Mainstreet Bank commits N10bn to agric development
The Executive Director, Corporate and Investment Banking, Mainstreet Bank Limited, Mr Roger Woodbridge, has commended the Federal Government for coming up with the growth enhancement scheme designed to...
View ArticleAMCON denies agreement with Ecobank chairman–Report
The Asset Management Corporation of Nigeria has said it is in advanced discussions with Ecobank Transnational Incorporated’s Chairman, Mr. Kolapo Lawson, following a report that he had fallen behind on...
View ArticleGTBank to buy 70% stake in Kenyan bank
Guaranty Trust Bank said on Thursday it had reached an agreement to acquire a 70 per cent stake in Kenya’s Fina Bank Limited for $100m. According to a Reuters report, Fina Bank has total assets of...
View ArticleNokia shares fall after sales drop
Nokia shares have tumbled by four per cent after the company released weak second quarter sales, the British Broadcasting Corporation reported. The mobile phone company reported sales of 5.69bn euros...
View ArticleIt’s wrong to ask job applicants to pay – Famuyibo
Human Resources Director, Nigerian Breweries Limited and President, Chartered Institute of Personnel Management, Mr. Victor Famuyibo, takes a tour of his decades in HR practice with BOSEDE...
View ArticleIHG opens first InterContinental Hotel in Nigeria
InterContinental Hotels Group, the global hospitality group, has formally announced its investment and business future in Nigeria with the opening of InterContinental Hotel, Lagos, its first hotel in...
View ArticleMainstreet Bank lauds Federal Government on agric devt
The Executive Director, Corporate and Investment Banking, Mainstreet Bank Limited, Mr Roger Woodbridge, has commended the Federal Government for coming up with the Growth Enhancement Scheme; which is...
View ArticleCrude oil theft: Oil workers refute Presidential aide’s accusation
Oil workers have denied an allegation levelled against them by the Special Adviser to the President on Niger Delta Affairs, Mr. Kingsley Kuku, that they were the brains behind crude oil theft in the...
View ArticleIHG opens first InterContinental Hotel in Nigeria
InterContinental Hotels Group, the global hospitality group, has formally announced its investment and business future in Nigeria with the opening of InterContinental Hotel, Lagos, its first hotel in...
View ArticleMarket rally ends as 26 stocks record losses
The positive run, which had persisted in the equities section of the Nigerian Stock Exchange for almost two weeks, came to a halt on Friday with major indicators losing marginally. The market...
View ArticleMarket capitalisation rises by N114bn
Trading activities on the Nigerian Stock Exchange closed positive for the fourth consecutive trading day of the week on Thursday, as indicators recorded significant appreciation. The market...
View ArticleCrude oil theft: Oil workers refute Presidential aide’s accusation
Oil workers have denied an allegation levelled against them by the Special Adviser to the President on Niger Delta Affairs, Mr. Kingsley Kuku, that they were the brains behind crude oil theft in the...
View Article‘Shale oil, threat to Nigeria’s oil exports’
Energy and Maritime Consultant and Managing Partner, The Chancery Associates, Mr. Emeka Okwuosa, has said the recent evolution of shale oil in the United States has led to steady decline in Nigeria’s...
View Article110 firms bid for 10 NDPHC power plants
The Niger Delta Power Holding Company of Nigeria on Friday announced the closure of the bidding process for 10 of its power plants. NDPHC said a total of 110 companies expressed interests for the power...
View ArticleBank interest killing business –Anunobi
Managing Director/Chief Executive, Abuja Glazing Engineering Limited, Mr. Jonny Anunobi, in this interview with EVEREST AMAEFULE speaks on the effect of high bank interest on business growth, among...
View ArticleElectricity companies not poorly funded –NERC
Power generation and distribution companies in Nigeria are not poorly funded, the Nigerian Electricity Regulatory Commission has said. According to NERC, the funds generated from electricity fixed...
View ArticleCrane wins EU approval for $820m acquisition
United States diversified manufacturer Crane secured EU regulatory approval on Friday for its proposed $820m acquisition of MEI Conlux Holdings after pledging to sell assets and products in Canada and...
View ArticleJonathan’s timely visit to China (2)
Last week, we saw how Deng Xiaoping’s tempestuous socialist market economic voyage drove China to a three-decade unending two-digit phenomenal economic growth, resulting in not only an unheard-of 300...
View ArticleOutsourcing companies target 10 million jobs
Outsourcing companies and practitioners in Nigeria have stated their commitment towards creating 10 million jobs in the country. President, Institute of Software Practitioners of Nigeria, Mr. Chris...
View ArticleCost cuts help GE profit beat estimates
General Electric Company said on Friday its backlog of orders and services for jet engines, oil pumps and dozens of other products jumped by four per cent sequentially in the second quarter, sending...
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