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China Unicom now enlists interest in NITEL23rd February 2010

The controversy trailing the sale of Nigerian Telecommunications Limited (NITEL) last week, subsisted yesterday, as China Unicom (Hong Kong) Limited, which earlier denied any involvement in the bid to buy the telecommunications outfit, said one its unit is indeed interested in making...

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 No deal on NITEL yet, says China Unicom23rd February 2010

NITEL’s privatization took a new twist yesterday when China’s second biggest mobile operator, China Unicom, announced in a statement that one of its subsidiaries, China Unicom (Europe) Operations Ltd is interested...

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Customs nets N432m in Seme...
THE Nigeria Customs Service (NCS), Seme Border Command, recorded a revenue of N432 million last month. This is an increase of about 65 per cent, over what was generated in January 2009...

23rd February 2010

Market capitalisation drops by N28b on the Exchange...
Fresh from the weekend, the market capitalisation of the Nigerian Stock Exchange (NSE), yesterday, dropped by N28 billion or 0.5 per cent, occasioned by losses in the share prices of 39 firms...

23rd February 2010

Nigeria woos mining investors, offers 3-yr tax holiday...
The Minister of Mines and Steel Development Mrs. Dieziani Alison-Madueke yesterday wooed global investors in the mining sector to the Nigeria, saying the country would grant a three-year tax holiday to new...

23rd February 2010

Lagos, consultants unfold Mainland, Badagry model city plans...
Public presentations on model city plans for the Mainland Central and Badagry sub-region masterplan were held last week in Lagos...

23rd February 2010

Small scale mining sector records 500% increase in production...
The intervention of the Sustainable Management of Mineral Resources Project (SMMRP), a World Bank-assisted project for Mines and Steel Development Ministry, has started yielding results as production in Artisanal and Small Scale Mining (ASM) sector has recorded 500 per cent increase...

23rd February 2010

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Columnist Weekly


HOW TO MAKE MONEY THROUGH HAULAGE BUSINESS IN NIGERIA

By Anaekwe Everistus Nnamdi

Haulage involves the transportation of goods by road and railway. It is very important to the socio-economic development of any nation and if the vision 20: 2020 of the present administration is to be achieved, the government would have to develop the transportation system . An efficient transport system is an essential component in the production and distribution of goods...
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Current High Rate Of Returns From The Nigerian Capital Market: Sustainable?

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Comment

Current High Rate Of Returns From The Nigerian Capital Market: Sustainable?
By Alagoah22 11th JAN 2008

There are opportunities for high yield in the market, but the levels pandered around by mostly the large banks don't seem realistic in the long run (not even in the mid term).

But like most markets, those who hit it when it is hot have a lot to gain if they know when to off-load...
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