BUSINESS

Dell Introduces New Line of Tablets and Updated XPS Laptops

Dell has introduced a new line of tablets and XPS LAPTOPS. The Dell Venue line of tablets is comprised of four new ultra-thin models with great design while the new XPS laptops, each with breakthrough displays. The new XPS 11,

IBM to Support ICT Development in Africa

International Business Machines (IBM) has said it will support ICT development in Nigeria and Africa. The President of IBM, Ms. Ginni Rometty, during a visit to Nigeria recently, met with the Minister of Communications Technology, Omobola Johnson, and spoke about

Airtel Launches ‘Africa Connect’ to Enhance Connectivity in Africa

Airtel has launched Africa Connect Network, aimed at enhancing Africa’s connectivity, so as to contribute to the growth of internet and data services across the continent. Airtel’s Africa Connect has an integrated fiber and satellite network with 42 Points of

Expert Canvasses Plan for ‘Lagos Silicon Village’

Tomiwa Idowu, one of the partners at Hudson & Idowu, has said that Lagos will become Africa’s technology hub by 2020, and he’s pushing the idea in a project called “Lagos Silicon Village”, which also includes the construction of a

1,000 Exhibitors to Participate at the 2013 Lagos International Trade Fair

The 2013 edition of the Lagos International Trade Fair expects to have 1000 exhibitors, according to organisers of the event, billed to hold from November 1st – 10th at the Tafawa Balewa Square (TBS), Lagos. The organisers say they have

Irish Firms Set to Invest in Nigeria – Envoy

The Irish High Commissioner to Nigeria, Mr. Patrick Fay, has stated that Irish firms are ready to invest in Nigeria. He made this known at an event in Abuja. He also said, “Efforts are being made to boost commerce between

Importing Foreign Currencies Without Our Authorization Now Illegal – CBN

“Importing foreign currencies without our authorization is now illegal,” says The Central Bank of Nigeria (CBN), in a move following the withdrawal of operating licenses of 20 Bureaux de Change (BSCs). In a statement by the CBN, signed by its

We Will Transform Ten Million Lives in Ten Years – Elumelu

Nigeria’s business mogul, investor, and philanthropist, Tony Elumelu, recently spoke at the Clinton Global Initiative on the objectives of the Tony Elumelu Foundation and its peculiar interest in engineering growth among SMEs in the African continent. According to Elumelu, economic

Apple, Google and Coca-Cola Are World’s Most Valuable Brands

Apple, Google and Coca-Cola are the world’s most valuable brands, according to Interbrand, a consulting firm that ranks global brands. It put the brand value of Apple at $98 billion, with 28% change in brand value from the previous year.

Economic Update: US and Eurozone Exhibit Pool of Mixed Data

The US proclaimed mixed economic news during the course of last week, some areas of the economy showing an onward and upward move and some lagging slightly behind. According to data released on Tuesday, September 24th, the Consumer Confidence for

SEC wins Most Innovative Capital Markets Regulator Award

Nigeria’s Securities and Exchange Commission (SEC) has won the 2013 Africa Index Series Award for the “Most innovative Capital Markets Regulator” the second year in a row. Winning the award back – to – back, is due to several multifaceted

AfDB in Partnership to Launch Africa50 Fund for Infrastructure Development

Made in Africa Foundation (MIAF) has partnered with African Development Bank (AfDB) to Launch Africa50 Fund, to catalyse funding for Africa’s largest infrastructure delivery vehicle. They intend to raise $500 million for Africa50’s project development arm by the first half

NNPC Earns $20.9 Billion from Crude Oil Sales in 2013

The Nigerian National Petroleum Corporation (NNPC) has put its 2013 revenue from oil sales for Year to Date, at $20,907,063,959.35 from 191,939,235 barrels of crude oil sold. NNPC did in a presentation to the Committee of Petroleum (Upstream) of the

Gaming Platforms Gaining Ground in Africa; Nigeria’s ‘ChopUp’ Plans Launch

ICT professionals are rapidly exploiting opportunities that development of gaming software is gaining in the market. DEMO Africa, the launch pad for emerging technologies will be launching 3 gaming products; Spyros Entertainment from Egypt; Kenya’s Jooist; and Nigeria’s ChopUp. ChopUp

Juwah, Aregbesola, Implore Govt to Use ICT for Public Service Delivery

Dr. Eugene Juwah, Executive Vice Chairman of the Nigerian Communications Commission (NCC), has called on all governments within the federation to adopt Information and Communication Technology (ICT) tools in carrying out public service. The NCC boss, who was speaking at

How to Make Money from Parties in Nigeria: A Lecture by Gov. Fashola

Opening a business for mobile restrooms, or a venue-clean up service for parties in Lagos can make you rich. So says the Lagos State Governor, Babatunde Fashola, noting that an estimated N36 billion is spent every year on merrymaking and

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