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Why LASAA MD, George Noah, Was Removed

Facts are beginning to emerge on what led to the outright removal of the managing director of the Lagos State Signage and Advertising Agency, LASAA Mr. George Noah, from the agency. An authoritative inside source who spoke in confidence with our correspondent disclosed that the former managing director of the agency

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Honda Recalls 700,000 Vehicles

Honda Motor Corporation would recall 742,493 vehicles in China due to airbag problems, said an agency of the Chinese government said at the weekend. The Japanese auto giant would begin the recalls in mid-September 2015, covering 2007-2012 Fit cars, 2007-2008 and 2009-2012 City cars, and 2011 Everus cars, produced between January

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Unilever Q2 Profit Dips By 94%

Things are not looking good for consumer goods group, Unilever Nigeria, as figures coming from its financial statements have been nose-diving in recent time. The company, in its half year unaudited financial result ended June 30, 2014, posted a drop in profit after tax from N1.464 billion in the corresponding period

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Analysts Predict Rates Retention By CBN Today

As the Central Bank of Nigeria (CBN) concludes its 245th Monetary Policy Committee (MPC) meeting today, analysts expect that the apex bank would leave the rates unchanged, especially with the nation’s foreign reserves rising gradually and steadily, while the inter-bank rates remain stable. Analysts also believe that the CBN favours the

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Wema Bank Suffers 31.09% Q2 Profit Loss

• Gets Fitch BBB Rating Management of Wema Bank Plc has submitted the bank’s half year financial result ended June 30 2015 to the management of the Nigerian Stock Exchange (NSE) just as Fitch Ratings assigned BBB rating to the bank. Highlights of the result show that the bank posted gross earnings of

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