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  • The Battle for lost grounds of Nigeria’s sovereign wealth

    In this maiden edition of ‘From our Economics Desk’, we take a look at one of the most topical issues in Nigeria – the Sovereign Wealth Fund (SWF). While political battles are being fought over the Fund’s...

    • Posted October 31, 2011
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  • Lagos to deliver more housing projects – Bosun Jeje

    Lagos State government is set to deliver more housing projects following the recent commissioning of Sir Otedola Housing Estate at Odoragunshin in Epe, to Ijaiye Housing Estate, Elegant Court in Ikota and Hon Rotimi Sotomiwa Estate in...

    • Posted October 31, 2011
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  • How UK Goverment drove out Arik Air from the Abuja-London Route – Arumemi-Ikhide

    Arik Air, one of Nigeria ’s flag carriers designated on the London route by the Federal Government has given graphic details of how the United Kingdom government, in a bid to protect its carriers, tactically drove it...

    • Posted October 29, 2011
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  • Google’s Big Video Push Is Here: YouTube Getting More Than 100 New Channels

    Google is launching more than 100 new YouTube channels with exclusive video content commissioned from media companies and celebrities. Providers with their own channels will include Thomson Reuters, the Wall Street Journal, Slate, comedy magazine The Onion, Jay-Z,  Ashton Kutcher, Deepak Chopra, Shaquille O’Neal (who will have a comedy channel),...

    • Posted October 29, 2011
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  • Globacom connects Babcock University to Glo1

    Telecom giant, Globacom has announced connection of  Babcock University to its international submarine cable, the Glo 1. Head of Glo 1 Enterprise Solutions, Folu Aderibigbe, said the connectivity would provide fast and reliable Internet services to the...

    • Posted October 29, 2011
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  • The Return of The Bulls, All Share Index Gains Big This Week

    The All Share Index has emerged the toast of investors this week appreciating for the fourth consecutive day as the exchange appreciated 1.44%, bringing the weekly performance to 3.19 and closing the Index at 20,903.16. Across the...

    • Posted October 28, 2011
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  • Earnings Flash: Stanbic IBTC 3Q Earnings Released

    Stanbic IBTC reported a 20.6% improvement in gross earnings which are N 49.5 Billion up from N 41.1 Billion at the close of Q3, 2010. Provisions for losses were up 211% to N 1.1 Billion from N...

    • Posted October 28, 2011
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  • Samsung Overtakes Apple as World’s Biggest Smartphone Seller

    Samsung Electronics Co. overtook Apple Inc. in the last quarter to become the world’s largest smartphone vendor amid a widening technology and legal battle between the two companies. Samsung shipped 27.8 million smartphones in the last quarter,...

    • Posted October 28, 2011
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  • Diamond Bank Posts Loss In 3Q Earnings Numbers

    Diamond Bank has reported a loss for the period ending September 2011 due to corporate restructuring exercises including making more funds available for potential debt defaulters. Earnings were up a marginal 1.9% to N 68 Billion from...

    • Posted October 28, 2011
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  • Earnings Flash: Ashaka Cement 3Q

    Ashaka Cement is a listed subsidiary of Lafarge Group –the world leader in building materials based in France and with operations across 78 countries. Ashaka Cement has released numbers that send mixed signals out to the market,...

    • Posted October 28, 2011
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