Telecoms companies seek increased access to USPF
Players in Nigeria’s telecommunications sphere have called for the removal of various impediments making quick access to the Universal Service Provision Fund difficult. They unanimously called the...
View ArticleExxon’s quarterly profit falls short of street view
PARIS: Exxon Mobil Corp on Thursday reported a sharp fall in quarterly profit on lower oil and gas output production and weaker earnings from its refining business, Reuters reported on Wednesday. “I...
View ArticleWe need venture capitalists to invest in IT –Ajisomo
Dele Ajisomo is the Managing Director/Chief Executive Officer, Mandriva West Africa and a Board member of the Information Technology Association of Nigeria. In this interview with STANLEY OPARA and...
View ArticleDPR to clamp down on illegal gas distributors
The Department of Petroleum Resources has warned against distribution of Liquefied Petroleum Gas (cooking gas), saying unlicensed distributions will be severely punished. The Operations Controller,...
View ArticleBarclays joins UBS in pursuit of African millionaires
Barclays Plc is joining Citigroup Incorporated and UBS AG in targeting millionaire clients in Africa as the continent’s fastest-growing economies swell a rich list topped by billionaires Aliko Dangote...
View ArticleMichael Dell clinches new $24.8bn buyout deal
Dell Incorporated and a group led by founder and Chief Executive Michael Dell reached a new deal on Friday that dramatically increases the chances of a $24.8bn buyout going through. The new agreement...
View ArticleJohannesburg bourse to offer 24 times faster trading
The Johannesburg Stock Exchange, Africa’s largest bourse, has started discussions with contractors to begin building a co-location service next to its own data center that will speed up trading. The...
View ArticleWhy CBN is now worse than an invading army
It all started when Chukwuma Soludo became the chief banker of Nigeria. Gussied up within the fanciful precincts of mathematical equations within textbook theories, the Central Bank of Nigeria began to...
View ArticleLilypond Container Depot closes operations
The management of Lilypond Container Depot Nigeria Limited has announced its inability to continue operating its container depot in Ijora, Lagos, owing to poor patronage. A statement by the...
View ArticleBuilding customer loyalty and advocacy
Customer-centricism has become a very popular word in the corporate world. This simply means ‘customer-focused.’ It shows that organisations are moving from acquisition and product centric marketing...
View ArticleNigeria, Cote d’Ivoire in railway development talks
There are indications that Nigeria and Cote d’Ivoire will work together to execute a number of transport infrastructural projects to speed up the economic development in the two countries. Already, the...
View ArticleFood security: Nigeria distributes cassava stems to farmers
Nigeria, in partnership with HarvestPlus, has commenced the distribution of pro-vitamin A cassava stems to farmers. A statement obtained from the International Institute of Tropical Agriculture on...
View ArticleWe’ll revive viable free trade zones — NEPZA MD
About six months ago, Mr. Olugbenga Kuye was appointed the Managing Director and Chief Executive Officer, Nigeria Export Processing Zones Authority. The former Executive Director, EcoBank, spoke to...
View ArticleUnemployed graduates should learn a trade — Ajiboye
The Managing Director of Sans Frontiers.com, a travel management company, Tejumolu Ajiboye, 26, speaks on the fears of most young graduates in business and how she conquered hers. She spoke with...
View ArticleCustoms intercept 3,263 bags of rice in Oyo
The Nigeria Customs Service, Oyo/Osun Command, said on Friday it had intercepted 3,263 bags of rice allegedly being illegally conveyed into the country via three articulated trucks. The Customs Area...
View ArticleFirm takes green technology campaign to Ibadan
An alternate energy products distributor, Simba Den Limited, says it has opened its products outlet in Ibadan, the Oyo State capital, to provide services for its customers in the South-West states. The...
View ArticleBond funds worldwide suffer $1.6bn outflow — BoA
Bond funds worldwide suffered outflows of $1.6bn in the latest week as investors awaited signs from the Federal Reserve regarding its bond-buying stimulus, data from a Bank of America Merrill Lynch...
View ArticleCrisis and issues in social media
Social media, despite its growing popularity, has a lot of challenges. Some activities online can expose you or your business to harm or embarrassment. The fact that you have yet to encounter this sort...
View ArticleCustomer account opening mandate (2)
Last week, we opened the discussion on the above topic. I started by explaining that a Mandate is a documented instruction usually given by the customer to his banker, detailing how his account is to...
View ArticleAccess Bank to support entrepreneurs in hospitality business
access Bank Plc has expressed its preparedness to support operators in the hospitality business in the country. The Managing Director, Access Bank Plc, Mr. Aigboje Aig-Imoukhuede, said at a business...
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