Posted on February 8, 2009 by Fortune&Class
Although, it is understandable how you might feel when you see your former clean car being plastered with variety of unwanted stickers by the new owner. But what can you do?
That was the case between the former President of United States of America’s Chief of Staff, Andrew Card and President Barrack Obama, when the former [...]
Filed under: BusinessNEWS | Tagged: andrew card, barrack obama, car, chief of staff, huffingtonpost, oval office, united states of america, unwanted stickers, white house | Leave a Comment »
Posted on February 7, 2009 by Fortune&Class
Arguably, the only factor present with us is inflation and economic instability which has to do more with poorly formulated policies and halt-heated application of same. This situation has been long with us and is not about leaving us. So how do we manage it to our advantage, particularly the businesses?
Filed under: BusinessNEWS | Tagged: britain, capacity utilization, cowbell milk, depression, energy power, europe, formulated policies, green sandy, guinness nigeria plc, inflation, lever brothers, nigeria, nigerian breweries, packaging, phcn, policy consistency, port congestion, recession, shortages, united states of america | Leave a Comment »
Posted on January 15, 2009 by Fortune&Class
This is not the best of times to desire the pursuit of the American Dream of great material attainments to the United States of America. The troubling statistics of damning unemployment rate reaching record peaks last week was exemplified at the North Carolina Employment Security Commission when a phone line problem combined with an overload [...]
Filed under: BusinessNEWS | Tagged: america, american bankruptcy research center, esc, north carolina employment security commission, united states of america, us consumer, wrong time | Leave a Comment »
Posted on December 13, 2008 by Fortune&Class
Government is no doubt the biggest business in Nigeria, so it is in countries around the world. Exception is that in more economically developed lands, especially those that are inclined to the capitalist economic model, rather than government to directly engage in the economic arena, they provide an environment where individuals play the economy [...]
Filed under: BusinessNEWS | Tagged: asia, biggest business in nigeria, capitalist economic model, crude oil, economic policy positions, economically developed land, electricity power, europe, gdp growth, government, hear no evil, keynesian, monetary policy committee, nation's foreign reserve, national budget, natural mainstay resource, potable water, professor of economics, see no evil, united kingdom into a tailpin, united states of america | Leave a Comment »
Posted on December 7, 2008 by Fortune&Class
A System can be defined as units or parts (sub-systems) that interact with each part or unit to function as a whole. The units or parts are designed in a manner that makes its operations optimal with less grid-lock and distractions or un-necessary overlapping that will create bottle necks or tardiness to function effectively so [...]
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Posted on December 2, 2008 by Fortune&Class
Nigeria’s version of the global credit crunch might have crystalised into a reality that may not be easily wished away. Reports from sources inside the Central Bank of Nigeria asserted that three banks in Nigeria have been given lifelines to shore up their liquidity standing. These banks according to the source are; Oceanic Bank [...]
Filed under: BusinessNEWS | Tagged: capital market, Oceanic Bank, Central Bank of Nigeria, banking industry, Federal Government, Banks, united states of america, sterling bank, cbn governor, moribund, collateral, nation's capital market, financial institutions, treasury bills, banking public, bankphb, europe's option, crisis ridden banks, nigeria inter bank official rate, fortune&class weekly, first bank plc, global financial crisis, bank phb, cbn lifeline, nigeria's version, global credit crunch, asserted, three banks in nigeria, lifelines, liquidity standing, N90billion, N100billion, financial bailout, chief executives, banks' chief executives, nation's financial sector, developed countries, interbank money market, main-stream, liquidity profile, fiscal management, concession, circular directive, non performing loans, other facilities, march 2008, illiquidity banks, discount window operation, short term financial instruments, overnight standing facility, federal government bonds, non-federal government securities, long term funds, mop up, money market, selling treasury bills, short term instruments, 21 percent, needy banks, secure funding, operations going | 2 Comments »
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
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 25, 2008 by Fortune&Class
Last week, I confirmed an appointment to meet with a United States of America based journalist and researcher. He told me on phone that he was in Nigeria to research and evaluate the country’s financial sector with a view to submitting a report that will form the basis of Nigeria’s financial sector country report to [...]
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Posted on November 22, 2008 by Fortune&Class
Issues in appropriate auditing process and accountability have, over the years become a constant source of worries and had, often led to cases of finger pointing by Federal Government agencies responsible for regulating the oil and gas sector and the mostly multinational oil producing companies in the country.
The contentious issue had always revolved around the [...]
Filed under: BusinessNEWS | Tagged: accountability, accountant, auditing process, castigates, europe, Federal Government, financial experts, firs, forensic, inland revenue service, multinational oil producing companies, nat cole, neiti, nigeria, nigeria extractive industry transparency initiative, oil and gas exploration and production, oil and gas sector, oil companies, oil giants, omoigui ifueko-okauru, stakeholders, stream oil companies, united states of america | 2 Comments »