The Great Debate

CWG Records 81% Growth on PAT CWG Records 81% Growth on PAT

CWG Records 81% Growth on PAT

Computer Warehouse Group Plc (CW) last month released its audited financial results for the year ended December 31, 2013 to the Nigerian Stock Exchange.   Its revenues grew by 10 per cent to N20.7bn (2012: N18.7bn), while profit after tax increased by a whopping 81 per cent to N612m (2012: N339m), showing strong efficiency of [...]

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Shippers’ Council Vows to be Fair, Independent To Port Community Shippers’ Council Vows to be Fair,  Independent To Port Community

Shippers’ Council Vows to be Fair, Independent To Port Community

Hassan Bello, executive secretary/chief executive officer, Nigerian Shippers Council (NSC) has assured the port community that the council would be fair and maintain a reasonable level of independence in the discharge of its duties as a port economic regulator.   Speaking when he visited members of the Seaport Terminal Operators Association of Nigeria (Stoan) to [...]

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Port Transactions: Govt Introduces New Charges Port Transactions: Govt  Introduces New Charges

Port Transactions: Govt Introduces New Charges

Importers and users of Nigerian ports should get set to pay more on their imports as the Federal Government recently approved collection of stamp duty charges on all transactions in the nation’s seaports.   The new payment pegged at N50 duty stamp on every document pertaining to transaction through Nigerian Ports Authority to terminal operators, [...]

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Aviation Agencies Merger: Imminent Danger in the Industry – Stakeholders Aviation Agencies Merger: Imminent  Danger in the Industry – Stakeholders

Aviation Agencies Merger: Imminent Danger in the Industry – Stakeholders

The current decision by the Federal Government to merge the Nigerian Airspace Management Agency (Nama), Nigerian Civil Aviation Authority (NCAA), and the Nigerian Meteorological Agency (Nimet) into one body, has generated chaos in the industry and kept most stakeholders restless.   Most of the experts airing their view said that this tantamount to drawing the [...]

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News

CPC Queries Arik Over Shabby Treatment Of Passengers

CPC Queries  Arik Over  Shabby Treatment  Of Passengers

  The Consumer Protection Council (CPC) has queried the management of Arik Airline over the incident involving its New York- bound flight WT3107.   Arik Air flight WT3107 of 31st March 2014 from Lagos to JFK New York, was delayed in Lagos from a scheduled departure time of 11.50pm till 1:20am on 1st April 2014 [...]

Apr 14, 2014 11:43

IT

Ericsson Forecast Growth in LTE, Mobile Subscription by 2018

Ericsson Forecast Growth in LTE,  Mobile Subscription by 2018

  Ericsson has projected that the long term evolution (LTE) subscriptions will increase from 1.6 to 2 billion in 2018, and that by first quarter (Q1) 2013, total mobile subscriptions exceeded 6.4 billion.   By the end of 2018, they are expected to reach 9.1 billion. However, LTE technology is aimed at bringing dramatic improvements [...]

Apr 14, 2014 16:17

Money World

Chams Stakeholders Demand for Dividend Payment

Chams  Stakeholders  Demand for  Dividend Payment

Stakeholders in the Nigerian capital market have made a strong demand for dividend payment form Computer Hardware and Maintenance Services (Chams) Plc, to assuage for their long wait since the company listed on the bourse in 2009.   Making the call recently in Lagos during the company’s presentation of facts behind the figures at the [...]

Apr 14, 2014 18:28

Economy

GDP Rebase: A Wake Up Call

GDP Rebase: A Wake Up Call

That Nigeria is now the largest economy on the continent is no longer news. To some, this came as a surprise as reactions have continued to trail the news of the country’s GDP now standing at $453.9m, above South Africa, which is $384.3m.   The implication of this therefore, is that in every aspect of [...]

Apr 14, 2014 16:01

Recent Articles

Shippers’ Council Vows to be Fair, Independent To Port Community

Shippers’ Council Vows to be Fair,  Independent To Port Community

Hassan Bello, executive secretary/chief executive officer, Nigerian Shippers Council (NSC) has assured the port community that the council would be fair and maintain a reasonable level of independence in the discharge of its duties as a port economic regulator.   Speaking when he visited members of the Seaport Terminal Operators Association of Nigeria (Stoan) to [...]

Port Transactions: Govt Introduces New Charges

Port Transactions: Govt  Introduces New Charges

Importers and users of Nigerian ports should get set to pay more on their imports as the Federal Government recently approved collection of stamp duty charges on all transactions in the nation’s seaports.   The new payment pegged at N50 duty stamp on every document pertaining to transaction through Nigerian Ports Authority to terminal operators, [...]

Aviation Agencies Merger: Imminent Danger in the Industry – Stakeholders

Aviation Agencies Merger: Imminent  Danger in the Industry – Stakeholders

The current decision by the Federal Government to merge the Nigerian Airspace Management Agency (Nama), Nigerian Civil Aviation Authority (NCAA), and the Nigerian Meteorological Agency (Nimet) into one body, has generated chaos in the industry and kept most stakeholders restless.   Most of the experts airing their view said that this tantamount to drawing the [...]

Cyber Deceptions

Cyber Deceptions

While the web offers great opportunities for publishers and advertisers alike, its real value is also marred by fraud, malware and sockpuppetry.   A new study has found that a massive portion of mobile clicks on ads are actually worthless. This is according to mobile app marketing platform Trademob, which shared the findings of its [...]

LG Offers Innovative Technology, Convenient User Experience

LG Offers Innovative Technology,  Convenient User Experience

LG Electronics made some bold and original design moves in 2013, which paid off both in terms of brand perception and innovative recognition.   One key acknowledgement of this strategic effort was the gold award for the design of the LG G Flex smartphone at ‘iF’ Design Awards in Germany. The company also racked up [...]

Firm’s $200m Investment to Boost Employment in Ogun

Firm’s $200m Investment to  Boost Employment in Ogun

Overseas Investments, Hayat Kimya Nigeria Limited has indicated desire to invest 200 million dollar in Ogun State.   The investment, which is a fall out of the state government’s drive for industrialization, is expected to generate no fewer than 1,000 employment for the youth.   This was revealed by Mr. Ali Zeybek, the executive board [...]

Will Nigeria Meet MDG in Water Supply by 2015?

Will Nigeria Meet MDG in  Water Supply by 2015?

    Where is the Master Plan for Water Resource Management for Nigeria? The precarious water supply situation in the country is drawing concern across the land. There is growing worry that the Nigeria might default in meeting the Millennium Development Goals in water supply if proactive measures are not taken now. But analysts are [...]