representatives of Small and Mid-sized Enterprises (SMEs) in Lagos were polled to learn their experiences in the use of internet… Read More »

Made in Nigeria Cars to Get More Patronage

There is a new policy going to the Federal Executive Council, the policy stipulates that priority will be given to the patronage of vehicles assembled in Nigeria. If the new policy is implemented, it means that cars not assembled or manufactured in Nigeria will have hard time selling in Nigeria. This is a welcome development… Read More »

[PRESS RELEASE]: Winners of Nairatweets Free Credit Promo

We recently publish a press release about NairaTweets giving away free credits to advertisers. Five winners have emerged from the free credits promo. According to press release from Nairatweets: NairaTweets offers FREE Advertising Credit to 5 Businesses As part of our Corporate Social Responsibility and our passion to support Nigerian Businesses through our existing web… Read More »

SEC Approves Waiver for Companies to List on Nigerian Stock Exchange

The Securities and Exchange Commission, SEC, weekend, approved the Nigerian Stock Exchange’s, NSE, revised listing rules which seek to grant certain waivers for oil and gas firms, Small and Medium Scale Enterprises, SMEs, and other multinational companies. In the new rules, mineral companies, comprising mining, oil and gas companies are exempted from fulfilling the requirements… Read More »

More Women to Constitute Banks’ Board – CBN

The Governor of Central Bank of Nigeria (CBN), Malam Sanusi Lamido, on 9th March 2012 said that banks would henceforth publish their gender positions to check marginalisation of women. During a public lecture on “Women on Board” in Lagos the CBN governor said that 30 per cent of banks’ board would be constituted by women… Read More »

GT Bank Introduces Online Receipt for Internet banking Transfers

Guaranty Trust Bank Plc has yet again shown it commitment in enhancing business in Nigeria by introduction of Online receipt for its internet banking service. According to a press release from GT bank: In line with our commitment to continually avail you with innovative services, we are pleased to notify you that you can now… Read More »

Guinness Nigeria Plc Appoints New Directors

Guinness Nigeria Plc announced the appointment of Mr Rory O’Keefe and Mr Philip Jenkins as non-Executive Directors of the company starting from February 9, 2012. O’Kefee previously served as the Global Category Director, Beer and Bailey’s, Diageo Plc. In another statement the company has accepted the resignation of Mr. Francis Agbonlahor from the Board of… Read More »

110.43 Million SIM Cards registered by 95.89 Million Subscribers in Nigeria

110.43 million lines have so far been registered in the ongoing registration of SIM (Subscriber Identification Module) cards against official figure of 95,886,714 active mobile lines in the country.This is a huge difference of 14.54 million According to the Executive Vice-Chairman, Nigerian Communications Commission (NCC), Dr. Eugene Juwah: this is a clear indication of multiple… Read More »

Nigeria Goes Borrowing Again Wants $3billion Loan from China

According to reports from Businessday Nigeria will likely secure some $3 billion facility from the Chinese government to finance the completion of some key priority projects if ongoing loan negotiations between the government and China pull through. The projects are; completion of the ongoing Abuja light rail, construction of part of the East West road;… Read More »

5 Reasons Why You Should Start a Business as a Student

Are you among those who think that running a business is the game of experienced graduates and professionals? I am going to show you five reason why that believe is wrong. If you are a student reading this or you are a fresh graduate and you have never thought of starting your own business you… Read More »

Unity Bank Launches QikQik Mobile Payment Service

The Mobile Money Service industry is getting more competitive as yet another Nigerian bank Unity Bank launches a mobile payment service QikQik. According to Unity bank QikQik is expected to create hundreds of jobs. Speaking during the launch the bank’s Group Managing Director, Alhaji Ado Y. Wanka: The new UnityBank QikQik mobile-based payments will include… Read More »

Wikipedia to Go Free on Mobiles in Africa and Middle East This Year

The Wikimedia Foundation, a non-profit organisation that operates Wikipedia and Orange, a mobile network provider have concluded a deal that will allow millions of people from Africa and Midddle East to gain free unlimited access to the online encyclopedia Wikipedia from the mobile phones. The project is targeted at the over 70 million subsrcibers to… Read More »

Website Outage was due to Upgrade – GTBank

GTBank responded yesterday evening on twitter that their website outage for several hours between Tuesday 14th and Wednesday 15th was due to service upgrade. GT bank website was redirecting to a parked page for several hours. Their twitter page @gtbank said: Our website became unavailable during an upgrade process.However,normal services have been restored.We apologize for… Read More »

Google+ integrates with Google Trader: Personalize your Listings

Google announced today that it has integrated Google+ (its social network) with Google Trader (it classified ads site). This means users on google trader can personalize their listings. According to press release on Google Africa blog: We wanted to make Google Trader a little bit more personal. So today, for the first time, we’re introducing… Read More »

Project FORCECOM 700: Glo Provides 10k Lines to Nigerian Police

Globacom, Nigerian second National carrier has entered a partnership with the Nigeria Police Force, to provide seamless and effective telephone connection to officers and men of the force, geared at enhancing their crime fighting capabilities. The project titled, FORCECOM 700, will see Globacom providing an initial 10,000 connections on a Close User Group (CUG) platform… Read More »