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Maersk raises profit outlook

Maersk raises profit outlook

Danish shipping and oil conglomerate AP Moeller Maersk raised its full-year profit guidance on Tuesday…

Conoil HI profit down 36.77% on ballooning input cost

Conoil HI profit down 36.77% on ballooning input cost

Nigerian petroleum marketer, Conoil plc, had half year (H1) profit crimped by ballooning input cost…

Shoprite’s FY profit growth lags consensus

Shoprite’s FY profit growth lags consensus

South African grocer Shoprite Holdings missed estimates with a 3.3 percent rise in full-year profit…

‘We have made Nigeria self-sufficient in cement production’

‘We have made Nigeria self-sufficient in cement production’

Aliko Dangote, president, Dangote Group, has vowed to increase investment drive in the country by…

Stanbic IBTC assures farmers, others of integrity of e-warehouse receipt system

Stanbic IBTC assures farmers, others of integrity of e-warehouse receipt system

The CEO of Stanbic IBTC Bank, a member of the Stanbic IBTC Group, Yinka Sanni,…

UniCem sensitises end-users in Aba, Owerri on proper cement application

UniCem sensitises end-users in Aba, Owerri on proper cement application

United Cement Company of Nigeria Limited (UniCem), Nigeria’s third largest cement manufacturer, last week undertook…

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Multimedia

  • Nigeria’s dwindling revenue profile
  • Palm Oil Production in 2012
  • How many banks does Nigeria need
  • HIV Infections among children
  • Oil Benchmark vs OPEC Adverage Price
  • Nigeria non-oil imports on the rise
  • BD speaks with Oyeneyin, CEO AutoGenius
  • BD speaks with Ahmed, DG CIIN
  • Nigeria Gas Flared and Cost Implication
  • BD interviews Obi, MD eTranzact Intl’ Plc
  • BD interviews Shagaya, CEO Konga.com
  • Emmanuel okoegwale of MobileMoneyAfrica
  • Niyi Ajao, ED Tech & Ops NIBSS
  • Olaoluwa Awojoodu, CEO Cash Envoy
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BD Cartoons

“Find and release the Chibok girls or forget 2015!” “You know what? You have just given me a clue as to what this is all about, hmmmm.”…

BD Cartoons

OPEC oil output rises in July on fragile Libyan rebound

OPEC’s oil production rose in July from June, a Reuters survey found on Wednesday, as a fragile recovery in Libyan supply outweighed fighting in Iraq and reduced output from Angola. Despite the increase, unrest in Africa and the Middle East is still weighing on supply. That could hinder OPEC’s ability to boost output later in…

OPEC oil output rises in July on fragile Libyan rebound

Toto nomine-the appointments sweepstake

Giuseppe Recchi, the recently appointed chairman of Telecom Italia, lost his last job as part of the three-yearly process by which the chief executives and board members of 76 state-controlled companies are shuffled by the Italian government. The process is derisively known in Italy as the Toto nomine – the appointments sweepstake – a reference…

Toto nomine-the appointments sweepstake

Kwara to float N23bn bond as states push for infrastructure

The Kwara State government is set to float a N23 billion bond as it pushes for further infrastructure development. Governor Ahmed Abdulfatah said information from the Nigerian capital market indicates that the market is excited and reinvigorated in their interest to subscribe to the Kwara State proposed bond. He expressed confidence that the new facility…

Kwara to float N23bn bond as states push for infrastructure

Samsung in aggressive push to capture entry-level smartphone market

Samsung, Korean smartphone maker, is making an aggressive push into the low-cost smartphone segment of Nigeria’s phone market with the introduction of two new reasonably-priced devices, which pack a punch in terms of functionality, but targeted at the new generation of users. The technology company on Tuesday rolled out its Galaxy Trend Lite and Galaxy…

Samsung in aggressive push to capture entry-level smartphone market

Columnists

Markets

Naira falls against dollar on back of strong demand

Naira falls against dollar on back of strong demand

The naira yesterday depreciated by 15 kobo against the US dollar at the inter-bank market following increased demand by the end users. After trading on Tuesday, the local currency closed at N162.15/$ as against N162.00/$ the previous day, according to…

Why CBN reintroduces charge on ATM withdrawals

Why CBN reintroduces charge on ATM withdrawals

After addressing participants that gathered at the Nigeria electronic Fraud Forum (NeFF) in Lagos, a…

Need for banks to adopt digital services for growth, competitive advantage

Need for banks to adopt digital services for growth, competitive advantage

New technologies are changing the way customers and financial service providers interact, and introducing a…

Conoil reports 298% profit before tax of N4.6bn

Conoil reports 298% profit before tax of N4.6bn

Nigeria’s leading petroleum products marketer, Conoil Plc, recorded impressive financial performance at the end of…

Intelligence

‘Nigeria is in dire need of engineers’

‘Nigeria is in dire need of engineers’

Femi Akintunde, MD/CEO, Alpha Mead Facilities and Management Services Limited (AMFacilities), has observed that the…

The key to choosing the right career

The key to choosing the right career

Choosing a career path (or changing one) is, for most of us, a confusing and…

Qualities of an effective team player

Qualities of an effective team player

If you were choosing team members for a business team in your organization, who would…

Misplaced priority, undue distraction, laziness, top reasons for perennial mass failure in SSCE – students

Misplaced priority, undue distraction, laziness, top reasons for perennial mass failure in SSCE – students

The last may not have been heard of reactions to the recently released results of May/June Senior Secondary School Certificate Examinations(SSCE) organised by the West African Examination Council (WAEC) that witnessed only 31.2 % (i.e.529, 425,000 out of 1,692,435,000 candidates)…