EXPERTS PREDICT BLEAK XMAS FOR STOCK MARKET PLAYERS…NSE DG SAYS CNN FRIGHTENED NIGERIAN INVESTORS

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 [...]

ADENUGA’S EXPATRIATE DIRECTOR RESIGNS FOR FEAR OF NIGER DELTA MILITANTS

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 [...]

FINANCIALBRIDGE: HOW TO DO BUSINESS WITH THE AMERICAN INVESTMENT COMPANY THAT FACILITATES OFFSHORE FUNDING FOR NIGERIAN BUSINESSES

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, [...]

HOW TO RAISE MONEY FOR YOUR RETIREMENT BUSINESS

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 [...]

BETWEEN THE LAGOS STATE GOVERNMENT AND AUTO DEALERS

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. [...]

Kia Picanto: Girls, Girls and Girls

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 [...]

DANGOTE, YAR’ADUA FALL APART OVER ECONOMIC EMPOWERMENT…MOVES TO ATIKU’s CAMP

The chummy relationship between Nigeria’s President, Umar Musa Yar’Adua and businessman, Alhaji Aliko Dangote may have hit the rocks, a source has said.
The source confided that though the President appreciates the support Dangote provided him while running for the office of the nation’s presidency but differences in matters relating to economic empowerment of Nigerians [...]

FINALLY, OTEDOLA BREAKS MONOPOLY WITH 2MILLION TONNES OF CEMENT

The persistent rise in the price of cement, an essential building material, may be heading for a reverse with the Federal Government approval granted Femi Otedola to import 2million tonnes of cement into the country.
The cement which a source close to the CEO of Zenon Oil and Gas said will soon land in Nigeria, [...]