Breaking News
Company News

May and Bakers FY13 profits down125 percent on costs

May and Bakers FY13 profits down125 percent on costs

Background May & Baker Nigeria Plc was founded on September 4, 1944 as Nigeria’s first…

Nobel laureates to headline Covenant University inaugural African development conference

Nobel laureates to headline Covenant University inaugural African development conference

Two prominent Nobel laureates in Economics, Professor Thomas Sargent of New York University and Professor…

Premium Pensions to manage Niger State retirement redemption bond

Premium Pensions to manage Niger State retirement redemption bond

Premium Pension Limited, a leading Pension Fund Administrator (PFA) in the country has secured the…

Lack of formal market swell retail mall developers appetite

Lack of formal market swell retail mall developers appetite

Nigeria’s informal market structure might be changing with the urge for modern organised markets such…

100 plus corporate organizations, state govts expected at FDI exhibition

100 plus corporate organizations, state govts expected at FDI exhibition

Over 100 corporate organizations, state governments and individuals are participating in the Foreign Direct Investment Opportunities…

Custodian and Allied Insurance spur growth with merger synergies

Custodian and Allied Insurance spur growth with merger synergies

Background Custodian and Allied Insurance Plc (CAI), is a general insurance business. The principal activities…

imperial_homes
economist

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

Total goes ahead with $16 billion Angolan Kaombo oil project

Total said it had decided to go ahead with the Kaombo oil project offshore Angola after reducing its cost by $4 billion to $16 billion, an advance that could help Angola keep up oil output over the long run. The decision to invest in the ultra-deep sea project, which has been repeatedly delayed because of…

Total goes ahead with $16 billion Angolan Kaombo oil project

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

FBN Microfinance Bank leverages technology for growth expansion

FBN Microfinance Bank leverages technology for growth expansion

FirstBank Microfinance Bank Limited, with 23 branches in Lagos, seeks to expand its operations to other states of the federation, specifically Ibadan, Oyo State, and Abuja, FCT, among others. This is in response to the demand by people living outside…

Banks’ credit to domestic economy fell by 1.2% in January

Banks’ credit to domestic economy fell by 1.2% in January

Banks’ credit to the domestic economy fell to N12.1 trillion, representing 1.2 percent below the…

PZ Cussons says 9-month profit up 32 percent

PZ Cussons says 9-month profit up 32 percent

PZ Cussons said on Tuesday its nine-month pretax profit climbed to N5.17 billion, up 32.3…

Diageo in $1.9 billion bid to raise stake in India’s United Spirits

Diageo in $1.9 billion bid to raise stake in India’s United Spirits

London-based Diageo Plc on Tuesday relaunched a bid to increase its stake in India’s United…

Intelligence

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…

The wasteful budget culture

The wasteful budget culture

Over the years, annual budgets have not positively impacted the lives of Nigerian citizens. While…

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 relatively conservative environment, but with the climate change phenomenon and high energy cost, nothing could be more desirable now. A green building is a structure…

Brands & Advertising

Forecast

Weather for Lagos Nigeria
Today Thursday Friday
It is forcast to be Chance of Rain at 10:00 PM WAT on April 16, 2014
Chance of Rain
33°/24°
It is forcast to be Chance of Rain at 10:00 PM WAT on April 17, 2014
Chance of Rain
32°/26°
It is forcast to be Mostly Cloudy at 10:00 PM WAT on April 18, 2014
Mostly Cloudy
34°/26°
hawthorn