For reportedly admitting that he played a central role in scuttling the participation of the immediate past Governor of Bayelsa State, Chief Timipre Sylva in the latest party primary election in which a serving member of the Federal House of Repr...
The Federal Airports Authority of Nigeria (FAAN) has apologised for the decay in infrastructure at the nation’s airports, adding that infrastructure at the airports was not developed in line with the increase in traffic. FAAN’s Managing Dir...
Omatek Computers Plc is planning to invest billions of naira on a new solar panel and electric bulb factory in the country. This development is aimed at consolidating on the company’s achievements and its extensive presence in Nigeria. The...
The National Lottery Regulatory Commission (NLRC) has commended the transparent manner in which the draws for the Ecobank’s Salary Account Domiciliation Promotion were conducted. The commendation was made at the prize presentation to one of the s...
President Goodluck Jonathan will on Thursday, February 9, commission the multi-billion dollar new Dangote Cement plant, situated in Ibese, Ogun State, the company said yesterday in a statement. The new Plant, the company disclosed, has an installed cap...
Three international companies, Arik Air Ltd, General Electric (USA), and Rockson Engineering Ltd, have begun talks for takeoff of a business partnership to boost the nation’s power and aviation sub-sectors. Chairman of Arik Air, MD Rock Engineeri...
The Senate is set to unravel the mystery surrounding the unending contract and the yearly budgetary provisions for a petroleum training ship yet to duck anywhere near Nigeria. A Joint Committee of the National Assembly and the Oil and Gas sector have a...
The Chief Executive of Dangote Group, Alhaji Aliko Dangote, has said the Nigerian economy was not beyond salvage, but only required visionary leadership. Dangote also said the Nigerian economy required concerted effort at development strate...
Aso Savings and Loans Plc, a mortgage finance bank, has recorded a total of 40,000 mortgages in the country, about N32 billionsince inception. The amount the bank said, accounted for about 67 per cent of the mortgages in the country. Managing Dir...
CAN YOU ASSESS THE SECURITY OF THE NATION’S AIRPORT? The security protocols implemented at any airport are not only those things you can see with your eyes or hear about, a lot evolve from a well articulated and approved National Security Program...
Not very many people can boast of knowing what this year holds in stock, or understand the likely pains that lie ahead. The only pain, as far as they can see on the horizon, is that of the increase in petrol price or ...
The Central Bank of Nigeria left major monetary indicators unchanged at the end of the maiden policy committee meeting for 2012. Stanley Oronsaye looks at the reasons adduced by major decision makers in taking this stance. That the Monetary Policy Comm...
The nation’s bond market has enjoyed intense patronage over the last two years due to its relative safety, while offering good returns in the face of downturn in the stock market. Stanley Oronsaye, looks at the trend and foresees that inves...
Activities on the floor of the Nigerian Stock Exchange at the end of last week closed in the red zone as the NSE All-Share Index depreciated by 15.02 points or 0.1 per cent to close at 20,877.64 while the market capitalisa...
Before the financial meltdown in 2008, the Nigerian stock market was an investors’ haven. It was a classic bull market and was rated one of the best among the emerging markets by notable rating agencies such as Standard & Poor’s and the...