Owen Corporation Launches Career Software Pathevo in Nigeria

US-based Owen Software Company has introduced Pathevo, an education and career planning software solution in Nigeria. The software assists those in science, technology, engineering and mathematics (STEM) education and career on aspects of information and decision making. At the launching

AfDB Approves $153M Financing for Nigeria’s Agricultural Transformation Agenda

The Board of Directors of the African Development Bank has approved an ADF loan of $ 152.12 million and an ADF grant of $ 0.38 million to finance Nigeria’s Agricultural Transformation Agenda Support Program Phase 1 (ATASP-1), AfDB has announced.

Lagos: Governor Fashola Presents N489.69b 2014 Budget to State Assembly

The Lagos State Governor, Babatunde Fashola, has, for the 2014 fiscal year, proposed a budget of N489.69 billion to the Lagos State House of Assembly. The budget was a ten billion reduction from the 2013 N499.604 fiscal year budget. In

Main One Gets Loan Facility; To Build Data Centre

Main One Cable Company, a communications services company with submarine cable from Portugal to West Africa, has signed $100 million re-financing facility agreement with four Nigerian banks. It has also announced its intention to complete a $25 million data centre

FG Hands Over PHCN to New Owners

The Federal Government of Nigeria handed over the Eko Distribution Company, Marina, Lagos to the new owners, West Power and Gas Limited on November 1, 2013. On the same day in 10 different locations across the country, similar ceremonies involving

Eaglets’ Win Over Uruguay Brings Team Closer to U-17 World Title

Two strikes from Taiwo Awoniyi has helped the Nigerian Golden Eaglets secure a berth in the semi final of the FIFA U-17 World Cup in the United Arab Emirates (UAE). Awoniyi’s first goal came in the 17th minute of the

CBN Governor Delivers Keynote Address at Connect Nigeria e-Business Fair

Mallam Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria, on Saturday 26th October, delivered a keynote address at Nigeria’s first e-business fair, organised by Connectnigeria.com. The CBN Governor’s address, titled “Importance of a Cashless Society to Economic Growth

e-Business Fair Gathers Thousands of SMEs With Industry Experts

Connectnigeria.com hosted over two thousand visitors at the Orchid Hall, Expo Center, Eko Hotel and Suites on Saturday 26th October 2013 to its annual business fair, which was themed “E-Business and the Growth of Your Enterprise.” Present at the event

WIMBIZ Holds Annual Conference

Women in Management, Business and Public Service (WIMBIZ) is set to hold its 12th Annual Conference on Monday, 4 and Tuesday, 5 November, 2013 at the Zinnia Hall, Eko Hotels & Suites, Victoria Island, Lagos. The conference, which is themed

Zenith Bank Announces N69Bn Profit After Tax for 9 months in 2013

Zenith Bank Plc has reported N69 billion as its profit after tax (PAT) for the nine months ending September 30, 2013. It submitted the report to The Nigerian Stock Exchange (NSE) saying loans and advances portfolio hit N1.1 trillion. The

Partial Solar Eclipse to Occur in Nigeria

The Director-General of the National Space Research and Development Agency (NASRDA), Seidu Mohammed has disclosed that a partial solar eclipse will occur in different parts of the country on Sunday, November 3rd. He made this known to reporters, explaining what

Maersk Celebrates 25 Years in Nigeria

Maersk Nigeria Limited (MNL) is celebrating its 25th anniversary. The firm, an arm of the International Maersk Group known for sea liners and shipping, is donating to charities, some of which its staff visited bearing various items and offering other

Doing Business Report: World Bank Ranks Nigeria 147

The World Bank, in its ease of doing business report released Tuesday and titled “Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises”, ranked Nigeria 147 of 189 countries surveyed. The report looks at ten indicators, including business registration,

Stanbic IBTC Announces N20 Billion Profit for 9 months in 2013

Stanbic IBTC has announced its pretax profit for 9 months in 2013 in a filing with the Nigerian Stock Exchange. It submitted that profit rose by 126 percent to 20 billion naira from 9 billion naira in the same period

Nigeria-Russia Trade Volume Stands at $250m

The Russian Ambassador to Nigeria, Nikolay Udovichenko has announced that trade volume between Russia and Nigeria has hit $250 million. He made this known at the Nigeria-Russia Business Forum, titled Nigeria-Russia Cooperation: New opportunities. He said, “In terms of statistics,

Lagos Poultry Revenue Hits N44.88 Billion – Commissioner

The Lagos Commissioner for Agriculture and Cooperatives, Prince Gbolahan Lawal, at a press conference with the Poultry Association of Nigeria, announced that the Lagos poultry industry generates about N44.9billion every year. He said the industry produces 48 million crates of

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