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Government lethargy and Nigeria’s underperforming oil sector

Government lethargy and Nigeria’s underperforming oil sector

Nigeria’s oil and gas sector which used to be the brightest spot in the economy,…

Nigerian economic expansion tops BRICs as reforms accelerate

Nigerian economic expansion tops BRICs as reforms accelerate

Nigeria’s economy expanded at a faster rate than the combined average for BRIC (Brazil, Russia,…

Household consumption data of N42.5 trillion confirms understated GDP

Household consumption data of N42.5 trillion confirms understated GDP

The National Bureau of Statistics (NBS) has released latest personal consumption figures for Nigeria, showing that consumption expenditure…

Libya Wealth Fund to entrust $11 billion to fund managers

Libya Wealth Fund to entrust $11 billion to fund managers

Abdulmagid Breish, the chairman of Libya’s $66 billion sovereign wealth fund, said it plans to…

Fidelity Bank aims to grow SME lending by 50 percent

Fidelity Bank aims to grow SME lending by 50 percent

Fidelity Bank Plc has said that it plans to increase its lending to small and…

Ecobank to issue debit MasterCard’s in Nigeria as electronic payments grow

Ecobank to issue debit MasterCard’s in Nigeria as electronic payments grow

Ecobank has announced a ten year partnership with MasterCard, for the issuance of debit cards…

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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

Total discovers oil in coast of Cote d’Ivoire

French oil group, Total, has announced the detection of oil in the deep water off the coast of Cote d’Ivoire. Total’s Senior Vice President, Exploration, Marc Blaizot, made the announcement in a statement made available to newsmen in Abidjan on Friday. He said that Total’s Sapphire-1XB exploration well on Block CI-514 proved the existence of…

Total discovers oil in coast of Cote d’Ivoire

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

  • European Development Financing in Africa
  • Fuel price deregulation in 2015
  • What wealthy Nigerians owe their nation (1)
  • Crying in Nyanya, a missing plane and a Sunken ship
  • Powering Nigeria’s rebased GDP

Markets

The builder’s choice: Blending colour with quality

The builder’s choice: Blending colour with quality

The market may be dull, but beyond the dullness, the builder has variety— an array of products to choose from. He also has colour, quality and aesthetics to play with. This is the shingles market, otherwise called the roofing materials…

Lekki Gardens: When luxury living becomes affordable

Lekki Gardens: When luxury living becomes affordable

Over the years, the term luxury and affordability have remained distant in several aspects as…

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…

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…

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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Forecast

Weather for Lagos Nigeria
Today Tuesday Wednesday
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on April 21, 2014
Chance of a Thunderstorm
32°/25°
It is forcast to be Chance of a Thunderstorm at 10:00 PM WAT on April 22, 2014
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It is forcast to be Partly Cloudy at 10:00 PM WAT on April 23, 2014
Partly Cloudy
32°/25°
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