Don't Miss


Latest News

  • Nnaji’s Aba Power Plant to Begin Operation in Q1, 2013

      Geometric Power’s Aba Power Plant is slated to begin operations in the first quarter of 2013 with sources close to the project stating it will be operational either in January or February next year. The company...

    • Posted October 16, 2012
    • 0
  • Federal Court Denies Capital Oil Boss, Ifeanyi Uba, Others, Bail

      Embattled CEO of Capital Oil and Gas, Ifeanyi Ubah, has again been denied a bail application by a Federal High Court sitting in Lagos. The denial was also denied some of his company’s senior executives namely Nsikan...

    • Posted October 16, 2012
    • 0
  • A $25 Million Watch Collection

    Milan banker Alfredo Paramico has devoted more than a decade to acquiring 10 rare Patek Philippe watches, and his assemblage now ranks as one of the top 10 worldwide, worth about $25,000,000 (20,000,000 euro). Here, a reference...

    • Posted October 15, 2012
    • 0
  • Nigerian Stock Exchange Watch: ASI (-0.77%) Sheds Weight as YTD Performace Hovers at +30%

      The All Share Index shed 77 basis points in today’s trading as it commenced the week on a bearish note. As expected, the selling pressure on Diamond which started towards the tail end of the previous...

    • Posted October 15, 2012
    • 0
  • Dangote: Poor half-year result ploy to buy out minority shareholders, say brokers

    Investment managers say the latest poor half year (H1) result for June ending 2012 by Dangote Flour Mill Plc (DFM) may have been manipulated to cause price decline and make it less attractive to investors. According to...

    • Posted October 15, 2012
    • 0
  • Zenith redeploys GM, Human Resources for opposing gale of sack

    Zenith Bank Plc last Thursday flung the General Manager, Human Resources of the bank, Mrs. Obi Ibekwe, to Coker Zonal office to head marketing operations, a move that left staff of the bank bewildered. The redeployment, which...

    • Posted October 15, 2012
    • 1
  • Matilda Orhewere: The Future Of New Businesses In Nigeria

    The trend these days is that people get blamed for trusting people they have never done business with before especially when the business fails. The generation of people who did business on the basis of trust is...

    • Posted October 15, 2012
    • 3
  • Ottoabasi Abasiekong: To Regulate Or Not

    The Banking systems and the capital market the key engines of the free market economy have in various Nations that has embraced the Capitalist economy ideals proven to be powerful purveyors of the economic dimensions that they...

    • Posted October 15, 2012
    • 0
  • AsktheLawyerOnline Founder, Aronke Omame, Talks Digital Law Libraries

      The legal profession in Nigeria is viewed as one of the most prestigious career paths; however it is very traditional in practice.  The internet is a modern platform and departs from the norm. What was the...

    • Posted October 15, 2012
    • 1
  • Ijebu based NGO hands out N12bn to Women

      The Justice, Peace, and Development Commission (JPDC), a nongovernmental organisation wing of the Ijebu Catholic Dioceses has given out over N12bn spinning loans to 100,000 beneficiaries.   The Scheme, which has empowered about 100,000 beneficiaries, who...

    • Posted October 15, 2012
    • 0
  • Finance Minister Says Expect More Foreign Debts

    Nigeria’s foreign debt is swelling as the Federal Government plans to borrow more from international financing agencies to fund infrastructure development.   The Minister of Finance, Dr Ngozi Okonjo-Iweala made this disclosure in Tokyo yesterday, she said...

    • Posted October 15, 2012
    • 0
  • Law, Union & Rock Records 4% Growth in Premium Income

      Law Union and Rock Insurance Plc have confirmed a 4 per cent premium income increase, which translates to N4.20 billion made in 2011.   This was disclosed by the chairperson of the company, Princess Adenike Adeniran...

    • Posted October 15, 2012
    • 0
  • Minimum Wage: Labour Threatens Defaulting Governors

      Labour has advised Governors who are yet to implement the new national minimum wage of N18, 000 to do so or face the consequences.   The Nigeria Labour Congress (NLC) Deputy President Comrade Promise Adewusi said...

    • Posted October 15, 2012
    • 0
  • AMCON recoups over N800 billion from Debtors

      The Asset Management Corporation of Nigeria (AMCON) has recovered over N800 billion from blacklisted debtors, which analysts believe would go a long way to assure stability to the banking industry.   The AMCON MD, Mustapha Chike-Obi,...

    • Posted October 15, 2012
    • 0