Category Archives: Business News

MTN Nigeria Plans Commercial 4G LTE Services From July 2016

MTN Nigeria is set to roll out its Fourth Generation Long Term Evolution (4GLTE) broadband services latest by July 2016 in selected cities, using the 800MHz frequency acquired from Visafone Ltd earlier this year. MTN plans to have about 1,500

Nigeria Imports 95% Of Industrial Raw Materials –RMRDC

The Raw Materials Research and Development Council (RMRDC) said over 95 percent of industrial raw materials for production of fruit juices and allied products are imported into the country. Director General, RMRDC, Dr Hussaini Ibrahim made the observation at the

Stanbic IBTC, Globe Motors, Hyundai Partner On Vehicle Finance

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings PLC, in partnership with Globe Motors and Hyundai, has announced a promo that would see the bank financing the acquisition of Hyundai range of vehicles from Globe Motors by interested customers.

Guardian Newspaper Nigeria Launches online TV Platform

Guardian TV will provide exclusive video interviews, as well as up-to-the-minute videos from across the world The Guardian (, Nigeria’s most trusted newspaper, launched its online TV platform, Guardian TV (, on Wednesday, April 27. Guardian TV will provide exclusive

Aero Contractor Sacks 100 Contract Staff

Not fewer than 100 workers outsourced to Aero Contractors by Skyborne Ltd have been sacked following the airline’s decision to review its relationship with the company. The airline confirmed the development in a statement issued on Friday by its Media

Yemi Osinbajo woo Private Investments In Steel Sector

The Vice President, Prof Yemi Osinbajo, has called for increased private investment in the steel and solid minerals sector to shore up Nigeria’s manufacturing base and save the country $4.5 billion spent on steel importation annually. Prof Osinbajo said 6.5

NACCIMA Set To Promote Foreign Investment Opportunities In Nigeria

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) says it has upgraded its business information unit for the benefit of prospective investors in Nigeria. The National President of NACCIMA, Dr Bassey Edem, represented by the first

Digital Broadcast: Nigeria Switches on with Jos Pilot Scheme

• 200,000 TV households to get free Set-Top Boxes Nigeria transition from analogue to digital television viewing commenced yesterday with the Jos pilot scheme. The switch over will enable viewers enjoy up to 15 free- to- air channels as against

Nigeria Navy to Acquire Logistics Vessel to Beef up Security Operations

Nigeria Navy to Acquire Logistics Vessel to Beef up Security Operations In a bid to beef up security operations and patrols at sea, the Nigerian Navy (NN), said it is working towards acquiring a logistics vessel to service vessels and

Bank of Industry Pledges more Funding for Nigerian Industrialists

The Bank of Industry (BOI) on Wednesday said it would provide more funds for industrialists as part of efforts aimed at diversifying the economy. The Acting Managing Director, BoI, Mr. Waheed Olagunju, stated this at the China-Africa Trade, Investment Summit