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  • Earnings Forecast: Dangote Cement Forecasts N 69 billion Q1 Revenue, Predicts PAT Increase of 41%

    Dangote Cement has disclosed to the Nigerian Stock Exchange its revenue forecast for the first quarter of 2012 (Q1, 2012). The largest cement manufacturer in sub-Saharan Africa is poised to earn N 69.16 billion, an improvement of...

    • Posted January 4, 2012
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  • Qatar’s Police Force Uses Porsche Panamera to Hunt Down Bad Guys

    Whilst the Nigerian Police Force is struggling to acquire a fleet of Toyota Hilux that can rival the average construction company’s, another oil producing country that has prudently managed its resources over time has acquired a fleet...

    • Posted January 4, 2012
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  • Lafarge appoints new CEO, Joe Hudson

    Lafarge has notified The Exchange of the appointment of Mr. Joseph Hudson as the new Managing Director / CEO of the Company, following the resignation of Mr. Samy Abdelkader.  Mr. Abdelkader resigned his appointment with effect from...

    • Posted January 4, 2012
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  • Fuel Subsidy Removal Poll: Vote Here http://twtpoll.com/3vdyst

    What’s your take on the fuel subsidy removal? Vote here and leave a comment.

    • Posted January 4, 2012
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  • NIMASA Accuses Shell of Cover-up as Oil Major Reports Fresh New Spill

    The Nigerian Maritime Administration and Safety Agency (NIMASA) has rebuked Shell for not taking full responsibility for the colossal oil spill, at its Bonga facility, the multinational oil major reported late December. Shell had earlier released statements...

    • Posted January 4, 2012
    • 1
  • GLOBAL ECONOMIC SHIFT: PROPHECY FORETOLD

    A decade ago before the New Millenium, Two Great Christian Leaders namely Pastor Rick Joyner renowned American Intercessor, writer, Leader and teacher and Dr Uduak Udofia well known Global Intercessor, Leader, and Prophetic voice in Africa and...

    • Posted January 4, 2012
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  • Nigerians protest Fuel Hike as “Mother of All protests” Planned in Coming Days

    Hundreds of angry Lagosians took their protests to the streets today, condemning the removal of fuel subsidy by what they termed a “wicked” “callous” and insensitive government. Protests were led by the Joint Action Front and took...

    • Posted January 3, 2012
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  • Fed Govt signs N424b plant deal with Global Biofuels

    THE Federal Government  and Global Biofuels Limited, an indigenous bio-fuel producer,  have signed a Memorandum of Understanding (MoU) for the construction of 15 integrated bio-fuel plants in Nigeria worth N424billion. The project is expected to generate 450megawatts of...

    • Posted January 3, 2012
    • 1
  • 2012 Predictions, don’t bet on them

    It is often traditional for commentators at the end of the year to make predictions about the coming year. Since I was not born with the gift of prophecy and cannot see the future, I started a...

    • Posted January 3, 2012
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  • Have You Lost Your Job? How to Survive the Storm in a Tough Economy

    On September 20, 2010, the United States of America’s National Bureau of Economic Research announced the recession ended in June 2009. However, the Organization for Economic Cooperation and Development stated the unemployment will remain above “the pre-crisis...

    • Posted January 3, 2012
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  • Bonga Oil Spill: Shell May have compromised Senate Committee, Media

    A senate committee led by Bukola Saraki, investigating the oil spilled by Shell off the coast of Nigeria at its Bonga facility, has praised Shell for its prompt efforts to checkmate the spill and avert any environmental...

    • Posted January 2, 2012
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  • Nigeria Banking Sector Outlook for 2012 by GTBank

    Nigeria Banking Sector Outlook for 2012 FG plans to spend N4.75Trillion in 2012 (up 6% from 2011) FG budget premised on average daily production of 2.48mbpd and an average price of USD70/barrel. Slight exchange rate devaluation expected....

    • Posted January 2, 2012
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  • Ondo Green-lighted to Seek N 27 Billion from Capital Markets

    The Ondo state government has been greenlighted by the regulatory bodies to approach the capital market with phase 1 of its bond issuance program which seeks to raise n 27 Billion as a first tranche. The state...

    • Posted January 2, 2012
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  • Subsidizing Transport for the Poor: An Initiative by Ben Bruce

    A good plan is only as important as the willingness to execute it. Since Independence in 1960, successive administrations have paid little attention to the poor. Government has played the role of Robin Hood, unfortunately though in...

    • Posted January 2, 2012
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