Latest News
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Transcorp eyes coal to power business
Transnational Corporation of Nigeria Plc (Transcorp) says it has entered into talks with some Canadian and Australian firms to begin investments in coal to power business and is hopeful to make progress on this project in coming...
- Posted May 13, 2015
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Gwarzo tasks FG on listing of MTN, Multi-Choice, others
The apex regulator of the Nigerian capital market, the Securities and Exchange Commission (SEC), has said government has a crucial role to play in ensuring that foreign companies with investments in Nigeria are listed on the floor...
- Posted May 13, 2015
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Coronation Capital report showcases changed structure of Nigerian economy
Nigeria’s economy has undergone remarkable evolution in the last 14 years as series of reforms were undertaken since 1999 which unlocked the dynamism that underpins Africa’s largest economy today. Data from a new research report titled, ‘The...
- Posted May 13, 2015
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Poor service looms as vandalism slows telcos’ N800bn expansion push
Nigeria may witness a fresh wave of poor quality service in the delivery of telecommunications services in coming months due to incessant vandalism of equipment and installation owned by mobile operators, an informed industry source has said....
- Posted May 13, 2015
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5 Lifehacks for successful job interview
Looking for a job you may find that virtually all HR staff to be hostile to you, and do not want someone to take the vacant post. Confirmation of this – it’s their skeptical views, hundreds of...
- Posted May 12, 2015
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Faulty scanners raise goods’ clearance costs at ports
In the past one month, there have been minimal clearing of containers at the Lagos ports. This has been attributed to the faulty scanners used for the examination of containers at the Apapa and Tin Can ports....
- Posted May 11, 2015
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CBN to relax naira trading rules
The Central Bank of Nigeria has started talks with banks and currency dealers on how to loosen foreign-exchange trading restrictions while still maintaining stability in the naira, people familiar with the discussions have said. It was leant...
- Posted May 11, 2015
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CitiBank promises more support for aviation sector
Citibank Nigeria Limited says it will increase its support for the aviation sector in order to speed up the growth of the industry. The United States-based lender said this was why it recently sponsored an aviation forum...
- Posted May 11, 2015
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How payment on delivery threatens e-commerce growth in Nigeria
Founder/CEO of Drinks.ng, Lanre Akinlagun has identified payment on delivery, prevalent among online retailers in Nigeria, as one of the greatest impediment to the growth of the sector. He disclosed this at a news conference to announce...
- Posted May 11, 2015
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Metal component manufacturing is a unique area of manufacturing — Jude Okpala
M r. Jude Okpala is the Managing Director/Chief Executive Officer of Lagos-based Cliché Limited, a metal component manufacturing company engaged in precision engineering, metal stamping and finishing. He has a first degree in Civil Engineering from West...
- Posted May 11, 2015
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Nigeria, Indonesia, Mexico to displace UK, France out of top 10 largest economies
Emerging economies of Nigeria, Indonesia and Mexico could push the UK and France out of the top ten economies of the world by 2050 provided they are able to build their institutions to global standards, diversify their...
- Posted May 11, 2015
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Skye Bank reiterates partnership with SMEs with N50m loan
To further enhance partnership with Small and Medium Enterprises (SMEs), Skye Bank plc has disbursed the sum of N50 million support loan under the Central Bank of Nigeria’s (CBN) MSME Intervention fund. According to a statement issued...
- Posted May 11, 2015
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Questions raised over FRC N1bn IFRS Academy fund
Questions are being asked as to the appropriateness of alleged keeping of N1 billion meant for International Financial Reporting Standards (IFRS) Academy in current accounts with some first tier banks by the Financial Reporting Council (FRC) contrary...
- Posted May 11, 2015
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Sterling Bank’s expansion plans on track – CFO
Despite current regulatory headwinds, Sterling Bank is on course on the expansion plans unveiled in 2013, and will proceed with the next phase of its growth strategy. Abubakar Suleiman, the bank’s chief financial officer (CFO)/executive director, disclosed...
- Posted May 11, 2015