Pharmaceutical company, Glaxosmith has reported its Q1 earnings for the period ended March 31st, 2012. The company made N 6.3 billion over the 3 months period in contrast to the N 4.9 billion it made over Q1,...

The Bears dominated the market today forcing the market to retreat 58 basis points as the All Share Index closed at 22,422.43. The banking sub-sector was entirely virtually in the red with the exception of Unity Bank...

From Ireland, Greece, United Kingdom, France to  Netherlands one thing is clear and that is the determination of the European citizens to resist their Government’s approach to adopting austerity measures that is impeding the growth prospects of...

Many important discoveries and inventions have changed the way things work in our world over the years but I don’t think any of them can compare to the Internet. Its impact on the lives of so many...

ADDIS ABABA, Ethiopia -(Dow Jones)- Countries in sub-Saharan Africa are expected to register economic growth of at least 5.5% in 2012, compared with 5% last year, driven by new resource exploitation and recovery from drought, the International...

The Minister of Works, Mike Onolememen, has disclosed that the World Bank and African development Bank has committed $ 467 million in debt financing for the rehabilitation and expansion of Nigeria’s road network. The minister disclosed this...

The government announced plans to increase the hike in electricity tariff months ago, yet Nigerians have not reacted the way they did to the fuel subsidy removal. Kicking against the policy however are elements of the Organized...

Toll booths are not just tools the Tinubu Lagos Industrial Governmentima Complex (TLIGC) uses to shore up its capital base. They can also be information and communication technology tools our security apparatus may utilize to counter the...

The Minister of Power, Barth Nnaji, has said that major industrial cities in Nigeria will enjoy sustainable uninterrupted power by 2013. He made the disclosure whilst speaking at a workshop titled ‘Enhancing the productivity of Nigeria’s Industries’...

The Nigerian Stock Exchange dipped in today’s trading shedding 0.31% on the back of a bearish outing by the highly capitalized participants. Names such as First Bank (-1.77%), Zenith (-0.27%), Nigerian Breweries (-0.01%), and Dangote Cement (0.00%)...