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Snapshot of banks’ HI 2014 results

Snapshot of banks’ HI 2014 results

The snapshot of banks’ half year (H1) results showed lenders grappled with challenging environment buoyed…

Indorama Nigeria contributes $2.7bn to Nigeria’s rebased GDP

Indorama Nigeria contributes $2.7bn to Nigeria’s rebased GDP

Indorama Eleme Petrochemicals Limited (IEPL), Port Harcourt, and other companies under the Indorama operations in…

Ecobank Nigeria plans additional fund raising to boost tier-1 capital

Ecobank Nigeria plans additional fund raising to boost tier-1 capital

There are strong indications that Ecobank Nigeria is considering raising additional capital in order to…

Computer Warehouse H1 profit slows despite reduced costs

Computer Warehouse H1 profit slows despite reduced costs

Computer Warehouse Group plc (CWG), a technology company, profits slowed in half year (H1) 2014…

Sterling Bank bags PCIDSS recertification

Sterling Bank bags PCIDSS recertification

In recognition of its compliance with standard practice in cards management and having implemented all…

Fashola kicks off Real Estate Unite 2014

Fashola kicks off Real Estate Unite 2014

3Invest Ltd recently held a media conference to officially launch Real Estate Unite 2014 –…

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BD Cartoons

“Did you tell him our men are going over to cameroun?” “Yes, I did.. He says they are only tactically man-overing!!”…

BD Cartoons

Nigeria’s rising oil production increases OPEC output to one-year high

Surging oil production in Nigeria led output from the Organisation of Petroleum Exporting Countries (OPEC) to a one-year high in August, a Bloomberg survey showed. Production by the 12-member OPEC rose by 891,000 barrels per day (bpd) to 31.033 million, according to the survey of oil companies, producers and analysts. Last month’s total was revised…

Nigeria’s rising oil production increases OPEC output to one-year high

Transformation unfolds for oil futures trader

In a business environment that is ever changing and in which many chief executive officers pick up their choice books on the much sought after topic, “Managing in a changing world”, Akin Akinfemiwa, the Group Chief Executive Officer of Forte Oil Plc, is a man who knows that he has his work cut out. This…

Transformation unfolds for oil futures trader

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

Outsourcing model to improve service quality for Nigerian telcos

As the Telecoms industry matures, competition has enforced the need for differentiation amongst Nigerian Mobile Network Operators (MNOs) and this, will ultimately lead to an improved value proposition and as a result; a dynamic shift from cost reduction efforts to efficiency enhancements. There is an increasing trend in the adoption of several forms of outsourcing…

Outsourcing model to improve service quality for Nigerian telcos

Columnists

Markets

Flour Mills says Q1 profit down 24.5 percent

Flour Mills says Q1 profit down 24.5 percent

Flour Mills of Nigeria’s pretax profit for the first-quarter fell 24.5 percent to N3.54 billion ($21.8 million) from the N4.69 billion recorded a year ago Turnover declined to 9.71 billion naira in the three months to June 30, compared with 10.49…

Pressure on naira expected on back of falling oil prices

Pressure on naira expected on back of falling oil prices

Outlook for naira dims as analysts anticipate pressure on the local currency this week due…

NSE tasks Flour Mills on corporate governance, accountability

NSE tasks Flour Mills on corporate governance, accountability

The Nigerian Stock Exchange (NSE) has urged the management of Flour Mills of Nigeria plc…

Nigerian equities market loses additional N38bn

Nigerian equities market loses additional N38bn

As bargain appetite for equities remained low, no fewer than N38bn was further eroded from…

Intelligence

‘The economy is growing, but the people don’t feel it’

‘The economy is growing, but the people don’t feel it’

Pascal Odibo, group country director, Jeff & O’Brien, in this interview with KELECHI EWUZIE gives…

Effective negotiation skills

Effective negotiation skills

Do you feel that someone is continually taking advantage of you? Do you seem to…

‘Nigeria needs leaders with global perspective’

‘Nigeria needs leaders with global perspective’

SUNIL SAWHNEY, Managing Director, Seven-Up Bottling Company Plc in this insightful interview with KELECHI EWUZIE,…

Reviving student loans in Nigeria

Reviving student loans in Nigeria

The Nigerian Students Loans Board was established in 1972 and by 1991 it had given out student loans valued at N46 million (3.8 million US dollars). In 1992, the Board had outstanding loans of 40 million Naira (3.34 million US…