Deepankar Rustag is Managing Director, VConnect Global Services, a local search engine that provides information of product services and business. In this interview, he says the success of small and medium scale enterprises in Nigeria requires collaborative support of government and local banks.

US President Barack Obama urged Africans on Saturday to ask more questions about lop-sided deals with some foreign investors, while dismissing talk of a Chinese and US scramble for influence on the continent.

President Goodluck Jonathan’s gigantic steps to improving agriculture in the country are getting a boost with the recent establishment of an Agricultural International Market in Enugu State. The market which is a sole venture from a reputable industrial outfit based in Lagos, Eugene-Rose, will surely break the much needed barrier in the growth of commerce and industry in the south eastern part of Nigeria.

Bharti Airtel, a global telecommunications company with operations in 20 countries across Asia and Africa, is emerging as one of the most preferred financial services providers in the Democratic Republic of Congo, helping to further widen  the country’s financial sector.

Businessmen, captains of industries, international investors, financial advisors, heads of government parastatals will today gather in the UK for a two-day summit on exploring business opportunities in Nigeria.

Nigerian banks have been given till October 25 to register with the US Internal Revenue Service (IRS) in compliance with the Foreign Account Tax Compliance Act (FATCA) requirement.

WHEN countries in Europe and America screamed out of fright about a global food crisis, not many in Nigeria were alarmed.

Shell Petroleum Development Company of Nigeria Limited, SPDC, yesterday, blamed the crisis currently rocking Lonestar Drilling Nigeria Limited for its inability to liquidate its US$20 million (N3.2 billion) indebtedness to the firm.

STOCKBROKERS and shareholders in the Nigerian capital market have been encouraged to maintain the current tempo in the stock market as bulls continue to overwhelm the bears in the equities market.

GOVERNOR Saidu Dakingari of Kebbi said during the week that the state government had spent N1.4 billion on the purchase of 11,550 tonnes of fertiliser.

LEADERS in the West African sub-region have called for the deployment of an international naval force to curb the growing threat of piracy off the Gulf of Guinea.

Central Securities and Clearing System, CSCS, has vowed to sustain the ‘A’ minus rating it received last year from one of the world’s leading central securities depository rating agency, UK-based Thomas Murray Rating Limited.

UAC of Nigeria Plc, UACN, sustained its growth streak in 2012 financial year with 108 percent growth in profit after tax to N7.1 from N3.41 billion in 2011.

…Navy says no casualty recorded By Sebastine Obasi Pipeline and Products Marketing Company, PPMC, the marketing arm of the Nigerian National Petroleum Corporation, NNPC, yesterday, confirmed that it had successfully put out a pipeline fire, which occurred while vandals tried to siphon fuel. Attempts by the vandals to steal oil from the Akinbo Jetty, Ilado, […]

Stakeholders in the maritime sector have accused the Federal Government of neglect of shipping sub-sector of the industry resulting in the domination of the seafaring business by foreigners.