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Cadbury Nigeria profit drops 50%

Cadbury Nigeria profit drops 50%

Cadbury Nigeria plc, a company in the Fast Moving Consumable Goods sector, recorded a 50…

Kouros Capital announces billion dollar investment plan for Nigeria

Kouros Capital announces billion dollar investment plan for Nigeria

Kouros Capital Group Limited (KCG) has announced that it is making immediate arrangements to bring…

Union Bank in slow start as half year profit slides 34.08%

Union Bank in slow start as half year profit slides 34.08%

Union Bank is in a slow start to 2014, as half year profits slid 34.08…

Global Edison to build $2.5bn power plant in Anambra

Global Edison to build $2.5bn power plant in Anambra

United States (US) power plant developer – Global Edison Corporation – is set to build…

Keystone Bank recounts cashless policy success, calls for PoS education

Keystone Bank recounts cashless policy success, calls for PoS education

Keystone Bank Limited has said that the cashless policy of the Central Bank of Nigeria…

BP warns more sanctions may hurt business as profit rises

BP warns more sanctions may hurt business as profit rises

BP plc, the UK oil company with the single-biggest foreign investment in Russia, warned that…

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Multimedia

BD Cartoons

“I say, you saw to it that, that saw saws” “HEHEHE You saw it first, so it’s your saw”…

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

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 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

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 N16.07 billion ($99.26 million), 8.4 percent lower than the N17.56 billion recorded in the same period last year. Gross earnings however, rose to 78.72 billion…

Stock Exchange reassures of improving investor confidence

Stock Exchange reassures of improving investor confidence

The Nigerian Stock Exchange (NSE) yesterday reassured market participants that it will continue to work…

Nestle Nigeria H1 pre-tax profit rise to N13.93 bn

Nestle Nigeria H1 pre-tax profit rise to N13.93 bn

Nestle Nigeria said on Wednesday its half year to June 2014 pre-tax profit rose five…

Cussons boosts profit despite disruptions in Nigeria, eyes Africa growth

Cussons boosts profit despite disruptions in Nigeria, eyes Africa growth

PZ Cussons Plc, maker of Imperial Leather soap, posted a higher full-year profit after cost…

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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Forecast

Weather for Lagos Nigeria
Today Friday Saturday
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on July 31, 2014
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29°/24°
It is forcast to be Thunderstorm at 10:00 PM WAT on August 01, 2014
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It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on August 02, 2014
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28°/24°