Experts to discuss mobile number portability
The Chairman of OpenMedia and immediate past Executive Vice Chairman and Chief Executive Officer, Nigerian Communications Commission, Dr. Ernest Ndukwe, will be chairing the ICT Publishers, Alliance...
View ArticleJonathan asks African leaders to improve economic relations
President Goodluck Jonathan on Monday called on African leaders to take steps towards fulfilling their often declared commitment to improving trade and economic relations among countries on the...
View ArticleLoews profit soars as insurance revenue grows
Hotel, energy and financial services conglomerate Loews Corp reported a jump in quarterly profit due to a strong performance at its biggest business, insurer CNA Financial Corp, Reuters reported. CNA,...
View ArticleStocks rise on earnings as index gains 1.12%
Nigerian stocks rallied on Monday with the major indices closing positive as traders bought and sold shares on positive earnings reports. The Nigerian Stock Exchange’s All-Share Index rose by 1.12 per...
View ArticleAmerica Movil increase stake in KPN
Royal KPN NV says America Movil has ended a cooperation agreement, a move that clears the way for the Mexican company to raise its stake in the Netherlands’ largest telecom company. According to the...
View ArticleEtisalat commits N80m to scholarship awards
Etisalat Nigeria has said it has committed about N80m to the funding of scholarship awards to about 800 Nigerian students in institutions of higher learning across the six geopolitical zones of the...
View ArticleAsus develops transformer book
Asus has developed the Asus TransformerBook to offer consumer a fully functioning notebook that can transform itself into a tablet. According to a statement by the firm on Monday, this innovation came...
View ArticleUBA unveils e-banking security centre
United Bank for Africa Plc has unveiled a security operation centre aimed at securing all electronic banking transactions and protects its customers against cyber crimes. The bank on Monday said the...
View ArticleUBA posts N33.2bn half-year profit
United Bank for Africa Plc has announced a profit of N33.2bn for the half year ending June 30, 2013, showing an increase of 9.2 per cent, compared to N30.4bn, recorded in the corresponding period of...
View ArticleDeloitte loses appeal in MG Rover disciplinary case
Accountancy firm Deloitte has lost its appeal against a regulatory ruling that it failed to manage conflicts of interest in its advice to MG Rover Group and the “Phoenix Four” directors who bought the...
View ArticleOil train safety rule delayed by one year
The Obama administration has delayed by nearly a year a plan to boost safety standards for the type of rail car involved in a fiery explosion that killed at least 47 people in Canada this month. The...
View ArticleLG re-enters Nigerian PC market with Tab-Book
LG Electronics has announced the introduction of its Tab-Books (models H160 and Z160) and Ultrabooks to the Nigerian market. LG’s Tablet-Notebook hybrid combines the light weight and mobile...
View ArticleReporting accountants seek bigger role in capital market
Accountants operating in the Nigerian capital market under the Association of Reporting Accountants on the Capital Market have expressed a desire to play a more significant role as the market develops....
View ArticleCar thieves target Toyota, Honda, Mercedes
In Nigeria, owners of new Toyota and Honda cars will be taking a big risk if they fail to compressively insure the vehicles against theft. Statistics from the police showed that Toyota cars, followed...
View ArticleBajaj unveils BM 150 motorcycle
Bajaj Autos, makers of Bajaj range of motorcycles and tricycles, has added Boxer BM 150 to its range of motorcycles. A statement by the Manager, International Business, Bajaj Nigeria, Mr Joshi...
View Article‘Perm Secs’ appointment must not be politicised’
Henceforth, the position of Permanent Secretaries in the nation’s civil service should be for seasoned and competent officers, who must have risen through the ranks and not for political appointees....
View ArticleJP Morgan pays $410m to settle energy case
JP Morgan’s energy unit has agreed to pay $410m (£268m) to settle charges from the top United States energy regulator that it manipulated energy markets, the British Broadcasting Corporation reported...
View ArticleUN Women partners firm to empower rural dwellers
The United Nations Women, an arm of the UN that promotes gender equality and women empowerment globally, has announced its partnership with Novo Health Africa to train Nigerian women in rural...
View ArticlePilots’ training’ll reduce plane crashes –RwandAir
The Senior Sales Manager of RwandAir, Lilian Kyatengwa, has urged travelling companies and agencies to train pilots and other personnel involved in flying aircraft to reduce the rate of accidents....
View ArticleSprint feels pain of Nextel close, widens loss
Sprint Corporation, the ailing No. 3 of the United Satets wireless business, has had the surgery. Now it’s in for a trying recovery period, The Associated Press reported on Tuesday. In the last few...
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