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All posts by Afolabi Ogunde

  • Why I Am Leaving Goldman Sachs

    Greg Smith is resigning today as a Goldman Sachs executive director and head of the firm’s United States equity derivatives business in Europe, the Middle East and Africa. TODAY is my last day at Goldman Sachs. After...

    • Posted March 14, 2012
    • 1
  • Nigerian Breweries Sells N 230 billion Worth of Beer in 2011

    NIGERIAN Breweries Plc Group, comprising Nigerian Breweries Plc (NB Plc) and its recently acquired subsidiaries — Sona Systems Associates Business Management Limited and Life Breweries Company Limited, recorded an operating profit of N56.6 billion for the 2011...

    • Posted March 14, 2012
    • 0
  • Number plate: Transport unions seek policy reversal

    Transport unions in the country have resolved to write to the National Assembly for the cancellation of the new driving licence and number plate policy. They also crave for a return to the old order and want...

    • Posted March 14, 2012
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  • Glo Awards $ 6 Million Contract to Ceragon

    Ceragon Networks Ltd. has announced a new $6 million USD contract with Globacom Nigeria (Glo) for Ceragon’s high-capacity wireless backhaul solutions and professional services in Nigeria. Ceragon will manage the end-to-end deployment of its field-proven FibeAir IP-10 and Evolution IP...

    • Posted March 14, 2012
    • 0
  • Transcorp Opens N 1 Billion Fruit Juice Factory in Benue

    A leading conglomerate in Nigeria, Transcorp Plc, has launched a 26,500 metric tonnes per annum orange and mango juice concentrate factory in Benue state. The venture monikered Teragro is located at the Makurdi Industrial Layout area of...

    • Posted March 14, 2012
    • 0
  • After 30 Years, Lagos International Airport to Get Face-lift, Construction of New Terminal Underway

    After the blackout at the international wing of the Muritala Mohammed which lasted several hours on Sunday, the Federal Airports Authority of Nigeria (FAAN) has released a statement indicating that the occurrence was a one-off glitch that would not...

    • Posted March 14, 2012
    • 0
  • NSE CeO, Oscar Onyeama Incurs Wrath of Lawmakers, Summoned to Appear before House Committee “Unfailingly”

    The CEO of the Nigerian Stock Exchange (NSE), Oscar Onyeama has ruffled not a few feathers in the lower chamber of the House of Assembly. Onyeama incurred the wrath of the lawmakers when he declined to attend...

    • Posted March 14, 2012
    • 1
  • Pakistan’s Fatima Fertilizer Plans $1 Billion Africa Plant, Possibly in Nigeria

    Pakistan’s third-biggest maker of the farming ingredient, plans to build a new factory in Africa at an investment of about $1 billion to tap international markets. The company expects to finalize plans this year to set up...

    • Posted March 14, 2012
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  • Nigerian Stock Exchange Watch: ASI Boosted by Dangote Cement’s Gain

    The stock market appreciated further today based on gains from the market’s most capitalized equity, Dangote Cement. The All Share Index advanced by 0.65% to close at 21,227.98. The Banking sub-sector was predominantly bearish as selling pressure...

    • Posted March 13, 2012
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  • Drake Sells Miami Condominiums for 26% Profit

    Multi-platinum record selling rapper and singer Drake has sold two condominiums he purchased in January 2011 for a 26% profit. The condominiums are located in the Biscayne area of Miami, Florida. The musician seemed to be attached...

    • Posted March 13, 2012
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