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Category Archives: Business

Airtel Unveils Trybe for Nigerian Youths

…Offers free SMS, social media and 11k per sec for students across all Nigerian Campuses Lagos, Nigeria; November 27, 2014: Leading telecommunications operator, Airtel Nigeria, has unveiled yet another innovative offering; ‘Airtel Trybe’ specially designed to cater for the needs and lifestyle of the youth market segment. Airtel Trybe is enhanced with features which offer youths the experience and benefits ... Read More »

Promasidor MD, others appointed NBCC board members

The Managing Director & Chief Executive Officer of Promasidor Nigeria Limited, Mr Olivier Thiry, has been appointed into the Board of the Nigerian-Belgian Chamber of Commerce (NBCC). Thiry is one of the nine new board members announced recently by the President of the bilateral chamber, Tunde Okoya. Other members of the board include, Abdullahi Sanni, vice president of the Chamber ... Read More »

Breaking News: Mrs. Diezani Madueke Elected OPEC President

Nigerian petroleum Minister Mrs. Diezani Allison Madueke is the first female President of the Petroleum Exporting Countries (OPEC). She has been elected today (27.11.2014). For the development of Nigeria and for strategic reasons in the spirit of peaceful coexistence, Nigeria who had wanted the position of Sec. Gen. of OPEC settled for the presiden Read More »

GE’s Distributed Power Expands Presence in Nigeria

CAPTION (L-R): Lon Mahan, COO: IGPES Gas and Power; Uzoma Ekpecham, Managing Director/CEO: IGPES Gas and Power; Oluwatoyin Abegunde, Channel Partner Manager: GE’s Distributed Power; and Sunny Okpodu, Business Development Manager, IGPES Gas and Power; at the Waukesha gas engines distributor agreement signing ceremony between General Electric and IGPES Gas & Power in Lagos…recently GE’s Distributed Power Expands Presence in ... Read More »

EFCC Arraigns Prisons Accountant November 14

The Economic and Financial Crimes Commission (EFCC) will tomorrow Friday November 14, 2014 arraign Mrs. Imaobong. Akon Esu- Nte, the Head of Capital Accounts Unit of the Nigerian Prison Service before a Federal Capital Territory High Court (21), Apo, on charges bordering on stealing and money laundering. Esu- Nte, was first arrested by the anti-graft agency in May, following suspicious ... Read More »

U.S APPOINTS GE AFRICA CEO INTO PRESIDENT OBAMA’S ADVISORY COUNCIL

Jay Ireland, President and CEO of General Electric Africa (GE Africa) has been named as one of the 15 private sector leaders to President Obama’s Advisory Council on Doing Business in Africa. The new appointees represent small, medium, and large companies from a variety of industry sectors. They will provide expert counsel on strengthening U.S partnerships with African countries and ... Read More »

NB Plc voted the most active company in CSR activities at SERA 2014

Nigerian Breweries Plc , the nation’s leading brewing company has been voted the most philanthropic corporate entity in Nigeria for the year 2014. The company dusted fierce competition to win the Most Active Company in CSR Activities of the Year at this year’s edition of the annual Social Enterprise Report and Awards – SERA which held in Lagos at the ... Read More »

Oil Producing Nations Must Restrategize To Overcome Challenge Of Falling Oil Prices – President Jonathan

President Goodluck Ebele Jonathan said Monday in Abuja that oil producing countries must cooperate more and work together to overcome the current challenge of falling crude oil prices. Speaking at an audience with Angola’s new Ambassador to Nigeria, Mr. Eustaquio Janeiero Quibato, President Jonathan said that African oil producing countries particularly needed to come together and strategize on the best ... Read More »

Chief Sony Odogu, Obafoluke Otudeko, Cosmas Maduka, Mustapha Chike Obi, Chuma Okafor, to Speak at the Nigeria Leadership Summit 2014 themed “ENTREPRENUERIAL NATION”

Some of the Nigeria’s brightest and best Entrepreneurs will be headlining this year’s Nigeria Leadership Summit which is holding on Thursday the 11th of December at the Oriental Hotel Lekki Lagos at 8am. This year the Summit is themed “Entrepreneurial Nation and in this regard the Nation ‘s most successful Entrepreneurs in various fields are going to be taking the ... Read More »

Skye Bank completes payment for Mainstreet acquisition.

Skye Bank Plc has completed the purchase of 100 per cent shares of Mainstreet Bank from the Asset Management Corporation of Nigeria (AMCON). The last tranche of the money for Mainstreet Bank acquisition was paid to AMCON on Friday, October 31 ahead of the November 3 deadline. The 80 per cent balance payment was made to AMCON in fulfillment of ... Read More »