Globacom Nigeria’s indigenous telecom operator has finally launched it much awaited submarine cable.   The GLO-1 (Globacom-1) submarine communications cable is a cable system along the west coast of Africa between Nigeria and the UK. The submarine cable system is 9,800 km long, and became operational in 2010 with […]

  THURSDAY, 02 SEPTEMBER 2010    recorded N1.2 billion gross earnings in 2009.This was disclosed by the bank’s chairman, Mr. Joe Idudu, at the mortgage finance institution’s yearly general meeting, held in Lagos, on Tuesday.The figure represents 96 per cent rise over the N660 million recorded in 2008.   He […]

  By Helen Oji FOLLOWING share price losses incurred by major blue chip stocks on the floor of the Nigerian Stock Exchange (NSE), equity transactions recorded a downturn, as market capitalisation dropped marginally by N5 billion. Investors also traded 254.6 million shares worth N2.11 billion in 7,165 deals, down from […]