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One of Nigeria’s major manufacturing hubs Aba will finally begin to enjoy uninterrupted power supply from September 2016, according to Barth Nnaji, founder and Chairman of Geometric Power. Geometric Power which has built a ring fenced $530 million, 141 Megawatt plant and distribution network for Aba metropolis will be switching on the project from the […]

President Muhammadu Buhari on Tuesday, said that the Federal Government is in talks with MTN over the $3.9 billion fine imposed on it for failing to disconnect unregistered sim cards, whilst arranging a gradual payment plan with the South African telecoms giant, Reuters reports. Buhari disclosed this in a joint news conference with his South […]

FMCG firm Procter and Gamble (P&G) has established Nigeria as its export hub for Africa. This was revealed today by George Nasser, Vice President Procter and Gamble Nigeria. “We have started exporting to West Africa, and use some of that Foreign Exchange earned to get around dollar shortage in Nigeria,” Nasser said. Nasser also mentioned […]

Executive Vice-Chairman of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, the Accountant-General of the Federation, Ahmed Idrid and Chief Executive Officer of MTN, have been summoned by the Senate over claims that MTN Nigeria had paid N50 billion to the Federal Government. The Senate also summoned the Attorney General of the Federation and Minister […]

Worse than expected is an understatement. Things are not getting better in China as Exports crashed 25.4% YoY (the 3rd largest drop in history), almost double the 14.5% expectation and Imports tumbled 13.8%, the 16th month of YoY decline – the longest ever. Altogether this sent the trade surplus down to $32.6bn (missing expectations of […]

By EconMatters Reuters News and Genscape Report attributed to today`s Oil Squeeze Move – couldn`t find more BS if you were assigned with cleaning out your horse`s barn stall. Follow the actual Oil Data Metrics and avoid the Rumor Mongering Market Garbage and Hearsay OPEC Gossip marketed as actual “Market Analytics”. When OPEC actually gets […]Read More

Breaking Pictures! South Aftican President, Jacob Zuma, In #Nigeria – SimonAtebaNews 5 Shares Share Tweet Share Share Email Former Vice President Atiku Abubakar receiving President Jacob Zuma during the South African leader’s arrival for a state visit at the Presidential Wing of the Nnamdi Azikiwe International Airport Abuja on Monday, 07 March 2016. Share Tweet Share Share […]Read More

Breaking Pictures! Aisha Buhari, Dolapo Osinbajo Visit Family Of Late Labour Minister James Ocholi – SimonAtebaNews 3 Shares Share Tweet Share Share Email Share Tweet Share Share Email To Top error: Content is protected !!

Amosun Congratulates Vice President Osinbajo at 59 – SimonAtebaNews Yemi Osinbajo 2 Shares Share Tweet Share Share Email Ogun State Governor, Senator Ibikunle Amosun, has congratulated Nigeria’s Vice President, Professor Yemi Osinbajo as he turns 59, on Tuesday, March 8, 2016. In a statement issued to felicitate with the Vice President, Governor Amosun said Professor […]

Data from Thisday reveals a total of $178.6 million was sold by the Central Bank to Nigerian banks last week. GTB topped the list displacing Zenith Bank as the bank that bought the most forex. According to the data, school fees and business and personal travel allowances topped the utilization list in terms of volumes. Other […]

Lagos State Government on Monday, engaged an additional 1,200 primary school teachers into its workforce. The purpose of this exercise is to further boost the capacity in the state’s primary education system. Chairman of the State Universal Basic Education Board (SUBEB), Dr. Oluremi Sopeyin, who represented the state Governonr, Akinwunmi Ambode, advised successful teachers to […]

A pensioner, Mrs. Rose Arabameh Julius, has donated her entire monthly pension of Ten Thousand Naira,equivalent of Thirty Dollars ($30.00) to support the Buhari administration’s war against corruption. Julius,  who retired as a cleaner from the Lagos University Teaching Hospital, also promised to contribute N1,000 or $3.00 every month out of her  pension towards the […]Read More