Business

Crude oil, aviation fuel top import chart at Lekki deep-sea port

By Godwin Oritse Crude oil and other refined petroleum products dominated import activities at the Lekki Deep Sea Port in the first week of August, accounting for 1,867,712 metric tonnes of crude oil-based products brought into the country through the facility. Shipping documents obtained by Vanguard showed that petroleum products dominated imports through the Lekki Deep […]
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Islamic banking: Nigeria to benefit from $1.4trn assets

West African Institute for Financial and Economic Management (WAIFEM) says Nigeria stands to benefit from over $1.4trillion worth of assets being controlled by Islamic banks all over the world if the nation adopts the banking model.

NCS intercepts N34.8m contraband

Nigeria Customs Service (NCS), Ogun State Command has intercepted a truck load of furniture items estimated at over N18 million and over 3,500 cartoons of frozen items with a Duty Paid Value (DPV) of over N16.8million concealed in a 30footer truck.

Why African companies don’t outlive their owners – Monigod

Ciri Monigod, an accomplished businessman and writer, has given reasons why companies owned by Africans do not outlive their founders. According to him, this was because, Africans were ignorant of the various methods of operating money.

TLE tasks young lawyers on skill development and capacity

In this era, when skill development and capacity building are the needs of every sector of the world economies for growth, an independent organisation, Law Event Limited (TLE), concerned with the up rising of young laws in the legal profession to keep them abreast with today’s legal practices worldwide, the body has concluded every plan for its second edition of the annual Young Lawyers Conference (YLC) billed for July 21 and 22, 2011.

Business outsourcing is growing in Nigeria

At a time like this, when business process outsourcing is rapidly gaining ground in Nigerian business management as is in the case of developed countries of the world, the services of certified customer interaction professionals are necessary to feel the vacuum in these business call centres in Nigeria.

Smart Products Nigeria posts N24.102 turnover

Smart Products Nigeria Plc. has recorded a turnover of N24.102 for the financial year ended December 31,2010, sharing a growth of 52.98 as against N3.240 million recorded in 2009.

Kinetic Concepts to go private for about $5 billion

Medical device maker Kinetic Concepts Incorporated said it would go private in a nearly $5 billion cash deal with a consortium of private equity firm Apax Partners and two Canadian pension firms.

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