There are indications that foreign investors in the Nigerian financial market who had been moving out funds from the market will soon reconsider their move and return to the country.
Updated 7 Years ago

Leading mobile operator, Etisalat has launched a new mobile payment service called ‘Flous’ for its subscribers in Egypt that would allow them make safe and convenient money transactions via their mobile phones.
Updated 7 Years ago

Nigeria’s positive economic outlook and macroeconomic stability have been identified as factors that have continued to lure both foreign and domestic investors to the country’s bond market.
Updated 7 Years ago

Log the date and remember the name of Sergiy Stakhovsky. Shocks in tennis do not come any more earth-shattering than this. Somehow the impossible came true and Roger Federer’s Centre Court house came tumbling down.
Updated 7 Years ago

Still unimpressed with the current state of service quality, even though there has been slight improvement, the Minister of Communications Technology, Mrs. Omobola Johnson, said the country needed additional Base Transceiver Stations (BTS) to cushion the effect of poor service quality.
Updated 7 Years ago

Will the proposal for the financial autonomy for the Houses of Assembly see the light of the day as the National Assembly is set to review the 1999 Constitution? ONYEDI OJIABOR writes on the controversy surrounding the proposal.
Updated 7 Years ago

Samsung Electronics West Africa has launched its line-up of smart cameras, featuring wireless sharing connectivity and compatibility with a broad range of Android and iOS devices. According to Samsung, the smart cameras came with style and functionality, and would raise the bar for compact system cameras all over the world.
Updated 7 Years ago

Federal Government on Wednesday expressed optimism that two key sections of the Ajaokuta Steel Plant, the thermal power plant and the light section mill would start production soon. Minister of Mines and Steel Development, Musa Sada spoke on the state of the federal government owned moribund steel factory during working visit by the Managing Director of Reprom Company Nigeria Limited, Attah Achimugu, and foreign technical partners.
Updated 7 Years ago

Basking in the euphoria of the United Nations Organisation (UNO) Award as 1st place winner in ‘Promoting Whole of Government Approaches in the Information Age in Africa,’ the managing director of Galaxy Backbone, Mr Gerald Ilukwe, yesterday said the award was a validation of the efforts of the company, and Nigeria, at the efficient deployment of Information Technology in delivering services to Nigerians using its homegrown 1-GOV. net initiative.
Updated 7 Years ago

The nation’s reserves of crude oil may received a boost, as Optimum Petroleum Development Limited and its partner Afren Nigeria, on Wednesday, announced the discovery of a significant light oil accumulation at the high impact Ogo-1 well located on the Oil Prospective Lease (OPL 310) offshore Nigeria.
Updated 7 Years ago