Posted on November 30, 2008 by Fortune&Class
Dateline 1990, locations, University of Jos Teaching Hospital and the University College Hospital, Ibadan; 109 Children died after administration of Paracetamol Syrup. This was 57 years after the infamous 1937 Elixir Sulphanilamide disaster in the United States of America in which 107 people died after taking sulphanilamide dissolved in diethylene glycol.
Eighteen years after, My [...]
Filed under: Medication | Tagged: barewa pahrmaceuticals limited, chemical entity, child, diethylene glycol, elixir sulphanilamide, european regulatory, high doses, ibadan, jos, kidneys, liver, luth, mothers, my pikin, my pikin teething mixture, nafdac, national agency for food and drug administration and control, nigeria public, over the counter, paracetamol syrup, pharmaceutical excipients, pharmaceutical society of nigeria, pharmacists, poisonous, potential exposure, teething mixture, uch, united states of america, university college hospital, university of jos teaching hospital | 2 Comments »
Posted on November 30, 2008 by Fortune&Class
Philip Kotler, in his book, Marketing Management, posited that “all companies must look beyond their present situation and develop a long-term strategy to meet changing conditions in their industry. They must develop a game plan for achieving their long-run objectives.” He further opined that there is no one strategy that is optimal for all companies. [...]
Filed under: Strategic Management | Tagged: nigeria, capital market, stock market, insurance sector, finance sector, United States, ibtc, japan, toyota, insurance companies, u.s., nigerian companies, herd mentality, philip kotler, marketing management, long-term strategy, industry, objectives, goodyear tire and rubber co., uniroyal and armstrong rubber co., dear country, telecom providers, entertainment sector, education sector, social projects, economic strata, begging for money, deposit money, harrasing people | 5 Comments »
Posted on November 30, 2008 by Fortune&Class
Nigerians now seem to prefer new cars to used ones a FORTUNE&CLASS Weekly survey has shown. A snap survey conducted by the magazine’s correspondents across new cars dealers shows that there is a strong demand for new cars, especially, the Japanese and Korean brands.
Most intending buyers are now placed on waiting list. FORTUNE&CLASS correspondents [...]
Filed under: Auto | Tagged: benin republic, brand names, bush paths, car dealers, car dealership, car owners, commitment to buy, correspondents, dealers shop, first bank plc, fortune&class, hyundai, japanese, kia, korean brands, marketing manager, new cars, nigerian car owners, nigerians, tokunbo, toyota, toyota sales outlet, unmanned border points, waiting list | Leave a Comment »
Posted on November 30, 2008 by Fortune&Class
An investment expert, Mr. Jide Ogunleye, has questioned the rationale of Nigerian banks newly found fervor for expanding their operations into African countries with low economic generation capacity. Ogunleye, who is the Chief Executive Officer of Denaro Capitals, said the acquisition and establishment of Nigerian banking brands in countries in West and East Africa [...]
Filed under: BusinessNEWS | Tagged: african countries, bank branch, Banks, benin republic, denaro capitals, diaspora, east africa, ego tripping, expansion, flourishing bank branch, ghana, gross domestic product, indigenous financial institutions, internationalizing, investment expert, investment judgement, jide ogunleye, lagos state, london, low economic generation capacity, nigeria, nigerian bank brands, nigerian banks, nigerian resident, outposts, rat race, single branch, south africa, united states of america, urban centre, west | Leave a Comment »
Posted on November 29, 2008 by Fortune&Class
In an extension of the warnings of FORTUNE&CLASS Weekly to investors not to be quick to excitement in the wake of the sudden resurgence of stock prices at the stock exchange, some stock market analysts have predicted a bleak Christmas season for stock investors that are hopeful of making some gains in the market to [...]
