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BUSINESS ECONOMY Food

Abraaj Group Acquires Majority Shareholding in Fan Milk International

April 19, 2022

One of Denmark’s international success stories, Fan Milk International A/S, is seeing a change of ownership. The Emborg family from Aalborg, who are the majority shareholders, have together with the private equity fund Maj Invest Equity and the management, entered into an agreement to sell the majority shareholding in Fan Milk International A/S to the … Continue reading Abraaj Group Acquires Majority Shareholding in Fan Milk International

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ECONOMY News

Nigeria Embassy Opens in Qatar

April 19, 2022

The Nigeria Consular office officially opened in Qatar, this week, after many weeks of expectation from the Nigerians living there. The office will be responsible for a couple of services that include document attestation, electronic passport issuance, police character certificate, etc. The embassy in Abu Dhabi was the contact point regarding Nigeria for those in … Continue reading Nigeria Embassy Opens in Qatar

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BUSINESS

Ecobank Nigeria Made $743 Million in 2012

April 19, 2022

Ecobank Nigeria, an arm of ECOBANK Transnational Incorporated (ETI), made $743 million in revenue in the 2012 financial year. This figure was the most, of $1.9 billion made by the entire group, with operations in other West African countries including Mali, Benin, Niger, Senegal, Benin, Cape Verde, Togo, Guinea Bissau, Burkina Faso, Ghana, Guinea, Cote … Continue reading Ecobank Nigeria Made $743 Million in 2012

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BUSINESS Events

WOWe: Building And Empowering Women Entrepreneurs

April 19, 2022

Nigeria is one of the countries in Africa with a very high record of female entrepreneurs. Last week, Lagos witnessed the largest gathering of women entrepreneurs and business leaders from the 20th to the 21st of June 2013. Women Of West Africa Entrepreneurs entrepreneurship conference (WOWe) took the centre stage at the prestigious Eko Hotel … Continue reading WOWe: Building And Empowering Women Entrepreneurs

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BUSINESS TECH

StartCrunch – Crowdfunding Platform for Nigerian Businesses, Hobbyists and Enthusiasts

April 19, 2022

Crowdfunding is one concept we haven’t quite nailed in Africa, or better yet Nigeria, and funding itself is one issue that a lot of start-ups hinge on when they don’t get the expected traction. Perhaps all of these contribute to the excitement that comes with FASMICRO’s plan to unveil a crowdfunding platform, StartCrunch.com, optimized to meet … Continue reading StartCrunch – Crowdfunding Platform for Nigerian Businesses, Hobbyists and Enthusiasts

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BUSINESS TECH

Why Start-ups Need a Lesson in Perseverance

April 19, 2022

  The Chinese bamboo tree is remarkable because it illustrates how businesses grow organically. While most trees grow steadily over the years, this remarkable tree hardly follows the usual fashion; the Chinese bamboo tree doesn’t sprout off the ground in its first four years. Then, in the fifth year, something dramatic happens – the tree … Continue reading Why Start-ups Need a Lesson in Perseverance

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Entertainment SPORTS

UPDATE: U-20 World Cup

April 19, 2022

NIGERIA 2-3 PORTUGAL John Obuh’s boys started their World Cup campaign with a loss against the Iberian nation. Nigerian captain Abdul Ajagun scored a brace to level scores at 2-2 after being 2-0 down at half-time but it wasn’t enough to prevent his side from losing to the Portuguese. Portuguese winger Bruma scored twice, either … Continue reading UPDATE: U-20 World Cup

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Entertainment SPORTS

Nigeria Bids Farewell To Confederations Cup

April 19, 2022

NIGERIA 0-3 SPAIN Nigeria has exited the Confederations Cup after losing their second consecutive game in the competition. The Super Eagles of Nigeria lost 3-0 to World and European champions Spain who progress to the semi-finals of the tournament alongside Uruguay. Stephen Keshi was in dire need of a win going into the game but … Continue reading Nigeria Bids Farewell To Confederations Cup

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Entertainment SPORTS

Nigeria Plays Spain, But Outlook is Grim

April 19, 2022

Nigeria will be playing Spain in its last match in the group stage of confederations cup, today, hoping to win and qualify, edging Uruguay and Tahiti, to clinch a semi final spot. Injury has been a problem for the team and the Super Eagles will be going into the match against the world champions, to … Continue reading Nigeria Plays Spain, But Outlook is Grim

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BUSINESS Events LIFESTYLE Real Estate

Fine & Country Hosts Prestige Living – Décor & Lifestyle

April 19, 2022

Fine & Country, a leading multi-award winning international real estate network that specializes in the marketing and sales of luxury property, hosts Prestige Living and 5th + Quansah for ‘9 by 5th + Quansah’, 9 days of shopping, fashion events, and special appearances. ’9 by 5th + Quansah’ will commence on June 24th, and last for 9 days. … Continue reading Fine & Country Hosts Prestige Living – Décor & Lifestyle

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Entertainment

“Why Should I Help OJB Jezreel?”

April 19, 2022

Veteran producer and artiste OJB Jezreel has turned up under the health news in the Nigerian entertainment world- a fact which, going by recent events, cannot mean anything good. Following the illnesses and deaths of several celebrities we hold dear, OJB is reported to have been suffering from a kidney ailment which has deteriorated so … Continue reading “Why Should I Help OJB Jezreel?”

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BUSINESS TECH

Every1Mobile Raises $1.7 Million in Angel Investment

April 19, 2022

Africa mobile specialist, Every1Mobile (E1M), which specialises in building mass audiences via mobile in sub-Saharan Africa, announced last week that it has raised $1.7m in angel investment. Every1Mobile, founded in 2010, uses the power of mobile-enabled social networks to transform how organisations engage with young people aged 15-35 in sub-Saharan Africa and other emerging markets. E1M’s … Continue reading Every1Mobile Raises $1.7 Million in Angel Investment

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ECONOMY News Opinion

The Amnesty Initiative: The Niger Delta’s Struggle for Equality

April 19, 2022

Pre Amnesty Era The Niger Delta covers 20,000 km² within wetlands of 70,000 km² formed primarily by sediment deposition. Home to 20 million people and 40 different ethnic groups, this floodplain makes up 7.5% of Nigeria’s total land mass. It is the largest wetland and maintains the third-largest drainage basin in Africa. The Niger Delta … Continue reading The Amnesty Initiative: The Niger Delta’s Struggle for Equality

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Entertainment Uncategorized

The Nigerian Entertainment Industry Has Potential, Needs More Funds

April 19, 2022

Watching the entertainment industry grow into a viable source of economy can be both exciting and frustrating, Chief Godfrey Mutizwa, the Editor for ABN says. Exciting because they (Nollywood) are sharing African stories and making it into something the whole world can relate to, but frustrating because of the poor quality. What can we do about … Continue reading The Nigerian Entertainment Industry Has Potential, Needs More Funds

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Aviation BUSINESS Tourism Travel

History and Timeline of Arik Air

April 19, 2022

Arik Air Ltd is a privately and wholly Nigerian owned commercial airline with a commitment to the people of Nigeria to deliver new standards in aviation. In 2002, with Nigeria Airways in liquidation, Arik Air’s Chairman, Sir Joseph Arumemi-Ikhide (KSG, CON), decided to buy a Hawker jet aircraft. Colleagues and contacts in the gas and … Continue reading History and Timeline of Arik Air

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