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Eterna Oil overcomes subsidy gloom as revenue grows

Eterna Oil overcomes subsidy gloom as revenue grows

Eterna Oil plc, a downstream oil and gas company, has overcome the subsidy gloom that…

PublicVine, Nigerian-owned video platform, secures $5m investment

PublicVine, Nigerian-owned video platform, secures $5m investment

PublicVine, a US-based social video platform founded by a Nigerian, Nam Mokwunye, has secured investment…

AVEVA provides integrated engineering, design solutions to Total E&P Nigeria

AVEVA provides integrated engineering, design solutions to Total E&P Nigeria

United Kingdom-based engineering and construction firm AVEVA says Total E&P Nigeria Ltd (TEPNG) has adopted…

Holcim-Lafarge leftover assets seen enticing bidders

Holcim-Lafarge leftover assets seen enticing bidders

Once Holcim Limited and Lafarge SA start shedding assets across the world to complete their…

Huge operating expense hits UBA 1Q14 profits

Huge operating expense hits UBA 1Q14 profits

Background United Bank for Africa plc (UBA) was incorporated on February 23, 1961, and was…

Berger Paints tackles competition, expands customer service centre

Berger Paints tackles competition, expands customer service centre

Berger Paints Nigeria plc has opened a new Colour World Centre in Lekki, Lagos, in…

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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

10 exploration prospects identified in Nigeria, says CAMAC Energy

In addition to its development wells offshore Nigeria, United States-based CAMAC Energy Inc. says it has identified 10 exploration prospects and 12 leads in the country, and has currently high-graded three prospects containing unrisked prospective resources in excess of 200 million barrels of oil each. The company, which explores for oil and gas mostly in…

10 exploration prospects identified in Nigeria, says CAMAC Energy

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

Telcos bank on digital content growth to offset falling voice revenue

Telecommunications companies in Nigeria, Africa’s largest economy, are hopeful that the recent foray into digital content development as a viable means of driving broadband usage amongst subscribers will offset the steady decline in voice revenue, industry insiders have said. Voice service pricing has taken a huge blow in recent times as a result of intense…

Telcos bank on digital content growth to offset falling voice revenue

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Markets

Strong corporate governance drives Wema Bank’s profit Q1

Strong corporate governance drives Wema Bank’s profit Q1

Wema Bank Plc has posted a profit before tax of N590.7 million in its first quarter financial result ended March 31, 2014 from a loss before tax of N853.4 million in March 2013, representing 169.2 percent increase. The bank’s profitability…

Banks and installing anti-skimming devices on ATM terminals… how far?

Banks and installing anti-skimming devices on ATM terminals… how far?

It will not be a surprise to see a bank or banks keep mute over…

Bankers’ acceptances decline by 0.60% in one month

Bankers’ acceptances decline by 0.60% in one month

The value of bankers’ acceptances (BAs) declined by 0.60 percent to N20.34 billion in January…

Lafarge joins high priced equities on NSE

Lafarge joins high priced equities on NSE

 The Nigerian Stock Exchange (NSE) on Tuesday said that Lafarge Cement Wapco stock has joined…

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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