All posts tagged "featured"
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Ashaka Cement Books N1.26 billion in Q1, 2012 Result
Ashaka Cement transmitted its Q1, 2012 earnings to the Nigerian Stock Exchange yesterday. The Gombe based cement manufacturer posted a revenue of N6.2 billion, up 25% from the N4.9 billion it made in Q1, 2011. Additional income...
- Posted September 21, 2012
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JP Morgan Fuels Optimism for Nigerian Bond Market
Nigeria’s bond market is taking off as the world’s biggest underwriter of emerging-market debt adds securities from Africa’s largest oil producer to its benchmark index. Yields on 10-year naira-denominated notes have dropped 372 basis points since Aug....
- Posted September 21, 2012
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Aviation Minister, Stella Oduah, Accused of Grand Corruption by Arik
Whatsoever a man soweth, that will he reap, says the ancient biblical proverb. According to allegations brought forward by Arik Airlines management, the minister of Aviation may not be privy to the ancient text. The minister of...
- Posted September 21, 2012
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Honeywell Flour’s Earnings Top N10.7 billion in Q1, 2012 Result
Honeywell flour transmitted its Q1, 2012 result to the floor of the Nigerian Stock Exchange earlier this week. The company reported headline revenue of N10.7 billion, up 15% from N9.3 billion recorded over the first quarter of...
- Posted September 21, 2012
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“Information Technology, a panacea to Bank Fraud in Nigeria” – CBN Director
The Central Bank of Nigeria (CBN) has made available an insight into how banks can prevent fraudulent practices, by means of the information and technology (IT) methods. CBN Director, Banking regulation, Mrs Olatokunbo Martins, who spoke on...
- Posted September 20, 2012
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Fuel depot owners warn federal government as NIMASA, Intergrated Oil feud lingers
The Jetties and Petroleum Tank Farm Owners of Nigeria (JEPTFON) has advised the Federal Government of Nigeria to swiftly determine the persistent dispute between the Nigerian Maritime Administration and Safety Agency (NIMASA) and Integrated Oil and Gas...
- Posted September 20, 2012
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Oil Drops a Fourth Day on China Manufacturing, Rising Stockpiles
Oil dropped for a fourth day in New York after a Chinese-manufacturing gauge contracted and U.S. data showed stockpiles climbed the most since March, signaling an easing of fuel demand in the world’s biggest crude users. Futures fell as...
- Posted September 20, 2012
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Air Nigeria Refuses to Refund Customers
According to News Agency of Nigeria, some of the customers said the management of the airline is yet to refund their money and that they were asked to contact the head office of the airline in Lagos....
- Posted September 20, 2012
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Microsoft Nigeria gives partners a closer look at Office 365
Microsoft Nigeria gave partners a closer look at Microsoft Office 365, the company’s next-generation cloud productivity service for businesses of all sizes in Nigeria, at an event held at its offices in Lagos today. Office 365 was...
- Posted September 20, 2012
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No Going Back on N5000 Note – FG
The Federal Minister of Information, Labran Maku, has said that the Federal Government would not be rescinding its decision on the currency restructuring policy which includes the controversial issuance of the N5000 note. Minister of Information, Mr...
- Posted September 20, 2012