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 6 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 6 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 6 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 6 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 6 Years ago

Tesla Motors Inc. (TSLA), the electric vehicle maker co-founded by Elon Musk, plans to use only raw materials sourced in North America for its proposed $5 billion U.S. battery factory. The Silicon Valley company won’t look overseas for the graphite, cobalt and other materials needed for its so-called Gigafactory, said Liz Jarvis-Shean, a spokeswoman.
Updated 6 Years ago

North and South Korea exchanged artillery fire on Monday off their disputed western maritime border, Seoul scrambled jets and residents of a South Korean island fled to bomb shelters in the most dramatic escalation of tensions since 2010. One North Korean shell landed in South Korean waters, although none hit South Korean land, unlike in 2010 when a barrage killed two soldiers and two civilians. BACKSLASH BACKSLASH One North Korean shell landed in South Korean waters, although none hit South Korean land, unlike in 2010 when a barrage killed two soldiers and two civilians.
Updated 6 Years ago

Work-life balance is a popular topic of discussion in professional circles today, especially among working mothers. These days, many mothers continue to work while raising children and creating their own companies. According to a 2013 Bureau of Labor Statistics report, both husband and wife are employed in 59 percent of families of married couples with children.
Updated 6 Years ago

The U.S. stock market is a rigged game where high-frequency traders with advanced computers make tens of billions of dollars by jumping in front of investors, according to author Michael Lewis, who spent the past year researching the topic for his new book “Flash Boys.” While speed traders’ strategies, developed over the past decade with help from exchanges, are legal, “it’s just nuts” that they’re allowed, Lewis said during an interview televised yesterday on CBS Corp.’s “60 Minutes.” The tactics are too complicated for individual investors to understand, he said.
Updated 6 Years ago

The Central Bank of Nigeria (CBN) has introduced electronic referencing to quicken process of opening bank accounts.
Updated 6 Years ago