BUSINESS

Poor returns, huge debts cast a cloud over Wempco

…as rising costs, declining revenue put 250,000 jobs at risk By AYOOLA OLAOLUWA Western Metal Products Company (WEMPCO), Nigeria’s sole manufacturer of enamelware, a key raw...

POLITICS

Dangers of rising energy cost

At no other time in our history has the country faced the present multifaceted and complicated energy crisis. Virtually every aspect of the energy...

SPORTS

Allegri to bid Juventus farewell at the end of the season

Manager Massimiliano Allegri will bid the Serie A champions Juventus farewell at the end of the season as the club has confirmed that his...

ENTERTAINMENT

Banks explore win-win options in Nigeria’s  entertainment industry

By YUSUF MOHAMMED The Nigerian entertainment industry is no doubt a thriving one and like bees follow nectar, several banks are ptrsently latching onto it. Indeed,...

RELIGION

Onnoghen’s conviction a continuation of Jihad against Christians in Nigeria –...

  The National Christian Elders Forum (NCEF) has described the conviction of Justice Walter Nkanu Onnoghen, former Chief Justice of Nigeria (CJN) by the Code...

FEATURES / INTERVIEWS

Endless tears, blood and death in Nigeria

By OBINNA EZUGWU Nigeria, Africa's most populous nation presents itself as the continent's giant. But it's an acclaim it has lived out in all that...

HEALTH

NDLEA arrests 9,824 drug suspects, seizes 316,365kg drugs

The National Drug Law Enforcement Agency (NDLEA) said it arrested 9,824 suspected drug offenders and recovered 316,365.47 kilogrammes of illicit drugs in 2018. Head of...

INTERNATIONAL BUSINESS

Oil hovers near six-month high as U.S. stockpile build counters supply fears

Oil prices hovered near six-month highs on Wednesday after data showed U.S. crude stockpiles surged to their highest levels since October 2017, countering fears...

Facebook beats profit estimates, sets aside $3 billion for privacy penalty

Facebook Inc on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making...

AfCFTA to curb trade volatility, says World Bank

The World Bank has urged the ratification and effective implementation the African Continental Free Trade Agreement (AfCFTA) as part of efforts to reduce trade...

Top traders foresee oil price to rally around $60s in 2019

Four of the world’s biggest traders expect the Brent oil price in 2019 to largely linger in the $60s a barrel with a slight...

Nigeria, Ghana to strengthen business relations

Nigeria and Ghana are set to explore more areas of business opportunities to further strengthen relations between both countries. Ghanaian High Commissioner to Nigeria, Mr...

ADVERT

Ship owners laud FG’s directive on Cabotage Act

President, Nigerian Ship owners Association (NISA), Capt. Olaniyi Labinjo, on Wednesday commended the Federal Government’s directive that the Nigerian Maritime Administration and Safety Agency (NIMASA) should strictly...

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Cola War: Bigi topples Big Cola, dominates S/West soft-drinks market

Bigi Cola, a product of an indigenous company, Rite Foods Limited - launched in December 2007 as a subsidiary of the Ess-Ay Holdings Limited...

COLUMNIST

The Diamond Bank Sale and Pascal Dozie’s moral burden (3) ...

BY PRINCE EMEKA OBASI  By 2014, Diamond bank had attained the peak of its meteoric rise. The broad expectation was that it would morph into...

The Diamond Bank Sale and Paschal Dozie’s moral burden (2)

By PRINCE EMEKA OBASI At the end of the consolidation programme, Diamond Bank managed to scrape through the steep recapitalisation requirements after a moderately successful...

(Eyes on power) UBA @ 70: Can the Global Bank become...

Last week UBA Plc, the Global Bank, rolled out the drums to mark its 70th anniversary. The celebration is well deserved and we rejoice...