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Nigerian cement firms to double output by 2020 to 43m tons

Nigerian cement firms to double output by 2020 to 43m tons

Nigeria’s cement industry will continue its growth spurt into 2020, as investment in capacity continues…

Volatile economic environment dampens Unilever’s half-year profit

Volatile economic environment dampens Unilever’s half-year profit

The difficulties in the Nigerian economy such as infrastructure deficits and political instability in the…

Falcon Petroleum increases Ikorodu gas supply to 22m CF/d

Falcon Petroleum increases Ikorodu gas supply to 22m CF/d

Industrial firms in the Ikorodu area of Lagos State will soon have cause to boost…

Agusto & Co sees real estate, power, automobile others driving economy

Agusto & Co sees real estate, power, automobile others driving economy

Real estate, power, automobile, dairy and poultry sectors have been identified as key drivers of…

African Alliance affirms commitment to customer service

African Alliance affirms commitment to customer service

African Alliance Insurance, one of the country life underwriting firms, has underscored its commitment to…

Lotus Capital signs 100m units of Halal Equity Exchange Traded Fund

Lotus Capital signs 100m units of Halal Equity Exchange Traded Fund

Following the receipt of the Securities and Exchange Commission clearance of the Offer Documents in…

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Multimedia

  • Frank Aigbogun’s opening speech at the 2014 BusinessDay Annual Innovation in Banking Awards.
  • Aigboje Aig-Imoukhuede at the 2014 BusinessDay Annual Innovation in Banking Awards.
  • Arunma Oteh’s speech at BusinessDay’s West African Capital Market Integration Conference.
  • BusinessDay speaks with Arunma Oteh, Director General SEC.
  • BusinessDay speaks with Ekow Afedzie, DMD Ghana Stock Exchange
  • Drama at the Confab
  • Projects in Nigeria up to July 2013 (capital value, $million)
  • Tony O. Elumelu’s Welcome Address at the U.S Secretary of Commerce Speech delivery in Lagos, Nigeria
  • U.S Secretary of Commerce, Penny Pritzker delivering her speech in Lagos Nigeria.
  • BusinessDay’s Top 25 CEOs Annual Award Dinner 2014
  • Toyin Sanni, CEO, UBA Capital plc at BusinessDay’s Top 25 CEOs Annual Award 2014.
  • BusinessDay’s Top 25 CEOs Annual Award 2014
  • BusinessDay’s Amadi Iheukwumere at The BD HR Conference
  • Niyi Alabi at The BusinessDay HR Conference

BD Cartoons

“I can assure you that one billion dollars, fired fron this canon, will annihilate them once and for all”…

BD Cartoons

OPEC sees decline in demand for crude oil from Nigeria, others in 2015

The Organisation of Petroleum Exporting Countries (OPEC) has cut its forecast of demand for crude oil from the 12-member oil cartel next year by 300,000 barrels per day (bpd), against the backdrop of surging supply from non-OPEC producers, particularly the United States (US). The US overtook Saudi Arabia and Russia to become the world’s biggest…

OPEC sees decline in demand for crude oil from Nigeria, others in 2015

Duncan Niederauer, NYSE moderniser

Duncan Niederauer learned that nothing lasts forever in financial markets when Goldman Sachs turned to him to figure out how to overhaul its trading business during the high-tech frenzy of the late 1990s. Goldman was looking for ways to maintain the unit’s profitability as computers displaced human stock traders on Wall Street. Mr Niederauer, who…

Duncan Niederauer, NYSE moderniser

Nigeria to explore Sukuks through 2017

Sukuk, the Islamic equivalent of bonds, will be a part of Nigeria’s strategic framework through 2017, market development director Patience Oniha of the Debt Management Office has told Bloomberg. Unlike conventional bonds, which bestow ownership of a debt, a sukuk will grant the investor a share of an asset, along with the equal cash flows…

Nigeria to explore Sukuks through 2017

‘Nigeria is Africa’s biggest VAS market’

Ugo Okoye, is the chief executive officer of iConcepts, a mobile technology solutions provider. In this interview with BEN UZOR JR, he says VAS, if appropriate resources are channeled towards its development, can assist mobile operators offset the huge decline in voice revenues. Okoye is also of the view skewed revenue share model in favour…

‘Nigeria is Africa’s biggest VAS market’

Columnists

  • Rice, votes and violence: Democracy in Nigeria
  • Football as economics
  • Graduating from high school
  • Parents, children and friendship
  • A spectacular World Cup and the amazing German talent machine

Markets

Need for banks to help customers make financial decision

Need for banks to help customers make financial decision

According to 2014 EY Global Consumer survey, although, in-person advice is received with the greatest interest by customers in all regions, alternative approaches of advising customers also generate significant levels of interest. While customers in Latin America, the middle East,…

Leveraging security, location for high ROI at Greenville Gardens

Leveraging security, location for high ROI at Greenville Gardens

The story of any successful real estate investment has something quite significant to do with…

Cement controversy rages as group flays Reps on committee report adoption

Cement controversy rages as group flays Reps on committee report adoption

An end may not be in sight yet to the lingering controversy over the cement…

Roads infrastructure: Abuse, resource limitation challenge our efforts—Hamzat

Roads infrastructure: Abuse, resource limitation challenge our efforts—Hamzat

Relatively, the Lagos State government is doing well in building infrastructure and rehabilitating existing ones,…

Intelligence

How Nigerians use the internet (1)

How Nigerians use the internet (1)

With a population of 170 million, 130 million active lines, 66 million of which are…

Signal from operational zones

Signal from operational zones

In any given country, pipelines play an important role in providing the needed fuels for sustaining vital…

The rising fortune of Sesame seeds

The rising fortune of Sesame seeds

Sesame seed (sesame indicum L.) is Nigeria’s second most important non-oil export after cocoa. It is also known as…

Winning in Nigeria’s evolving food market

Winning in Nigeria’s evolving food market

The size of Nigeria’s population inevitably saddles it with a huge food bill. According to the National Bureau of Statistics (NBS), the country’s over 28.9 million households expended circa N15.67 trillion on food in 2009/10 alone. By 2012, Nigeria imported…

Brands & Advertising

Forecast

Weather for Lagos Nigeria
Today Thursday Friday
It is forcast to be Thunderstorm at 10:00 PM WAT on July 23, 2014
Thunderstorm
28°/24°
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on July 24, 2014
Chance of a Thunderstorm
28°/23°
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on July 25, 2014
Chance of a Thunderstorm
28°/24°
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