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China Signs Billion Pound Deal With Africa

China – Ministers signed 16 deals with African nations worth a total of 1 Billion pounds at a trade conference in Beijiing, China...
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First Bank Emerges Bank of The Year

The nation’s foremost bank, First Bank of Nigeria Plc on Friday, confirmed its leadership position in the banking sector when it clinched the prestigious Bank of the Year award at the 2006 annual Bankers’ Dinner in Lagos...
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Top Stories

International Trade Fair Complex, Lagos

Lagos International Trade Fair Opens...

The 20th Lagos International Trade Fair was opened in Lagos on Friday. Femi Deru, Vice President of the Lagos Chamber of Commerce and Industry (LCCI) that organizes the fair, said the fair would attract about 800 exhibitors...


Reltelwireless Expands Its Operations...
Reltelwireless, a leading Private Telephone Operator (PTO) which recently extended its operations to the Federal Capital Territory has launched an aggressive service rollout plan...


Briton, American Kidnapped From Oil Ship in Bayelsa State...
An American and a Briton working for Norwegian oil services firm Petroleum Geo-Services (PGS) were kidnapped in the Niger Delta region, officials confirmed.


Starcomms Displays EV-DO at Lagos Fair...
Starcomms, Nigeria’s largest CDMA 3G Mobile Operator will be exhibiting its latest product, the EV-DO, at the forthcoming Lagos International Trade fair...


The Nitel tower

Oil prices slip below $58...

World oil prices have dropped as the market digested the supply outlook in the United States, the world’s biggest consumer of energy.


The Nitel tower

The Raging Controversy in NITEL’s
Sale...


When the sale of 75 per cent share of NITEL and its mobile subsidiary, Mtel to Trans National Corporation (Transcorp) was announced in July by the Bureau of Public Enterprises (BPE), it appeared an end had come to the traumatic journey of finding the right man for Nigeria’s telecommunication beautiful bride.


Columnist Weekly
Philip Emeagwali

IDEAS, NOT
MONEY,
GENERATE
CAPITAL FOR
POVERTY
ALLEVIATION.

Follow the thoughts of one of Africa’s greatest brains who was voted history's greatest scientist (#1) of African descent — and the 35th greatest African of all time — in a survey for the September 2004 issue of the London-based New African magazine. He won the 1989 Gordon Bell Prize, the Nobel Prize of supercomputing and in 2000 was extolled by Bill Clinton as “one of the great minds of the Information Age.”

Africa: Out-of-the-Box Thinking in an
 In-the-Box World

- By Philip Emeagwali

I once believed that capital was another word for money, the accumulated wealth of a country or its people. Surely, I thought, wealth is determined by the money or property in one’s possession. Then I saw a Deutsche Bank advertisement in the Wall Street Journal that proclaimed: “Ideas are capital. The rest is just money.”
...more


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Comment

PHCN & Online Electricity Payment System
By Chyke

This is a great achievement for the country. My only concern here is the motivation for this implementation...
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