Latest News
-
The Makings Of A Greek Tragedy
Just days after European leaders agreed on a bailout plan that would mitigate the devastating impact of a sovereign debt default by Greece, the Prime Minister of Greece shocked world leaders and market analysts by announcing he...
- Posted November 3, 2011
-
Roman Abramovich’s Testimony Shows How Crazy Business Was In Russia
The court case between oligarches Boris Berezovsky and Roman Abramovich is worth watching for a number of reasons. Firstly, at $6.5 billion, the lawsuit is the biggest personal suit in history. Secondly, despite concerning events that took palce over ten years ago...
- Posted November 3, 2011
-
CHIVITA-Proudly Nigerian brand!
Chivita has stood firmly in spite of the uncertainties in Nigeria’s marketplace. In the process it has built a formidable brand that is of huge delight to the public. It is a fruit juice brand owned by...
- Posted November 3, 2011
-
Nigeria and The Global Tourism Opportunity
Global travel is longer the exclusive preserve of the rich. Harvard Business Review in one of their recent editions revealed that ‘over the next decades, hundreds of millions of new entrants to the middle class will want...
- Posted November 3, 2011
-
Value of Naira Improves on the interbank market
The naira has improved its value when compared to the U.S dollar on the interbank market as of yesterday, after the Central Bank of Nigeria, CBN, and some oil firms sold the dollar directly to lenders to...
- Posted November 3, 2011
-
Fuel Subsidy Controversy Settled between FG and States
The fuel subsidy controversy by the Nigerian National Petroleum Corporation and the other stake holders of the petroleum industry in Nigeria has been brought to an end yesterday. The Federation Accounts Allocation Committee distributed N611.45bn among the three tiers of...
- Posted November 3, 2011
-
MANAGER ABSCONDS AFTER FRAUD IN EKITI STATE UNIVERSITY
A manager of the university branch of the United Bank of Africa (UBA), Dipo Ajala has absconded after his alleged involvement in a fraud in Ekiti State University, Ado-Ekiti (EKSU). The university is now on the issue...
- Posted November 3, 2011
-
NNPC owes Federation Account N862b -NEITTI
The Nigerian National Petroleum Corporation (NNPC) owed the Federation Account N862billion between 2004 and 2008, the Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Mrs. Zainab Ahmed, has said. But the NNPC denied this, saying that the figure...
- Posted November 3, 2011
-
ConOil Posts Huge 3Q Numbers, Revenue Up 85.6%
ConOil a leading indigenous player in the oil and gas sector is having a very productive year. According to their 3Q numbers, turnover is up 85.6% to N 120 Billion from only N 64 Billion a year...
- Posted November 3, 2011
-
Mobil’s 3Q Earnings Incite Slumber
Mobil Nigeria, the downstream arm of Mobil in Nigeria released its 3Q earnings today. Turnover was down marginally to N 44.9 Billion from N 45. 2 Billion over the same period last year. The firm managed to...
- Posted November 2, 2011
-
Dangote Cement 3Q Results: Net Income Mushrooms Up N 92 Billion
Dangote Cement, behemoth of the African building materials sector released its 3Q unaudited financial statements to the Nigerian Stock Exchange today. Turnover was up 19% to N 173.83 Billion from N 146.56 Billion at the end of...
- Posted November 2, 2011
-
NFF picks Stephen Keshi
The Technical Committee of the Nigerian Football Federation has confirmed Stephen Keshi as the next coach of Nigeria, but only on an interim basis. After Samson Siasia’s dramatic sack last week, the Technical Committee was given the...
- Posted November 2, 2011
-
LIBYA AND LEADERSHIP LESSONS FOR NIGERIA
Gaddafi rode on Libya’s leadership stool with such presence like an iroko for over four decades. He shone like the beautiful stars of the skies from the beginning and became larger than life. But the way he...
- Posted November 2, 2011
-
Innovate: Derick Martin, transforming students eating habit
How I Did It: Innovate: Derick Martin He is the co-founder of the school meals catering company on transforming student eating habits and reaching the £18m mark in three years. Jamie Oliver may have brought the debate...
- Posted November 2, 2011