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Guinness Nigeria’s 51.3 Per Cent Rise in after Tax Profit

Guinness Nigeria Plc has announced a 51.3 per cent rise in its after tax profit in the financial year ended June 30, 2006....
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Moneygram and Springbank Collaborate

Moneygram International Monetary Transfer and Springbank have agreed a partnership to provide money transfer services to Nigerians abroad...
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Top Stories

Celtel Proposes Lower Tariff Via Operational Cost Reduction...
Shortly after MTN, its rival operator in Nigeria announced a slash in its call charges, Celtel has indicated an interest in lower GSM tariff regime in the country by proposing strategies for reducing the huge operational cost.


Indigenous Shipping Firms to Be Boosted By New Bill...
Federal Government of Nigeria may soon introduce another cargo preference version aimed at encouraging the emergence of national carriers.


Expectations of the Construction Sector Ahead Of 2007 Budget...
President Olusegun Obasanjo is due o present the 2007 Appropriation Bill early October before a joint session of the National Assembly.


Total Finds New Oil In Nigeria ...
ELF Petroleum Nigeria Limited, (EPNL), a subsidiary of Total Plc announced the discovery of fresh hydrocarbon resources in its Usan field located in deepwater Oil Prospecting License (OPL) 222 offshore Niger Delta.


Nigeria’s Insurance Sector Presents an Investment Opportunity...
Nigeria’s insurance industry embarked on recapitalization and consolidation with a view to strengthening the industry and developing firms capable of dealing with the requirements of a changing market.


World Bank Says Nigeria’s Economy Is Making Good Progress...
The World Bank Country Director in Nigeria, Dr. Hafez Ghanem, has said that the Economic Reforms by the federal government was yielding good results...


Returns On Pension Fund...
The regulatory authority in the nation’s pension industry, National Pension Commission (PenCom), issued a regulation on valuation of pension fund asset portfolios to ensure...


New Law Creates Bureau Of State, LG Pension...
Each state and local government authority in the Federation is now required to have a Bureau of State Government and Bureau of Local Government Pension to cater for the Public Service of each state...


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Columnist Weekly
For over 130 million people that make up Nigeria, costly bandwidth continues to make the Internet a rather inaccessible window.

Virtually all of Nigeria’s Internet traffic, depends on satellite connections, which are several times more costly than the fibre-optic links between the US and Europe up to Asia. Satellite providers, primarily Intelsat, New Skies and Panamsat, provide all international bandwidth for...
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