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Dangote dispels misinformation, reaffirms commitment to 42.5 grade cement

Dangote dispels misinformation, reaffirms commitment to 42.5 grade cement

Against the backdrop of the controversy over the quality of cement among industry stakeholders and…

SABMiller mulls options for $1.04bn Tsogo Sun stake

SABMiller mulls options for $1.04bn Tsogo Sun stake

SABMiller plc, the world’s second-biggest brewer, says it is considering options for its $1.04 billion…

The Nigerian project is for all of us to execute – ICSAN

The Nigerian project is for all of us to execute – ICSAN

The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), a leading recognised professional body…

FG plans relocating tank farms to Ogun, Ondo to ease Apapa congestion

FG plans relocating tank farms to Ogun, Ondo to ease Apapa congestion

Worried by the incessant gridlock rocking Apapa metropolis, which houses the nation’s economic gateways, Apapa…

Experts point way forward for Nigeria’s tax system

Experts point way forward for Nigeria’s tax system

Tax administration in Nigeria lacks coherent policy direction and this is capable of undermining the economic…

External reserves rise to $37.9 billion

External reserves rise to $37.9 billion

The Central Bank of Nigeria (CBN) has said that the nation’s external reserves stood at…

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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

Delay in approving Mobil’s 500 megawatts IPP raises concerns

Delay by the Nigerian National Petroleum Corporation (NNPC) in giving approval for the construction of the 500 megawatts (MW) independent power project being undertaken by Mobil Producing Nigeria Unlimited has left the project stranded, throwing a spanner in the efforts by the Federal Government at ensuring stable power supply in the country. BusinessDay was reliably…

Delay in approving Mobil’s 500 megawatts IPP raises concerns

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

FEC approves $300m Diaspora bond for Nigeria

The Federal Executive Council (FEC) has approved the floating of a $300 million bond for Nigerians in the Diaspora. This is just as the government has also approved the floating of N80 billion Global Depository Notes (GDN) to create opportunities for foreigners desiring to invest in infrastructural development in Nigeria. Ngozi Okonjo-Iweala, coordinating minister for…

FEC approves $300m Diaspora bond for Nigeria

Osun enrols 350,000 students in fresh e-government drive

To improve planning and proper allocation of resources to the education sector in the State of Osun, biometric enrolment of students of government schools is in progress across the 30 Local Government Areas (LGA) of the state. The project, being executed by Chams plc, is expected to provide the government of the State of Osun…

Osun enrols 350,000 students in fresh e-government drive

Columnists

Markets

Stanbic IBTC’s Q1 profit rises 47 percent

Stanbic IBTC’s Q1 profit rises 47 percent

Stanbic IBTC Holdings’ first-quarter pretax profit rose 47 percent to N8.96 billion, the local unit of South Africa’s Standard Bank said on Thursday. Gross earnings rose to N30.22 billion  in the three months ended March 31 from N26.58 billion  in…

Seplat rallies further on increasing demand

Seplat rallies further on increasing demand

Increasing demand for the shares of Seplat Petroleum Development Company plc further helped to push…

External reserves rise to $37.9 billion

External reserves rise to $37.9 billion

The Central Bank of Nigeria (CBN) has said that the nation’s external reserves stood at…

Naira falls on increased dollar demand

Naira falls on increased dollar demand

The naira weakened against the dollar on the interbank market on Wednesday, with the dollar…

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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