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17 Apr 2015
In a bid to address the challenge of information dearth, boost capacity and facilitate access of exporters across the Africa continent to key European market sectors, the Africa Trade Fund (AfTra) has partner with the Centre for the Promotion of Imports from developing countries (CBI) to launch a market information platform.
17 Apr 2015
TRANSCORP Hotels has declared an assets base of N69 billion last year from N64 billion in , while total liability dropped to N17 billion from N21 billion in 2013.
17 Apr 2015
THE total volume of Eurobonds Africa issued in 2014 is said to have exceeded that of 2013, currently standing at over $15 billion.
17 Apr 2015
POISED to take Cross River State into the mainstream of business diversifying, the governor elect of the state, Professor Ben Ayade, has concluded plans with US investors to wipe out the state’s N123.9 billion total debt profile.
17 Apr 2015
TELECOMMUNICATIONS firm, Airtel Nigeria, appears to be in serious contention to reclaim its position as the second largest operator in Nigeria, a position Globacom has held closely in the last 13 months in the country.
16 Apr 2015
The merger of two companies that were once new technology stars but have since lost some of their lustre will produce a European champion able to take on Nokia's Swedish rival Ericsson or fierce Chinese competition.
16 Apr 2015
The FCMB Group Plc said that the company would ensure increased return on investment to all shareholders in 2015 financial year.
Patrick Akpobolokemi
16 Apr 2015
THE Nigerian Maritime Administration and Safety Agency (NIMASA) has extended the 2015 phase-out date for single hull tankers to December 31, 2020
16 Apr 2015
Hinging its position on five indicators observed by investors before investing in an economy, a recent report on ‘Africa’s cities of opportunity’ has ranked Lagos state the seventh city of opportunity in Africa, behind Accra, Ghana.
16 Apr 2015
THE effect of plummeting crude oil prices may have hit hard on the global economy, as the Organisation of Petroleum Exporting Countries (OPEC) yesterday declared that about 100,000 people have lost their jobs to the situation. Meanwhile, industry sources told The Guardian that about 21,000 people working across the oil and gas value chain have already got their employment terminated in Nigeria.
16 Apr 2015
EQUITY transactions on the trading floor of the Nigerian Stock Exchange yesterday continued on a downward note yesterday, following price losses suffered by major bluechip companies, as market capitalisation depreciates further by N26 billion.
16 Apr 2015
United Bank for Africa (UBA) Plc, has achieved a profit after tax of N17 billion in its unaudited 2015 first quarter (Q1) performance, against N12.6 billion posted in the corresponding period in 2014.

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