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.
Headline News
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Nigeria needs to build and provide two million housing units every year to bridge its 17 million housing-unit deficit, says Henry Egbiki, regional manager for Africa, Ernst & Young.
He said... |
Nigerian importers brought in a total of 58,786 full container loads (FCL) of different cargoes through the nation’s main economic gateways, Apapa and Tin-Can Island ports in the first quarter... |
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BusinessDay journalists, Daniel Obi, media business editor and Alexander Chiejina, health correspondent, won the Best Corporate Social Responsibility (CSR) Report and Best Report on Nutrition awards... |
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
Let me write this week about Douglas Yates. He is a lanky, engagingly eccentric American academic who has been teaching, ever since he was a correspondent for West Africa magazine in the 1990s, at the American University in Paris. His presence in France has been tolerated (or perhaps ignored) with indulgence for a long time, as he has been a...
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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Intelligent Energy, the global power technology company, has announced collaboration with world-leading telecommunications company, Etisalat Nigeria, starting immediately. The two companies will work together to test personal energy...
Zinox Technologies Group, Africa’s information communications technology (ICT) group, on Monday said it has completed the installation of a digital personal computer (PC) and phones assembly plant, ahead of the end of May 2013 deadline set...
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,...
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