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Regulatory induced costs squeeze Fidelity Bank’s HI profits

Regulatory induced costs squeeze Fidelity Bank’s HI profits

Fidelity Bank of Nigeria plc has had profit squeezed by regulatory induced costs imposed by…

Standard Chartered more than doubles commitment to Power Africa to $5bn

Standard Chartered more than doubles commitment to Power Africa to $5bn

Standard Chartered is more than doubling its commitment to ‘Power Africa’ by increasing its pledge…

Presco profit drops 63.6% due to expansion, IFRS compliance

Presco profit drops 63.6% due to expansion, IFRS compliance

At the 21th annual general meeting of Presco plc, recently in Benin City, the firm declared…

MainOne, Smile Communications sign long-term agreement

MainOne, Smile Communications sign long-term agreement

MainOne, West Africa’s leading telecoms services company, and Smile Communications, provider of 4G LTE Broadband…

Bharti Airtel crosses 300m customers milestone

Bharti Airtel crosses 300m customers milestone

Bharti Airtel, India’s telecoms services provider with operations in 20 countries across Asia and Africa,…

CMC Connect, DPR plan first Nigerian lubricants summit

CMC Connect, DPR plan first Nigerian lubricants summit

As part of efforts to promote and develop the growth of the downstream sector of…

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Multimedia

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BD Cartoons

“Welcome to Nigeria Mr Johnson, I wish i could welcome you in a less ebolatic manner” “Mr Flomo Johnson”…

BD Cartoons

OPEC oil output rises in July on fragile Libyan rebound

OPEC’s oil production rose in July from June, a Reuters survey found on Wednesday, as a fragile recovery in Libyan supply outweighed fighting in Iraq and reduced output from Angola. Despite the increase, unrest in Africa and the Middle East is still weighing on supply. That could hinder OPEC’s ability to boost output later in…

OPEC oil output rises in July on fragile Libyan rebound

Finally, hands on priced target

Tenacity is one attribute of any chief executive with belief and confidence in the pursuit of a strategy aimed at delivering better value to shareholders. If you were looking for a demonstration of tenacity in the traditional dogged pursuit of a goal that you’ll find in a focused Executive Management Suite in corporate Nigeria today,…

Finally, hands on priced target

Nigeria leads as sub-Saharan Africa bond issuance surpasses last year’s levels

Bond issuance volumes from sub-Saharan African have already surpassed last year’s levels with the promise of more to come and Nigeria leading the trend of corporate issuance. African issuance has dominated CEEMEA supply over the past month, with at least three more transactions possible over the coming next couple of weeks. African and African-related issuers…

Nigeria leads as sub-Saharan Africa bond issuance surpasses last year’s levels

Huawei to spend N80m on technology development

Huawei, Chinese technology company, says it will invest N80 million in the country’s Information and Communication Technology industry for develop skills of young Nigerians. The company made this known during the 2014 Nelson Mandela International Day event in Abuja. The company said that N4 million from the sum would be provided to the Nelson Mandela…

Huawei to spend N80m on technology development

Columnists

Markets

Flour Mills posts 24.4 percent drop in half-year profits

Flour Mills posts 24.4 percent drop in half-year profits

Flour Mills of Nigeria said on Friday its full-year to March 31, pre-tax profit dropped 24.4 percent to 8.22 billion naira ($50.94 million), compared with 10.88 billion naira the previous year. Gross earnings however climbed to 332.14 billion naira from…

Access Bank advises entrepreneurs on funding

Access Bank advises entrepreneurs on funding

Access Bank Plc has advised entrepreneurs on steps they need to take in addressing funding…

Stakeholders support N500bn recapitalisation for FMBN

Stakeholders support N500bn recapitalisation for FMBN

Stakeholders in the built environment and finance sectors have called for upward review of the…

FirstBank, Diamond Bank post fall in half-year profit

FirstBank, Diamond Bank post fall in half-year profit

Diamond Bank Plc said on Thursday its half year to June pre-tax profit dropped to…

Intelligence

‘Africa is final frontier for graduate management education’

‘Africa is final frontier for graduate management education’

Ron Sibert, Africa business development director, Graduate Management Admission Council (GMAC), in this chat with…

Funding of Education

Funding of Education

The fact that education costs money can hardly be denied. Quality Education requires quality infrastructure,…

Nigeria’s large working age population to drive economic growth

Nigeria’s large working age population to drive economic growth

Nigeria has been identified as one developing economy where a large and growing working age…

How to become an IT analyst

How to become an IT analyst

Career Definition An IT analyst, also called a systems analyst, designs and implements information systems that optimize organizational efficiency. The process begins with managers, who provide the IT analyst with a broad objective, like capturing marketing research data. The IT…

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