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Image source: Qualcomm. After a flat performance in the previous session, the stock market launched upward Wednesday, climbing on what investors perceived as positive comments from the Federal Reserve that the U.S. economy was in strong shape. Those gains didn’t prevent some stocks from losing ground, with Qualcomm (NASDAQ:QCOM), Sprint (NYSE:S), and GoPro (NASDAQ:GPRO) appearing […]Read More

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Revelations that top officials are suspected of pilfering the equivalent of almost the entire annual defense budget would cause shock waves in most countries. Not in Nigeria, where the public sees political power and graft as bedfellows. The novelty this time is that President Muhammadu Buhari immediately ordered the arrest of a former national security… […]

After several years of shadow boxing, the situation on ground in Africa’s largest economy shows that  very little has been done in real terms to diversify the economy from oil, create jobs and save for a rainy day. Despite sinking over $5 billion in the Ajaokuta Steel Complex Limited, it is yet to be completed…. […]

Newspaper headlines have a way of conveying care or scare tendency. ‘Military activities forced Boko Haram to Lagos, Others – Police’ which a few newspapers used in one of their editions last month certainly sent a bit of jitters to the spine. It was their way of capturing the remarks of Bala Hassan, the Assistant… […]

Oil prices eased, reversing the previous day’s gains, as the risk premium stemming from the Paris attacks faded, and the focus returned to the global oversupply in crude and petroleum products. Analysts said that despite the Paris attacks and French retaliation against Islamic State (IS) in Syria, prices would remain low for the rest of… […]

Actis, a leading emerging markets investor, RMB Westport, a notable sub-Saharan Africa real estate investment management and development group and Paragon Holdings, a leading Nigerian investor group have confirmed the sale of Ikeja City Mall to South African Real Estate Investment Trust (REIT), Hyprop Investments Limited (Hyprop) and Attacq Limited (Attacq), a JSE-listed real estate… […]

  Pfizer Nigeria has further demonstrated its commitment to the pharmaceutical industry in Nigeria by rewarding outstanding pharmacists at the just concluded 88th Annual Conference of the Pharmaceutical Society of Nigeria (PSN) which held in Abuja. With this recognition of excellence, Pfizer once again showed its willingness to work with relevant groups in the country… […]

CSR-in-Action, Nigeria’s premier business and ethical networking platform and consultancy  for sustainability, has announced plans to host governments, captains of industry, experts and investors in the country’s capital, Abuja, to stimulate meaningful exchange of ideas on how to unlock over $100bn potential in the extractive industries within the next four years. The 4th hosting of the… […]Read More