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Category: Business

codewit.com publishes an up-to-the-minute report of business and Nigeria financial news with personalized stock quotes as well as investing tools and tips.

Business

Central Bank of Nigeria in Policy Somersault

Anthony-Claret Ifeanyi Onwutalobi Anthony-Claret Ifeanyi OnwutalobiMay 2, 2010
A well-targeted policy reform does involve a process of adaptation and learning the outcomes with regard to the reform targets. Nevertheless, it is axiomatic and development experts agree that the...
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Business

Africa- Toxic ideology dump

Anthony-Claret Ifeanyi Onwutalobi Anthony-Claret Ifeanyi OnwutalobiApril 3, 2010
As part of the fall-out from the financial crisis, business schools are now seen as training grounds for what FDR once called malefactors of great wealth–the more prestigious the business...
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Business

Shell Threatens Further Shut Down of Gas Plants

Anthony-Claret Ifeanyi Onwutalobi Anthony-Claret Ifeanyi OnwutalobiMarch 2, 2010
The increase of 3,362mw of electricity generation recorded by the Power Holding Company of Nigeria (PHCN) last weekend may be short-lived as Shell Petroleum Development Company (SPDC) has again threatened to...
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Business

Confusion Grows on Nigerian Telecom Bid

Codewit Correspondent Codewit CorrespondentFebruary 18, 2010
HONG KONG—Confusion around the bidding for a 75% stake in Nigerian Telecommunications Ltd. grew as the CEO of the Nigerian company involved in the winning consortium said China Unicom (Hong...
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Business

Walmart offers dumped workers a tissue

Codewit Correspondent Codewit CorrespondentFebruary 4, 2010
It's been a rough few weeks for Sam's Club workers. First came the announcement that ten Sam's Club stores in the United States would close and the 1,500 employees who...
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Business

Walmart changes game plan for Canada

Codewit Correspondent Codewit CorrespondentFebruary 4, 2010
Walmart is having second thoughts about its master plan for Canada, at least that’s what some of the analysts are saying. According to a recent industry report, the world’s largest...
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Business

FirstRand Plans Retail, Commercial Banking in Nigeria

Codewit Correspondent Codewit CorrespondentJanuary 12, 2010
Jan. 12 (Bloomberg) -- FirstRand Ltd., South Africa’s second-biggest financial-services company, said it plans to start a division in Nigeria that will include commercial and retail units. (more…)
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Business

Wal-Mart May be Looking at Entering S. Africa, Pick & Pay Says

Chukwurah C. Chizoba Chukwurah C. ChizobaOctober 23, 2009
Oct. 21 (Bloomberg) -- Wal-Mart Stores Inc. may be looking at entering the South African market in the next five years and has been “sniffing around” for opportunities in Africa’s...
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Business

How Amazon can beat Wal-Mart’s pricing game

Codewit Correspondent Codewit CorrespondentOctober 23, 2009
Instead of fighting a price war it can't possibly win, the online retailer should back off and cede the low ground. (more…)
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Business

Wal-Mart keeps conservative U.S. growth approach

Codewit Correspondent Codewit CorrespondentOctober 23, 2009
SAN FRANCISCO, Oct 22 (Codewit) - Wal-Mart Stores Inc (WMT.N) said on Thursday it will keep its conservative approach to U.S. expansion as it pours resources into renovating stores or...
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Posts pagination

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