Following the recessionary headwinds, WPP Group, London, an advertising agency said it has recorded decline in profit of 54 percent to 217million from $469 million.

As part of activities to consolidate its Nigerian market share, Dana Electronics Limited, authorised distributor of the Whirlpool home appliances in Nigeria yesterday held a training session for a number of the brand dealers across the country on the current and new product line ups.

Subscribers on the 4th largest telecommunication company in Nigeria, Starcomms Plc are in for lengthy conversations this Ramadan period as the network offers them a record tariff_slash.

Luna Milk has announced the launch of a Mega, Instant_Win Prize Promotion for its Evaporated Milk under the banner of Luna Treasure Can Promotion.

The ongoing experiential campaign for Unilever Nigeria Plc’s Omo multi_active detergent was in Zaria recently with popular Hausa Actor, Mikhail Ibn Isah “Gidigo” piloting the campaign.

The Institute of Direct Marketing of Nigeria (IDMN) has named Starcomms Plc, Nigeria’s foremost CDMA network as the best 3G Mobile Network of the Year 2009 in the CDMA category. The award certificate was presented to the marketing team of Starcomms in Lagos.

MTN Nigeria said it is committed to the advancement of the Nigerian telecommunications industry and the delivery of qualitative service to subscribers across the country despite the challenges of the global economic meltdown, as it supports Nigerian Bar Association (NBA) Annual conference.

MTN Nigeria said it is committed to the advancement of the Nigerian telecommunications industry and the delivery of qualitative service to subscribers across the country despite the challenges of the global economic meltdown, as it supports Nigerian Bar Association (NBA) Annual conference.

Oracle has launched the first Oracle Enterprise Performance Management (EPM) Index, in which businesses in Europe and North America are assessed on their ability to unite management processes and information systems to form a consolidated view of a business. On a scale of 0 to 10, these organizations attained an overall score of 5.13.

It is no longer a secret that the Federal Government is set to fully deregulate the oil and gas sector as it has consistently argued that the $4.5 billion subsidy on petroleum products was no longer sustainable if the country must effectively tackle the enormous challenges facing the sector. In this interview, Dr. Mike Aderohunmu, oil and gas analyst and managing director Oilgas Marinetech speaks on what needs to be done to ensure the government proposed deregulation of the downstream sector delivers real value for the economy.

Mr.Bassey Albert Akpan doubles as the Akwa Ibom State commissioner for finance and chairman Inter-Ministerial Direct Labour Committee. He was the vice chairman of First City Monument Bank before his present office. In this interview he explains the mega projects of the administration and his confidence on the target dates for their inauguration. Excerpts

AS many Nigerians continue to react to the recent action by the Central Bank of Nigeria (CBN) on five commercial banks in the country, an appeal has gone the National Union of Banks and Financial Institutions Employees (NUBIFIE) to raise questions on the employment status of some of their members.

A CROSS section of customers and key stakeholders in Oceanic Bank International Plc have expressed their support for the bank’s new managing director, John Aboh and his management team for their repositioning efforts so as to sustain the bank’s leading position in the industry. They pledged their support at a special interactive meeting with the new Managing Director held in Abuja. The meeting is the first in the series lined up by the new Chief Executive to meet with key stakeholders in the bank.

BANKS generate revenue by granting credit facilities to customers for a number of purposes from projects (project finance), purchase of manufacturing equipment, import, export, property (mortgage), acquisitions/mergers, buying of shares (margin facility) to business start-up or expansion.

Sam Asekunowo, is the author of the book titled “The Power of Plan B”- The secret of today’s millionaires.

The first sign that there was danger in the horizon was the advertorial which appeared in the papers requesting the President to assist Intercontinental Bank recover the debts due from some three identified oil marketing companies.