Sovereign Wealth Fund to Cushion Oil Price Fall Sovereign Wealth  Fund to Cushion  Oil Price Fall

Sovereign Wealth Fund to Cushion Oil Price Fall

By Nik.Ogbulie The Nigerian government takes the resolution for the establishment of a Sovereign Wealth Fund (SWF) seriously, it will be making an impressive effort in putting the erosion of its national income to a good check. Apart from being a very strong alternative revenue source, SWF could be the only sure way of cushioning [...]

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Nigeria’s Postal Financial Services Partners Emerge Soon Nigeria’s Postal Financial Services Partners Emerge Soon

Nigeria’s Postal Financial Services Partners Emerge Soon

From Abimbola Tooki, Dubai   The ongoing process for the commencement of postal financial services in Nigeria may be concluded with the selection of partners to the project by the first quarter of next year. Already, the outline business case is concluded while the appointment of transaction advisers is being finalised. Johnson said since bank [...]

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Smile Arrives Abuja With Superfast Internet, Innovative Services Smile Arrives Abuja With Superfast  Internet, Innovative Services

Smile Arrives Abuja With Superfast Internet, Innovative Services

The city of Abuja is still agog days after the memorable launch of first true 4G LTE (4th Generation Long-Term Evolution) broadband internet service by Smile Communications Nigeria Limited.   The Abuja roll-out, coming barely one year after Smile’s 2013 commercial launch of its network in Ibadan, and months after Lagos; follows more than three [...]

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Fashola Expresses Satisfaction Over Administration’s Service Delivery Fashola Expresses Satisfaction Over  Administration’s  Service Delivery

Fashola Expresses Satisfaction Over Administration’s Service Delivery

Mr. Babatunde Fashola SAN, Lagos State Governor,  has expressed satisfaction that his administration’s policy focus on Power, Agriculture, Transportation and Housing (PATH) was yielding the desired results.   Fashola made this known recently when he paid a working visit to the on-going Lagos HOMS Project in Oko Oba, Agege Local Government Area.   Fielding questions [...]

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News

Akwa Ibom Evacuates 500 Lunatics in 3 Years

Akwa Ibom  Evacuates 500  Lunatics in  3 Years

  By Patrick Effiong, Uyo   No fewer than 500 lunatics have been evacuated from the streets in Akwa Ibom state for treatment at Psychiatric Hospital, Eket within the last three years.   The rehabilitated ones among them have been reunited with their families, as well as empowered for selves’ sustenance.   Dr. Glory Emmanuel [...]

Oct 20, 2014 8:49

IT

Online Users to Reach 3bn by Year End

Online Users to Reach  3bn by Year End

By Lawson Ovih   Internet penetration globally has triggered an explosion in online patronage, and this is expected to reach 3 billion by the end of 2014.   However, the statistics released by the International Telecommunications Union (ITU) shows that two-third would be from developing economies with mobile broadband penetration reaching 32 per cent and [...]

Oct 20, 2014 11:52

Money World

Skye Bank Employees Renovate Schools, Donate Materials

Skye Bank Employees Renovate  Schools, Donate Materials

By Niyi Jacobs   Employees of Skye Bank Plc have embarked on various corporate social responsibility projects in the bank’s host communities across the 36 states of the federation. The projects which are basically in the education sector, seek to improve learning and teaching in public schools. According to a statement from the bank, the [...]

Oct 20, 2014 12:56

Economy

Indigenous Steel Firms to Get Boost From FG Fund

Indigenous Steel Firms to Get  Boost From FG Fund

  Stories by Canice Opara   Indigenous steel firms in the country will benefit from approved fresh funding initiatives of the federal government.   This is as President Goodluck Jonathan approved fresh funding initiatives for the real sector of the economy to address funding challenges faced by indigenous businesses, as this will help them speed [...]

Oct 20, 2014 11:21

Recent Articles

Sovereign Wealth Fund to Cushion Oil Price Fall

Sovereign Wealth  Fund to Cushion  Oil Price Fall

By Nik.Ogbulie The Nigerian government takes the resolution for the establishment of a Sovereign Wealth Fund (SWF) seriously, it will be making an impressive effort in putting the erosion of its national income to a good check. Apart from being a very strong alternative revenue source, SWF could be the only sure way of cushioning [...]

Nigeria’s Postal Financial Services Partners Emerge Soon

Nigeria’s Postal Financial Services Partners Emerge Soon

From Abimbola Tooki, Dubai   The ongoing process for the commencement of postal financial services in Nigeria may be concluded with the selection of partners to the project by the first quarter of next year. Already, the outline business case is concluded while the appointment of transaction advisers is being finalised. Johnson said since bank [...]

Smile Arrives Abuja With Superfast Internet, Innovative Services

Smile Arrives Abuja With Superfast  Internet, Innovative Services

The city of Abuja is still agog days after the memorable launch of first true 4G LTE (4th Generation Long-Term Evolution) broadband internet service by Smile Communications Nigeria Limited.   The Abuja roll-out, coming barely one year after Smile’s 2013 commercial launch of its network in Ibadan, and months after Lagos; follows more than three [...]

Fashola Expresses Satisfaction Over Administration’s Service Delivery

Fashola Expresses Satisfaction Over  Administration’s  Service Delivery

Mr. Babatunde Fashola SAN, Lagos State Governor,  has expressed satisfaction that his administration’s policy focus on Power, Agriculture, Transportation and Housing (PATH) was yielding the desired results.   Fashola made this known recently when he paid a working visit to the on-going Lagos HOMS Project in Oko Oba, Agege Local Government Area.   Fielding questions [...]

Akwa Ibom Evacuates 500 Lunatics in 3 Years

Akwa Ibom  Evacuates 500  Lunatics in  3 Years

  By Patrick Effiong, Uyo   No fewer than 500 lunatics have been evacuated from the streets in Akwa Ibom state for treatment at Psychiatric Hospital, Eket within the last three years.   The rehabilitated ones among them have been reunited with their families, as well as empowered for selves’ sustenance.   Dr. Glory Emmanuel [...]

Obiano Adopts Measures to Decongest Roads in ‘Émber’ Months

  Chief Willie Obiano, Anambra State governor, has taken pro-active steps to ensure a free flow of traffic throughout the last quarter of the year otherwise referred to as ”Ember months”.   This he did by initiating measures to reduce gridlocks and eliminate carnage on both the State and federal roads in Anambra State.   [...]

Feared Natural Gas Rally Short-Circuited by Cool Summer

Feared Natural Gas Rally Short-Circuited by Cool Summer

Rig hands thread together drilling pipe at a hydraulic fracturing site owned by EQT Corp., atop the Marcellus shale rock formation in Washington Township, Pennsylvania.   According to Bloomberg, rig hands thread together drilling pipe at a hydraulic fracturing site owned by EQT Corp., atop the Marcellus shale rock formation in Washington Township, Pennsylvania.   [...]