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A Courageous Step, But… 09/28/08 The decision of the Lagos State government to boost tourism by acquiring a Sunborn Yacht Hotel is applauded as a courageous move, but tourism experts doubt whether Nigeria is ripe for it
Divestment By Stealth 09/28/08 Chevron Oil Nigeria Plc workers accuse Chevron Corporation of adopting various tricks to divest 60 percent shares in its Nigerian subsidiary in order to deny them benefits and severance packages
No Cause for Worry 09/22/08 Nigeria’s economic managers map out strategies to contain any adverse effect that could spill over from the lingering financial crisis in the United States of America
Wielding the Axe 09/22/08 In its efforts to sanitise the capital market and halt the slide in share prices, the Nigerian Stock Exchange delist 28 companies
First of Its Kind 09/22/08 Chivita Limited introduces Tetra Pak packaged mineral water into the Nigerian market
A Festering Wound 09/14/08 The removal of Adebisi Omoyeni as managing director of Wema Bank PLC may not bring peace to the troubled bank as the Independent Shareholders Association and Omoyeni have challenged the Central Bank's action in court
Scarcity Without End 09/14/08 Persistent scarcity of kerosine and diesel push up prices of the products to a scandalous level
Back in the Swing 09/08/08 Stock market operators want the federal government measures which have reinforced investors’ confidence in the Nigerian Stock market sustained
Hot Air, No Action 09/08/08 Federal government still undecided on its reaction to the maltreatment of Nigerians on board British Airways flight from London
Pioneering A Dream 09/01/08 Computer Warehouse Group moves closer to becoming a global leader as it goes to the stock market to raise funds
We’ve Come A Long Way 09/01/08 Austin Okere, chief executive officer of the Computer Warehouse Group, CWG, is one of Nigeria’s most respected IT gurus. The Computer Warehouse, which was founded in September 1992, has grown to become the pillar on which the country’s leading enterprises depend on for their IT needs. Currently, CWG provides the communications network for 22 of Nigeria’s 24 commercial banks. Recently, Okere spoke to Dike Onwuamaeze, Newswatch’s senior staff writer, on the history behind the company, its vision and challenges. Excerpts:
A Timely Intervention 09/01/08 The Nigerian stock market begins a gradual journey to recovery following federal government’s meeting with regulatory agencies and representatives of capital market operators
Banking for the Poor 09/01/08 Mohammed Yunus, a Bangladeshi professor of economics, advises operators of microfinance banks to help the poor live a productive life
Not Their Will 08/24/08 Youths in Ilaje Local government area of Ondo State vow to resist the execution of a Benin Federal High Court judgement which cedes 260 oil wells in Ugbage to Delta State
An Industry on Sick Bed 08/24/08 Sea piracy and the high cost of diesel are gradually killing the fishing industry in Nigeria
Trailed by Controversy 09/28/08 The decision of the House of Representatives Committee on Privatisation and Commercialisation to hold a public hearing on a matter that is already in court is raising eyebrows UBA Savers Smile 09/28/08 Twelve customers emerge winners of the first set of draws in the UBA PLC Grand Slam promotion How We Relate With Host Communities 09/22/08 The oil industry in Nigeria has long been dominated by the multi nationals. In recent times, however, indigenous companies have taken the bull by the horn, with their entry into the capital-intensive venture. One of such indigenous companies is Emerald Energy Services Limited. Unlike the multinational oil companies, Emerald Energy Services Limited is at home with its host communities. In this interview, Jude Amaefule, a petroleum engineer and chief executive officer of the company, tells Sebastine Obasi, senior staff writer, the strategies employed by Emerald to maintain a harmonious relationship with the host communities and the challenges facing indigenous oil companies in Nigeria. Excerpts: On a Python’s Tail 09/22/08 Traders' protests have made life unbearable for the management of Aulic Nigeria Limited, concessionaire of International Trade Fair Complex along Lagos-Badagry expressway For their Sin, Others Suffer 09/22/08 The action of some rascals whcih resulted in the death of its manager, has forced Power Holding Company of Nigeria to cut electricity supply to Akute and Alagbole communities near Lagos Business Briefs 09/22/08 Lagos State Board of Internal Revenue, BIR, is set to revolutionlise the mode of payment to the state government Entering the Big League 09/14/08 Allied Energy PLC, an indigenous upstream oil company goes to the stock market to raise funds for its expansion programme Coming with A Mission 09/14/08 Etisalat, the latest entrant into Nigeria’s telecommunications market, promises to offer subscribers unique services Get Talking With Globacom 09/14/08 In its drive to offer quality services to its millions of subscribers, Globacom launched a new promotional campaign tagged We Got People Talking Business Briefs 09/14/08 Lagos State Board of Internal Revenue, BIR, is set to revolutionlise the mode of payment to the state government
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