Toyota Opens Ultra Modern Body and Paint Repair Workshop‏

  Toyota has opened the $2 million ultra-modern body and paint repair workshop equipped with high-tech equipment for use. Managing Director of Toyota Nigeria Ltd, Mr. Chandrasheker Thampy, has said that the workshop, located at the company’s facility at Oregun

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

African Music Stars Join to Promote Agriculture in the Continent

ONE.org has launched one of the continent’s largest musical collaborations titled which saw the release of a song titled, ‘Cocoa na Chocolate’. This was launched in support of a new campaign to boost investments in Africa in the area of

Oyo Govt. Reveals Plans For Economic Summit 2014

Oyo State Government has concluded plans to hold its first economic summit in conjuction with the International Institute of Tropical Agriculture (IITA) in Ibadan in April 14th – 15th, 2014. The Ministry of Trade, Investment and Cooperatives told journalists at

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

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

Events This Weekend; 11th-13th April

2014 Virtual Conference on Youth Employment This event aims to empower Nigerian youths for better livelihoods. Nigerian youths will get the opportunity to discuss issues affecting education, employment and entrepreneurship for Nigerians. Date: Thursday 10th April 2014 – Monday 21st

Samsung Galaxy S5 Goes on Sale Today

Samsung Galaxy S5 goes on sale today. Samsung’s premium Galaxy S series, Galaxy S5, officially goes on sale in Nigeria and other countries of the world today. It will be made available through authorized Samsung partner stores in Nigeria as

FG Appoints New DG for NITDA

  President Goodluck Jonathan approved the appointment of Mr. Peter Jack as the Director-General for the National Information Technology Development Agency. This approval came in a statement on Wednesday in Abuja which said that his appointment was for a first

Rice Production to Boost Nation’s GDP by $9bn, Says Adesina

Dr. Akinwunmi Adesina, the Minister for Agriculture and Rural Development, has predicted that when new investments on facilities for rice production and processing becomes fully operational, rice would be adding about $9 billion yearly to the nation’s GDP. He made

Jonathan Okeremute Wins Animation Competition

  Nigerian author, Jonathan Okeremute, has emerged winner of the Nigerian Film Corporation, NFC, competition on children’s animation and film project in script writing. This is contained in a statement issued on Thursday, April 10, 2014, by the NFC’s Head

Experts List Ways to Accelerate Electricity Delivery to Lagos

Against the reported dwindling daily supply of electricity to Lagos State, experts and stakeholders in power, gas and related sectors have canvassed for significant improvement in the current gas supply across the country as one of the critical issues that

Sulaiman Bolarinde Famro Emerges as one of the ten Finalists of the Innovation Prize for Africa

  Sulaiman Bolarinde Famro has been announced as one of the ten finalists of the Innovation Prize for Africa (IPA) by the African Innovation Fund (AIF). These ten African innovators have succeeded in creating practical solutions to some of the

Nigerian Breweries Announce N43.1 Billion Profit

Nigerian Breweries has announced a profit of N43.1 billion after tax for financial year ended December 31, 3013. This reflects an increase of 13.2 percent when compared to N38 billion recorded in the same period in 2012. The company’s revenue

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