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UBA succumbs to regulatory headwinds as H1 profit down 19.57%

UBA succumbs to regulatory headwinds as H1 profit down 19.57%

The regulatory headwinds from Central Bank of Nigeria (CBN) tightening policy combined with induced costs,…

Regency Alliance gross written premium up 38% to N3.2bn

Regency Alliance gross written premium up 38% to N3.2bn

Underwriting firm, Regency Alliance plc, during the 2013 financial year recorded a 38 percent growth…

UNICEM’s N84bn cement plant to begin production 2016

UNICEM’s N84bn cement plant to begin production 2016

As part of its investment drive in the cement manufacturing sector of the nation’s economy,…

SON partners UNDP to boost energy saving appliances

SON partners UNDP to boost energy saving appliances

The Standards Organisation of Nigeria (SON), in collaboration with the United Nations Development Programme (UNDP),…

Bulls fleeing natural gas as Goldman sees further decline

Bulls fleeing natural gas as Goldman sees further decline

Speculators are fleeing natural gas after prices dropped below $4 for the first time since…

FUG Pensions positions for market competition, contributor value

FUG Pensions positions for market competition, contributor value

Future Unity Glanvills (FUG) Pensions Limited is positioning itself as a market leader in the…

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Multimedia

BD Cartoons

“I say, you saw to it that, that saw saws” “HEHEHE You saw it first, so it’s your saw”…

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

Nigeria leads as sub-Saharan Africa bond issuance surpasses last year’s levels

Bond issuance volumes from sub-Saharan African have already surpassed last year’s levels with the promise of more to come and Nigeria leading the trend of corporate issuance. African issuance has dominated CEEMEA supply over the past month, with at least three more transactions possible over the coming next couple of weeks. African and African-related issuers…

Nigeria leads as sub-Saharan Africa bond issuance surpasses last year’s levels

Huawei to spend N80m on technology development

Huawei, Chinese technology company, says it will invest N80 million in the country’s Information and Communication Technology industry for develop skills of young Nigerians. The company made this known during the 2014 Nelson Mandela International Day event in Abuja. The company said that N4 million from the sum would be provided to the Nelson Mandela…

Huawei to spend N80m on technology development

Columnists

Markets

Zenith Bank welcomes Ovia back with N57.85bn profit before tax

Zenith Bank welcomes Ovia back with N57.85bn profit before tax

On assumption of office as new chairman of Zenith Bank plc, last week, Jim Ovia was greeted with N57.85 billion profit before tax (PBT) in the first half year result of the bank. The PBT of the bank rose by…

CIBN to central bank, ‘well done’

CIBN to central bank, ‘well done’

It is a ‘well done’ to the Central Bank of Nigeria (CBN) by the Chartered…

Repositioning institutions in Lagos with super-structures, upscale facilities

Repositioning institutions in Lagos with super-structures, upscale facilities

Though its complex nature tends to diminish efforts at building a model state befitting its…

Why investors avoid parking space devt despite huge opportunities

Why investors avoid parking space devt despite huge opportunities

In spite of the huge opportunities in the parking space business in Lagos— Nigeria’s commercial…

Intelligence

‘Africa is final frontier for graduate management education’

‘Africa is final frontier for graduate management education’

Ron Sibert, Africa business development director, Graduate Management Admission Council (GMAC), in this chat with…

Funding of Education

Funding of Education

The fact that education costs money can hardly be denied. Quality Education requires quality infrastructure,…

Nigeria’s large working age population to drive economic growth

Nigeria’s large working age population to drive economic growth

Nigeria has been identified as one developing economy where a large and growing working age…

How to become an IT analyst

How to become an IT analyst

Career Definition An IT analyst, also called a systems analyst, designs and implements information systems that optimize organizational efficiency. The process begins with managers, who provide the IT analyst with a broad objective, like capturing marketing research data. The IT…

Brands & Advertising

Forecast

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