Applicants frustrated over Imoke’s ‘refusal’ to approve land
Over 1 600 prospective land allottees in Calabar are frustrated over the alleged reluctance of the Cross River State Governor, Liyel Imoke, to approve application for land allocations. The state...
View ArticleRegulators approve Athene, Aviva deal
Regulators in Iowa and New York approved the closely watched acquisition of fixed annuity insurer Aviva Life and Annuity Company and its subsidiaries by Athene Holding, www.insurancenewsnet.com...
View ArticleBlackBerry faced secret plot to switch to Android OS
It has been revealed that BlackBerry came under an attempted $8bn takeover bid last summer from a Silicon Valley entrepreneur although the attempt quite evidently failed. Entrepreneur and angel...
View Article3RT Solutions advocates tech-driven higher institutions
The Smart Campus Campaign pioneered by 3RT Solutions will, this year, be engaging all stakeholders in Nigeria’s educational sector to ensure increased usage of contemporary technologies in higher...
View ArticleNigerian banks lure S’African lenders
Nigerian banks are rebounding from a record discount to lenders in South Africa as growth prospects for the continent’s two largest economies diverge. Investec Asset Management says the rally has...
View ArticleEcobank rewards customers
Ecobank Nigeria has unveiled a ‘Giant Prize Give Away’ promotion to reward existing and new customers, who actively operate current and savings accounts. According to a statement from the bank, the...
View ArticleForeigners invest $5.1bn in FG bonds –DMO
The opening of access and establishment of the Nigerian sovereign bond in the International Capital Market have helped to increase foreign investors’ holding in the Federal Government securities by...
View ArticleSamsung introduces digital inverter compressor in refrigerator
Samsung Electronics West Africa, a subsidiary of Samsung Electronics Company Limited, has unveiled its new Bottom Mounted Freezer refrigerator powered with a digital inverter compressor. The new...
View ArticleFirst Registrars inaugurates products to reduce unclaimed dividends
Worried about the increasing figures of unclaimed dividends in the capital market every year, First Registrars Nigeria Limited has inaugurated a product aimed at giving investors easy access to their...
View ArticleGovt unserious about taming building collapse – Institute
The high incidence of building collapse in different parts of the country is causing embarrassment to professionals in the built environment, but the Nigerian Institute of Building says its members are...
View ArticleCBN, stakeholders meet on cash-less policy
The Central Bank of Nigeria has advised banks and Bureau de Change operators on the need to sensitise their customers to the cash-less policy. According to the News Agency of Nigeria, a Deputy...
View ArticleThailand to help Nigeria in rice, cassava production
Thailand is to help Nigeria to improve the local production of rice so as to reduce the importation of the commodity and to add value to cassava production. The Deputy Prime Minister and Minister of...
View ArticleCapital market gains N4.2tn in one year
The equities section of the Nigerian Stock Exchange has been on a steady rise in the last one year, leading to a total appreciation of N4.6tn as of Monday’s closing. The steady climb in the market,...
View ArticleTransmission tower collapses, causes outage in Gombe, Yobe
Some parts of Gombe and Yobe states have been thrown into darkness following the collapse of a major transmission tower in Gombe, the Transmission Company of Nigeria has said. The TCN, in a statement...
View ArticleChina stocks climb as communication shares gain
China’s stocks rose for the first time in four days as communication shares and rare-earth producers rallied after the government said it will expand the country’s broadband network. Brokerages...
View ArticleNigerian telecoms sector, investors’ delight –Report
The rate of growth in Nigeria’s telecommunications industry and her large population are parameters that will continue to make the country one of the most attractive markets to investors in Africa and...
View ArticleAfrica’s transition to 3G network continuous – Qualcomm
Qualcomm Incorporated has said the rapid transition to 3G mobile broadband is continuous in Africa. According to the chipmaker, consumers are reaping the benefits of enhanced multimedia services,...
View ArticleGM, Nissan plants disrupted in SA by strike
Plants owned by General Motors Company, Nissan Motor Company, and other carmakers in South Africa were disrupted today as about 30,000 workers went on strike to demand higher pay. “The strike started...
View ArticleID card: NIMC begins registration in rural areas
The National Identity Management Commission in Cross River says it has begun mass registration of people in the rural areas across the State for the new National Identity Number. The State Coordinator...
View ArticleCore debt yields rise, knocking emerging markets
Rising expectations that the Federal Reserve will soon scale back its stimulus drove German and United States bond yields to multi-month highs on Monday and dealt a blow to emerging markets, with...
View Article