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Today:Tuesday, October 14, 2008

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Afribank confirms market rating
Monday, October 13, 2008
By PETRUS OBI, Enugu
Afribank Nigerian Plc has confirmed its leadership and market rating as a fast growing bank as it reported N17.22 billion Profit Before Tax (PBT) for the half year ended September 30, 2008.
Panalpina pulls out of Nigeria
Monday, October 13, 2008
3PL/LSP Africa Logistics Strategic Issues
Following Panalpina's July announcement that it planned to discontinue providing domestic services in Nigeria, the company is now limiting its Nigerian transport service to the arrival of shipments at port or airport.
Global financial meltdown: Businessmen who may lose billions of dollars, if…
Friday, October 10, 2008
By IKENNA EMEWU(ikenna@sunnewsonline.com)
Days of sorrow for the rich are here. It is a worldwide scourge that makes the wealthy, the powerful and the moneybags shed hot tears. That is the new calamity the world faces today that looks worse than the nuclear armament scare we heard but was later averted.
NSE: 65 equities suffer price decline
Thursday, October 09, 2008
By OMODELE ADIGUN
Tuesday turned out to be another nightmare for investors as 65 equities suffered various levels of depreciation on the Lagos floor of the Nigerian Stock Exchange (NSE).
N30m Suit Slammed On Skye Bank Over Infringement
Thursday, October 09, 2008
By Akin Kuponiyi
Musical Copyright Society of Nigeria, in conjunction with Mechanical Copyright Protection Society Limited, in a suit filed before a Federal High Court in Lagos, urging it to restrain Skye Bank Plc and Performing and Mechanical Copyrights Society from the unauthorised use of alleged pirated musical works to advertise its financial products, is also claiming N30 million damages from the defendants.
Oil Price Drop, Panic Grips Nigerians With Foreign Accounts
Wednesday, October 08, 2008
The PM News
World oil prices sank today below $90 as the raging global recession took a further toll and the outlook was bleak for an increase in energy demand.
Failure Of PHCN: Lagos Govt. Opts For Wind Power
Thursday, September 25, 2008
By Kazeem Ugbodaga
The Lagos state government is considering exploring the use of wind energy as an alternative source of power supply. This is a project that could cost the state about N34 billion (200 million euros).
CBN moves to crash interest rate
Thursday, September 25, 2008
By SEUN ADESIDA
The Central Bank of Nigeria governor, Prof. Chukwuma Soludo over the weekend disclosed to Daily Sun a series of measures taken by the apex bank to crash the prevailing interest rate in the system.
Hearing Begins In N7bn Ex-Staff’s Suit Against Afribank
Monday, September 22, 2008
The PM News
The N7 billion suit filed by 406 former employees of Afribank Plc against the bank, begins at the Justice O.A. Dabiri High Court, Igbosere, Lagos Island, tomorrow.
Oil-rich Nigeria enjoys 'brain gain' as expats take advantage of boom
Sunday, September 21, 2008
By Katy Pownall
They speak in the clipped tones of the British upper class or the soft drawl of southern California. They boast degrees and work experience from elite overseas institutions. And now they're coming home.

 



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