Posted on March 24, 2009 by Fortune&Class
When a very top official of the National Accounting Standard Board told a gathering that a total N40billion being part of the money raised during the public offer of African Petroleum is trapped in some Nigerian banks, then there must be a cause for concern.
The offer which had closed since September last year has [...]
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Filed under: BusinessNEWS | Tagged: african petroleum, aliko dangote, ap, dangote, femi otedola, national accounting standard board, nigerian banks, otedola, public offer money, trapped | 1 Comment »
Posted on February 1, 2009 by Fortune&Class
FOCUS CABLE CHANNEL WILL BE TRANSFORMING TO TERRESTRIAL TELEVISION, BUT WE ARE ALSO LOOKING AT THE POSSIBILITY OF KICKING OFF WITH OUR OWN PRIVATE OWNED RADIO STATION AND OUR AREA OF COVERAGE IS LAGOS ZONE
Filed under: Entrepreneur Viewpoint | Tagged: Federal Government, ait, europe, nigerian banks, chartered accountant, niyi akinsiju, goke oluwole, segun banjo, gsm, television, tayo adewusi, democratic struggle, bashorun mko abiola, 1993 presidential election, military government, ibrahim babangida, tv-prenuer, satellite channel, femi davies, white house hotel, bob dee, dele momodu, ovation magazine, broadcasting, ict watch, mitv, minaj, engineer banjo, disc communications ltd, focus tv, drawing board, small cubicle, generators, nepa, phcn, nitel, cdma, national communication commission, ncc, bon, broadcasting organisations of nigeria, nbc, new minister, dora akunyili, minister of information and communications, lagos zone, south west, galaxy, advertisers, celebrities hangout, ebenezer obey, sammie okposo, adewale ayuba, wale thompson, lanre teriba, dunni olarenwaju, cnn, al jazerah, kwara, owu, methodist boys high school, lagos state school of basic studies, computer science, lagos state polytechnic, nans, student union, gani fawehinmi, olisa agbakoba, ayo obe, femi falana, festus keyamo, clo, mavfd, moshood abiola vanguard for democracy, abraham adesanya, united state embassy, dutch embassy, democratic values, 100.1fm, kudirat abiola, killed | Leave a Comment »
Posted on December 14, 2008 by Fortune&Class
Please, there has been so much noise about market-makers, how will they operate to stabilise the capital market. + 44 7957110056
The term market makers is the latest terminology in the Nigerian Capital Market and the way they are going they make it look as if all the solutions to the problems in the Nigerian [...]
Filed under: the consultant | Tagged: marina, nigerian capital market, nigerian banks, the consultant, market-makers, market maker, registrar, cscs, wema registrars, old leventis building, second floor | 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
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: 5-star, abuja, agro-business, akwa ibom, aluminium, amakpe refinery, amusement park, aviation, barrels per day, bayelsa state, communications, construction, credit insurance companies, d.m.e. eradiri, direct loans, downstream sector, due diligence, edo state, eidi, energy, energy industry development initiative, engagement fee, equity contribution, export finance banks, export-import bank, exxon/mobil qit, federal palace hotel, financial institutions, financialbridge, hussaini basaka, isheri, issuing house, kolo creek, libor, london interbank offered rate, luxury hotel, manufacturing and assembly, market research, medical, memorandum of understanding, modular refineries, mou, mr. o.a. adeleke, nigerian banks, nigerian entrepreneurs, offshore funding, ogun state, oil and gas, onna, opic, overseas private investment corporation, oyebiyi, oyedele sangobowale, oyo state, patrick fournie, pharmaceutical project, senior advisor, soild mineral, sterling bank, sterling capital market, tom obaseki, tourism, u.s., United States, ups capital/ex-im bank loan, ventech, voip telephone, yenagoa | 2 Comments »
Posted on November 16, 2008 by Fortune&Class
At about this time last year, the average American based Nigerian professional would not give much thought to a proposition for him to come back to Nigeria and pick up a job. The scenario has, however, changed over the last six months. With massive jobs losses arising from an inclement economic storm that suddenly [...]
Filed under: Uncategorized | Tagged: american based, and mattel, arthur anderson, auto makers, bloomberg, business firmament, citigroup, companies, construction, dhl, educational services, employees, factories, fidelity, financial market, ford, foreign based, fortune&class, franlin bank, general motors corp, hadr-to-get credit, home builders, hotel, housing collapse, houston-based, illinoise office, inclement economic storm, job, kinsmen, kith, labour department, los angeles, mortgage bankers, motel, mounting foreclosure, nigeria, nigerian, nigerian banks, north america, private companies, professionals, regulators, retailers, securities firms, security pacific bank, slashing jobs, united states of america, USA | 1 Comment »