Dr. Ngozi Okonjo-Iweala for World Bank Presidency

Various developing countries especially in Africa are supporting and pushing for Nomination of Dr. Ngozi Okonjo-Iweala as World Bank President. President Jacob Zuma of South Africa and Ivorien counterpart, Mr. Alassane Ouattara met President Goodluck Jonathan to pressure him to release the Minister to the bank in the interest of developing nations of the World… Read More »

1.5 Million Candidates sit for JAMB UTME This Year

The Joint Admissions and Matriculation Board (JAMB) has revealed that 1.5 million candidates will sit for Unified Tertiary Matriculation Examination (UTME) on Saturday, March 24th, 2012, and six other countries. In a press briefing at Abuja on Tuesday Prof Dibu Ojerinde, JAMB Registrar revealed that a total of 1, 503,931 candidates are expected to sit… Read More »

Make Free Calls on Multi-Links

Multi-Links is offering students and lecturers in tertiary institutions across the nation free on net calls with the introduction of a new service tagged “Campus Calling Circle”. Currently Campus Calling Circle is only available for some universities and polytechnics, students and lecturers on this service irrespective of the campus, would be able to initiate and… Read More »

N147.9 Million Unclaimed Shares – Vitafoam (How to Claim Yours)

Do you have shares in Vitafoam Nigeria Plc? Have you claimed your dividend? Vitafoam Nigeria Plc has revealed it has unclaimed dividends valued at N147.9 million as at December 31, 2011. Mr. Samuel Bolarinde, Chairman of the company, who was speaking at its Annual General Meeting in Lagos, expressed concern over the increasing rate of… Read More »

What You Need to Know About E-Dividend Payment System

The e-Dividend payment system is the service where the dividends are credited to a bank account to facilitate the shareholders in receiving dividends from companies. Before the introduction of e-dividend, dividends are made to shareholders by cheques. Then there where always issues of loss of cheque and unclaimed dividends. With the e-Dividend service, this would… Read More »

Transcorp Launches N1 billion Teragro (Fruit Juice Concentrates Company)

Transnational Corporation of Nigeria PLC, Transcorp, last weekend gave meaning to the nation’s new agriculture value-chain policy with the commissioning of the N1 billion Teragro, an agricbuisness subsidiary, for the production of fruit juice concentrates. Located at the Makurdi Industrial Layout in the Benue State capital, Teragro, which was opened by President Goodluck Jonathan as… Read More »

[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 »