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Skye Bank Advises SMEs On Long-Term Growth

Skye Bank Advises SMEs On Long-Term Growth

Skye Bank Plc has advised the Small and Medium Enterprises in the country to put in place strong internal control and effective book keeping measures as critical success factors for business sustainability. The Head, Small Business Group of the bank, Mrs. Ayodele Olojede, gave the advice in Benin City during the bank’s Pan-Nigeria SME seminar […]

Oil Up As Canada, Nigeria Problems Counter Stockpile Concern

Oil Up As Canada, Nigeria Problems Counter Stockpile Concern

Crude Oil prices rose yesterday, boosted by supply disruptions in Canada and Nigeria that have knocked out 2.5 million barrels of daily production and temporarily eclipsed concern over high global inventories and a looming surplus of refined products. Brent crude futures were up 39 cents on the day at $44.02 per barrel while U.S. crude […]

Oando Increases Gas Footprint via Ajaokuta LNG Project

Oando Increases Gas Footprint via Ajaokuta LNG Project

Oando Gas and Power Limited (OGP), the foremost indigenous developer and provider of gas and power solutions, and a fully-owned entity of Oando Plc, has commenced development of a mini Liquefied Natural Gas (LNG) facility through its Transit Gas Nigeria Limited (“TGNL”) subsidiary in Ajaokuta, Kogi State. The liquefaction plant is primarily directed towards fulfilling […]

Total Nigeria Plc Partners TATA Africa Services Nigeria Limited

Total Nigeria Plc Partners TATA Africa Services Nigeria Limited

On April 28, 2016, Total Nigeria Plc signed an after-market partnership agreement with Tata Africa Services Nigeria limited to supply high performance TOTAL branded lubricants. This local partnership is to trail and reinforce the global partnership agreement signed between Total Lubrifiants and Tata motors in Mumbai, India in September 2015. Total will support the Tata […]

Startup Capital: 6 Ways To Fund Your Businesses

Startup Capital: 6 Ways To Fund Your Businesses

When it comes to spearheading a successful business, the amount of money and sweat equity you put in is equally as important as the amount of time for the services you provide in return. People often go to extreme measures to keep their business afloat, some options being more realistic than others. Anyone can start […]

Halliburton Adjusted Profit Beats Estimate, Helped By Cost Cuts

Halliburton Adjusted Profit Beats Estimate, Helped By Cost Cuts

Halliburton Co, the world’s No.2 oilfield services provider, reported a higher-than-expected adjusted profit for the first quarter as deep cost cuts helped cushion the impact of a drop in drilling and completion activity. Net loss attributable to Halliburton widened to $2.41 billion, or $2.81 per share, in the three months ended March 31, from $643 […]

Gambia: Wig Poised to Create Alternative for Women to Improve Income

Gambia: Wig Poised to Create Alternative for Women to Improve Income

A Gambian local initiative called Women’s Initiative Gambia (WIG) founded and run by Gambians exists to creating job alternative to women by providing technical skills to Gambia women and girls to gain self-employment to be financially independent and become self- reliance in The Gambia with a stated goal of increasing their income, and thus improving […]

South African Inventor Wins Vodacom ‘Please Call Me’ Battle

South African Inventor Wins Vodacom ‘Please Call Me’ Battle

A South African man has won his legal bid to force leading mobile phone firm Vodacom to pay him for inventing a popular messaging service. The country’s highest court ordered the firm to compensate ex-employee Nkosana Makate for the Please Call Me service. He waged a nine-year court battle, accusing Vodacom of breaching an agreement […]

Mozambique: Bar Association Demands Transparency Over Debt

Mozambique: Bar Association Demands Transparency Over Debt

The Mozambican Bar Association (OAM) has added its voice to those demanding that the government release the full details of the country’s public debt, following the revelation that over a billion dollars worth of government guaranteed debt was not disclosed, either to the International Monetary Fund (IMF) or to the Mozambican taxpayers. A statement from […]

Next Oil Downturn? Looming Gasoline Glut Threatens Crude’s Rebound

Next Oil Downturn? Looming Gasoline Glut Threatens Crude’s Rebound

A rebound in oil prices this year from 12-year lows is in danger of coming to a crashing halt, as the main engine of global demand growth for the past several years starts to sputter amid signs of a gasoline glut. Crude oil LCOc1 has rallied more two-thirds from its mid-January nadir on robust demand […]