The top 10 performing stocks last week were Learn Africa Plc, University Press Plc, Ashaka Cement Plc, Guinness Nigeria Plc, Costain (West Africa) Plc and International Energy Insurance Plc.
Updated 5 Years ago

Tech companies are looking to recover this week as speculative tech stocks drove down the NASDAQ Index last week, causing investors like Facebook's Mark Zuckerberg to lose more than $3 billion. Last week bio-tech and internet companies took a tumble on Wall Street- the NASDAQ Composite Index dropped 2.8 percent, the biggest dip since 2012. The index began to regain traction on Asian floors Monday, and is up 0.11 percent.
Updated 5 Years ago

The Nigeria Sovereign Investment Authority (NSIA) which is responsible for the management of Nigerian Sovereign Wealth Fund (SWF) has reported a total income of N505.694 million for the 15 months which ended December 2013.
Updated 5 Years ago

Chinese President Xi Jinping has wrapped up his official European tour. His hosts have pampered the head of state and his 200-strong business entourage as the two economic blocs work towards a multi-billion dollar free trade agreement. The world’s second-biggest economy is a strategic ally for the EU, especially as relations with Moscow have become frosty over action in Ukraine.
Updated 5 Years ago

The FCMB Group Plc has reported a 12 per cent rise in its profit before tax for the financial year ended December 31, 2013
Updated 5 Years ago

In a bid to ensure long term market protection, the Nigerian Stock Exchange (NSE) has set new minimum operating standards for all Dealing Members licensed by the bourse, effective January 1, 2015.
Updated 5 Years ago

As part of efforts to promote inclusive banking and the cashless policy, Access Bank Plc has opened a self-service electronic branch in Ikota, Lagos State. The bank said the self-service banking service is its innovative response to smart-banking revolution craved by customers.
Updated 5 Years ago

I recently wrote about how desperate companies are for new ideas, with open innovation changing the game. But what if you’re not creative and don’t have any ideas? You can still take advantage of this enormous opportunity even if innovation isn’t your thing. How? By becoming a product scout. Talented product designers need help connecting their ideas to the companies who might want to buy them -- and vice-versa. If you enjoy working with people -- talking on the phone and connecting friends -- this could be the right job for you. The reality is, top design schools are churning out product developers in all disciplines, from shoes to cars to toasters. These designers are truly talented -- I know because I’ve met them and seen their ideas. Unfortunately, many of their ideas will never see the light of day.
Updated 5 Years ago

"Entrepreneurs, generally, are more about doing than talking about doing, and if that's not in your nature, I think you're going to struggle as an entrepreneur," says Benjamin Yoskovitz, a Halifax, Nova Scotia-based angel investor and vice president of product for software-development platform GoInstant. Jason Lucash, co-founder and CEO of Costa Mesa, Calif.-based OrigAudio, sums up the entrepreneurial psyche this way: "The entrepreneur is terrified of being the person who sees that someone else came up with the same idea five years from now."
Updated 5 Years ago

The Australian vessel Ocean Shield is scheduled to depart today to search forMalaysian Air Flight 370 after being fitted with an autonomous underwater vehicle and equipment to detect the missing plane’s black-box recorder. Ten aircraft and 10 ships from nations including China, Japan, the U.S., New Zealand, Malaysia and South Korea will take part in the search off the coast ofWestern Australia today, the Australian Maritime Safety Authority said in a statement. Some parts of the search zone will experience low cloud and rain.
Updated 5 Years ago