President Jonathan to Present N4.49 Trillion Budget for 2014 – Report

President Goodluck Jonathan has written to the Senate for their approval to present the 2014 Appropriation Bill to the joint session on November 12, 2013. In the letter, titled 2014 Budget, he requested 12 noon for his presentation. Below is

Nigerian Industrialist Dangote Ranked 64th on Forbes World’s Most Powerful People List for 2013

Nigerian industrialist Aliko Dangote has been ranked by Forbes Magazine as the World’s 64th most powerful person in its 2013 World’s Powerful People Ranking. He is the only Nigerian on the list, and qualifies by virtue of being the richest

Dangote Group Among Top 10 Most Valuable Brands in Africa

African Business Magazine has named Dangote Group as the eighth most valuable brand in Africa in its “The Brand Africa 100” survey for 2013. It placed the group as the most valuable in consumer goods sector with a brand value

Classified Vehicles Platform Carmudi Launched in Nigeria

Technology giant, Rocket Internet has launched Carmudi in Nigeria. Carmudi is a platform that allows people to find commercial vehicles and motorcycles online. The website allows vehicle dealers and agents to post and buyers to find cars, motorcycles or commercial

Nigerian Stock Exchange Records $4.7 Billion in Foreign Investment

The Management of the Nigerian Stock Exchange (NSE) has revealed that inflows and outflows of foreign portfolios in Nigeria’s stock market has hit N747 billion ($4.7 billion). The NSE submits that foreign transactions from January to March was N217.57 billion

Dangote, Ovia and Adesina Nominated for Forbes Person of the Year Award

Forbes Africa has unveiled its final list of its Person of the Year Award for 2013. The award consists of personalities from three African countries; Nigeria, South Africa and Zimbabwe. Voting has commenced online, and Forbes provides a profile for

Lafarge, AFD and LAPO Launch N1.3Bn Affordable Housing Project in Nigeria

Lafarge Nigeria, the AFD (French Development Agency) and LAPO Microfinance Bank have announced their partnership for N1 billion affordable housing scheme in Nigeria. The scheme, named, “Ile Irorun”, the Yoruba phrase for “Convenient Home” targets the poor and middle class,

President Jonathan and Israeli Counterpart Pledge United Front Against Terrorism

President Goodluck Jonathan, on Monday 28th October, pledged that his administration will not relent in its onslaught against terrorism. The president made this disclosure during a meeting with President Shimon Peres of Israel, stating that Nigeria will welcome enhanced cooperation

VIDEO: Lagbaja’s Look-alike Auditions at Nigeria’s Got Talent

No, it’s not the real Lagbaja, but who knows; Korede Odukale, a 13 year old boy might emerge into another great saxophonist in the mould of the popular ‘Feyin E’ crooner. The young boy stepped into the audition hall of

Canada-based Professor Launches Book on Oil Theft in Nigeria

A Professor of Criminology at the University of Alberta, Canada, Temitope Oriola, has launched a book on kidnapping of oil workers in Nigeria. The book, In Criminal Resistance? The Politics of Kidnapping Oil Workers, explores circumstances responsible for abducting oil

Samsung Brings Smart Africa Tour to Lagos

Samsung will be holding its Smart Africa exhibition in Lagos, November 2, to showcase its innovative products and technologies. According to Samsung, the exhibition will assist with rewarding and inspiring consumers in communities they operate around Africa. At a press

FAAN Deploys Bomb Detector at Lagos Airport

In a bid to tighten-up security, the Federal Airports Authority of Nigeria (FAAN) has deployed Advance Threat Identification X-Ray (ATIX) at the D and E departure halls of the Murtala Muhammed International Airport, Lagos. The explosive detector has a high

Ecobank Opens First Branch in Ethiopia

Ecobank has announced it has opened a representative branch in Ethiopia after it obtained a license in July. The branch, located in Addis Ababa, will have local Ethiopian banks’ access Ecobank’s correspondent banking and trade finance activities across Africa and

Zinox to Launch First Tablet PC, the Z-Pad

About a week after the introduction of iPad Air by Apple Inc., Nigeria’s leading computer manufacturer, Zinox technologies has announced its new line of tablet PCs, the Z-PAD. This includes Z-PAD v 5, v6 and v7, with 7-inch, 10-inch and

Nigerians in the English Premier League

LiverPool 4-1 West Brom Victor Anichebe played all 90 minutes for West Brom. Victor Moses played no part as he watched the game from the bench. Luis Suarez got a hat-trick and Daniel Sturridge scored a deft chip to give

KCee Releases Another Single, OGADINMA

Few days until the November 1st release date of Take Over, KCee’s debut album, the high-flying revelation of the year has dropped a new single, titled Ogadinma. KCee’s manager, Soso Soberekan, said, “At 5-Star Music, we are humbled by the

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