Nigerianears deal for private power producers
Nigeria is close to agreeing a framework to make private power generation for the national grid commercially viable, potentially unlocking billions of dollars of investment and helping end chronic power shortages.
Finance Minister Olusegun Agang
Nigerian interbank rates fall on fresh cash inflow
Nigerian interbank rates eased slightly to 1.08 percent on average this week from 1.15 percent last week following the Central Bank of Nigeria’s (CBN) release of 130 billion naira, traders said on Friday. Traders said the CBN allocated the int
Industrialists want gap closed between deposit and lending rates
The South-South Zone of the Nigerian Chambers of Commerce, Industry, Mines and Agriculture
Varsity plans more centres for distance learning
The University of Maiduguri says it will open more centres for distance learning to pr
BA posts pre-tax loss of $256.5 million
British Airways on Friday announced a pre-tax loss of 164 million pounds ($256.5 million)
N4bn cocaine: Chinese suspects face trial in Nigeria
All suspects arrested in connection with the unlawful importation of 450.400kg of cocaine
Bharti appoints new Marketing Officer for African
Bharti Airtel, a leading emerging market telecom services provider, today announced the ap
DAUDU IS NEW NBA PRESIDENT
"This election process is a worthy example for the Nigerian political class." With these w
SEC may step into Stock Exchange crisis
•Mismanagement alleged •Bankruptcy not ruled outAn opportunity appears to have been o
SEC says Afribank, executives manipulated 2007 public offer
•Drags Idudu, Otegbola, Ogbeha, Adigwe, Zakariya’u, Arogundade, Lawuyi, 64 others, fir
Retail banking amidst recovery
In the immediate aftermath of every banking crisis, the type we have seen in Nigeria in the last one year, two things happen. First, banks become cautious lenders. Second
Chinese firm tackles flood at National Theatre complex
Nigerians, whose place of work is located within the National Theatre, Iganmu, Lagos, are elated that respite has finally come their way as their trauma often caused by f
‘We started small and grew with time’
She was once a lecturer at the School of Health Technology, Jahun, in Jigawa State, but had her eyes on doing business all along. Ify Ugo-Mgbemene is currently managing dInsure your life, earn dividend, access loan by just paying your premium
This may sound too good to be true, but for just paying premium on your life insurance policy, you may just be guaranteeing yourself the benefit of a life cover to the tu
Despite Nigeria’s huge market, French firms reluctant…
…Want Nigerian representativesDespite Nigeria’s huge market potentials to attract foreign direct investment, some foreign companies, mainly from France, still see Nig
APM Terminals constructs N87.8m new rail line at Apapa Port
…Set to relieve the roadsAPM Terminals Limited, the operator of Container Terminal at the Lagos Port Complex, Apapa, has constructed new rail line at the cost of N87.8
Open-source pharmaceuticals?
Much attention has been focused in recent years on the pharmaceutical industry's slowness to develop new drugs and lack of productivity. But this crisis of innovation is
For conjoined deliveries, beacon of hope now beckons
Conjoined births are no longer as life-threatening as they once were,especially when one considers the recent successful separation of Peace and Patience Adugbe in India.
Asset managers propose M&A as banks’ half-year results rekindle investors’ confidence in shares
As banks continue to turn in their first-half results on the Nigerian Stock Exchange (NSE), basically to apprise their existing and prospective investors of their financi
Changing policies and the dawn of new banking
August 14, 2009 is one day banking sector operators and indeed most Nigerians will not forget in a hurry. It marked the beginning of a turning point in the history of Nig
Campus hoste ls, a surge in fury
As a first-year diploma student in the university, I didn’t know I was enjoying the best in terms of hospitality the school had to offer, until my second year.
Nigeria’s open skies policy threatens domestic airlines’ operations
The Federal Government’s open skies policy with other countries has been said to only favour foreign airlines over their Nigerian counterparts, as over $700 million
Zain's multi-billion naira account to Ogilvy ignites partnership
The importance of foreign affiliation among media agencies in Nigeria has been played up with Bharti Airtel multi-million dollar marketing communication account moving ov
Understanding the nature of your tax obligations:
A summary of tax responsibilities for individuals, and corporate bodies in Nigeria and how these taxes are collectedThe tax system in Nigeria is basically structured as a
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