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| With 31 federal revenue-generating agencies, Nigeria ought to be awash with cash. But the federal government has failed to harness the revenue potential of the agencies due to under declaration, meagre targets and large-scale corruption |
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| Ayinke House, the waning maternity wing of Lagos State University Teaching Hospital, is waiting to be touched by the wind of structural development going on in the health care sector in Lagos State
By Funke Oduwole
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| Top Gainers(
31/05/10—06/06/10
) |
|
Company |
Opening Value |
Closing Value |
Change |
Change(%) |
Dividend |
Conoil |
40.00 |
40.10 |
0.10 |
0.25 |
---- |
NASCON |
6.80 |
7.41 |
0.61 |
8.97 |
0.40 |
Guiness |
130.00 |
133.00 |
3.00 |
2.30 |
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GTBank |
18.91 |
21.00 |
2.09 |
11.05 |
1.00 |
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| The Final Takeover |
| Access Bank completes acquisition of Intercontinental Bank, putting to rest several issues thrown up by the banking sector reform
By Tony Manuaka
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| Worrisome Aviation Face-Off |
| Slot allocation and Bilateral Air Services Agreement have not only exposed the weakness of Nigerian carriers in the international aviation arena, but signal the need to urgently revive the domestic aviation industry |
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| Row in the Market |
| Stakeholders in the capital market are restive over recent measures introduced by the management of the Nigerian Stock Exchange to boost transactions and attract foreign investors
By Abiola Odutola
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| Fears Over Pension Fund |
| Despite an estimated N2.8 trillion total contribution by 4.3 million workers under the new pension scheme, there are rising concerns over default in remittance, poor return on investment and several other challenges |
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| The Road to Self Sufficiency in Cement |
| Fresh from an impressive financial performance by companies under the Dangote Group, Dangote Cement concludes plans to commission a new cement plant in Ibese, Ogun State, as part of the strategy to achieve self-sufficiency in cement production and end the |
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| Company |
Opening Value |
Closing Value |
Change |
Change(%) |
Dividend |
Eterna Oil
|
5.24 |
5.21 |
0.03 |
2.04 |
0.08 |
| Intercon Wapic |
0.98 |
0.97 |
0.01 |
1.02 |
0.03 |
Big Treat |
0.81 |
0.74 |
0.07 |
8.64 |
1.30 |
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|
| Currency |
Buying(NGN) |
Central (NGN) |
Selling |
| CFA |
0.2846 |
0.2946 |
0.3046 |
| Pounds |
220.4197 |
221.1679 |
221.9161 |
| US Dollars |
147.3 |
147.8 |
148.3 |
| Euro |
196.7192 |
197.387 |
198.0547 |
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| When she joined the Federal Institute for Industrial Research Oshodi, FIIRO, in 2007 as a director in charge of food and analytical services, Gloria Elemo brought her wealth of experience |
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War Against Fake Phones |
| Various anti-counterfeit campaigns and advocacy led by Nokia in partnership with the regulatory authorities result in a significant drop in the market share for manufacturers of fake and counterfeit mobile phones in Nigeria |
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| Partnership for Growth |
| Media Perspectives signs affiliation agreement with Carat, world’s leading media group, repositions for world-class services
By Salif Atojoko
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“Tiger” economies were instantly recognisable in the 1980s as .... |
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| The most visible manifestation of this trend is the rise of the netbook, or small, low-cost laptop. Netbooks are great for browsing the web on the sofa, or tapping out a report on the plane |
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| The Ghanaian government has distanced itself from a report produced by a committee it set up to scrutinise the sale of its telecoms firm to Vodafone |
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| A wealthy Chinese buyer has snapped up a luxury Hong Kong apartment for $57 million, thought to be a record price |
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| A wealthy Chinese buyer has snapped up a luxury Hong Kong apartment for $57 million, thought to be a record price |
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