SIM: Subscribers scramble for last-minute registration
Mobile telephone subscribers on Sunday embarked on a last minute rush to register their SIM cards to beat the June 30 deadline. Queues were seen in many parts of Lagos such as Obalende, Agege, Iyana...
View ArticleFG wants investments in privatised firms protected
The Federal Government has urged host communities, where privatised companies are located, to protect such firms, saying this will ensure optimum capacity utilisation and improve industrialisation in...
View ArticleFood security: World Bank approves $300m for Nigeria
The Board of Executive Directors of the World Bank has approved two International Development Association credits for Nigeria totalling $300m to boost agriculture, food security and nutrition of the...
View ArticleNIG canvasses investments in Internet infrastructure
The Nigeria Internet Group has called for a robust investment in building telecommunications infrastructure in the country. The President, NIG, Mr. Bayo Banjo, while addressing newsmen in Lagos on...
View ArticleUS to press China on cyber theft
United States Treasury Secretary, Jack Lew, has said he will keep up pressure on China over cyber security, especially stealing of intellectual property and trade secrets, which he sees as separate...
View ArticleEU accuses investment banks of hampering cds competition
Goldman Sachs Group Inc. and JPMorgan Chase & Co. were among more than a dozen financial institutions accused by the European Union of colluding to curb competition in the credit derivatives...
View ArticleDataGroupIT, Hp target governments
DatagroupIT and Hp Enterprise Security have said they will focus on governments. They said this at a customer workshop for their new and existing customers held in Lagos on Thursday. They maintained...
View ArticleUK manufacturing posts fastest growth in two years
British manufacturing recorded its strongest growth in more than two years in June and new orders rose even faster, in a fresh sign of momentum in the economy just as the Bank of England gets a new...
View ArticleTCN restores power supply to Northwest, Niger Republic
The Transmission Company of Nigeria on Monday said it had restored power supply to Kebbi and Sokoto states as well as Niamey in Niger Republic on a temporary basis. It said it had constructed a bypass...
View ArticleGOtv expands coverage to Kaduna
GOTV television service providers made its debut in Kaduna on Saturday with its General Manager, Mrs. Elizabeth Amkpa, calling on the Federal Government to improve power supply and the...
View ArticleChina’s ICBC bank now bigger than US giants
A Chinese bank has been ranked as the world’s largest, overtaking two American finance giants. Industrial and Commercial Bank of China leapfrogged the United States banks to top the global ranking of...
View ArticleSIM registration: NCC threatens to sanction defaulting operators
The Nigerian Communications Commission has said that any digital mobile operators that fail to disconnect unregistered subscribers will face sanctions from the regulatory agency. In a telephone...
View ArticleDirectors warned against interfering in banks’ operations
Non-executive directors in the four banks recently licensed by the Federal Government have been warned not to interfere in the day-to-day running of the banks. The President, Bank Directors Association...
View ArticleStelios to vote against EasyJet’s Airbus order
EasyJet’s founder and biggest shareholder, Stelios Haji-Ioannou, on Monday said he would vote against the airline’s plan to buy 135 new Airbus planes at an investor meeting later this month, Reuters...
View ArticleTD, Dell promote Intel Core processors
Information and communications technology products distributor in West Africa, Technology Distributions; and personal computers manufacturer, Dell Computers, are promoting Intel Core processors as...
View ArticleStrike: Petrol scarcity hits Abuja, Minna
Long queues of motorists resurfaced in most petrol filling stations in the Federal Capital Territory and Minna, Niger State capital, on Monday following the commencement of a three-day warning strike...
View ArticleFrench car sales down 9% in June
French car sales fell another nine per cent in June year-on-year and more than 11 percent in the first six months of 2013 overall, its main industry body said on Monday, expressing hope the market may...
View ArticleNLNG/NIMASA crisis pushes up cooking gas price
The scarcity of Liquefied Petroleum Gas, popularly known as cooking gas, which became noticeable on Friday, worsened on Monday with major plants in Lagos and Ogun states rationing the product and...
View ArticleAsian factory blues deepened in June, exports dropped
A few sub-indicators of the PMI have long indicated that the economy is in sharp distress,” Ren said, referring to input prices and stocks of purchases, which have both contracted for at least three...
View ArticleStakes raised as Greece, lenders resume talks
Greece and its international lenders resume talks on Monday to unlock $10.5bn (£6.9bn) of rescue loans after a two-week break during which the government almost collapsed over redundancies at state...
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