By Daniel Ailemen From its 2009 air-conditioner line-up, Panasonic said it has introduced into the Nigerian market  an environmentally friendly air conditioner. The new product, the company said is a range of eco-inspired air conditioners which has combined aesthetics with environmental responsibility and performance. Mr. Bhojraj Rupani, Managing Director, Panaserv Nigeria Limited, marketer of  Panasonic  […]

The twin issues of poverty eradication and infrastructure development will continue to top the priority of Oceanic Bank International Plc in the task of growing Nigeria’s economy and building a self-reliant nation.

By Princewill Ekwujuru & Daniel Ailemen In encouraging acts of heroism in children,  Dufil Prima Foods Limited, producers of Indomie noodles has began the search for the next set of heroes for the Indomie Independence Day Award for Heroes of Nigeria.

A Nigerian bank quoted on the Nigerian Stock Exchange (NSE) has concluded plans to clean up its balance sheet in order to provide shareholders with favourable long term values.

The Federal Government has queried ministries, depart ments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).

The chartered Insurance Institute of Nigeria CIIN has installed a new executive team for the Delta State Branch of the Institute headed by Mr Leke Ojabanjo as the chairman.

By  Ifeanyi Ugwuadu It is irrational for the poor to save for retirement”. Rob Rusconi, an internationally acclaimed expert in pension provision must have jolted many Nigerians, particularly, government, when he delivered his paper and made the above quoted declaration at the National Conference on the review of the Implementation of the Pension Reform. His […]

Omoh Gabriel, Business Editor Virgin Nigeria is to be   restructured for effective   and efficient operation. As a result the airline has suspended long distance haul operation in favour of domestic routes.

By Patience Saghana Ten days to the end of six  months activities of the 50th anniversary of the Chartered Insurance Institute of Nigeria (CIIN), the institute is set to host operators within and outside the financial sector. The Conference Theme: “The CIIN at 50: Insurance as a Vehicle for National Development”, captures the ambience of […]

The Federal Government has queried ministries, departments and agencies (MDAs) in the federal civil service over the non-remittance of National Housing Fund (NHF) deductions to the Federal Mortgage Bank of Nigeria (FMBN).

ABUJA -THE Federal Government on Tuesday stressed the need to review laws guiding the petroleum and other related industries in the country.

Two students of Delta State School of Health Technology Ofuoma, have dragged Oceanic Bank before a Delta State sitting in Ughelle, over alleged illegal deductions from their bursary allowances, paid to them by the Delta state government.

By Kenneth Ehigiator Capt. Shehu Usman Iyal is the Senior Special Assistant to the president on Aviation.  In this interview, he x-rays the journey so far in the aviation sector in the 10 years of the nation’s democratic march, especially in the last two years of President Umaru Yar’ Adua’s administration.  He said money realised […]

INVESTIGATIONS have confirmed that there are no rig operating onshore Nigeria at the moment, while only 20 are operating offshore, underscoring a steep decline compared to same period last year when more rigs were operational.
It was gathered that of the 20 active rigs offshore, one is a jack-up rig operating in swamp, while the rest are operating in safer shallow and deep water

By  Michael Eboh & Chinedu Ibeabuchi THERE was reversal of   fortunes in the Nigerian capital market last week, as investors lost N138.3 billion on their investment in the Nigerian Stock Exchange (NSE).