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Challenges in Nigerian market not normal for mobile operators —Etisalat CEO

The intense competition in Nigeria’s telecoms sector has made the struggle for  survival by the operators interesting. The Chief Executive Officer, Etisalat Nigeria, Mr. Steven Evans, talks about this...

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Network Rail debt increases to £30bn

SEOUL: United Kingdom railway infrastructure firm Network Rail’s net debt, which is guaranteed by the government, has risen above £30bn, the British Broadcasting Corporation reported on Thursday. It...

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Energy crisis retarding business – Simba boss

The Managing Director of Simba Group of companies, Mr. Vinay Grover, has said energy remained the constraint to business operations in the country. Grover however said the Nigerian business environment...

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Three banks raise $1.15bn from global market – DMO

Three banks in the country raised $1.15bn from the international capital market between 2011 and May 2013, following Nigeria’s successful sovereign bond issuance in 2011, the Debt Management Office has...

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French jobless rate climbs to highest level in 15 years

PARIS: French unemployment rose to 10.8per cent in the first quarter of the year — its highest level since 1998, official estimates have shown,  the British Broadcasting Corporation reported on...

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HM Revenue, Customs missing cigarette smuggling targets

SEOUL: HM Revenue and Customs has failed to meet any of its targets on reducing the smuggling of illicit tobacco into the UK, a Whitehall watchdog has said. The British Broadcasting Corporation...

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US shares advance on stimulus

United States stocks rose, with the Standard & Poor’s 500 Index erasing earlier losses, as investors weighed the Federal Reserve’s stimulus plans before a report on employment growth on Friday....

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Bickering by states stalls new revenue formula

The prospect of a new revenue formula for the nation has dimmed as states are bickering among themselves over the landmass and terrain types assigned to them by the Office of the Surveyor-General of...

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TCN wants excavators to stay off its installations

The management of the Transmission Company of Nigeria has warned individuals and groups involved in sand excavation around the New Haven-Otukpo 132KV transmission line towers at Opi-Nsukka, Enugu...

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Promos make telecoms business competitive – Etisalat CEO

Promotions run by telecommunications companies for their subscribers is critical to the success of business as it encourages healthy competition among operators, the Chief Executive Officer, Etisalat...

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PR field not for liars – Ale

Head, Corporate Affairs, National Space Research and Development Agency, Mr. Felix Ale, speaks with BOSEDE OLUSOLA-OBASA on how he has fared as a Public Relations practitioner  How would you explain...

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Group develops online, TV documentary on power sector

A civil society group, Project Light Up Nigeria, has developed an online and television documentary on Nigeria’s power sector. The group, which organised the first annual Light Up Awards last year,...

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Shareholders to boost knowledge of auditing roles

In a bid to effectively play their roles on audit committees, shareholders have called for increased knowledge in that area. This, according to them, is owing to the fact that these roles ensure the...

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Reps lift ban on Olusola Adekanola & Co

The House of Representatives has revoked its earlier resolution calling on the Federal Government to blacklist and prosecute an indigenous firm of chartered accountants and tax practitioners, Olusola...

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Stanbic IBTC commences Saturday banking

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has announced the commencement of Saturday banking in key cities across the country. A statement by the bank on Tuesday said the new service...

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Shareholders approve UBA’s 50k dividend

Shareholders of United Bank for Africa Plc have approved 50 kobo dividend recommended by the bank for the 2012 financial year. This approval was given at the bank’s Annual General Meeting in Abuja on...

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Emerging market stocks decline by 10%

Emerging-market stocks retreated, sending the benchmark measure down 10 percent from this year’s peak, as disappointing Chinese data added to concern the global economy is faltering. India’s rupee...

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Central bank fears hit shares

Investors sold off stocks and commodities worldwide on Tuesday, unnerved by fears that major central banks are cooling in their commitment to pumping money into the economy to spur recovery. But United...

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Investors urge regulators to monitor companies’ activities

Shareholders have called on regulators of the Nigerian capital market to institute policies that will make quoted companies more accountable and the market more attractive for local investors. The...

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NSE investors staked N101bn on stocks in May

The total value of equities exchanged by investors on the Nigerian Stock Exchange for the month of May stood at N101.03bn. Findings by our correspondent showed that the amount represented a significant...

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