BEFORE the wounding up of Etisalat’s 9jillions game show promo at the weekend, the argument had been whether a telecommunications company would actually doll out to a subscriber, a whopping one million US dollars ($1m), which translates to about one hundred and Fifty million naira (N150m), in Nigeria’s currency.

THE second edition of the Abia International Trade Fair, in Aba pennultimate week was another opportunity for the Second National Telecommunications operator, Globacom to connect itself with the robust business climate of the South East and in particular, Abia state.

Ahead of the November ending expected final sale of Nitel, the Chairman, Senate Committee on Communications, Senator Sylvester Anyanwu, has said that debts incurred by Nigerian Telecommunication Limited (Nitel), will be shared between the new buyer and Federal Government.

THE Federal government has attributed the reason for the very low volume of trade between the country and Iran to the production of similar product which is oil, just as it disclosed that Iran’s transaction with Nigeria as at 2005 stood at N75 million while that of Nigeria is put at N311 million.

MR. Benard Okumagba is the Delta State Commissioner for Economic Panning.In this interview with Vanguard held in Asaba he provides insights into the workings and programmes of the state government.
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In times like this, when economies are witnessing downturn. Customers seek for alternative means to improve on their businesses. For this reason, Diamond bank embarked on a promo tagged savingsextra, Salary 4 life, to up her market share and reward customer loyalty.

AN advertising expert, Ms Michelle Brown, has urged outdoor advertising agencies in the country to place greater priority on adaptation of new technology, models and trends to suit peculiarities of the market.

FORMER Minister of Commerce and Industry, Ambassador Idris Waziri has disclosed that Nigeria and China have signed an agreement to stop the inflow of substandard and fake products from the latter into the country, just as he disclosed that the proposed first Nigeria-China Trade and Investment Forum will help put a stop to counterfeiting and importation of fake products into the country from China.

The United States Government in-conjunction with the office of the National Security Adviser, NSA, has organised a three week training programme on maritime security at the Nigerian Maritime Administration and Safety Agency (NIMASA) Resource Centre situated at Kirikiri in Lagos.

The high rate of clo-sure of microfi-nance institutions, MFIs, has been attributed to lack of sound credit products which has hindered the MFBs from disbursing loans.

SECURITIES and Exchange Commission (SEC) has directed fund mangers registered with it to divest from unquoted companies in line with the provisions of the Investment and Securities Act (ISA) and Trust Deed or face sanction.

ECOBANK Nigeria Plc, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), among others have encouraged Nigerians to participate in the season 2 of the Entrepreneur Television Series after a successful outing from its debut last year .

FIRST City Monument Bank(FCMB)Plc loan loss provisioning has signifianctly impacted to the decline in its profit
The Bank declared a Profit Before Tax (PBT) of N4.8 billion for the financial year ended April 30, 2009.

Fiscal policy will continue to provide substantial support to aggregate demand in most countries this year, and is projected to remain supportive of economic activity in advanced countries in 2010, the International Monetary Fund (IMF) said in its latest edition of the Cross-Country Fiscal Monitor.

EDO State government wants the United Nations General Assembly to prevail on the British government and other suspected looters to return stolen Benin artifacts.