Doing business in Nigeria is wonderful – Vconnect boss
Deepankar Rustagi is the General Manager of Vconnect, Nigeria’s local business search engine. In this interview with MAUREEN AZUH, he talks about challenges of small and medium scale businesses in...
View ArticleChancery boss canvasses passage of PIB
Maritime and Energy Lawyer at the Chancery Associates, Mr. Emeka Okwuosa, has said that the new PIB is a step in the right direction. He said the bill is a watershed reform that will change the...
View ArticleEU finance ministers reach deal on bank bailouts
European Union finance ministers have agreed an outline plan on how to rescue troubled banks — without leaving taxpayers to face the bill. According to a British Broadcasting Corporation report, the...
View ArticleUK double-dip recession revised away
The United Kingdom economy did not experience a double-dip recession at the beginning of 2012, official figures have shown. Updating its historical data, the Office for National Statistics said growth...
View ArticleRolls-Royce regrets Qantas A380 engine explosion
Rolls-Royce has said that it “regrets” the mid-air failure of one of its Trent 900 engines which happened on a Qantas A380 plane in November 2010. According to a British Broadcasting Corporation...
View ArticleUAC to focus on subsidiary business
UAC of Nigeria Plc has said it will focus on building its subsidiaries for the next three years. A statement from the company on Thursday, said it was set to ensure that it grew its holding company...
View ArticlePanasonic develops new voltage technology for air conditioners
In bid to bridge energy gap and meet the demands of its consumers, Panasonic has unveiled its new range of room air conditioners, with automatic voltage switcher system to protect component such as...
View ArticleAir passenger traffic rises by 230%
The Federal Government on Thursday said domestic air passenger traffic increased in the country last year by 230 per cent. It said the number of domestic air travellers in the past 12 years rose from...
View ArticleBurma awards lucrative mobile phone contracts
Burma has awarded lucrative telecom licences to Norwegian firm Telenor and Qatari firm Ooredoo, a government committee in charge of bids has said. Correspondents say that the contract opens up one of...
View ArticleChinese companies decline in value
Chinese companies have dropped out of the ranks of the world’s 10 biggest stocks by market value for the first time since 2006. Bloomberg News reports that this came amid a cash crunch, slower growth...
View ArticleImomoh recognised for contributions to petroleum engineering
The President, Society of Petroleum Engineers, worldwide, Mr. Egbert Imomoh, has been honoured for his contribution to petroleum engineering in Nigeria and globally. The Group Managing Director, ARCO...
View ArticleTo succeed, be prepared for failure — Njoku
Jason Njoku is the Chief Executive Officer of Iroko Partners, a digital media firm. He tells ARUKAINO UMUKORO the story of his multi-million dollar company and how he conquered failure You once...
View ArticleMany graduates don’t have business skills — Accenture boss
Chief Executive Officer, Accenture Nigeria, Mr. Niyi Yusuf, talks about the Nigerian business environment and the economy. He spoke with ADEMOLA ALAWIYE How will you describe doing business in Nigeria?...
View ArticleWe lack capacity for oil and gas businesses — Muktari
Group Executive Director, Royal Exchange Plc, Alhaji Auwalu Muktari, speaks with NIKE POPOOLA on oil and gas insurance and risk management in the country Has there been any improvement in the level of...
View ArticleElectricity: NERC attributes poor services to inadequate resources
The Chairman, Nigerian Electricity Regulatory Commission, Dr. Sam Amadi, has linked poor service delivery in the power sector to inadequate resources. Amadi spoke in Ibadan during the inauguration of...
View ArticleProspects of ICT in knowledge economy
To say the world is changing rapidly is an understatement. The average smartphone today has more processing capacity than the entire brain box of the first spaceship that landed on the moon. We have...
View ArticleSWAP Technologies records 65% turnover growth
An indigenous telecommunications firm, SWAP Technologies & Telecoms Plc, recorded a 65 per cent increase in turnover in the year ended 2012, which amounted to N6.028bn. Chairman of the company, Mr....
View ArticleAnti-labour practice: PENGASSAN gives FG seven-day ultimatum
The Petroleum and Natural Gas Senior Staff Association of Nigeria has given the Federal Government a seven-day ultimatum, following unresolved labour issues by the government. In a letter to the...
View ArticleFG considers new approach to job creation
The Federal Government will soon unveil a new plan that will help to create about one million fresh jobs annually. The Special Adviser to the President on Job Creation, Mr. Obi Adim, who disclosed this...
View ArticleReserve currency cold war: Why euro lost to dollar
That President Franklin Delano Roosevelt and the Rockefellers never went to World War II to save Britain’s ailing empire, but rather to project an American Empire out of the ashes of Eurasia, was made...
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