The Nigerian Communications Commission (NCC) said it would auction digital licence in the 2.3GigaHertz (GHz) and 2.6GHz spectra to increase broadband access and make internet pervasive across the country in 20112. Dr. Eugene Juwah, Executive Vice Chair...
Since the advent of the telecom boom especially, the Global System for Mobile Communications (GSM), Nigerians have, without apologies to mobile operators, come to accept poor quality of service as an additional burden they have to bear.Although the reg...
For years, Nigeria has tried to make a head way in global information technology, especially playing a role in the emerging electronic market presently dominated by the Western nations and a few developing nations like China, India and Brazil. With a h...
The Minister of Water Resources, Mrs. Sarah Reng Ochekpe, has stated that the Kashimbilla/ Gamovo multi-purpose Dam when completed in 2014, would add 40 megawatts of electricity to the national grid. The Dam has the capacity to supply water of 60,000m3...
Mr Ifeanyi Ubah, Managing Director, Capital Oil and Gas, on Monday said that the NNPC/Capital Oil and Gas “Kero-Direct Initiatives”, have started operating in ten States. He told the News Agency of Nigeria (NAN) in Lagos that the direct sal...
Some European tourism companies have expressed interest in exploring Nigeria’s tourism potential, Otunba Segun Runsewe, Director General of the Nigeria Tourism Development Corporation has said. Runsewe, who just returned from this year’s Wo...
The projection of the Nigerian Stock Exchange to grow market capitalisation in 2016 to $1trillion (N150 trillion) might be a wide dream going by the current security challenges in the country and the dwindling fortunes of the stock market occasioned by...
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...