Filed under: BusinessNEWS | Tagged: bleak xmas, experts, financial sector, fortune&class weekly, institutional, liquidity, stock market players | 1 Comment »
Posted on November 29, 2008 by Fortune&Class
Mr. Pandanam, an Indian expatriate who holds a high ranking office in Dr. Mike Adenuga (Jnr) Equitorial Trust Bank (ETB) was not intended on leaving Nigeria in a hurry. The Indian, who, until he left Nigeria in a hurry, was the bank’s Regional Services Director, decided to bid farewell to his job at ETB [...]
Filed under: BusinessNEWS | Tagged: adenuga, director, equitorial trust bank, ETB, expatriate, fortune&class, indian, kidnappers, militant, niger delta, nigeria, otunba adenuga, pandamanam, pandanam, port harcourt, regional services director, resigns | Leave a Comment »
Posted on November 29, 2008 by Fortune&Class
When Patrick Fournie, Senior Advisor with FinancialBridge, Inc. made his presentation on the “Private Ownership of Modular Refineries in Nigeria: The New Trend in Building Petroleum Refining Capacity: The Financialbridge Experience” at a seminar organized by the Energy Industry Development Initiative at the Federal Palace Hotel, Victoria Island, Lagos State, this past Tuesday, 11 November, [...]
Filed under: BusinessNEWS | Tagged: oil and gas, sterling bank, abuja, United States, edo state, construction, nigerian banks, financial institutions, financialbridge, patrick fournie, senior advisor, modular refineries, federal palace hotel, pharmaceutical project, aluminium, onna, akwa ibom, amusement park, isheri, ogun state, oyebiyi, oyo state, 5-star, luxury hotel, nigerian entrepreneurs, barrels per day, kolo creek, yenagoa, bayelsa state, offshore funding, mou, memorandum of understanding, u.s., export-import bank, overseas private investment corporation, opic, export finance banks, credit insurance companies, direct loans, london interbank offered rate, libor, downstream sector, energy, voip telephone, communications, soild mineral, medical, tourism, agro-business, aviation, manufacturing and assembly, amakpe refinery, exxon/mobil qit, ups capital/ex-im bank loan, ventech, equity contribution, mr. o.a. adeleke, d.m.e. eradiri, oyedele sangobowale, hussaini basaka, sterling capital market, issuing house, engagement fee, market research, due diligence, eidi, energy industry development initiative, tom obaseki | 2 Comments »
Posted on November 29, 2008 by Fortune&Class
Retirement is a period of rest after long tedious working hours adding up to years as a salary earner, but to many in this part of a developing economy like Nigeria, it is a moment to even own a business.
Many retirees are fond of retiring to a country home’s farm-land or to a cottage [...]
Filed under: Retirement Planning | Tagged: african leaders, dependants, entrepreneur, environmental scanning, ex-military dictators, fools dot.com, illegal acquisition, money, office holders, political appointment, raise money, retirees, retirement, search engine, small business, starting a business, working schedule | 2 Comments »
Posted on November 29, 2008 by Fortune&Class
In another bid to foster a better relationship with all facets of the society and the private sector, the Lagos State government has concluded plan to partner with automobile players in the State. This revelation was made by the Commissioner for Transportation, Mr. Bamidele Badejo, through his representative, Director of Dealership Licensing Authority, Lagos, Mr. [...]
Filed under: Auto | Tagged: 13 zonal offices, auto dealers, bamidele badejo, commissioner for transport, h. b. sarumi, lagos government, michael ade ojo, mot, national automobile marketing conference, oka obono, private partnership, sanni dauda, sola dada, standard automart, state government, william anumudu | 1 Comment »
Posted on November 29, 2008 by Fortune&Class
Imagine driving along one of the most spectacular ocean roads in Lagos; the 3rd Mainland Bridge: a bridge that links the Lagos Mainland to the high rise strewn section of the Centre of Excellence. When there is no traffic snarl on the bridge the scenery can be charming but the experience won’t be complete if [...]
Filed under: Auto | Tagged: 3rd mainland bridge, abs, centre of excellence, force, girls, kia, lagos, mini car, mph, occupant, picanto, pr department, rpm, smallish, spec model, traffic snarl | Leave a Comment »