Browsing: Business

The statement, signed by the Senior Special Assistant (Media and Publicity) to Vice President Namadi Sambo, Umar Sani, only said she was expected to hand over with immediate effect to the most Senior Director in the Bureau, Benjamin Ezra Dikki, who is to hold the position of the DG in an acting capacity

Speaking at the event, the Managing Director/CEO, FBN Holdings, Bello Maccido, said the holding company structure promises enhanced service delivery, performance and profitability for the group’s customers, shareholders and investors

Governor Godswill Akpabio made this known Saturday when a one-time Ambassador of the United States of America to Nigeria, Renee Sanders, presented a building proposal to him at Governor’s Office, Uyo

The breakdown is made up of N145.94 billion or 36.64 per cent for recurrent expenditure and N252.37 billion or 63.36 per cent for capital expenditure.

The members of staff are said to have expressed their worry following inside top sources disclosure that MTN, which is owned by a South African company, is in the process of divesting from the company and selling it to a yet-to-be-revealed Indian telecoms firm

The Joint Task Force in the Niger Delta arrested the Shell employees, Bori Friday and Young Apahia, on Monday at about 9:30pm at Kporgho-Ogoni in Gokana Local Government Area of Rivers State

Nwankwo, who spoke on Monday in Abuja after a meeting of the supervising board of the DMO, said he country’s debt profile of N6.3 trillion domestic debt and $6.29 billion foreign debt are sustainable

President Goodluck Ebele Jonathan, who stated this Monday at opening of the Board retreat for members of the National Stakeholders Working Group of the Nigerian Extractive Industries Transparency Initiative, held at the Le’ Meridien Hotel and Golf Resort, Nwaniba, Akwa Ibom State, noted that his administration was ready to actualise transparent extractive sector, where the revenues are accounted for and used for the benefit of Nigerians

The termination of the contract, worth N10 billion, was announced on Monday by the Minister of Works, Architect Mike Onolememen

The Africa Digital Forum will be looking at the critical issues affecting the Information Communication and Technology such as broadband and its attendant challenges, the main issues militating against broadband penetration in Nigeria, poor quality of service in the telecom sector and what can be done to bring back to life CDMA operators

Themed: “Catalysts for growth: A pragmatic approach”, the two-day conference sought considering the enabling factors and practical actionable initiatives that can be taken to boost Nigerian growth, especially in the capital market, agriculture/agro-allied, real estate, power and oil & gas, among others

The court, presided over by Justice A. Abdu-Kafarati, ordered the forfeiture of the properties based on a suit filed by Access Bank and Coscharis Industries, owned by Chief Cosmas Maduka

ZTE’s Solar+DG Hybrid Power Solution is a green energy solution specially designed for Bharti Airtel Africa base station sites

Aganga, who was represented by Dr. Joseph Odumodu, Director General, Standards Organisation of Nigeria, said the government was committed to consolidating on the gains so far recorded by strengthening the one-stop investment centre of the Nigeria Investment Promotion Commission

Some of the owners of these abandoned aircraft had taken FAAN to court over this issue and got court injunctions that made it difficult for the Authority to carry out this exercise before now. Some of these cases have now been concluded hence the commencement of the removal exercise, at least for the abandoned aircraft which cases have been concluded

Bharti Airtel, a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, has introduced the world’s first free intercontinental incoming roaming service by including India, Bangladesh and Sri Lanka to its current bouquet of ONE NETWORK services for its African customers.

According to Mitchell Elegbe, the Group Managing Director of Interswitch, the Bank also increased the activity rate of its cards, that is the number of active cards on the Interswitch network, from 56 per cent to 90 per cent in 12 months

The Chief Marketing Officer, MTN, Mr. Larry Annetts, said the draw leading to the winner was interesting, credible and transparent

Aitken noted that Nigeria has hundreds of mostly undeveloped onshore discoveries due to a number of inhibiting factors ranging from funding constraints of the national oil company, the Nigerian National Petroleum Corporation; the International Oil Company portfolio ranking priorities as well as security, environmental and community legacy issues

Disclosing this at a reception, in Benin City on Monday, as part of activities to mark the second term inauguration of Governor Adams Oshiomhole, the President of Dangote Group, Alhaji Aliko Dangote, said arrangements have been concluded for the ceremony this December or before the end of January 2013