Barack Obama Named TIME Magazine Person Of The Year 2012!

TIME Magazine – a US Magazine with global popularity and distribution – has chosen US President Barack Obama as its Person of the Year for 2012, for what the TIME team believes was an historic reelection amidst soaring unemployment and

New International Airport In Lekki, Lagos In Progress.

In a few years, there will be a new international airport in Lekki Lagos, according to construction plans, and agreements between the government and consultants. This will have Lagos, another international airport and grow flights volume from new destinations into,

Nigeria Unveils New Metering And Auto Policy; Qatar invests $390 Million.

The Nigerian Ministry of Trade and Investment has unveiled a new metering system and a new auto policy to take effect from 2013. The new metering system is directed at ending loopholes with weights and measures, to appreciate the value

Nigeria Gets $335 Million Grant For HIV And TB Management From Global Funds

An international financing institution that invests world’s money to save lives – Global Funds – has agreed with Nigeria to provide five grants worth $335 million (N50 billion) to fight AIDS and Tuberculosis in the coming months. This comes in

Nigeria Joins The United States Tour Operators Association

The United States Tour Operators Association (USTOA) has accepted Nigeria as an associate member, through the Nigerian Tourism Development Agency (NTDA). This makes Nigeria the first West African member nation of the association. The USTOA accepted Nigeria given the objectives

Etisalat Nigeria And Apple Extend Deal For iPad Supply.

Etisalat Nigeria has been doing massive media campaign for iPad sales with added services in recent weeks. It is offering users beneficial services from its network for those that will purchase new and original iPads from its outlets. Going further

French Speaking Nigeria? Nigeria To Join The International Organization Of The Francophonie (IOF)

The Federal Executive Council has stated that Nigeria will join the International Organization of La Francophonie (IOF) a body of French speaking nations. This will extend the international organizations that Nigeria belongs to, and will be vital since Nigeria is

E-payment Transactions In Nigeria Surpassed The N1 Trillion Mark In 6 Months

E-payment transaction surpassed the 1trillion mark in the first six months of this year, the Central Bank of Nigeria, has revealed. The bank stated this in its economic report for the first half of 2012 and also described the growth

Federal Government Promises To Create Four Million Jobs

The Federal Government has promised to help small businesses develop in the country, by increasing funds, and access to it for small and medium scale business owners. This is projected to create 4 million jobs in two years, and significantly

Nigeria and Pakistan Strengthen Economic ties with Textile and Sugar Production

President Goodluck Jonathan returned today, from a Developing Eight, D-8, Summit held in Pakistan, this week. He met with the leaders of other developing economies and they discussed ways forward, and he also sought bilateral ties with some countries. He

Forbes: Aliko Dangote is Africa’s Richest with $12 billion

Nigerian industralist, Aliko Dangote has topped Forbes Africa’s 40 richest list for the second year, with a net worth of $12billion, up from $10.1 billion, in November 2011. According to Forbes, most of his net worth lies in Dangote Cement

Nigerian Government looks to boost Intra-Africa Trade and foster Regional Intergration

While nations and governments are looking to sign bilateral agreements with other useful nations, to boost trade between their economies, the Nigerian Government having achieved some with developed and emerging economies around the world, is looking within the continent to

Global Terminals Operator APM to build Mega Sea Port in Badagry

One of the biggest container terminal operators in the world, APM Terminals, and some organizations, together in a consortium is set to commence the establishment of a mega sea port in Badagry, Lagos. APM Terminals, Orlean Invest, the Macquarie Group,

Biometric Capture by Banks imminent for Customers

The Nigerian Banker’s Committee after its recent announcement of scraping charges if customers use ATM’s of banks other than theirs have announced that all banks will commence biometric capture for all customers – new or existing. This was disclosed at

Nigeria’s Daily Crude Oil Production to Hit 4 million bpd by 2020

Nigeria’s daily crude oil production is projected to hit 4 million barrels per day (bpd) by 2020, according to forecasts released by the Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Andrew Yakubu, at a Conference of the Nigerian

Mobile Phone Number Portability to Commence Next Year

The Nigerian Communications Commission, NCC is quickening plans to introduce Mobile Number Portability (MNP) in Nigeria, and has appointed firms to operate it. MNP will allow mobile phone users to keep their number, and still receive calls from it, while

Latest stories

News

Featured Events

Discover upcoming events and opportunities across Nigeria.

More stories on

News

Most Popular

Previous
Next
Previous
Next

Most Popular

Previous
Next