All posts by Afolabi Ogunde

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  Astonishing N190m nine-bedroom mansion for sale in Jericho GRA, Ibadan

  A stunning 9 bedroom mansion in Jericho G.R.A, Ibadan has come up for sale for a wallet-busting N190million. This excellently designed home is set on a large compound which is neatly finished with lovely flowers and interlocking...

  • Posted December 7, 2012
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  Nigeria Seeks $1.5 Billion From China for Rice, Cassava

  Nigeria is holding talks with the Export-Import Bank of China for a $1.5 billion loan to boost processing of rice and cassava in Africa’s most populous country, Agriculture Minister Akinwunmi Adesina said. The loan is being sought on “concessionary...

  • Posted December 7, 2012
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  Vetiva Plans Exhcange Traded Fund

  Vetiva, a financial services company offering boutique investment banking, brokeraging, trusteeship and other bespoke financial services has announced that it will set up an Exchange Traded Fund modeled after the NSE-30 index. The fund which will be...

  • Posted December 6, 2012
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  Bi-Courtney Lambasts EFCC for Storming Babalakin’s Hospital Ward

  Bi-Courtney Limited has faulted the storming of the Economic and Financial Crimes Commission (EFCC) into Babalakin’s Hospital Ward at the Lagos University Teaching Hospital, Idi Araba, Lagos. Bi-Courtney’s representative, Mr. Dipo Kehinde, in a statement said EFCC...

  • Posted December 6, 2012
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  Nigeria Stock Exchange Watch: ASI (+0.2%) Gains as GTBank (+4.11%), Retail Stocks Advance

  The Nigerian Stock Exchange ended in positive territory in today’s session as the All Share Index advanced 20 basis points. GTBank (+4.11%) led the banking sub sector and by extension the majority of the market. FBN Holding...

  • Posted December 5, 2012
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  $10 Billion ‘Hot Money’ Not Posing a Threat – Sanusi

  Nigeria’s financial system is not under threat from speculative investments valued at about $10 billion, Central Bank of Nigeria Governor Lamido Sanusi said. Nigeria would still have $36 billion in reserves if the investments left the country,...

  • Posted December 5, 2012
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  Banks Gain from Interest and Non Interest Surge

  The Banks in the Nigeria would be smiling and heaving a sigh of relief as the year rounds up following their recent posting of profits and earnings from the activities on the Interest and Non Interest  income...

  • Posted December 5, 2012
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  Nigeria Holds Talks With Shell, Exxon to Agree on Oil-Tax Reform

  The Federal Government is in talks with Royal Dutch Shell Plc, Exxon Mobil Corp., and other energy companies to reach an agreement on tax demands proposed in draft legislation. “There’s always the intent to try and strike a balance, particularly...

  • Posted December 5, 2012
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  Segun Oyebanji: Vice-President Sambo’s N2 billion Crib and Nigeria’s Housing Deficit

  Out of a proposed N50 billion 2013 budget for the Federal Capital Territory, Vice-President Sambo’s house is expected to gulp N2 billion. It is stated in the budget that the money is for the construction of an...

  • Posted December 5, 2012
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  Starcomms To Provide Mobile Broadband Data Service

  Capcom would be engaged in providing mobile broadband data services if their bid to buy over the assets and liabilities of distressed code division multiple access (CDMA) operator, Starcomms sails through, says the Capcom Chief Executive Officer,...

  • Posted December 4, 2012
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