NABDA to establish laboratory for modified products
The National Biotechnology Development Agency has concluded arrangement to establish a laboratory for determining modified components of manufactured and agricultural products sold in the country. The...
View ArticleFord profits dented by loss in Europe
United States car giant Ford has reported results that underlined the contrasting fortunes of its North American and European businesses. According to a British Broadcasting Corporation report, the...
View ArticleUnilever rewards marketers
As part of efforts to reward its loyal marketers, Unilever Nigeria has started giving out cars and other prizes to its retailers in 42 markets across the country. The Sales Director, Unilever, Mr....
View ArticleSony doubles earnings forecast
Sony has doubled its earnings forecast for the full year to March 2013, helped by the weaker yen and money raised from asset sales. According to a British Broadcasting Corporation report, the Japanese...
View ArticleWikileaks in Iceland court victory over payments blockade
Wikileaks has won a victory in Iceland’s Supreme Court against a financial blockade on payments to the whistle-blowing site. According to a British Broadcasting Corporation report, the court upheld a...
View ArticleGreek privatisation bidder urged to improve offer
Greek-Czech investment fund Emma Delta has been given until 1 May to submit an improved bid for Greek gambling monopoly OPAP. According to a British Broadcasting Corporation report, its initial 622m...
View ArticleUK economy avoids triple-dip recession
The United Kingdom economy has avoided falling back into a recession after recording faster-than-expected growth in the first three months of the year. The Office for National Statistics said its first...
View ArticleJobless claims fall, labour market recovery advances
The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market despite signs of slower growth. Initial...
View ArticleHBW Group to raise $85m
HBW Group Pty Limited, a South African real-estate developer, plans to raise $85m by selling shares in an African property fund as retailers look for land to expand in the world’s second-fastest...
View ArticleJobless claims fall, labour market recovery advances
The number of Americans filing new claims for unemployment benefits fell last week by a surprisingly large 16,000, a sign there is still gas in the tank for the labour market’s recovery despite signs...
View ArticleAs a graduate, I sold recharge cards, then became a motivational speaker – Foh
Even as Nigeria battles with a serious unemployment crisis, a motivational speaker and author, Paul Foh, says the way out of it is for people to change their attitude. Foh was the guest speaker at a...
View ArticleVerizon eyes $100bn bid for Vodafone’s wireless stake
Verizon Communications Inc has hired advisers to prepare a possible $100bn bid to take full control of Verizon Wireless from its partner Vodafone Group Plc, two people familiar with the matter said....
View ArticleNSCDC, IPMAN fight pipeline vandalism
The Nigeria Security and Civil Defence Corps in the South-West has tasked the Independent Petroleum Marketers Association of Nigeria to provide logistic support in tackling pipeline vandalism. The...
View ArticleHome ownership options for low income earners
Most working class people desire to own a house but have no means of doing so, MAUREEN AZUH writes on alternatives for such people Everyone desires to have a house of their own. But like everything...
View ArticleOil production rises for Conoco, Exxon in first-quarter
Quarterly results from Exxon Mobil Corp and ConocoPhillips on Thursday showed that while overall growth remained elusive, output rose in key basins in the United States where the oil and gas companies...
View ArticleChi targets kids with new offer
Chi Limited Nigeria, the makers of Capri-Sonne natural fruit juice, has unveiled a reward campaign for kids tagged, ‘Capri-Sonne School Surprises offer’. The offer comes with several free gifts like...
View ArticleSON begins review of standards for LPG cylinders
The Standards Organisation of Nigeria has said that it would pursue the requalification exercise for Liquefied Petroleum Gas cylinders in the country The Director General, SON, Dr. Joseph Odumodu,...
View ArticleMarket capitalisation falls by N36bn
Equity trading activities on the Nigerian Stock Exchange witnessed weak bargain on Friday, with major indicators losing marginally. The market capitalisation of the listed shares fell by 0.3 per cent...
View ArticleAgbekoya acquires 970 hectares for cassava cultivation
The Agbekoya Farmers’ Association of Nigeria has acquired about 970 hectares of land in Abuja and Ondo State for the purpose of cultivation of cassava. The National Coordinator of the cassava...
View ArticleExperts decry low broadband Internet penetration
An Information and Communications Technology expert, Dr. Evans Woherem, has decried the low penetration of broadband Internet services in the country despite the boom in mobile communications...
View Article