BUSINESS

US Ambassador, Entwistle Optimistic About Nigerian Capital Market

  Mr. James Entwistle, United States Ambassador to Nigeria said on Wednesday that the improvement in the regulation of the Nigerian capital market and its general business environment will attract more investment from the US into Nigeria. He said this

Lagos to Build 7 Floor Car Park in Onikan

The Lagos State Government says it has began the building of an ultra-modern seven-floor car park at Onikan in Lagos Island. The Commissioner for Works and Infrastructure, Obafemi Hamzat, said this during the ministry’s 2014 press briefing on Wednesday in

Skye Bank Appoints Timothy Oguntayo CEO-designate

Skye Bank’s Board of Directors has confirmed a successor to the present Group Managing Director/Chief Executive Officer, Mr. Durosinmi-Etti who is to retire from the bank on the 31st of July, 2014 to mark the end of his tenure. His

Tiwa Savage as Ambassador for Nestle Maggi Chicken Cubes

  Nestle Maggi Chicken cubes has chosen the First Lady of Marvin Records, Tiwa Savage as its ambassador for its product launch. The managing director of Nestle, Dharnesh Gordhon, made this known in a press conference held at Ilupeju, Lagos.

FBN Microfinance Bank Extends Operations to Other States

      First Bank Microfinance Bank Limited, with 23 branches in Lagos, seeks to extend its operations to other states in the country, especially Ibadan, Oyo State and Abuja FCT among others. This decision was made as a response

NiPHEC 2014 Announces Expo & Conference Highlights

This year’s Nigeria Photography Expo & Conference welcomes over four thousand lovers of photography and exhibiting companies, from all parts of West Africa and beyond. NiPHEC 2014 which takes place April 29 – May 3, 2014 in Lagos, Nigeria, will

World’s Biggest Outdoor Agency to Participate at LASAA’S Africa Sign Expo

Lagos State Signage and Advertisement Agency (LASAA) will hold the African Outdoor Advertising Conference and Exhibition (Africa Sign Expo) between June 25 – 27, 2014 at the Eko Hotel Convention center, Victoria Island. The event, which is being organized by

Nigeria to Host African Internet Governance Forum in July

Nigeria is to host the 3rd African Internet Governance Forum in Abuja. The forum is targeted at considering and adopting efficient ways to improve internet service and internet access in the continent. The secretariat of the Forum announced this on

Meet the Boss: Oo Nwoye, Co-founder Callbase

You meet Oo Nwoye; you meet a pleasant mystery. Young and passionate, Oo Nwoye is an inspiration to young entrepreneurs in technology and in other sectors. CN recently spoke to Oo Nwoye about himself and about his recent start up,

Ohi Alegbe Announced as NNPC Spokesperson

The management of the Nigerian National Petroleum Corporation, NNPC, on Monday announced the appointment of Ohi Alegbe as Group General Manager, Group Public Affairs Division, GGM, GPAD. In a statement signed by Group Executive Director, Finance & Accounts, Bernard Otti,

Toyota Nigeria Unveils 2014 Toyota Corolla

  Toyota Nigeria Limited unveiled its elegant and exquisite 2014 Toyota Corolla at its ultra-modern showroom in Lekki. Also inaugurated was the company’s body and paint repair workshop that is equipped with high tech instruments and gadgets made available for

Zenith Bank’s US$500M Euro Bond Massively Over-Subscribed

Zenith Bank Plc has announced a massive over-subscription of 200% in her US$500m Euro bond issue under a US$1bn Global Medium Term Note (GMTN) Programme announced on 1 April 2014. According to a press release issued this afternoon, the bank’s

Austrian Glass Company Plans Nigeria Entry

  Austria-based glass manufacturer, Lisec Group has revealed plans to enter the Nigerian glass market as it continues its growth strategy in Africa. With its strong presence in Egypt, Kenya and South Africa, it insists for its presence also in

4 Quick Ideas to Help you Change Your Cash Flow Habits As a Coach, Consultant or Trainer

    By Victor Bassey In my experience the most challenging thing about starting on the path to highly paid expert status, is managing the feast and famine periods, you know what I mean? Today you snag the big client

Arik Air Build Mini-Hub to Connect West/Central African Destinations

Arik Air has established a mini hub in Cotonou, the capital of Benin Republic – a 15 minutes flight from Nigeria’s commercial capital, Lagos in a bid to expand its operations to French speaking West and Central African destinations. The

Private Equity Firms Prefer Africa as Investment Destinations

In a survey released last week, majority of private equity firms favor Africa as an investment destination over other emerging markets. Most of these firms are largely drawn to Africa by the potential earnings from the higher economic growth rate

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