Love Chocolate? 4 Reasons Why Nestle's Cocoa Plan Is Not Enough
Source: Forbes
Lagos :: Nigeria | updated 2013-05-24 03:14:30 -0700 | business-news
Reasons Why Nestle's Cocoa Plan Is Not Enough Nestle announced yesterday the U.S. launch of their global cocoa sustainability initiative the Nestle Cocoa Plan . And while the Plan is nice step in the right direction, it falls short of...
Is Now the Time to Jump Back Into Tanker Stocks?
Source: The Motley Fool
Lagos :: Nigeria | updated 2013-05-22 08:56:33 -0700 | business-news
Rupert is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. The oil tanker trade is growing at its fastest rate in more than a decade according...
ConocoPhillips pulls back on plan to sell Canadian oil sands assets
Source: The Globe & Mail
Lagos :: Nigeria | updated 2013-05-21 03:58:03 -0700 | business-news
EDT Tthe Surmont oil sands project, co-owned by ConocoPhillips and Total. (Nathan VanderKlippe/The Globe and Mail) ConocoPhillips Co. Canadian oil sands assets after it exceeded its target for raising capital by divesting energy properties elsewhere in the world.
Shell's succession plans in focus at annual meeting
Source: The Economic Times
Lagos :: Nigeria | updated 2013-05-20 17:21:41 -0700 | business-news
Royal Dutch/Shell CEO Peter Voser may be making his last appearance on the podium at the company's annual shareholder meeting on Tuesday, turning the spotlight on management's plans for a successor. Voser announced his surprise decision three weeks ago to...
Africa: Ernst & Young Wants Barrier to Trade in Africa Removed
Source: All Africa
Lagos :: Nigeria | updated 2013-05-20 06:52:12 -0700 | business-news
The Ernst & Young, an international professional service firm, has stressed the need for Nigeria and other African countries to initiate policies that will lead to the removal of barriers to trade in the continent. The Regional Managing Partner, Ernst...
Nigeria: Foreign Investors Take U.S.$2.7 Billion Out of Nigeria in Three Months
Source: Africa Headlines
Lagos :: Nigeria | updated 2013-05-20 06:43:35 -0700 | business-news
This was indicated by the Central Bank of Nigeria (CBN) in its economic report for the first quarter of 2013. According to the report, foreign exchange outflow from the economy in the first was $6.54 billion. This outflow was dominated...
Nigeria seeks help with tackling oil theft
Source: United Press International
Lagos :: Nigeria | updated 2013-05-20 03:46:27 -0700 | business-news
The U.S. and British governments are willing to help Nigeria address rampant crude oil theft from the Niger Delta, the petroleum minister said from London. The Movement for the Emancipation of the Niger Delta rebel group in April said it...
United to restart 787 flights on Monday
Source: Kansas City Star
Lagos :: Nigeria | updated 2013-05-23 22:23:49 -0700 | business-news
May 19 AP Airlines Writer United Airlines is getting its 787s back in the air. More News The planes are returning after being grounded for four months by the federal government because of smoldering batteries on 787s owned by other...
Venturing into the frontier markets
Source: The Globe & Mail
Lagos :: Nigeria | updated 2013-05-19 16:58:59 -0700 | business-news
While most of us focus on the market noise emanating from the developed world and the biggest emerging markets the austerity vs. stimulus battle, the guarded pronouncements of harried central bankers, the quarterly blitzes of earnings reports and the latest...
Managing matters of money no easy task
Source: Daily Nation
Lagos :: Nigeria | updated 2013-05-19 10:21:14 -0700 | business-news
My interview with Mr Binay Dutta is delayed by about 30 minutes...The meeting seems to go on forever, but I learn later that is how most of Mr Dutta's days are like. He spends a good part of his day...
Indian, Nigerian teams win Africa business contest
Source: NewKerala
Lagos :: Nigeria | updated 2013-05-18 01:04:40 -0700 | business-news
India's Life Catalyst Technologies and Nigeria's Jorsey Ashbel Farms won the 2nd Indiafrica Business Venture Competition held as part of the ongoing IndiAfrica Festival here, a statement from the organisers said Saturday. Four teams from India, two from Nigeria and...
Off the Charts: A Troubling Survey on Global Corruption
Source: International Herald Tribune
Lagos :: Nigeria | updated 2013-05-17 05:28:43 -0700 | business-news
Multimedia Bribery scandals have dominated headlines in several countries in recent months, among them India and Nigeria. International enforcement of antibribery laws has been increasing in the United States and major European countries. A new survey of corporate officials and...
Oil Update: Premier Oil, SOCO International, and Afren
Source: The Motley Fool
Lagos :: Nigeria | updated 2013-05-16 14:52:23 -0700 | business-news
The performance of these shares over the last year has been a pretty mixed bag...Soco International has provided the best recent returns recently, although its share price is effectively flat over the last seven years. A long-term favorite on the Fool...
Nigeria: FG to Increase Foreign Borrowing, as Debt Hits N6 Trillion - Finance Minister
Source: Africa Headlines
Lagos :: Nigeria | updated 2013-05-16 06:16:08 -0700 | business-news
The Federal Government will increase its foreign borrowing using part of the loans to offset its domestic debt, the Minister of State for Finance, Yerima Ngama, has said. Mr. Ngama who briefed journalists after the weekly Federal Executive Council meeting...
Nigeria: Nigeria's Oil Sector At Crossroads - Report
Source: Africa Headlines
Lagos :: Nigeria | updated 2013-05-16 02:27:02 -0700 | business-news
The Resources Governance Index of the Revenue Watch Institute (RWI) has ranked Nigeria weak in its oil revenue. Report of the Institute for 2013 released yesterday in the United States said Nigeria's hydrocarbons sector is at a crossroads as a...
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