Borrowing costs plunged to the lowest in 10 months in the first bond auction since dropping requirements for investors to hold government debt for at least a year.The nation sold 70 billion naira ($460 million) of bonds due 2014, 2015 and 2018 Wednesda...
Federal Government’s desire to enhance the capacity of the public sector to deliver government programmes using ICT has received a boost as Galaxy Backbone has extended broadband services to Ministries, Departments and Agencies (MDAs) within Abuj...
Foreign investors seeking investment have been called upon to look the way of Nigeria because of its suitable economic environment which ensures return on investment that is unmatched anywhere in the world. In a press statement signed by the NACCIMA me...
Boboye Onduku examines the chances of seven housemates in their battle with eviction this week ahead of the finale of Big Brother Amplified.Vimbai will be unlucky Vimbai is up against many forces. Viewers from Mozambique, Uganda, Zambia, Nigeria and ev...
You can comb the incredible statistics surrounding Lionel Richie’s amazing career and still miss something. You can factor in the nearly 60 million albums sold, the five Grammy’s, 22 top ten hits, an Oscar for best song, a golden globe, a t...
Tuface Idibia, MTV Africa’s artiste of the year was honoured alongside Kokomaster D’Banj at the 2011 BET Awards recently with the BET Best International Act (Africa) Award. The two walked away with the title having been nominated alongside ...
Her music took the chat by storm, the clubs could not stop playing her songs and music stations used it as their anthem which shows in her first album ‘Familiar Stranger’. Before the music atmosphere could gather enough balance from ...
The decision by the minister of aviation to look into issues that have hindered the expansion of the general aviation terminal at the local wing of the Lagos airport is part of steps taken to resolve the standoff between the federal government and Bi-C...
The managing director of Federal Airports Authority of Nigeria (FAAN), Mr. Richard Aisuebeogun, has called on all stakeholders including security agencies in the aviation industry to rise to the challenge of increased incidence of bomb explosions in th...
Egypt Air has disclosed plans to fly to the Port Harcourt International Airport, Omagwa. The airline’s general manager in Nigeria, Mr. Khalid El Rafie, said in an interview that Nigeria was the only country in Africa where Egypt Air stops at thre...
The last action hero is firing back; legally, anyway. Reacting to Maria Shriver's petition seeking the dissolution of their 25-year marriage citing irreconcilable differences, Arnold Schwarzenegger has filed his response asking a judge to de...
Kim Kardashian and Kris Humphries had one heck of an engagement party. And besides their adorable selves, much of the credit goes to host with the most Khloé Kardashian Odom. Not only is Khloé planning Kim's big bachelorette blowout in Veg...
As Nigeria grapples with the challenge of infrastructural development, immediate past president of the Nigeria Society of Engineers (NSE), Engr. Kassim Ali, has said that the government needs to trust its own professionals to handle these challenges. H...
A Federal High Court in Abuja yesterday expunged Sections 140 (2) and 141 of the Electoral Act 2010, which denied the election petitions tribunals at the state and federal levels the powers to declare anybody winner in an election. In a 68-page landmar...
Following efforts to meet the September deadline for recapitalisation by all distressed banks, Asset Management Corporation of Nigeria (AMCON) and AccessBank Plc are to inject a total of N600 billion into Intercontinental Bank Plc. In view of the recap...