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Stanbic IBTC’s 1Q14 profits surge 89.24 percent

Stanbic IBTC’s 1Q14 profits surge 89.24 percent

Background Stanbic IBTC Holding Plc is a full service financial services group with a clear…

Fidelity Bank approves N600m loan for leather, garment sectors in Aba

Fidelity Bank approves N600m loan for leather, garment sectors in Aba

The management of Fidelity Bank plc has approved six hundred million naira loan for the…

Hugh Opex squeeze GTBANK’S 1Q14 profits

Hugh Opex squeeze GTBANK’S 1Q14 profits

Background Guarantee Trust Bank Plc, Nigeria’s most profitable bank, was incorporated in 1990 and began…

PwC moves to boosts value delivery with Strategy

PwC moves to boosts value delivery with Strategy

Poised to boost the value of its service delivery and also grow its weight in…

IFC begins marketing Rwanda Bond as Africa Debt plan expands

IFC begins marketing Rwanda Bond as Africa Debt plan expands

The International Finance Corp. started marketing local-currency bonds in Rwanda, which is marking 20 years…

Courier plus gets new Managing Director

Courier plus gets new Managing Director

Superflux Group has appointed Tutu Sanni as the Managing Director of Courier Plus Services Limited, one of its…

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Multimedia

  • BusinessDay sits with Zuriel Oduwole
  • INTERVIEW: Bunmi Lawson, Managing Director ACCION Microfinance Bank Limited
  • INTERVIEW: Otunba Bimbola Ashiru; Honorable Commisioner, Ministry of Commerce & Industry Ogun State.
  • INTERVIEW:Olubunmi Adefisayo Research Associate Leap Africa
  • INTERVIEW: Joachim Adenusi CEO Conrad Clark Nigeria – YouTube
  • INTERVIEW:Friday Okpara- Head Public-Private Partnership SMEDAN
  • INTERVIEW:Yvonne Isiche ED Keystone Bank
  • Businessday Conference – Identifying, Understanding & Managing Risks in SMEs
  • By the numbers: NIS Recruitment Disaster
  • Finally a Second Niger Bridge
  • INTERVIEW: Ayodele Joseph, Chairman Apapa LGA
  • INTERVIEW: Participants at the BD Competitive Strategy Master Class
  • INTERVIEW: Hal Gregersen, Professor of Innovation and Leadership, INSEAD
  • INTERVIEW: Frank Aigbogun at BD Competitive Strategy Master Class 2014

10 exploration prospects identified in Nigeria, says CAMAC Energy

In addition to its development wells offshore Nigeria, United States-based CAMAC Energy Inc. says it has identified 10 exploration prospects and 12 leads in the country, and has currently high-graded three prospects containing unrisked prospective resources in excess of 200 million barrels of oil each. The company, which explores for oil and gas mostly in…

10 exploration prospects identified in Nigeria, says CAMAC Energy

Petroleum Product Marketing Companies’ revenue fell by N53 billion in 9 months of 2013

The nine months of 2013 unaudited results re¬leased by Nigerian Stock Exchange and made available to BusinessDay Research and Intelligent Unit (BRIU) shows that the turnover of six out of the seven quoted petroleum products marketing companies fell by N53 bil¬lon or 6 percent.These companies include Oando Plc; Total Nigeria Plc; Mobil Oil Nige¬ria Plc;…

Petroleum Product Marketing Companies’ revenue fell by N53 billion in 9 months of 2013

Peter Long, ‘grandfather’ of Europe’s travel industry

No business sector is more sensitive to crises than travel. They arrive with alarming frequency and when least expected, sending tour operators, travel agents, airlines and hoteliers into a familiar pattern of cancellations, recovery planning and accounting for lost earnings. So you could excuse Peter Long, Tui Travel’s chief executive, for dismissing out of hand…

Peter Long, ‘grandfather’ of Europe’s travel industry

Treasury auction 4-1/2 times oversubscribed

A Nigerian short-term debt sale was 4-1/2 times oversubscribed by local pension funds and foreign investors on Wednesday, driving yields down across maturities, dealers said. Nigeria received N680.14 billion ($4.21 billion) in subscriptions for Treasury bills ranging from 3-month to one-year maturities. It had aimed to raise N150.61 billion ($932 million) and the heavy demand…

Treasury auction 4-1/2 times oversubscribed

Telcos bank on digital content growth to offset falling voice revenue

Telecommunications companies in Nigeria, Africa’s largest economy, are hopeful that the recent foray into digital content development as a viable means of driving broadband usage amongst subscribers will offset the steady decline in voice revenue, industry insiders have said. Voice service pricing has taken a huge blow in recent times as a result of intense…

Telcos bank on digital content growth to offset falling voice revenue

Columnists

Markets

Zenith, Unity record pre-tax profit increase in Q1

Zenith, Unity record pre-tax profit increase in Q1

In separate filings on the Nigerian Stock Exchange (NSE) on Thursday, Zenith and Unity banks declared increases in pretax profit for the first quarter (Q1). Zenith Bank said its first-quarter pretax profit rose to N28.91 billion ($179 million), up from…

Treasury auction 4-1/2 times oversubscribed

Treasury auction 4-1/2 times oversubscribed

A Nigerian short-term debt sale was 4-1/2 times oversubscribed by local pension funds and foreign…

Strong corporate governance drives Wema Bank’s profit Q1

Strong corporate governance drives Wema Bank’s profit Q1

Wema Bank Plc has posted a profit before tax of N590.7 million in its first…

Banks and installing anti-skimming devices on ATM terminals… how far?

Banks and installing anti-skimming devices on ATM terminals… how far?

It will not be a surprise to see a bank or banks keep mute over…

Intelligence

Eco-friendly building: How feasible in Nigeria?

Eco-friendly building: How feasible in Nigeria?

Ordinarily, the idea of green building would have been strange in our largely traditional and…

Indigenous participation critical to oil, gas industry growth

Indigenous participation critical to oil, gas industry growth

The panel of discussants on the issue was led by Scott Aitken, the Co-CEO of…

Ethical responsibilities of the board of directors

Ethical responsibilities of the board of directors

A leader takes people where they want to go. A great leader takes people where…

Fidelity Bank’s dwindling performance highlights restructuring urgencies

Fidelity Bank’s dwindling performance highlights restructuring urgencies

Background Incorporated in 1987, as a private limited company with a merchant banking licence, Fidelity Bank has since evolved to become a publicly listed financial institution aspiring to be a top tier Nigerian bank through organic and inorganic means. In…

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