Nigeria’s Dunn Loren Merrifield Wins Best Investment Bank at 2014 IFM Awards

    Dunn Loren Merrifield won the award for Best Investment Bank, Nigeria at the 2014 edition of the IFM International Financial Awards. The award is part of the first 14 awards recently announced by IFM on their website. Dunn

Transport Minister Commends NPA on E-Payment system

    Senator Idris Umar, Minister of Transport has commended the management of Nigeria Ports Authority for introducing electronic payment solutions for all business transactions in the nation’s seaports. He gave this commendation in Lagos and affirmed his support and

US Partners Nigeria’s Youths In Nembe On Film Production‏

  The rebasing of the Nigerian economy has shown that the Nigerian movie industry’s contribution to the economy is on the rise. The United States and the Nembe Kingdom of Bayelsa State are now in a partnership to help reduce

F.G to Invest N1.3 Trillion in Gas to Develop Electricity Supply

  The Nigerian government has revealed that it will invest $8 billion (N1.3 trillion) in the development of the nation’s local gas potential to boost electricity supply across the country. This was made known by Vice President Namadi Sambo, when

Aliko Dangote to invest $2.3 Billion in Rice and Sugar Production in Nigeria’s Northern Region

Nigeria and Africa’s richest man, Aliko Dangote, have announced plans to invest $2.3 billion in rice and sugar production in Nigeria’s northern region in a bid to combat poverty and insurgency. Dangote, who was speaking during a plenary session at

Lafarge WAPCO Announces N8.6 Billion Profit Before Tax for Q1 2014

    One of the major manufacturers of cement in Nigeria, Lafarge WAPCO Nigeria plc has announced an income before tax of N8.6billion compared to N7.2billion recorded in Q1 2013- a 20% increase. In a statement released by the company,

How to Find the Perfect House

  One of the most stressful things to do is house-hunt, especially if you haven’t a clue what to look for and how. I, having the unfortunate advantage of not being born in Lagos, had to find my own place

Nigerian Businessmen Awarded 7 Oil Blocks in Kenya

  According to reports by News Agency of Nigeria, NAN, some Nigerian businessmen have been awarded seven oil blocs for exploration from the 46 newly discovered oil blocs in Kenya. The chairman, Kiprono Kittony, of the Nigeria-Kenya Chamber of Commerce

Ex Eagles skipper, JayJay Okocha, Unveiled as Bullet Energy Drink Brand Ambassador

    Former Super Eagles skipper and Bolton Wanders FC skipper, Austin ‘Jay-Jay’ Okocha, has been unveiled as brand ambassador for Bullet Energy Drink. “It was an easy decision to choose Jay-Jay as a face for Bullet Energy drink. His

Mo Abudu, Ladi Balogun, Makhatar Diop, Adebola Williams, Others Speak at the 2014 NYU Africa Economic Forum

  Chief Executive Officer of EbonyLife TV, Mo Abudu, was a speaker at New York University’s Annual Economic Forum (AEF) on April 26, 2014. The speakers and attendees dialogued on the theme: “The African Gold Rush: Realities of Africa’s

FG, USAID Plan to Reduce Cost of Business in Nigeria

  The Federal Government is developing a road network as part of new package that will reduce the cost of business in the country by decreasing transportation costs. The pilot road project, which will connect Lagos to the North

Transcorp, NNPC Sign Production Sharing Contract

  Transnational Corporation of Nigeria (Transcorp) and the Nigerian National Petroleum Corporation (NNPC) signed a production sharing contract (PSC) last Friday for the exploration and production of Oil Prospecting Lease (OPL) 281. Transcorp has committed itself to a work

Nigeria, South Africa, Egypt Account For Half of Africa’s Economy, World Bank

  According to new data released by the World Bank Group last week, Nigeria, South Africa and Egypt account for about half of the African economy. The report said that low income economies, as a share of world GDP,

Nigerian, Oloruntobi Dare, Wins Gates Millennium Scholarship

A Nigerian student in the United state of America, Oloruntobi Dare, a senior at the Hubert Flowers High School has been announced the winner of the Gates Millennium Scholarship 2014, which has less than 10 percent acceptance rate. Oloruntobi Dare,

Nigeria Rated Heaviest Users of Automated Teller Machines, ATM

Nigeria has been rated the heaviest users of Automated Teller Machines, ATM, in the world. This is contained in a recently released study by EY, a global business and financial advisory firm. The study also rated Nigeria as one of

UBA Capital Grows Profit by 106% to N1.8bn

  UBA Capital Plc, has recorded a growth of 106 per cent in profit after tax to N1.8 billion for the year ended December 31, 2013. Speaking at the first annual general meeting in Lagos yesterday, Chairman of UBA Capital,

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