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Tag Archives: business news

Telephone Subscribers In Nigeria Spent N2.14Trillion On Phone Calls Between 2011 And 2012.

Posted ago by Patience

A financial performance benchmark in the telecoms industry is saying that, active telephone subscribers in the Nigeria must have spent a whopping sum of N2.14tn on voice calls and Short Message Service, among other basic services between January, 2011 and …

Oando Extends Right Issue Due To NIPOST Strike.

Posted ago by Patience

Oando Nigeria PLC has extended its right issues till February 20th. The company said the extension is as a result of the industrial action at the offices of the Nigerian Postal Services (NIPOST) which caused an outright closure of NIPOST’s …

Foreign Investment In Nigeria Reaches N800 Billion.

Posted ago by Patience

Foreign Direct Investments (FDI) in Nigeria has reached a record N800 billion in January this year. This comes as prominent corporations from the United States of America, Canada, The Netherlands and Turkey increased their investment stakes in the country, in …

Marketers Yet To Receive Credit From Banks.

Posted ago by Patience

Most of the Oil marketers in the country are going through very tough time as the ease with which they used to acquire loans from Banks is fast dwindling with a twist of events, as banks have become difficult to …