FG sets 2013 for ICT industry breakthrough
When the Ministry of Communications Technology was created in 2011, Nigerians were told to expect a breakthrough in the industry soon. STANLEY OPARA examines developments so far. The defining moment...
View ArticleLagos real estate agency set to tackle quackery
The era of estate agents ripping off intending tenants will soon be over following the establishment of the Lagos State Real Agency Transaction Department to tackle the housing challenge in the state...
View ArticleFidelity Bank wins African oil, gas deal award
The Project Finance Magazine, a publication of Euromoney Plc, United Kingdom, has adjudged Fidelity Bank Plc the winner of The African Oil & Gas Deal of the Year 2012. According to a statement by...
View ArticleBofA dismisses Montana, 29 others
Bank of America Corporation’s Matthew Montana, who ran international equities trading from New York, was among more than 30 trading and sales employees dismissed this month, people with direct...
View ArticleUPDC completes first phase of Cameron Green
In line with stakeholders’ efforts to reduce the housing deficit in the country, UACN Property Development Company Plc has completed the first phase of its residential estate, Cameron Green, which is...
View ArticleTCN installs power transformers in Oyo, Niger
The Transmission Company of Nigeria has completed the installation of two power transformers in Oyo and Niger states. TCN said a new 60MVA was recently installed in its Ibadan North Transmission...
View ArticleUS Senate adopts first budget in four years
WASHINGTON: The United States Senate on Saturday adopted a proposal that would modestly reduce debt through higher taxes for top earners as part of the first budget plan the Democratic-controlled body...
View ArticleOsborne criticises handling of Cyprus bailout
George Osborne has criticised the handling of the Cyprus crisis by European and Cypriot authorities, the British Broadcasting Corporation reported on Tuesday. The United Kingdom chancellor told the...
View ArticleOil theft, other maritime crimes worry FG
The spate of crude oil theft and other criminal activities in the nation’s maritime industry has become a source of worry to the Federal Government. The Minister of Transport, Senator Idris Umar, who...
View ArticleExcel spreadsheets turned into video game
A Canadian accountant has managed to create a basic video game using only Excel spreadsheets, the British Broadcasting Corporation reported on Tuesday. The game, called Arena.Xlsm, is a turn-based...
View ArticleSouth African firm to service Russian choppers
South Africa’s state-owned Denel Aviation says it is unveiling the first authorised maintenance and service center for hundreds of Russian helicopters operating in sub-Saharan Africa, The Associated...
View ArticleIcahn opens door to Blackstone tie-up on Dell bid
Two of the most prominent United States investors could upset Michael Dell’s $24.4bn buyout bid for Dell Incorporated, after billionaire Carl Icahn opened the door to an alliance with Blackstone Group...
View ArticleLufthansa links loss to higher oil prices
Lufthansa German airline has linked its loss in the 2012 financial year to higher oil prices. Consequently, the airline said it would replace old and fuel-guzzling aircraft with new ones that are...
View ArticleEurope seeks to spur building of fast broadband networks
The European Commission has set out rules aimed at reducing the cost of building high-speed broadband networks, in a move that shows how Brussels is seeking more power over the telecoms sector, Reuters...
View ArticleFoxconn posts record quarterly profit on Apple boost
Hon Hai Precision Industry, a major assembler of Apple products, has posted record quarterly profits helped by growing demand for iPhones and iPads, the British Broadcasting Corporation reported on...
View ArticleBritish teenage whiz strikes deal with Yahoo
One of Britain’s youngest Internet entrepreneurs has hit the jackpot after selling his top-selling mobile application Summly to search giant Yahoo, Associated Press reported on Tuesday....
View ArticleNigerian airport terminals looking better —Reps
The Chairman, House of Representative Committee on Aviation, Mrs. Nkeiruka Onyejeocha, has said that remodelled airport terminals in the country are now looking better. She also said they had met the...
View ArticleMany companies don’t understand importance of human capital –Irwin
Judith Irwin is a Board member, These Young Minds, a firm that provides management training for executives. In this interview with SIMON EJEMBI, she talks about major management mistakes Nigerian...
View ArticlePrivacy ‘impossible’ with Google Glass, warn campaigners
Google Glass and other augmented reality gadgets risk creating a world in which privacy is impossible, warn campaigners, the British Broadcasting Corporation reported on Tuesday. The warning comes from...
View ArticleCypriot youths protest as banks stay shut
Thousands of students and hundreds of bank workers protested in the Cypriot capital Nicosia on Tuesday as banks stayed shut to stop a run on deposits after the island agreed a painful bailout to avert...
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