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National Lottery Commission generates N5bn in 10 years …… VANGUARD

October 31, 2015 Omoniyi Osadare 0

The National Lottery Regulatory Commission (NLRC) says it has remitted over N5 billion to the National Lottery Trust Fund (NLTF) in the past 10 years of its operation for execution of people oriented projects.  The […]

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Business

A nefarious calumny! By Donu Kogbara

October 30, 2015 Omoniyi Osadare 0

Stanbic IBTC Holdings came under attack this week from the Financial Reporting Council of Nigeria, FRCN, which has made several inaccurate and unfair allegations against a respected organisation that was founded by Mr Atedo Peterside, […]

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Aviation

Arik Air increases frequency on Lagos, Douala route

October 27, 2015 Omoniyi Osadare 0

Arik Air, West and Central Africa’s largest airline, has increased frequency on the Lagos to Douala via Cotonou route from four to six weekly flights. The new schedule which took effect on October 11, 2015 […]

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Business

Dangote refinery begins operation in 2018 …… NATION

October 25, 2015 Omoniyi Osadare 0

Dangote Refining and Petrochemical Plant will begin operation in 2018. The plant has a refining capacity of 650,000 barrels per day (bpd), production of 750,000 metric tonnes of polypropylene per year and 2.8 million tonnes […]

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Business

Nigeria’s cassava export poor, says AfDB ……. NATION

October 20, 2015 Omoniyi Osadare 0

Despite producing 50 per cent of the world’s cassava, Nigeria exports less than one per cent of its produce, the African Development Bank (AfDB) has said. The bank said Nigeria produced 53 million tons of […]

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Business

Economic slowdown: Insurers worry as income from premiums nosedives ….. VANGUARD

October 19, 2015 Omoniyi Osadare 0

Insurers are apprehensive that the industry will suffer significant drop in premium income this year owing to the slowdown in economic activities occasioned by the slide in crude oil prices and Naira depreciation. The growth of […]

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Business

The audacity of Dangote By Funke Egbemode

October 18, 2015 Omoniyi Osadare 0

THOUGH my back was hurting and my eyes were smarting, I was feeling cool, proud, as I watched the richest African on planet earth, because he is a Nigerian. Because he is Aliko Dangote, a […]

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Business

Nigeria’s Igho Sanomi named Africa’s number one Under-40 business leader again ….. PREMIUM TIMES

October 18, 2015 Omoniyi Osadare 0

One of Nigeria’s most versatile young businessmen, Igho Sanomi, has again emerged tops in the latest ranking of the top 100 young economic leaders of Africa, the Institut Choiseul for international Politics and Geo-economics has […]

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Business

Revealed: The de-licensed stockbrokers …… VANGUARD

October 13, 2015 Omoniyi Osadare 0

AT the close of business on Wednesday September 30th, 3015, some stockbrokers and other capital market operators lost their licence to operate in the market. This was due to their inability to comply with the […]

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Business

It’s time to build a second income stream By Kenneth Doghudje

October 2, 2015 Omoniyi Osadare 0

With falling currency values, huge drops in oil prices, global recession and numerous economic crises predicted on the horizon no individual can survive or even thrive on one income stream. The time has come to […]

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Business

Lagos trade fare hold simultaneously at three different venues …. VANGUARD

September 29, 2015 Omoniyi Osadare 0

The Lagos Chamber of Commerce and Industry, LCCI, yesterday, said the 2015 Lagos International Trade Fair, LITF, will, for the first time ever, hold simultaneously at three different venues. The Chairman, Trade Promotion Board of […]

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Business

Truck drivers protest against restriction ….. VANGUARD

September 18, 2015 Omoniyi Osadare 0

Activities at the Vanguard Media Limited were almost paralysed yesterday as aggrieved container drivers operating around Tin-Can area in Lagos marched to Vanguard office, Apapa carrying leaves and placards calling on Lagos State governor, Mr. […]

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Business

Court validates BGL’s ‘sack’ from capital market ….. NATION

September 18, 2015 Omoniyi Osadare 0

The Federal High Court in Lagos yesterday validated the suspension of BGL Group from the capital market by the Securities and Exchange Commission (SEC). Justice Mohammed Yunusa nullified an interim injunction barring SEC from expelling […]

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Business

Be part of your money and you will make more money …… BUSINESSDAY

September 11, 2015 Omoniyi Osadare 0

You probably already know how to work to bring in money, but you only have half the equation unless you’re taking these steps to make your money work for you. You don’t have to be […]

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Business

Rights Issue suspension: Stanbic IBTC to engage regulatory authorities ….. VANGUARD

September 10, 2015 Omoniyi Osadare 0

Stanbic IBTC Holdings Plc has pledged to engage the relevant regulatory agencies undertaking enquiries into its account to ensure that issues leading to the suspension of its planned rights issue by the Securities and Exchange […]

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Business

SIM validation: Telcos battle to regain deactivated customers …. NEW TELEGRAPH

September 7, 2015 Omoniyi Osadare 0

Following the massive deactivation of over 37 million subscribers on their networks, telecoms operators have begun a struggle to quickly re-register the affected customers to retain them on their respective networks. The development is coming […]

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Business

7 reasons your neighbours have more money than you …. BUSINESSDAY

September 4, 2015 Omoniyi Osadare 0

You look out the window of your home each night after dinner, staring across the street at your neighbours. You long for their fancy cars, their manicured lawns, and even the vacations they seem to […]

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Business

Roaming rates tumble as GSM firms intensify rivalry ….. BUSINESSDAY

September 4, 2015 Omoniyi Osadare 0

Nigerian business executives and other frequent travellers now can save substantially on their GSM roaming bills as intense competition among the telecommunications firms force down charges across the board. Some analysts said yesterday that the […]

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Business

Omotoso: boardroom impresario turns 70‏ BY TOLA ADENIYI.

August 27, 2015 jimidisu 1

The story of Sir Oluremi Festus Omotoso MFR, KJW is both inspirational and exciting. Born 70 years at Ayedun Ekiti, Remi did not find a silver spoon in his mouth while being nurtured as a […]

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Aviation

Arrest of Arik Air Cabin Crew Member In London

August 25, 2015 Omoniyi Osadare 0

A member of Arik Air cabin crew was on Monday night arrested at Heathrow Airport London by the UK Border Force in connection with alleged possession of items suspected to be banned substances. The airline […]

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