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Tax savings boost Diamond Bank’s Q1 2013 profits

Tax savings boost Diamond Bank’s Q1 2013 profits

Background Diamond Bank Plc, the largest tier II bank in Nigeria (by total assets), was…

Temasek Nigeria deal shows interest in faster-growing Africa

Temasek Nigeria deal shows interest in faster-growing Africa

The second major acquisition in Africa by Temasek Holdings Plc or one of its units…

Etihad Airways posts $1.4bn in 2014 Q1

Etihad Airways posts $1.4bn in 2014 Q1

Etihad Airways, the national airline of the United Arab Emirates, during the quarter one of…

L’Oreal targets strong ethical practice in business operation

L’Oreal targets strong ethical practice in business operation

The Chief Ethics Officer of the world’s leading beauty company, L’Oreal, Emmanuel Lulin has emphasized…

Forex Time engages traders, investors on trading skills

Forex Time engages traders, investors on trading skills

Forex Time (FXTM) says it has seen a huge need to educate Nigeria’s growing forex…

Diamond Bank bags CBN’s award for cash handling

Diamond Bank bags CBN’s award for cash handling

Diamond Bank Plc has received yet another award from industry regulator, the Central Bank of…

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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

Easter: Petroleum marketers intensify activities at Mosinmi, Ejigbo depots

Ahead of the long Easter break, petroleum marketers on Thursday intensified loading of petroleum products at Mosinmi and Ejigbo depots in Lagos, the News Agency of Nigeria (NAN) reports. A NAN correspondent who monitored loading activities in both private and NNPC depots reports that long queues of trucks were seen awaiting their turns. NAN also…

Easter: Petroleum marketers intensify activities at Mosinmi, Ejigbo depots

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

Osun enrols 350,000 students in fresh e-government drive

To improve planning and proper allocation of resources to the education sector in the State of Osun, biometric enrolment of students of government schools is in progress across the 30 Local Government Areas (LGA) of the state. The project, being executed by Chams plc, is expected to provide the government of the State of Osun…

Osun enrols 350,000 students in fresh e-government drive

Columnists

Markets

Fidelity Bank reports N30.95bn Qtr-1 gross earnings

Fidelity Bank reports N30.95bn Qtr-1 gross earnings

At the Nigerian Stock Exchange (NSE) yesterday, Fidelity Bank plc released its consolidated statement of comprehensive income for the first-quarter (Q1) ended March 31, 2014. With the release of its Q1’2014 result, Fidelity Bank plc joined others in the financial…

Lafarge, Stanbic, Mobil gain most at Stock Exchange

Lafarge, Stanbic, Mobil gain most at Stock Exchange

After yesterday’s trading at the Nigerian Stock Exchange (NSE), the shares of Lafarge Cement WAPCO…

Stanbic IBTC’s Q1 profit rises 47 percent

Stanbic IBTC’s Q1 profit rises 47 percent

Stanbic IBTC Holdings’ first-quarter pretax profit rose 47 percent to N8.96 billion, the local unit…

Seplat rallies further on increasing demand

Seplat rallies further on increasing demand

Increasing demand for the shares of Seplat Petroleum Development Company plc further helped to push…

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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