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Stanbic IBTC in growth spurt as profits surge 56 percent

Stanbic IBTC in growth spurt as profits surge 56 percent

Stanbic is in growth spurt as half year profit surged 56 percent amid the regulatory…

Sirius Petroleum to raise $20m for Ororo field production

Sirius Petroleum to raise $20m for Ororo field production

Sirius Petroleum, a company focused on oil and gas development and production opportunities in Nigeria,…

Statoil profit drops 12% in second quarter on lower output

Statoil profit drops 12% in second quarter on lower output

Statoil, Norway’s biggest energy company, said profit fell 12 percent in the second quarter as…

Sterling Bank moves to provide funding, advice for States projects

Sterling Bank moves to provide funding, advice for States projects

Sterling Bank Plc has put in place a robust strategy to support states with developmental…

Google triples deal spending to $4.2B in 2014 first half

Google triples deal spending to $4.2B in 2014 first half

Google Inc., more than tripled spending on acquisitions in the first half of the year to…

Central Banks in Russia to Kazakhstan boost Gold reserves

Central Banks in Russia to Kazakhstan boost Gold reserves

Central banks for Russia to Kazakhstan and Mexico increased gold reserves as Germany trimmed its holdings, International…

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Multimedia

BD Cartoons

“Hey, El Rufai, I am stuck here, I am sure it is jonathan who created this puzzle.. It must be him.. The clues are clueless”…

BD Cartoons

Angola’s goal to rival Nigerian oil output aided by Eni

Eni SpA (ENI) crews in Angola, Africa’s second-largest crude oil producer, upgraded a production vessel for new pumping this year as the southwest African country targets output rivaling its bigger competitor, Nigeria, reports Bloomberg. Eni plans to start production within five months as operator of block 15-06’s West Hub fields, estimated to hold reserves of…

Angola’s goal to rival Nigerian oil output aided by Eni

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

Repositioning institutions in Lagos with super-structures, upscale facilities

Repositioning institutions in Lagos with super-structures, upscale facilities

Though its complex nature tends to diminish efforts at building a model state befitting its dream mega city status, the Lagos State government has, in the past six years, taken steps that will attest for the state planners and managers…

Why investors avoid parking space devt despite huge opportunities

Why investors avoid parking space devt despite huge opportunities

In spite of the huge opportunities in the parking space business in Lagos— Nigeria’s commercial…

Demand softens, rent drops 20% as Ago Palace Way infrastructure worsens

Demand softens, rent drops 20% as Ago Palace Way infrastructure worsens

The negative impact of the deteriorating state of infrastructure in Okota, a Lagos suburb, is…

Expert highlights business environment risks slowing FDI in real estate

Expert highlights business environment risks slowing FDI in real estate

Despite the huge investment opportunities which the Nigerian economy presents for both local and foreign…

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 Wednesday Thursday
It is forcast to be Thunderstorm at 10:00 PM WAT on July 29, 2014
Thunderstorm
28°/24°
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on July 30, 2014
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29°/24°
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on July 31, 2014
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28°/23°
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