Category Archives: economy
Pres. Jonathan Promises to Create 8 Million Jobs in 4 Years as Buhari Promises Improved Security and Economy if Elected as President!
President Goodluck Jonathan has promised Nigerians that he will create 8 million jobs for the youths in the next four years if he is re-elected as the President of Nigeria.
He made this revelation while addressing Nigerians at the PDP presidential rally in Abeokuta, which was held at MKO Abiola International Stadium, Read the rest of this entry
What is REIT?
Reit is an acronym for Real Estate Investment Trust. It is a vehicle that invests in the ownership and management of a pool of real estate assets and mortgages, and packages them as tradable securities into which individual investors can subscribe.
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Jon Schultz, a cybersquatter/entrepreneur who bought Ebola.com for $13,500 in 2008 and now wants to sell it a $150,000. He also owns birdflu.com and H1N1.com, terror.com, PotassiumIodide.com ,fukushima.com, as well a domain for the deadly mosquito-borne disease Chikungunya and another one for the Ebola-like Marburg virus, he says he has been waiting for the perfect moment to sell the domain. What he told CNBC: Read the rest of this entry
The Queen today 14th, September, 2014. gave a warning over the Scottish independence referendum in the latest sign that the Royal family is hoping for a No vote in Thursday’s poll. As “Her Majesty” apparently told a member of the public that voters should “think very carefully about the future” as she emerged from the morning service at the church she attends near Balmoral. Read the rest of this entry
Apple unveiled its first smart-watch on Tuesday, 9th September, 2014. which the move was hotly anticipated as Apple enters a competitive and rapidly expanding market. The new watches will be available, early 2015, at $349. Here’s everything else you need to know about the new Apple Watch. Read the rest of this entry
The Prime Minister of the United Kingdom and Leader of the “Conservative Party,” David Cameron, on Wednesday 10th September, 2014. urged voters not to use the referendum to punish unpopular Westminster parties. Read the rest of this entry
Notice: Not Aliko Dangote but his younger brother, Sani Dangote. According to reports, a Federal High Court in Lagos today September 4th ordered 20 Commercial banks in Nigeria to dishonour all withdrawal cheques from Sani Dangote and his companies, Dansa Foods Limited and Bulk Pack Services Limited until September 11th. Read the rest of this entry
Credit Cards – O3 Capital Nigeria Ltd is a wholly Nigerian owned financial service institution that offers various consumer loans using the credit card as its delivery channel. O3 Capital became the first non-bank credit card issuer in Nigeria when they recently introduced theirO3 Credit Cards into the market. The credit cards work on the Interswitch network which means they can be used on all ATMs, POS and internet payment sites in Nigeria. Read the rest of this entry
Members of NAFDAC has stormed the Old and New Central market in Katsina State, following the ongoing “National Mop-up Action,” to sanitise all the Markets IN Nigeria and get rid of illegally imported banned-products.
Mr. Bitrus Fraden, said:
NAFDAC was only carrying out its routine exercise to measure the level of compliance with its guidelines against importation, stocking and sale of banned food products.
The operation to seize unregistered products in the two markets began simultaneously around 11.00 am when several vehicles with NAFDAC operatives, security personnel and journalists made their way into the markets. Read the rest of this entry
It is without doubt that the brand HOUSE OF STRUCTURE has successfully made an impact in the Nigerian business industry, as it celebrated her 2nd year anniversary in Abuja, Providing Business Development services to SME businesses in Nigeria and beyond, therefore adding significant value to clients and delivering brand message in a professionally unique manner. The company’s business development activities for her clients have centered around: Read the rest of this entry
The people of Ona-Ara Local Government Area (LGA) of Oyo State on Friday 29th August 2014, had a lot to smile about after two and a half years of power outage. The formal commencement of electricity supply to the area by the Ibadan Electricity Distribution Company (IBEDC) gave the residents much joy. Read the rest of this entry
Nigerian President, Goodluck Jonathan, has launched the new Electronic National identity card in Abuja today 28th August, 2014. The card which was created in collaboration with MasterCard, is a multi-purpose card for identification, electronic signatures, biometric on-card verification, and other applications. Cardholders can use it for depositing funds ,withdrawals, getting social benefits and making payments for goods and services at any location accepting MasterCard worldwide. Read the rest of this entry
Former president, Chief Olusegun Obasanjo has taken a swipe on the economic situation in the country under President Goodluck Jonathan-led administration, declaring that Nigerians are back to the late dictator, General Sani Abacha where the middle class was non-existent . Obasanjo said the prevailing economic situation in the country has shown clearly that the middle-class had been destroyed .
The former President said this during the weekend when a group of traders visited him at his Hilltop home in Abeokuta .
He also said that he received a text message which he said shocked him , saying, a middle class Nigerian requesting for financial assistance from him. Read the rest of this entry
Nollywood Actress, Omotola Jolade Ekeinde has commended the transformation of the Power sector in the country. She attested that there has been a significant improvement in electricity supply in the country.
She took to her twitter page @Realomosexy to confirmed the development;
Hello Osexynationals! Anyone noticed D really improved Power supply? pls let it not stop Lord! hv a fantastic wk y’all”.
President Jonathan has initiated some reforms including the road-map on power that guaranteed massive access to electricity, although there are shortage in some areas.
Diamond Bank Plc, has unveiled the TV commercial for its newly introduced Diamond Y’ello Account. The TV commercial which features ace comedians – Saka and Bovi –dwells on the unique characteristics of the new account that has made it the darling of Nigerians.