Zinox to complete ICT mall by 2016
Africa’s largest ICT product mall being built by the Zinox Group will be unveiled by 2016, the Chairman, Zinox Group, Chief Leo Stan Ekeh, has said. Another brainchild of the Zinox boss, the ICT mall...
View ArticleFG endorses BrainFriend software for schools
The Federal Ministry of Education has approved the Cinfores BrainFriend electronic learning and examination preparatory software as a tool for the enhancement of teaching and learning methods in...
View ArticleTerrorist attacks on policemen, others drive up insurance claims
The increasing demand for insurance claims by widows and dependants of slain police and other paramilitary officers in terrorist attacks in the country has led to a significant rise in the claims...
View ArticleOando raises N55.2bn in rights issue
Oando Plc raised N55.2bn in its recently concluded rights issue. A statement from Oando on Monday noted that the company recorded an over subscription as it had issued 4.548 billion shares to...
View ArticleUBA Capital’s Q1 profit rises to N617bn
UBA Capital Plc has reported a profit before tax of N617bn for the first quarter ended March 31, 2013. The company’s profit, which stood at N198bn in March 2012, rose by N419bn or 211 per cent to...
View ArticleYahoo to buy Tumblr for $1.1bn
Yahoo Incorporated will buy blogging service Tumblr for $1.1bn cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its...
View ArticleSeamless, GrubHub set for merger
Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the United...
View ArticleNCC seeks more investment in telecoms industry
The Nigerian Communications Commission has called for more foreign and local investments in the country’s telecoms sector, assuring that investors are duly protected by existing telecoms laws. The...
View ArticleBenchmark lending rate reduction’ll boost economy – Okonjo-Iweala
The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Monday said the economy would benefit from interest rate easing. The minister, however, said it was likely the Central Bank of Nigeria would keep...
View ArticleFormer Nokia employees show off first Jolla smartphone
Finland based smartphone start-up, Jolla, has started taking pre-orders of its first handset, based on its own Sailfish Operating System. The company was founded by a number of former Nokia employees...
View ArticleSkye Bank to invest $150m in power sector
Skye Bank Plc has announced its plans to invest up to $150m in the power sector before the end of this year. The Group Managing Director, Skye Bank, Mr. Kehinde Durosinmi-Etti, said that about 17 per...
View ArticleLondon shares hit 12-year high
The FTSE 100 has closed at its highest for 12 years as investors seek better returns on shares than they can get on bonds and other savings. The British Broadcasting Corporation reports that the index...
View ArticleASUS introduces Fonepad to aid digital communication
Global notebook vendor, ASUS, is building on the success and critical acclaim of its Android Transformer tablets and PadFone smartphones, to unveil Fonepad, which is a new range of devices that...
View ArticleCisco introduces product to simplify network design
Cisco has introduced new solutions under the Cisco Unified Access umbrella that simplifies network design by converging wired and wireless networks. This, the firm said, will help simplify network...
View ArticleSenate insists on powers to tinker with budgets
The President of the Senate, David Mark, has said the National Assembly’s input in national budgets is based on the powers given to it by the Constitution. He spoke at a workshop for civil society...
View ArticleICT skills, critical to development – NITDA boss
The Director-General, National Information Technology Development Agency, Prof. Cleopas Angaye, has said possession of Information and Communications Technology skills is a critical need for the much...
View ArticleiGate sacks CEO over undisclosed relationship
Information Technology outsourcing company iGate Corporation said it had sacked its chief executive, Phaneesh Murthy, for not disclosing a relationship with a subordinate after investigating one of...
View ArticleMercedes-Benz’s new E-Class sets benchmark in luxury
The E-Class is easily the most important car from the stable of Mercedes-Benz, going by the considerable attention and mention it enjoys from the manufacturer, reviewers and lovers of luxury vehicles...
View ArticleIbeto begins payment of Nigercem workers’ retirement benefits
Ibeto Cement Company has announced the commencement of payment of the outstanding retirement benefits for former employees of the Nigerian Cement Company Plc. The company said in a statement made...
View ArticleE-Recruitment can solve selection challenges – Dragnet MD
The Managing Director, Dragnet Solutions, Mr. Rober Ikazoboh, has said lack of standards and the poor adoption of technology were part of the causes of recruitment challenges in the public sector. A...
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