Airtel’s Magic Box offer targets Internet users
Telecommunications service provider, Airtel Nigeria, has introduced a special data offer that will enable its customers surf the Internet at a reasonably modest rate. The special data package, tagged:...
View ArticleBridgepoint buys Oasis Healthcare for $281m
Private equity group Bridgepoint has bought Britain’s biggest independent dentist, Oasis Healthcare, from buy-out firm Duke Street for £185m ($281m), the companies said on Sunday. Reuters reported that...
View ArticleShares gain 132% since 2009
Shares have surged by 132 per cent since March 9, 2009, the biggest bull market since the eight-year advance in which the benchmark index added 302 percent through 1998. Bloomberg News reports that...
View ArticleUS equities decline on data
Stocks fell modestly on Monday after weaker-than-expected United States manufacturing data and the Dow and S&P 500 slipped from record closing highs reached on Thursday. The Institute for Supply...
View ArticleCocoa association rejects new fees
The Cocoa Association of Nigeria on Monday rejected the increase in the registration fees payable by exporters and agents of the commodity in Ondo State. It asked the state government to rescind the...
View ArticleCassava production: Japan signs MoU with Nigerian institutions
Japan has signed a memorandum of understanding with the International Institute of Tropical Agriculture and the Afe Babalola University, Ado Ekiti, to improve cassava production and processing for...
View ArticleS&P 500 rally beats forecasts
The advance that pushed the Standard & Poor’s 500 Index to a record left companies trading closer to analyst price estimates than any time in at least seven years. Shares in the index are five per...
View ArticleBaer says Merrill Lynch unit integration on track
Julius Baer has transferred ownership of businesses in Chile, Uruguay, Monaco and Luxembourg which it bought from Merrill Lynch as it integrates the wealth management businesses it acquired from the...
View ArticleVietinBank surges on 2013 earnings forecast
Vietnam Joint-Stock Commercial Bank for Industry & Trade shares climbed to the highest level in a month on Tuesday after the company forecast earnings will increase five per cent this year,...
View Article‘Quoris’ll win more followers for Kia’
Kia is optimistic that its latest vehicle in town, Quoris will boost its sales and increase its rating in the Nigerian auto industry. This declaration came from the President, Middle East and Africa,...
View ArticleBPE gives KEPCO offer letter for Egbin plant
The Bureau of Public Enterprises has given an offer letter to KEPCO Energy Resources for the sale of 70 per cent of the Federal Government’s shares in Egbin Power Plc. This is contained in a statement...
View ArticleFG to export 76 crude cargoes in May
The Federal Government will increase crude oil exports to 76 cargoes in May, according to the final loading programme. The figure compares with 66 shipments due to be exported this month, according to...
View ArticleLagos intensifies LASTMA, KAI reforms
All patrol officers and other personnel of the Lagos State Traffic Management Authority and Kick Against Indiscipline are to undergo periodic training to keep them abreast of the latest development in...
View ArticleForte Oil profit hits N1bn
Forte Oil Plc (formerly African Petroleum Plc) has declared a profit after tax of N1.007bn for the 2012 financial year. The results released to the Nigerian Stock Exchange on Tuesday showed that the...
View ArticleDodge steals show with new look Durango
The 2014 Dodge Durango has stood out as the most attractive eight-speed vehicle among scores of new vehicles just unveiled at the ongoing New York International Auto Show. New vehicle enthusiasts say...
View ArticleNGO trains women on various skills
No fewer than 500 women have been trained on various skills by the Beatrice Nkem Ofoegbu Charity Foundation, a non-governmental organisation, with its headquarters in Nnewi, Anambra State. The...
View ArticleUS equities gains on health stocks
Stocks rose on Tuesday, pushing the S&P 500 within striking distance of its all-time intraday high, as healthcare stocks surged after a government decision raised prospects of higher profits....
View ArticleZamfara to demolish 800 houses for airport project
Governor Abdulaziz Yari of Zamfara State said on Tuesday in Gusau that about 800 houses had been marked for demolition to make way for the construction of the Gusau Airport. Yari, who made the...
View ArticleCourt orders Gaskiya Textile to pay workers N128.3m
The management of Gaskiya Textile Mill, Kano has been ordered by the National Industrial Court to pay N128.3m to its former workers and the National Union of Textile and Garment, Tailoring Workers of...
View ArticleUnemployment, Nigeria’s major problem – NUCECFWW
The National Union of Civil Engineering, Construction, Furniture and Wood Workers has described unemployment as one of the greatest problems facing the country. The union said this in a communiqué...
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