Business

Guinness declares N265bn revenue, PAT up 53% to N25.3bn

By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]
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Ghana says West African Gas Pipeline Project to cost $1B

THE government of Ghana has disclosed that the completion of the West African Gas Pipeline (WAGP) would cost $1 billion instead of the $600 million earlier announced. The new cost was due to the apparent delay in the implementation of the project, which has resulted in the increase of the original cost by 70 percent.

IMF-Backed Programs widen policy options to counter crises

As the global economy continued to battle the financial crisis that enveloped the world economy as a result of the 2007 financial crisis, the International Monetary Fund ( IMF) has designed a multilateral -supported programs that has created space in many countries for counter-cyclical policies to address the impact of the global food, fuel, and financial crises.

ICC lambasts G20 on Doha trade negotiations

The International Chamber of Commerce (ICC) criticised leaders of the 20 leading industrail nations also called G20 to for lacklustre commitment to the conclusion of the Doha Round of trade negotiations.

NB unveils new look Legend bottle

There is definitely going to be a brand war in the stout market, as Nigeria Breweries Plc, bottlers of Legend stout officially unveiled a new bottle as fire, dance, music welcomes the new look Legend stout bottle, as it enters with new TVC and radio commercials.

Lagos to make 2010 independence a carnival

From 2010,independence in Lagos State will assume the position of a carnival like celebration, as the state partners west Oak investment Limited to boost it’s tourism potentials.

Bank crisis: The road to hell (4)

The committee, in addition, noted that the proposed raising of the minimum capital requirement to N25 billion is likely to have adverse effect on investors, as a reduction in shareholders value is imminent —Report of Committee established by the Chartered Institute of Bankers on Consolidation, 2004.

Why govt can’t deregulate now — Comrade Peter Akpatason

Rrecent report revealed that the Federal government has commenced negotiation with leaders of the oil workers’ unions over the planned total deregulation of the downstream sector of the petroleum industry. President of the National Union of Petroleum and Natural Gas Workers (NUPENG), Comrade Peter Akpatason in a chat with Saturday Vanguard Business, speaks on this amongst other issues.

Vision 2020: ‘Policies not targeted at peasant farming would fail’

COULD you give us an update of your centre’s activities aimed at revitalizing agriculture in the country?
Well, the Centre for Sustainable Agricultural Development (CSAD) has been on for quite sometime now especially in the areas where we want to make sure farmers understand what is happening. We live in a society where the distance of the farmers from a centre of activity is too wide. So, the centre was born to bridge that gap.

NCC urged to stop anti mobile phone theft service

THE National Association of Telecommuni ations Subscribers (NATCOMS) is asking the National Communications Commission (NCC) to explain why it is expending N26 million monthly on the provision of anti-mobile phone theft services when the service can be provided absolutely free of charge.

Why govt can’t deregulate now — Comrade Peter Akpatason

A recent report revealed that the Federal government has commenced negotiation with leaders of the oil workers’ unions over the planned total deregulation of the downstream sector of the petroleum industry. President of the National Union of Petroleum and Natural Gas Workers (NUPENG), Comrade Peter Akpatason in a chat with Saturday Vanguard Business, speaks on this amongst other issues.

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