Business World Intelligence - Articles -

Scrutinising Sanusi’s 100 Days in First Bank

no@spam.com (Our Reporter) — Mon, 16 Mar 2009 16:00:24 UTC

In its usual tradition of quiet and peaceful change of baton, First Bank (Nig) Plc has since effected a change of its chief executive officer with Lamido Sanusi taking over from Jacob Ajekigbe. Who is Sanusi, what has he to offer and what sort of management style would he be bringing to the table? WILLIAMS EKANEM attempts answers to these questions which seems to be bothering its teeming customers.

Non-Performing Loans to Double in Banks, RenCap Says

no@spam.com (Our Reporter) — Mon, 16 Mar 2009 16:00:24 UTC

Renaissance Capital, a financial services company says non-performing loans in Nigerian banks may double to 20 percent of total credit by 2010.

Oceanic Bank Donates Computers at RSUST Matriculation

no@spam.com (Our Reporter) — Mon, 16 Mar 2009 16:00:24 UTC

Oceanic Bank has donated seven laptop computers to the Rivers State University of Science and Technology (RSUST), Port Harcourt for presentation as the Vice-Chancellor’s prize to the Best Performing students Year One students in the institution’s seven faculties during the 2007/2008 academic session.

Business Leaders Demand Video on the Move

no@spam.com (Our Reporter) — Mon, 16 Mar 2009 14:30:24 UTC

A consumer behaviour study by Ericsson and CNN has revealed that the international business elites are increasingly accessing the internet while on the move. The growing need for flexible viewing options to fit with changing lifestyle habits means that top executives are increasingly viewing TV content on lap-tops, desktop computers and mobile devices.

Zain Customers Raise $85,000 for Mandela Foundation

no@spam.com (Our Reporter) — Mon, 16 Mar 2009 14:30:24 UTC

African Icon, Dr Nelson Mandela may have stepped out of public life but his huge statesman stature remains largely undiminished in the hearts of many Africans.

‘Import Duty Regime not Favourable to Manufacturers’

no@spam.com (Our Reporter) — Mon, 16 Mar 2009 09:30:24 UTC

With its annual turnover in excess of $83bn, Procter & Gamble is the world’s top producer of consumer goods. However, its manufacturing footprint on the African continent is limited to the north and west, with plants in

Egypt

Nigeria

and

Morocco

. The behemoth says it has a long-term view of Africa, especially

Nigeria

. Mr. Stanislav Vecera, managing director/CEO for West Africa, said the company would retain its investment in

Nigeria

in order to continue in serving its customers in the country due to the faith it has in

Nigeria

. He spoke in Lagos recently to Ray Echebiri, Nik Ogbulie and Chris Uba. Excerpts:

Review of the Land Use Act

no@spam.com (Our Reporter) — Sun, 15 Mar 2009 21:00:24 UTC

There is no doubt that land is the most vital ingredient of national socioeconomic development of a nation. Land is wealth no matter its nature or conditions. No land is ever without its purpose. This is because on it depends every economic activity.

South Africa 2010: MTN Grabs the Momentum

no@spam.com (Our Reporter) — Sun, 15 Mar 2009 16:00:24 UTC

MTN, the South African –based GSM operator wants to be the first off the block when it comes to South Africa 2010—the next Football World Cup.

MTN Introduces ‘Textimania’ Game Show for Children

no@spam.com (Our Reporter) — Thu, 26 Feb 2009 19:00:24 UTC

In order to improve the intellectual capacity of secondary school students in Nigeria, MTN has launched ‘Textimania’, an educational television contest for pupils.

The show, which will run on national television for three months, involves various junior secondary schools in Lagos and other parts of the country.

Hyra Motors Launches the Geely CK II

no@spam.com (Our Reporter) — Thu, 26 Feb 2009 19:00:24 UTC

Hyra Motors Limited last week, in Lagos, introduced the Geely CK II to Nigerian users. In his address at the event, Mr. Oluwaseyi Oyinlola, managing director of the company, noted that most Nigerians have growing demand for affordable and durable automobiles that are also easy to maintain.