Companies

Companies

Oando Energy Resources wraps up acquisition of Medal Oil

BusinessDay Jul 18, 2014

Toronto-listed Oando Energy Resources Inc. (OER), a company focused on oil and gas exploration and production in Nigeria, has announced...

Companies

NDIC clarifies position on its liquidation powers

BusinessDay Jul 18, 2014

The Nigeria Deposit Insurance Corporation (NDIC) has denied some newspaper reports that the Corporation was seeking powers to liquidate insurance...

Companies

BoI earmarks N1bn for agro-based project in Oyo

BusinessDay Jul 18, 2014

The Bank of Industry (BoI) has earmarked N1 billion for the implementation of the Oyo Sate agro-based One Local government...

Companies

Rand eases as strike talks fail

BusinessDay Jul 18, 2014

The currency of Africa’s second largest economy weakened against the dollar on Wednesday, as a strike by 220,000 workers in...

Companies

Pomo' consumption hurting Nigeria's $3bn hides/skin industry

BusinessDay Jul 18, 2014

The massive consumption of cattle skin, commonly called ‘pomo’ or ‘kanda,’ in the country has been proven to be destroying...

Companies

Oyo/Osun customs rake in N6.67bn in six months

BusinessDay Jul 18, 2014

Oyo/Osun area command of Nigeria Customs Service (NCS) raked in N6.67 billion in the first six months of 2014. During...

Companies

NSIA gets transparent rating by Sovereign Wealth Institute

BusinessDay Jul 17, 2014

The Nigerian Sovereign Investment Authority (NSIA) has received improved rating as sovereign wealth fund (SWF) by Linaburg-Maduell transparency index administered...

Companies

NSIA gets transparent rating by Sovereign Wealth Institute

BusinessDay Jul 17, 2014

The Nigerian Sovereign Investment Authority (NSIA) has received improved rating as sovereign wealth fund (SWF) by Linaburg-Maduell transparency index administered...

Companies

Bresson AS Nigeria breaks ground on 90MW power plant

BusinessDay Jul 17, 2014

Bresson AS Nigeria Limited, a privately owned Nigerian company and one of the pioneer licensed independent power producers (IPPs) in...

Companies

Red Star Express earmarks N206m as dividend at AGM

BusinessDay Jul 17, 2014

Red Star Express plc, one of the leading logistics company in Nigeria, is set to hold its 21st annual general meeting...

Companies

DPR lauds indigenous role in oil industry development

BusinessDay Jul 17, 2014

The Department of Petroleum Resources (DPR) has lauded the giant strides made by West African Exhibitions and Conferences (WAECON) in...

Companies

Gold holds above one-month low as investors add SPDR holdings

BusinessDay Jul 17, 2014

Gold held above a one-month low on speculation the biggest decline this year may spur demand as holdings in the...

Companies

Zenith Bank, Virgin Atlantic promote entrepreneurship

BusinessDay Jul 17, 2014

Two of Nigeria’s brightest young entrepreneurs have had a business master class from Richard Branson, after winning a competition by...

Companies

HR Guide holds summit to deepen social media understanding

BusinessDay Jul 17, 2014

As HR Guide, a human resources publication and consultancy firm, holds its annual (third edition) summit tomorrow, with the theme ‘The...

Companies

Vono Product reverts to profitability on increased sales

BusinessDay Jul 16, 2014

Vono Product plc, a furniture and foam manufacturer, ended 2013 with growth at the top-line level buoyed by recovery in...