The Nigerian megacity of Lagos, with its 20 million inhabitants, is the biggest in sub-Saharan Africa and is celebrating its 50th anniversary. But how do those who have made their name in Lagos envisage the city in 50 years’ time? – Leye Adenle – Leye Adenle was born in Nigeria in 1975. His first book, […]
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To improve trade ties with the United States (US), Nigeria will continue to seek potential and greater areas of cooperation with the Corporate Council on Africa (CCA), Acting President Yemi Osinbajo has said. He spoke when CCA President and CEO Ms. Florizelle Liser visited him at the State House, Abuja, during her maiden trip to […]
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The assertion of capital inadequacy amongst Nigerian banks by an international financial rating agency that most Nigerian banks are now undercapitalised following the persistent macroeconomic and currency challenges that characterized their operations since 2015, may have ensued on the heels of claims . Amidst mixed results in the full year 2016 and first quarter 2017 […]
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The Nigerian Government has made budgetary provisions to provide a more aggressive funding of the power sector. Special Adviser to the President on Economic Matters, Office of the Vice President, Dr. Adeyemi Dipeolu, revealed this at an interactive forum with business journalists in Abuja, weekend. He said Power Generation Companies, GenCos, had achieved about 12,000 megawatts […]
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Donald Kaberuka, former president of the African Development Bank (AfDB), says once Nigeria can get a single exchange rate in place, the nation’s economy will adjust. Fielding questions from TheCable, at the World Bank, IMF meetings in Washington, Kaberuka said Nigeria could do a lot with oil at $40 a barrel. When asked what Nigeria, […]
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The divestment of Dangote Flour Mill Plc from its noodles business will result in more value accretion to its shareholders, operators in the Nigerian capital market have said. According to them, selling the noodles business will allow the company to concentrate on the pasta and flour businesses where it has efficiency and competitive advantage. Dangote Flourmills […]
Read MoreWhat is Infinity? Infinity is that thing that goes on forever, she says. Watch above video.
Read MoreThe numbers at the bottom of plastic bottles are RIC symbols. Ever wonder what those small numbers on the bottom of your plastic bottles and takeout containers mean? They’re called Resin Identification Codes. This is what the numbers on the bottom of your plastic bottles mean pic.twitter.com/1au4YhKOX6 — Business Insider (@businessinsider) April 3, 2017 BI
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In a growing number of states, high school graduates are being required to know at least as much about U.S. founding documents as immigrants passing the citizenship test. Can you ace it? An applicant must correctly answer six out of 10 questions, selected from 100 possible questions, to pass the civics portion. A sample test, […]
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Access to energy is necessary to meet people’s basic needs: to grow, distribute and cook food, to light homes, and to power machines and technologies. It is also a key requirement for agriculture, commerce and industry and the provision of public services, such as education or health. But more than one billion people, or one […]
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There are fresh indications as to why Diageo Plc, the parent company of Guinness Nigeria Plc, failed in its bid to increase its share capital in the brewery giant. It may be recalled that Diageo had in mid September 2015 announced its intention to make an offer through its wholly owned subsidiary, Guinness Overseas Limited […]
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Let me seize this opportunity to bid our President, Muhammadu Buhari, welcome back from his medical trip to the United Kingdom. I am happy he is back on his feet instead of lying inside a life support machine even dead as earlier rumoured. We Christians are taught to forgive our transgressors and pray for our enemies. […]
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