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Nigeria’s rising consumer class

Nigeria’s rising consumer class

The growing size and strength of its consuming class is one of the most important…

FCMB records single-digit profit growth in H1

FCMB records single-digit profit growth in H1

FCMB Group plc, a Nigerian lender, recorded single-digit profit growth in half year (H1) 2014,…

Niger Insurance boosts bottom-line on review of business operations

Niger Insurance boosts bottom-line on review of business operations

Following review in business operations tilted towards enhanced speed and service delivery, underwriting firm, Niger…

Golden Sugar demonstrates resolve to rival competitors

Golden Sugar demonstrates resolve to rival competitors

Though Golden Sugar Company, a division of Flour Mills of Nigeria plc, commenced operations barely…

Accenture expands enterprise service with new acquisition

Accenture expands enterprise service with new acquisition

Accenture has acquired PureApps, a UK-based Enterprise Performance Management (EPM) provider that helps clients use…

MTN Nigeria partners NHIS to introduce Mobile Health Insurance Scheme

MTN Nigeria partners NHIS to introduce Mobile Health Insurance Scheme

MTN Nigeria has entered into a strategic partnership with the National Health Insurance Scheme (NHIS)…

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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

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