By Emele Onu, 08.05.2010 The banking sector made a loss-after-tax of N848 billion in 2009 with profitability ratios becoming meaningless, according to reports by Agusto & Co. The credit rating and research agency disclosed in its 2010 Banking Industry Report released in Lagos this week that “for the first […]

    Unilever reports 39 percent increase in second quarter net profit On Thursday August 5, 2010, 2:35 am Unilever NV says second quarter net profit rose 39 percent, beating analyst expectations, as the maker of Lipton tea, Dove soap and Ben & Jerry’s ice cream continued its push to […]

    By Goddy Egene, 08.05.2010 The stock market witnessed a rebound yesterday as strong indications emerged that the efforts by the Senate Committee on Capital Markets to reconcile feuding business mogul, Alhaji Aliko Dangote and Director-General of Nigerian Stock Exchange (NSE) Prof. Ndi Okereke-Onyiuke are yielding fruits. Unlike the […]