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Business & Finance

Between Ibe Kachikwu And NAPIMS Boss, Dafe Sejebor

Tuesday, August 22, 2017
He snatched the lightning shaft from tyrant magnates and the scepter from industry titans, and by the time Dr. Emmanuel Ibe Kachikwu was done with his brief as Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC), he had virtually revitalised and sanitised the oil sector. ...

Here is the letter Donald Trump's grandfather wrote begging not to be deported

Tuesday, August 22, 2017
When Donald Trump 8217;s German grandfather was ordered by a royal decree to leave the country and never return, he wrote a letter pleading the prince regent of Bavaria not to deport him. Friedrich Trump wrote the letter in 1905 when he returned to Germany with his wife and daughter after having ...

Palm Oil Producers Continue Growth Streak as H1 Sales Soar

Monday, August 21, 2017
Palm oil producers quoted on the floor of the Nigerian bourse have continued a one and half year sales growth as profit soared in the second quarter of 2017. It is no exaggeration that these two dominant producers of the product- Okomu Oil Palm Plc and Presco Plc- have enviable financial strength ...

Concessionaires short-listed for Kirikiri Lighter Terminal

Saturday, August 19, 2017
The Acting Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Mr. Chidi Izuwah, has said that concessionaires have been short-listed for concessioning exercise at the Kirikiri Lighter Terminal. Izuwah said in an interview that the Outline Business Case for the fishing ...

Kola Aluko Strikes Gold After Selling Shoreline Shares

Saturday, August 19, 2017
Yes, uber-wealthy oil and gas magnate, Kola Aluko is in the news again. He has just cleaned out in a deal worth some tidy millions of dollars. But this didn rsquo;t happen by a stroke of luck; he probably prepared for today. Reliable independent sources have told Thecapitalng that in the heydays ...

Dangote to invest up to $50 billion in U.S., Europe

Friday, August 18, 2017
Africa's richest man, Aliko Dangote, plans to invest $20 billion to $50 billion in the U.S. and Europe by 2025, in industries including renewable energy and petrochemicals. The 60-year-old Nigerian cement tycoon aims to move into these territories for the first time in 2020 after completing almos ...

I will buy Arsenal after Dangote refinery is completed: Aliko Dangote

Friday, August 18, 2017
President of the Dangote Group, Alhaji Aliko Dangote, has said he would sack Arsene Wenger if he succeeds in acquiring Arsenal Football Club. Dangote, who made the assertion while featuring on an interview with Bloomberg, said his desire to own the club dates back to the mid-1980s. The richest ...

Nigeria slashes oil production cost to $23/barrel

Thursday, August 17, 2017
The Nigerian National Petroleum Corporation (NNPC) says that it has succeeded in further driving down the cost of crude oil production from $28.99 per barrel as at the end of 2016 to $23 per barrel in July 2017. Nigeria first achieved a 68.5 per cent reduction in August 2015 when it cut its unit ...

GTBank Releases 2017 Half Year Audited Results…….. Reports Profit before Tax of 

Wednesday, August 16, 2017
Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2017 to the Nigerian and London Stock Exchanges. A review of the half year performance, shows positive growth across all key financial metrics and improved strategic positioning of the brand. Gross ...

National Bank of Kenya partners with WorldRemit to offer instant money transfers

Monday, August 14, 2017
Nairobi amp; London, 14 August 2017 - Leading digital money transfer service WorldRemit and the National Bank of Kenya (NBK) have launched a major partnership to enable Kenyans living abroad to make instant transfers home. WorldRemit users can now make instant bank deposits to NBK accounts h ...

How former petroleum minister Diezani spent almost $500m on 12 luxury propertie

Sunday, August 13, 2017
The Economic and Financial Crimes Commission (EFCC) says it has traced at least N47.2Billion and $487.5Million in cash and property to former minister of petroleum resources, Diezani Alison-Madueke. According to the EFCC, a search of one of Mrs. Alison-Madueke's palatial residences in Abuja t ...

Truecaller integrates video calling capability with Google Duo

Friday, August 11, 2017
The feature goes live, elevating Truecaller as a one-stop suite for voice, text, Flash messaging and video calls http://cdn.thenigerianvoice.com/images/content/8102017112624 841e987ddeac442aa88526a84729bfac.png Google Duo t ...

Nestle Nigeria Declares $54 Million Profit in H1: 2017

Thursday, August 10, 2017
NESTL Eacute; Nigeria Plc, in its financial results for the half year ended June 30, 2017, has declared N16.5 billion profits after tax. According to the financial result released to the Nigerian Stock Exchange (NSE), the Company delivered huge progress, showing profit after tax of N16.5 billion ...
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