In the past four years, International Oil Companies (IOCs) have divested much of their oil assets in Nigeria, deriving earnings of over $7 billion from the sales.
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Authorities at the Nigerian Sovereign Investment Authority (NSIA) on Monday announced that they would in June, begin investment of the stabilisation and future generation components of the... |
The Asset Management Corporation of Nigeria (AMCON) said yesterday it would retire N2 trillion worth of its N5.7 trillion of bonds this year and next, from bad loan recoveries and refinance what... |
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For the second time in 12 years, Bournvita brand produced by Cadbury Nigeria plc has received the endorsement of Nutrition Society of Nigeria as food drink rich in energy and essential micro-... |
As a show of appreciation and giving back to its customers, Golden Penny Foods recently rewarded its distributors during the 2013 edition of the customers’ forum, which was held in Lagos... |
Markets
Analysis
For more than a decade, Asia’s economies have been on the move – and so have its people. The scale of migration from rural to urban areas and across international borders is historically unprecedented, and twenty-first-century Asia is its focal point.
In Asia’s developing countries, the power and potential of remittances...
Multimedia
 Living up to their stuffy reputations, around two thirds of central banks do not operate any social media accounts, while many that do take a conservative approach to Twitter and Facebook.
Of 181 banks... |
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Nigeria’s foremost real estate investor and developer, UACN Property Development Company (UPDC) plc, at the weekend, turned the sod signalling the beginning of construction on its ambitious N5 billion Festival Mall project.
Sitting on...
Lagos State government has appealed to communities where projects are being undertaken to support its efforts at timely delivery of the projects.
Kadri Obafemi Hamzat, the state commissioner for works and infrastructure, made this appeal while...
Building professionals under the aegis of Building Collapse Prevention Guild (BCPG) have provided fresh insights into the causes of, and prevention methods for building collapse which has become a common feature of Nigeria’s built...
Increasingly, investor confidence and interest have continued to grow in Nigeria with many hoteliers of international brand looking to capitalise on the country’s emerging economy.
Analysts say that the country’s approximately 7 percent...
Wemabod Estates Limited is partnering Oyo State government to build an ultra-modern shopping complex that will accommodate about 4,000 shops and 20 warehouses in Ibadan, the state capital. The complex, which would be completed within nine months, is...
The need to bridge the infrastructure gap that has held down development in various sectors, especially housing, has given rise to initiatives and policies by government.
In Abuja, the Federal Capital Territory Administration (FCTA) has come up...
Determined to meet the growing demand for smartphones devices, Nokia, a leader in mobile communication technology, in strategic partnership with Microsoft and Airtel Nigeria has expanded its range of Lumia devices with the introduction of the...
Organisations in Nigeria are struggling with the ever-growing challenge of managing the growth of mobile devices and business applications across multiple networks. In view of this, United States technology company, Cisco is assisting business...
Stakeholders are seeking decisive actions by governments at all levels to protect, and rescue internet users, especially the most vulnerable -children and teenagers from on-line predators. Among the stakeholders, who gathered at a conference put...
The federal government needs to urgently equip its workforce and improve their level global competitiveness by imbibing digital literacy in order to cope with the challenges of today’s world, Oyeniran Oyekale, chief executive officer, Commit...
The deregulation of the travel sector has no doubt made it possible for people to become Independent Travel Agents without having to deal with a lot of red tape and government regulations.
This means that without necessarily having to spend money...
It is normal for financial experts to talk about money as if it is merely a matter of naira and kobo. While this may be true, when you are preparing a profit and loss statement for a business, it is definitely not the case when you are dealing with...
CHUKA UMUNNA, Shadow Secretary of State for Business, Innovation & Skills, in this interview with TAYO FAGBULE, Editorial Board Chairman, talks about his determination to promote stronger business relations in project finance and management,...
Brent crude oil held above 104 dollars per barrel on Monday supported by strong equity markets and a slightly lower dollar.
This was in ispite a weaker outlook for fuel demand and ample supplies.
World stock markets rose to five-...
The Chamber of Mines of Zimbabwe, which represents companies including Impala Platinum Holdings Ltd. (IMP), rejected a proposal for the state to control mineral production and prices, a draft response from the industry organisation...
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