eTranzact receives final approval to operate Mobile Money in Nigeria
eTranzact International Plc, a mobile and switching company has been given the final approval to commercially launch the Mobile Money operation by the Central Bank of Nigeria. The approval to commence Mobile Money in Nigeria essentially marks the beginning of mobile payment revolution in the country.
Nokia Siemens to sack 17,000 workers, to save $1.3bn yearly
As part of its global re-structuring plans aimed at focusing the telecommunications (telecoms) equipment maker on more profitable mobile broadband business, Nokia Siemens Networks has announce plans to cut 17,000 jobs, representing 23 per cent of its workforce worldwide, to save about $1.35 billion a year.
Bioflor, anti-diarrhoea formulation debuts Nov 30
MERIT Health care Nigeria Ltd is set to launch into the Nigerian market Bioflor (Sacharomyces boulardi) – the first probiotic formulation with anti-diarrhoea activity. Manufactured in france by Biocodex, the drug is used in etiological and symptomatic treatment of diarrhoea, the world’s fifth biggest cause of death.
Tributes as Ovie of Oghara is laid to rest
ENCOMIUM has continued to pour in as late Oreki II, Ovie of Oghara Kingdom in Delta State, is laid to rest.
NPA to sanction vessel owners over explosion
THE Nigerian Ports Authority, NPA, may have concluded plans to sanction the owners of the vessel, ‘M.T. Britaina U, which exploded and killed two persons at the Marina in Lagos.
No subsidy! tollgates! more subsidies & deregulation!!
“Six years after scrapping toll gates on major high ways, the Federal Government is to reintroduce them to raise funds for road maintenance in the country”. The preceding is the opening paragraph of a report titled “FG to Reintroduce Toll Gates, Fuel Tax” on page 15 in the Punch edition of 30/3/2010.
SAA names Ehimiaghe head of North, West/Central Africa operations
AFRICA’S leading airline, South African Airways (SAA) has appointed a Nigerian national, Ohis Ehimiaghe as the new Regional Manager: North, West and Central Africa.
Lagos reads riot act to Okada riders
THE Lagos State Government has reiterated its resolve to regulate the activities of motorcycle operators to ensure security, safety and protection of lives and property of Lagosians.
Okorocha, Annie Okonkwo, Onyeneke lament Ojukwu’s passage
Governor Rochas Okorocha of Imo State has said the demise of Dim Chukwuemeka Odumegwu Ojukwu has created a huge vacuum that would be very difficult to fill.
Ikoyi Prison Music School for commissioning
Joseph Liberty Foundation will be commissioning its Ikoyi Prison Music School, Borehole and modern toilets constructed for use by the prison inmates.
Bizman docked over possession of firearms
Leader of Aguiyi Ironsi section of Ladipo Market, Mushin, Lagos State, Mr. Jonathan Okoli, has been arraigned before an Igbosere Magistrate Court for unlawful possession of firearms, threat to lives, assault on policemen, resisting police arrest and malicious damage.
