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NSE recorded N140.8bn foreign investment in two months

The total amount of Foreign Portfolio Investments in the Nigerian Stock Exchange for the first two months of the year stood at N140.8bn. The amount of inflow and outflow of FPI in the market between...

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Bank of America profits jump after cost cutting

Bank of America has reported a sharp rise in profits after it shed costs and set aside less money for bad loans. According to a British Broadcasting Corporation report, the bank reported first quarter...

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US team claims: Super-powered battery breakthrough

A new type of battery has been developed which its creators say could revolutionise the way we power consumer electronics and vehicles. According to a British Broadcasting Corporation report, the...

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FG targets three million-tonne steel production this year

The Federal Government has set a target of three million tonnes of liquid steel production for the country by the end of this year. President Goodluck Jonathan said this during the inauguration of the...

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Lufthansa faces more strikes as union rejects offer

Lufthansa was threatened with a second round of strikes as the Verdi union, representing thousands of staff at the airline, rejected as “unacceptable” an offer for wage increases from the company....

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Pinewood studio confirms China expansion

Pinewood Shepperton has signed a joint venture with a Chinese media entrepreneur as it seeks to expand its production services into the fast-growing Chinese market. The venture partnership with Bruno...

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Global shares weak on US data

Stock markets around the world were volatile on Thursday, with United States stocks down following weak data on factory activity. Reuters reported that this is the latest in a series of indicators...

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Navevo sat-nav offers cyclist alerts to lorry drivers

Navevo says it plans to add to the 100 warning zones built into the launch units of its new sat-nav. A sat-nav system which warns lorry drivers when they are approaching roads where they are most at...

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Osun invests N629m in fish, poultry farming

In the bid to boost food production, the Osun State Government has invested N629.4m in poultry and fish farming. The Commissioner for Agriculture and Food Security, Mr. Wale Adedoyin, disclosed this...

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Mattel shares rise to 15-year high on results

Shares in the world’s biggest toymaker, Mattel, rose to a near 15-year high after results beat expectations. According to a British Broadcasting Corporation report, Mattel’s profits jumped to $38.5m...

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NDPHC to add 4,200 MW to national grid by December

The Niger Delta Power Holding Company said it aims to be contributing about 4, 200 mega watts of electricity to the national grid by December. NDPHC, the owners of the National Integrated Power...

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Bidding goodbye to lucrative venture

Helmet dealers share their experiences with SIMON EJEMBI since the Lagos State Government restricted the operations of commercial motorcycles in the state. For many years, Mr. Obi Emmanuel made his...

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Nigeria’s woes are opportunities for smart entrepreneurs – Okoli

Chief Executive Officer, Solomon Hunt Ltd, Mr. Tobena Okoli, highlights the challenges of small businesses and steps to growing them into a successful venture. He spoke with Udeme Ekwere In your...

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Sweet Sensation, Ribena re-echo Easter treat

Sweet Sensation Confectionery, a leading quick service restaurant in Nigeria, has fulfilled its promise to continue to reward her customers through its several customer loyalty programmes. In...

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Satellite technology can solve Africa’s common problems – NASRDA DG

The Director-General, National Space Research and Development Agency, Dr. Seidu Mohammed, said on Thursday that the use of satellite technology by African countries could help them solve their common...

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Luxury hotel sells treasures to fund restoration

One of the grandest luxury hotels in Paris will put most of its of furniture and fine wines under the hammer next week to help raise funds for a lengthy restoration. The Hotel de Crillon, closed after...

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NSE Index rebounds by 0.3%

After recording significant decline on Thursday, major market indicators of the Nigerian Stock Exchange recorded a rebound on Friday. At the close of trading activities, the NSE’s All-Share Index rose...

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A new business needs patience and trust — Okoro

Emmanuel Okoro is the director of an auto parts outfit, Seedorf Nigeria Limited. He speaks with OKECHUKWU NNODIM on how he built the business from the scratch  How did you start your business? I would...

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Fitch downgrades UK credit rating

The Fitch credit ratings agency has downgraded the UK to AA+ owing to a weakened economic outlook. The move, after Moody’s downgrade in February, came as Chancellor George Osborne defended the...

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S is for Secretary

A secretary, personal assistant, or administrative assistant is a person, whose primary role consists supporting executives by using a variety of project management, communication  or   organisational...

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