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SABMiller’s sales increase on pricier beer in Africa, Europe

SABMiller’s sales increase on pricier beer in Africa, Europe

SABMiller Plc, the world’s second-biggest brewer, reported first-quarter revenue growth that beat estimates as it…

Wema Bank H1 profit triples on improved efficiencies

Wema Bank H1 profit triples on improved efficiencies

Wema Bank Nigeria plc’s half-year (H1) profit more than tripled on improved efficiency despite the…

Associated Discount House rating improves

Associated Discount House rating improves

Foremost independent credit rating firm in Nigeria, Agusto & Co, has upgraded Associated Discount House…

Transcorp H1 profit rises 177.42% on aggressive expansion

Transcorp H1 profit rises 177.42% on aggressive expansion

Transnational Corporation of Nigeria plc’s half-year (H1) profit rose 177.42 percent on investment diversification and…

Union Registrars restructures for growth

Union Registrars restructures for growth

As part of strategic moves to sustain its competitive edge, Union Registrars Limited, which has…

Industries get tax holiday, discounts on land acquisition in Oyo

Industries get tax holiday, discounts on land acquisition in Oyo

In its bid to attract local and foreign investors, especially in the agricultural sector, Oyo…

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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

Analysts foresee stable bond market over CBN policy stance

Bond market analysts are of the view that the market will remain stable as the Central Bank of Nigeria (CBN) continues with the current policy stance for the rest of the year. This was disclosed by analysts at Dunn Loren Merrifield Asset Management & Research Company in their recent financial markets and outlook report. The…

Analysts foresee stable bond market over CBN policy stance

‘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

  • Ramadan Kareem
  • Rice, votes and violence: Democracy in Nigeria
  • Football as economics
  • A larger pie, more slices and an improved investment story
  • Nadine Gordimer, flower of the Highveld

Markets

Market Watch:  Union Bank, Cadbury post falls in half-year profit

Market Watch: Union Bank, Cadbury post falls in half-year profit

Union Bank Plc said on Friday its half-year pretax profit fell to N6.46 billion ($39.9 million), down 34 percent from N9.8 billion a year ago. Gross earnings also fell 11.69 percent to 49.59 billion naira during the six months to…

Fidson Healthcare pays N150m worth of dividends

Fidson Healthcare pays N150m worth of dividends

Fidson Healthcare plc has paid out dividend worth N150m, which represents 10kobo per share. This…

Shareholders approve N10bn fresh capital issue for RT Briscoe

Shareholders approve N10bn fresh capital issue for RT Briscoe

Shareholders of RT Briscoe (Nigeria) plc have authorised the board of the company to raise…

Analysts foresee stable bond market over CBN policy stance

Analysts foresee stable bond market over CBN policy stance

Bond market analysts are of the view that the market will remain stable as the…

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…

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Forecast

Weather for Lagos Nigeria
Today Saturday Sunday
It is forcast to be Thunderstorm at 10:00 PM WAT on July 25, 2014
Thunderstorm
27°/23°
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on July 26, 2014
Chance of a Thunderstorm
28°/24°
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on July 27, 2014
Chance of a Thunderstorm
28°/23°
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