May 22
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Nigeria: Fidelity Bank Grows Profit After Tax By 604 Percent
Fidelity Bank plc yesterday declared a profit after tax of N18.2 billion for its financial year ended December 31, 2012, just as it approved a dividend of 21 kobo per share to its... Read more »
May 21
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Nigeria: AMCON to Complete Sale of Nationalised Banks By 2014
The Asset Management Corporation, AMCON, yesterday, said it would wind up its operations by the year 2023. Read more »
May 20
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Nigeria: Court Convicts 'My Pikin' Killer Syrup Makers, Winds-Up Company
A Federal High Court sitting in Lagos, Friday convicted and setenced to seven years imprisonment, two employees of Barewa Pharmaceutical Company Ltd, Adeyemo Abiodun and Ebele... Read more »
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Nigeria: No Management Contract With Rivers to Operate Aircraft - Caverton
Caverton Helicopters has told the House of Representative Committee on Aviation, and its counterpart on Justice that they had no management contract with Rivers State government to... Read more »
May 13
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Nigeria: Pacesetting Corporate Social Responsibility
The MTN Foundation was incorporated in July 2004 to offer a sustainable and focused channel through which MTN Nigeria would drive its corporate social responsibility initiatives in... Read more »
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Nigeria: Kelvin Lucciano Emerges PMAN President
Questionmark boss, Kevin Lucciano Gabriel is now PMAN Interim President. And he would be in office for 18 months. Read more »
May 2
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Nigeria: FCMB Posts N15.3 Billion After Tax Profit
First City Monument bank Plc (FCMB) has declared N15.3 billion after tax profit for the Financial year ended December 31st 2012, and a bonus of one additional share for every 25... Read more »
April 30
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Nigeria: TNL Planning Toyota Plant in Nigeria - Ade Ojo
Indications that Toyota Nigeria Limited, (TNL) representatives of Toyota Motor Corporation is concluding plans for the setting up of a Toyota assembly plant in Nigeria emerged... Read more »
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Nigeria: Porche Centre Unveils Panamera Platinum Edition
The Porsche Centre Lagos has unveiled the latest model of Porche Panamera, also known as the Platinum edition. The Panamera Platinum edition is competitely priced with the price... Read more »
April 29
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Nigeria: Trinity House Opens New Shop
ON July 18, 2010, former urbane Redeemed Chriustian Church of God pastor, Ituah Ighodalo inaugurated his own assembly, Trinity House, at the Civic Centre, Victoria Island to end a... Read more »
April 26
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Nigeria: Access Bank Reduces Unclaimed Dividend By N2.46 Billion
Access Bank Plc, yesterday, announced a reduction in its unclaimed dividend by 78 per cent in one year, even as the Group Managing Director/Chief Executive of the bank, Mr. Aigboje... Read more »
April 24
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Nigeria: 'My Pikin Contains Contaminant'
A Director of Chemical and Evaluation Research, National Agency for Food Drugs, Administration and Control, NAFDAC, and prosecution witness, Tuesday, told a Federal High Court... Read more »
April 23
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Nigeria: All-New Kia Cerato Settles in Nigeria
Dana Motors, representatives of Kia Motors in Nigeria, has launched the all-new Kia Cerato into the market. The new Cerato which Kia described as a gift of true innovation was... Read more »
April 18
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Nigeria: Airtel Scales NCC's Quality of Service Hurdle
... Assures Nigerians of Superior Network Experience Read more »
April 15
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Nigeria: RLPC - Nigeria's Dangote Group Seeks Debut U.S.$3.5 Billion Syndicated Loan
Dangote Group, Nigeria's biggest listed company, has begun talks to raise a debut syndicated loan for $3.5 billion to fund fertiliser and oil refinery projects, two sources with... Read more »
April 12
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Nigeria: Total Declares N4.7 Billion PAT as Mobil Records Drop in Profitability
Total Nigeria Plc has declared a N4.7 billion profit after tax for its operating year ended 2012 financial year, representing an increase of 22.5 per cent, when compared to N3.8... Read more »
April 11
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Nigeria: Shell Begins Pullout From Ogoniland
Shell Petroleum Development Company of Nigeria, said, Wednesday, it had begun the decommissioning of its facilities in Ogoniland, Rivers State, with the commencement of an audit of... Read more »
April 8
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Nigeria: AMCON Tackles IMF
The International Monetary Fund (IMF) recently concluded its 2012 'Article IV Consultation' on Nigeria. The IMF, as part of its recommendations, suggested the winding down of the... Read more »
April 6
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Nigeria: Preferred Bidder for Calabar Specialist Hospital Project Emerges
The Cross River State Executive Council has approved the procurement of UTOPIAN CONSULTING LIMITED as the Preferred Bidder for the Calabar Specialist Hospital Project. Read more »
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Nigeria: Nipost Surviving Without Letters
When was the last time you visited a post office to transact business? When was the last time you posted a letter or purchased a postal stamp? What have taken the places of postal... Read more »
April 4
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Nigeria: Chevron Donates AutoCAD Studio to YYABATECH
IN its effort towards promoting advanced engineering training in the country, Chevron Nigeria Limited, last week, donated an AutoCAD studio with modern equipment and software to... Read more »
April 3
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Nigeria: Aero Bars Workers From Resumption, Demands CVs
CONTRARY to the resolution reached at a meeting with the Senate Committee on Aviation, management of Aero Contractors and representatives of the three unions in the nation's... Read more »
April 1
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Nigeria: Nitel - It Exists Only in Name
TIME was when the Nigerian Telecommunications Limited, NITEL, used to be the alpha and omega in the communications industry as it enjoyed unfettered monopoly. Read more »
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Nigeria: Abandoned to Rot in Jigawa
In Dutse, the Jigawa State Capital, the NITEL headquarters was a sorry sight, when Vanguard visited the premises last week The abandoned property was over grown with different... Read more »
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Nigeria: Pensioners Plight Remain Sour Point
Life is almost absent in facilities owned by the NITEL in Plateau State with equipment rotting away in offices within the state capital and in other local government areas of the... Read more »
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