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Nigerian Solicitor Exposes Shady Tax Deal Between HM Revenue and Goldman Sachs, Threatened with Sack
After having his identify exposed on Thursday when Parliamentary evidence was made public, the whistleblower who exposed that senior tax collectors let Goldman get away with not paying millions of pounds in tax penalties may be facing...
- Posted December 9, 2011
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Nigerian Foreign Reserves slip to lowest since November 9
Nigerian foreign reserves stood at $32.99 billion at December 2, its lowest since November 9, as the Central Bank of Nigeria (CBN) struggles to sustain stability in the domestic foreign exchange market, the apex bank’s data showed yesterday....
- Posted December 9, 2011
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Stanbic IBTC MD is the Highest Paid Director in Nigerian Banking Industry, GTBank Second
The highest paid director in the Nigerian banking industry is the Managing Director of Stanbic IBTC and she walks home with twice more pay than the second highest paid director of any Nigerian bank. This is contained...
- Posted December 9, 2011
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YOUWIN And The Fallacy Of The Businessplan
When I had begun to cheer federal government, I realized YOUWIN would be blighted by the factors that have been chasing Nigeria and foreign businesses to neighbouring countries. It is just that we have put the cart...
- Posted December 9, 2011
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Rethinking ASUU’s Strategy
ASUU’s strategy has always been this: it directs all its members in Federal and State universities to embark on total and indefinite strike at federal government breach of the union’s agreements. These strikes mean: no teaching, no...
- Posted December 9, 2011
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Earnings Watch: Bagco Releases Refreshing 1st quarter 2012 Results
Nigerian Bags Manufacturing Company Plc or Bagco Plc has announced its 1st quarter 2012 results on the Nigerian Stock Exchange. Turnover was up 25% to N 3.5 Billion from N 2.8 Billion over the same period last...
- Posted December 8, 2011
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Alcatel-Lucent Expands 100G Optical Networking Capability
Paris, December 6, 2011 – Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced a major advance to its global leadership in 100G optical networking by introducing a breakthrough in single-carrier coherent technology that will extend optical signals...
- Posted December 8, 2011
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Earnings Watch: Ikeja Hotel Plc Profit Slumps Over September Period
Ikeja Hotel Plc has released its third period results to the floor of the Nigerian Stock Exchange. The hospitality business leader reported a 10% nisedive in revenue, pegged at N 5 Billion for the period as opposed...
- Posted December 8, 2011
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Diamond Bank’s Staff Are The Best Paid in Nigerian Banking Industry
Diamond Bank’s staff are the best paid in the Nigerian banking industry. This is based on the proportion of their staff that receive an average salary of N4 million per annum, which is about the median pay...
- Posted December 8, 2011
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Chevron expects major investments in Nigeria, capital spending to hit $32.7B in 2012
Chevron Corp. said Wednesday it expects to spend $32.7 billion next year on energy exploration and investment next year, an increase over 2011. The oil giant expects to make major investments in projects in Australia, deep areas...
- Posted December 8, 2011














