Business

LAGOS TO CREATES 50,000 AGRIC JOBS, COMMISSIONS RICE MILL

Saturday, 19 May 2012 18:15
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Barely 24 hours that President Goodluck Jonathan set up an agricultural transformation implementation council charged with the responsibility of creating additional 20 million metric tons of food into the nation's domestic food supply by the year 2015, Governor Babatunde Fashola of Lagos State Tuesday, led the federal delegation to the official kick off of rice processing factory.
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Stocks Futures Rise, Markets To Close Worst Week Of Year

Saturday, 19 May 2012 18:15
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Stock index futures edged up on Friday but major indexes were setting up to close their worst week of the year, while Facebook's debut could help lift battered investor sentiment.

The
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Investors Brace For Facebook Debut On Wall Street

Saturday, 19 May 2012 18:15
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A FACEBOOK APPLICATION LOGO IS PICTURED ON A MOBILE PHONE IN THIS PHOTO ILLUSTRATION TAKEN IN LAVIGNY MAY 16, 2012.
Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1
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Banks' Rising Bad Loans Add To Spanish Troubles

Saturday, 19 May 2012 18:15
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BANKIA BANK SMALL SHAREHOLDERS TAKE PART IN AN ASSEMBLY TO DISCUSS ACTIONS TO TAKE AGAINST THE BANK IN MADRID MAY 17, 2012.
Spanish bank bad loans rose in March to their highest in 18 years, figures from the Bank of Spain showed on Friday, underscoring the problems facing the government as it attempts to clean up the sector and get its economy back on track.

The
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BMW Eyes New Production Sites Abroad: Source

Saturday, 19 May 2012 18:15
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A LOGO OF BMW IS PICTURED ON A CAR BEFORE THE GERMAN LUXURY CARMAKER BMW ANNUAL SHAREHOLDERS MEETING AT THE COMPANY'S HEADQUARTERS IN MUNICH, MAY 16, 2012.
Premium carmaker BMW (BMWG.DE)
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Stocks Futures Rise, Markets To Close Worst Week Of Year

Saturday, 19 May 2012 18:15
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Stock index futures edged up on Friday but major indexes were setting up to close their worst week of the year, while Facebook's debut could help lift battered investor sentiment.

The
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Investors Brace For Facebook Debut On Wall Street

Saturday, 19 May 2012 18:15
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Click for Full Image Size
A FACEBOOK APPLICATION LOGO IS PICTURED ON A MOBILE PHONE IN THIS PHOTO ILLUSTRATION TAKEN IN LAVIGNY MAY 16, 2012.
Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1
Read more... Add new comment

Banks' Rising Bad Loans Add To Spanish Troubles

Saturday, 19 May 2012 18:15
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BANKIA BANK SMALL SHAREHOLDERS TAKE PART IN AN ASSEMBLY TO DISCUSS ACTIONS TO TAKE AGAINST THE BANK IN MADRID MAY 17, 2012.
Spanish bank bad loans rose in March to their highest in 18 years, figures from the Bank of Spain showed on Friday, underscoring the problems facing the government as it attempts to clean up the sector and get its economy back on track.

The
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BMW Eyes New Production Sites Abroad: Source

Saturday, 19 May 2012 18:15
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A LOGO OF BMW IS PICTURED ON A CAR BEFORE THE GERMAN LUXURY CARMAKER BMW ANNUAL SHAREHOLDERS MEETING AT THE COMPANY'S HEADQUARTERS IN MUNICH, MAY 16, 2012.
Premium carmaker BMW (BMWG.DE)
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GOVT TO BORROW $7.9 BILLION, INSISTS NIGERIA IS NOT BROKE

Saturday, 19 May 2012 18:15
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Finds 35,000 ghost workers, saves N14b
FOR the second time in a week, key officials of the Federal Government have maintained that the Nigerian economy is healthy and not threatened by another looming global financial crunch.
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LAGOS TO CREATES 50,000 AGRIC JOBS, COMMISSIONS RICE MILL

Saturday, 19 May 2012 18:15
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By Olasunkanmi Akoni
Barely 24 hours that President Goodluck Jonathan set up an agricultural transformation implementation council charged with the responsibility of creating additional 20 million metric tons of food into the nation's domestic food supply by the year 2015, Governor Babatunde Fashola of Lagos State Tuesday, led the federal delegation to the official kick off of rice processing factory.
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Wall Street Pares Gains On New Questions Over Greece

Saturday, 19 May 2012 18:15
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Stocks pared gains in a volatile session on Wednesday as new questions arose about Greece's political and economic future.

Some fears were allayed after comments from German Chancellor Angela Merkel suggested the euro zone was committed to keeping Greece in the union, but caution reentered the market after sources told Reuters that the European Central Bank had stopped monetary policy operations to some Greek banks as recapitalization wasn't in place.

"People
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FBI's Mueller Confirms JP Morgan Preliminary Probe

Saturday, 19 May 2012 18:15
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FBI Director Robert Mueller on Wednesday confirmed that the agency has opened a "preliminary investigation" into JPMorgan Chase & Co (JPM.N), the nation's largest bank.

JPMorgan disclosed last week that it had suffered a multibillion-dollar trading loss due to a failed hedging strategy.

A
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Airtel to Create 100 Millionaires withNewPromo

Saturday, 19 May 2012 18:15
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Lagos, Nigeria: May 14, 2012. Leading telecommunications service provider Airtel Nigeria,has kicked-off another exciting consumer mega SMS promotion tagged Free Millionaires Club, which will transform 100 customers into instant millionaires while 500 others will step up their social status with the latest Samsung Galaxy Tab 7.0
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Facebook Hikes IPO Range To Raise $12.1 Billion

Saturday, 19 May 2012 18:15
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AN INVESTOR HOLDS PROSPECTUS EXPLAINING THE FACEBOOK STOCK AFTER ATTENDING A SHOW FOR FACEBOOK INC'S INITIAL PUBLIC OFFERING AT THE FOUR SEASON'S HOTEL IN BOSTON, MASSACHUSETTS MAY 8, 2012.
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Wall Street Flat As New Greece Concerns Arise

Saturday, 19 May 2012 18:15
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TRADERS WORK ON THE FLOOR OF THE NEW YORK STOCK EXCHANGE MAY 7, 2012.
Stocks were flat on Tuesday as news that Greece would hold a new election gave investors another reason to be cautious despite several days of equity losses.

Futures
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