All posts by BusinessNews Staff
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Apapa gridlock: Fashola raises hope with transportation of fuel by rail under Buhari
Some rays of hope came yesterday on the perennial gridlock that continues to shut down Apapa, as Governor Babatunde Fashola of Lagos hinted of plans to transport petroleum products by rail under the incoming Federal Government to...
- Posted May 10, 2015
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Bond yields seen falling at auction
The yields on Nigerian Treasury bonds are expected to fall at a primary auction due to a lower supply, while the yields of Kenyan Treasuries could head higher due to the central bank’s tightening stance in the...
- Posted May 10, 2015
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Court orders Ecobank to pay former staff N8.5m for wrongful dismissal
The National Industrial Court, Abuja, on Friday ordered Ecobank Plc to pay Mr Uche Abrah , the sum of N8.5 million as his cumulative salary arrears and gratuity from 2006 to 2014. The court made the order...
- Posted May 9, 2015
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First Deepwater vs Ecobank: DMO kicks against contempt charge .
The debt recovery saga involving Ecobank Nigeria Limited and First Deep Water Discovery Limited is far from over. On Tuesday, Ecobank Nigeria Limited accused the Director General of the Debt Management Office, DMO, Mr. Abraham Nwankwo, of...
- Posted May 9, 2015
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Terragon Group partners LBS on Digital Research
The digital industry in Africa has witnessed tremendous growth over the past couple of years. Within this same period, the industry has witnessed a dearth of relevant Research reports within the region, which should help foster new...
- Posted May 8, 2015
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Strong Corporate Governance Structures Critical in the Current Low-Price Environment – FBN Capital
According to FBN Capital Limited, strong corporate governance structures are critical to attracting funding for Oil and Gas development in the prevailing low-price environment. Rolake Akinkugbe, the Head of Energy and Natural Resources at FBN Capital made...
- Posted May 8, 2015
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House of The Week: An Exquisite 7 Bedroom House For Sale at Asokoro, Abuja
This week, our featured house is a tastefully finished 7 bedroom house for sale at Asokoro, Abuja. This property has 7 bedrooms, 7 bathrooms, 2 dining areas and 3 lounges. To take care of guest accommodation needs,...
- Posted May 8, 2015
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Nigerian stocks offer re-entry opportunity for bargain hunters
The Nigerian stock market may have witnessed some sort of sell-off recently but it could only be offering another opportunity for bargain hunters to re-enter the market for value stocks that are currently priced below their actual...
- Posted May 8, 2015
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MNM Shipping Line opens new business frontiers for W/African market
MNM African Shipping Line, the first privately-owned shipping line in Africa, which recently commenced operations, has opened new business frontiers for countries in West African region by connecting them directly with new destinations. The new shipping line,...
- Posted May 8, 2015
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Dubai event spotlights immense potential of $80bn African aviation market
Aviation in Africa currently supports more than 6.9 million jobs and over $800 billion in GDP across African nations. But this is nothing compared with what it can become. Annually, a further 155,000 jobs and $1.3 billion...
- Posted May 8, 2015