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Gulf Island sees higher revenue, lower profit

Louisiana yard Gulf Island Fabrication posted higher revenues but lower income in the second quarter, www.upstreamonline.com reported on Friday The fabricator earned $4.3m, or 30 cents per share, in...

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Transcorp, three others seek N32.47bn from capital market

Transnational Incorporated Plc, Sterling Bank Plc and two other listed firms have secured the approval of the Nigerian Stock Exchange to raise about N32.47bn from the capital market.  The other two...

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‘Make your brand different’

Twenty-six-year old Kayode Oluwamotemi owns Shawarma.come, an eatery. He shares his business secrets with MOTUNRAYO JOEL What did you study in school? I studied Electrical Electronics Engineering at...

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Total increases Technip’s $100m contract for Egina field

Total Upstream Nigeria, a joint venture partner of the Nigeria National Petroleum Corporation, has awarded more contracts to Technip, a French company,  in a string of contract awards for the...

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Our products are not competitive –Adeduro

The Managing Director, Anchor Insurance Company Limited, Mr. Ademayowa Adeduro, speaks on the need to give more relevance to insurance, in this chat with NIKE POPOOLA There has been a lot of building...

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NRC set to repair rail sidelines

The Nigeria Railway Corporation has announced its plan to rehabilitate rail sidelines to enhance the movement of trains and ensure safety of its passengers.  The Managing Director of the Corporation,...

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NLNG resumes full operations

The Nigeria LNG Limited, on Friday, said it had lifted the force majeure declaration placed on its buyers and gas suppliers, following the resolution of the crisis between it and the Nigerian Maritime...

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Face shapes for hairstyles

A nice hairstyle is one that fits your face and suits its shape. When a nice hairstyle is fixed on a wrong face shape, it turns awful! Types of face shapes The seven most common are: Oval, round,...

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Customer account opening – Mandate (1)

A mandate is a documented instruction usually given by the customer to his banker detailing how his account is to be operated or how the items deposited in safe custody should be released.  A mandate...

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Establishing business relationships

There are many considerations that organisations must put into perspective when strategising for growth. Relationship management is at the forefront of these considerations.  Customers often close...

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US stocks face first weekly loss

Weak results from several United States  companies helped tug the stock market down slightly on Friday, putting major indexes on course for their first weekly loss this month, The Associated Press...

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Security challenges: What can ICT do?

In the last two years or so, Nigeria has been faced with severe security challenges that have threatened the soul of the nation.  Places of worship have been desecrated; homes, media houses, national...

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Toyota top-selling auto maker despite China slump

Toyota shrugged off China sales woes to stay the world’s top selling automaker for the first half of this year, outpacing United States  rival General Motors Company, which boasted such bragging rights...

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Dangote Cement announces N107.7bn half-year profit

Dangote Cement Plc has announced a profit before tax of N107.7bn for the six-month period ended June 30, 2013. The company disclosed this in a statement made available  to our correspondent on Friday....

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CBN sells N114.9bn in treasury bills

The Federal Government has sold N114.89bn ($717.61m) worth of treasury bills of maturities, ranging between three-month and one year, with yields slightly higher on 91-day and 364-day paper and flat on...

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Infrastructural development: Senators canvass collaboration between FG, states

The Senate Committee on Lands, Housing and Urban Development has called for collaborative efforts by the federal and state governments to improve on existing infrastructure and develop new ones at the...

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Architect seeks role definition in built environment

The Chairman, Nigerian Institute of Architects, Lagos State chapter, Mr. Ladipo Lewis, has said the roles of the different professionals in the built environment must be clearly defined to enable the...

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NAICOM urges compliance with compulsory building insurance

The National Insurance Commission has called for compliance with the provision of the Insurance Act, 2003, which makes it compulsory for all buildings used by third-party occupiers to be insured...

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Activision to expand after Vivendi sale –CEO

Activision Blizzard Incorporated Chief Executive Officer, Mr. Bobby Kotick, who is shelling out $50m of his own money in an $8.2bn deal to buy back most of Vivendi’s stake, said the world’s largest...

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Cornerstone supports FRSC on road safety

The Federal Road Safety Corps, Lagos Sector, has appointed Cornerstone Insurance Plc as the official partner for its ‘Decade of Action’ project “in recognition of the company’s consistent social...

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