Mokwunye links insurance development to public support
The Group Managing Director, Royal Exchange Plc, Mr. Chike Mokwunye, has said that national advocacy has a great tendency to influence insurance penetration in the country. He said this while making a...
View ArticleInfrastructural support: MTN Nigeria’s CEO rates Lagos high
The Chief Executive Officer, MTN Nigeria, Mr. Michael Ikpoki, has expressed gratitude to the Lagos State government for its leading role in the provision of critical infrastructure and support for the...
View Article25,000 people assisted in UK govt-backed schemes
New figures show that in the United kingdom government backed housing schemes have created 25,000 new home owners. According to reports by propertywire.com, tens of thousands of people have taken their...
View ArticleSteel production rises by 14%
Production of steel reinforcement bars rose by 14 per cent to 113 million metric tons in the first seven months and stockpiles slumped by 35 per cent from an all-time high. Rebar, accounting for almost...
View ArticleSamsung opens Ibadan, Yaba, Surulere stores
Samsung Electronics West Africa, in partnership with accredited local partners, has stepped up its nationwide market expansion drive in Nigeria with the opening of two more direct-to-market stores in...
View ArticleStriking S’Africa miners return to work
More than 60,000 South African gold miners began resuming work last night after a 48-hour strike as they accepted an eight per cent pay increase from companies including AngloGold Ashanti Limited and...
View ArticleSabotage caused Amuay disaster –Venezuela probe
An official investigation into a 2012 explosion at Venezuela’s largest refinery Amuay has concluded sabotage was to blame for one of the global oil industry’s deadliest accidents, the OPEC nation’s oil...
View ArticleMoneyGram introduces school programme
MoneyGram International has announced the introduction of the 2013 edition of its in-country annual ‘Gear up for school’ project through which it will distribute learning materials to thousands of...
View ArticleMain One, USTDA sign agreement on fibre expansion
Main One, a provider of telecoms services and network solutions for businesses in West Africa, has been awarded a grant by the United States Trade and Development Agency to support a feasibility study...
View ArticleRSA woos brokers with access to top underwriters
RSA has officially opened its first platinum trading site, which it says will deepen its relationship with top brokers by facilitating face-to-face deals with its most senior underwriters,...
View ArticleNCC warns telecoms operators on quality of service
The Nigerian Communications Commission has asked telecoms operators in the country not to compromise their quality of service because of sales promotions. Executive Commissioner, NCC’s Stakeholders’...
View ArticleCyprus economic contraction worst since mid-1970s
The struggling economy of Cyprus has suffered its worst annual contraction since the mid-1970s, according to official figures. According to a British Broadcasting Corporation report, Its economy shrank...
View ArticleMainstream, luxury home prices rise in US
Mainstream house prices in the United States are now 9.3 per cent higher than a year ago and new home sales are at their highest level for five years with lack of supply fuelling growth and recovery,...
View ArticleDrop in mortgage rates boosts buyers number
The number of first time buyers in the United Kingdom rose 45 per cent year on year in July, thanks largely to a sharp fall in mortgage rates making homes more affordable. According to...
View ArticleDaimler aims to launch self-driving car by 2020
Germany’s Daimler AG plans to start selling a self-driving car by 2020 as part of its campaign to regain the top spot among premium carmakers, its development chief said. Reuters reported that...
View ArticleResearch institute to build cassava factories in 36 states
The Federal Institute of Industrial Research has revealed plans to build cassava factories in the 36 states of the federation. The Director-General of the institute, Dr. Gloria Elemo, stated this...
View ArticleIFMA denies interest in Abuja stadium management
The International Facility Management Association, Nigeria Chapter, has denied that it is interested in managing the Abuja National Stadium or any government facility. This position was made known in a...
View ArticleNIS Lagos building to get a facelift
The Nigerian Institution of Surveyors’ building, also known as the professional centre, which is located in Victoria Island, Lagos is set to receive a facelift after several years. The repairs on the...
View ArticleNissan launches Nismo smartwatch for drivers
A smartwatch that monitors the performance of a vehicle as well as the driver has been launched by car manufacturer Nissan, the British Broadcasting Corporation reported. Like many other smartwatches,...
View ArticleAirtel invests $3.7bn in infrastructure upgrade, others
The Director, Regional Operations, West Region, Airtel, Mr. Segun Macauley, says that the company has spent about $3.7bn for infrastructure upgrade, technology mapping and capacity expansion. Speaking...
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