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FG Nets $3m From Grain Sales

The Federal Government has disclosed that it realised a total of three million US dollars from the sales of grains to the United Nations World FOOD Programme (WFP) last year...
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MTN 'Not Takeover Target'

Sub-Saharan Africa's biggest cellular operator MTN has not received any takeover approaches recently, a top executive has said, shrugging off talk MTN may become a target as rich Middle Eastern firms expand on the continent...
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Top Stories

Oil Firms In Fresh Strategy For 2006 Bid Round...
DOHA,Qatar— Multinational oil firms, preparing to participate in the 2006 licensing round for oil and gas blocks, have keyed into the Federal Government’s downstream strategic investment approach for acquisition of acreage.


24-year Sentence for Enron Boss...
Jeffrey Skilling, former Enron Chief Executive, has been sentenced to 24 years following his role in the fraud that led to the collapse of the energy firm in 2001...


NITEL prepaid platform collapses...
The prepaid platform installed by the Nigerian Telecommunications Limited about two years ago has collapsed. As a result of this development, all customers of the first national telecoms operator have been migrated to the company’s post-paid platform.


Pension Funds Hit N320 Billion by December...
Pension funds of both the public and private sectors had reached 220 billion naira. Of this amount, the public sector’s contribution was 70 billion naira. It is expected to reach N320 billion naira at the end of the year.


Chevron Leads Price Gainers...
Chevron Oil Nigeria Plc, formerly Texaco Nigeria Plc, led the price gainers on Friday, as investors continued to respond favourably to its new name.


Private Sector Investment in Agriculture Challenged By Federal Government...
The private sector has been challenged by the Federal Government to invest in agriculture if food security must be guaranteed in the country....


NEPAD To Mark Fifth Anniversary In Abuja...
The New Partnership for Africa Development (NEPAD) is to mark its fifth anniversary in Abuja, the official News Agency of Nigeria (NAN) reported yesterday....


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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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Columnist Weekly
CALL CENTRES IN THE BANKING INDUSTRY- An engine for growth

Many companies can turn their call centres into powerful engines for growth.

A few years ago it was almost impossible to reach your bank either because they had limited phone services or that the few they had were always busy or the phones were out of order or maybe you didn’t have the numbers available to reach them. Another reason could be the Avers / Auto attendants that most banks use that toss people from one prompt to another until the person eventually hangs up (frustrating if caller doesn’t understand English). My advice to those investing huge sums in Auto attendants in Nigeria is to stop! It is a cultural thing; Nigerians don’t like listening or talking to a machine...
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