Lenovo Targets Sales in Africa, Starts With Nigeria

Lenovo is looking to grow sales of its computers and devices in Africa — but, first from Nigeria — with a partnership model, and sales strategy that would bolster faster adoption and penetration into new and existing markets. It launched

Brazilian President Dilma Rousseff Visits Nigeria, Targets Ties, Trade and Investments

Brazilian President Dilma Rousseff was in Nigeria over the weekend. She came by after the Africa-South America Summit, held in Guinea last week. She met with the President, high level bureaucrats and business leaders, to improve trade ties and corporation

In a First, APR, formerly UBA Registrars, Is Listed on the Nigerian Stock Exchange

Following its listing on the eleventh day of last month, Africa Prudential Registrars Plc (APR) has become the first and only registrar in the country to be listed on the Nigerian Stock Exchange. Formerly known as UBA Registrars, the newly

Transcorp, Bid Winner for Ughelli Power Plant, Signs With BPE to Take Over

The official signing ceremony for the winning bidders of the privatization of the Power Holding Company of Nigeria (PHCN), was held yesterday at the Presidential Villa in Abuja. The ceremony, hosted by the Bureau for Public Enterprises (BPE) and presided

Heirs Holdings: AFEX Announces Executive Appointments in Rwanda

In line with its strategy to build commodity exchanges across Africa, Africa Exchange Holdings (AFEX) announced two key appointments for its subsidiary East Africa Exchange (EAX) in Rwanda. Paul Kukubo, Chief Executive Officer of the Kenya Information, Communication and Technology

Nollywood Actor, Justus Esiri, Dies At 70

It is with a heavy heart that we bring you this news. Renowned Nollywood Actor, Justus Esiri, has been reported to have died. He is said to have passed on in the late hours of Tuesday, February 19th. Asides from

Special Reception for Super Eagles by President Jonathan [PHOTOS]

After the Eagles arrived Nigeria, the President Goodluck Jonathan hosted them at the Aso Villa, gave them national honours and showered them with gifts befitting kings. The team also sat in the National Assembly in a session with the Honourable

Group Advances Plans for N100 billion Hospital, in Abuja

IBT Group, a multinational group that specializes in the development of public works and the integration of construction equipment projects, has put forward a project plan before the Nigeria Minster for Health, Onyebuchi Chukwu, for a world class hospital, in

Creative Industry Awards Announces Finalists, Holds February 23

All is now set for the second edition of the Creative Industry Awards scheduled to hold on February 23, the British Council Gardens, between 6 and 9pm. It promises to be an evening of great inspiration as deserving entrepreneurs in

Price of Business Registration With NIPC Slashed From N50,000 to N15,000

Business registration with the Nigerian Investment Promotion Commission (NIPC) has been slashed to N15,000 from N50,000 in a bid to encourage entrepreneurship, expansion and investments in Nigeria. The Minister for Trade and Investment, Olusegun Aganga, approved the new rate and

National Competitiveness Council of Nigeria, Inaugurated; Posit Plans

Following the inauguration of the National Competitiveness Council of Nigeria (NCCN) at State House, yesterday, by President Goodluck Jonathan, its Chairman the Honourable Minister of Trade and Investment Olusegun Aganga, the Vice Chairman Tony O. Elumelu C.O.N, as well as

Cable Car Mass Transit, to Launch in Lagos, in 2015

The city of Lagos will get cable car mass transit, in 2015, according to an agreement, between the Lagos Government and a Nigerian cable car company, Ropeways Transport Limited. The cable car system, will be the first commercial one, in

Global Launch of International News Channel from Africa – ARISE NEWS

After two days of test broadcasting, a 24-hour international TV – ARISE NEWS – operation set to rival existing giants in the global market will ‘soft launch’ today, February 4, 2013, broadcasting from its main News Centres in London, New

In Agrarian Ijora, Lagos to Build 1008 Housing Units

The Lagos State Government has revealed plans to build 1008 housing units in Ijora – an agrarian community in Lagos, populated by low income earners and certain middle class folks. The plan, made known by the Governor, Babatunde Fashola, will

Nigeria: For 2012, $32 billion was Government Income, from Taxes

The Federal Inland Revenue Service (FIRS) has reported N5.007 trillion ($32 billion) as the Nigerian government revenue from taxes, in 2012. The figure grew by N379.4 billion ($2.4 billion) from the revenue received in 2011. The government reformed the tax

Onitsha Port for Concession in February

The port commissioned in Onitsha, Anambra State – by the President – in September, has been announced ready for concession — in February. This was made known, when the National Good Governance Team, visited Anambra and went to the port

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