Nigerian Women Entrepreneurs to showcase products
November 6, 2009 by tim · Comments Off
NECA Women Entrepreneurs
The International Labour Organisation (ILO) and the Nigeria Employers’ Consultative Association (NECA) has taken a step further in their bid to empower women to become world class entrepreneurs by organizing a two-day products exhibition tagged “Advancing Women Entrepreneurship through Exhibition”. The two day products exhibition event, which will come up in Ikeja, Lagos, is in line with the commitment of ILO to Women Read more
Zain trio make the top 100 of most influential global telecom leaders
November 4, 2009 by tim · Comments Off
Group CEO Dr Saad Al Barrak, Africa CEO Chris Gabriel and Chief Business Development Officer Salah Al Fouzan
Leading industry magazine Global Telecoms Business (GTB) has ranked Dr Saad Al Barrak in 20th position in its Top 100 most influential telecom executives for 2009, up nine places on his 2008 ranking. Two other senior Zain executives, Zain Africa CEO Chris Gabriel and the company’s Chief Business Development Officer, Salah Al Fouzan, were ranked 46th and 95th respectively. The rankings published by the London based magazine are yet another indicator of Zain’s growing influence in the international telecom sector and further evidence that the company’s bid to be a global top ten mobile operator by 2011 is gathering momentum. Read more
Zain Appoints Nigerian, Otuyemi Otule as IT Director
November 2, 2009 by tim · Comments Off
Otuyemi Otule, Zain Nigeria IT Director
Leading mobile operator, Zain Nigeria has announced the appointment of Otuyemi Otule, as its new Information Technology (IT) Director. Otuyemi, Nigerian, joined ZAIN Nigeria in January 2009. Read more
Banks: EFCC hires 10 forensic experts to trace N1trillion looted funds – The Nation
October 25, 2009 by tim · Comments Off
The Economic and Financial Crimes Commission, EFCC, has hired 10 forensic analysts to trace the whereabouts of about N1trillion looted by sacked Chief Executive Officers and directors of eight banks.
The analysts, who are already in the country, will join eight other forensic experts who are staff of the anti graft commission.
Zain Nigeria Offers Special Roaming Package to Hajj Pilgrims
October 22, 2009 by tim · Comments Off
Alain Saint-Marie, CEO Zain Nigeria
Zain Nigeria customers, who are traveling to the Kingdom of Saudi Arabia for this year’s Holy pilgrimage in Mecca, will be able to keep in touch with friends and family members at very affordable rates, using their regular Zain lines. Read more
Governors seek to control 10% in oil ventures – The Nation
October 22, 2009 by tim · Comments Off
Niger Delta governors are pushing for the President to allow them manage the investment.
But the President is reportedly not favourably disposed to the proposal.
Western oil firms operate in Nigeria through joint ventures with the Nigerian National Petroleum Corporation (NNPC). NNPC holds 55 per cent of the JV with SPDC, 60 percent each of the JV with Chevron Nigeria, Mobil Producing Nigeria, Exxon Mobil, Agip and Total.
First bank, UBA may face sanctions over N100b agric fund – The Guardian
October 22, 2009 by tim · Comments Off
A tripartute meeting of the Central Bank of Nigeria (CBN), Governors’ Forum and the Ministry of Agriculture and Natural Resources has agreed to descend heavily on First Bank Plc and the UBA Plc if, within 21 days, they do not begin to disburse the N100 billion agricultural intervention fund that has been with them for the past six months.
Court remands Atuche, Ojo in EFCC’s custody – The Vanguard
October 21, 2009 by tim · Comments Off
An Ikeja Chief Magistrate’s Court yesterday granted the Economic and Financial Crimes Commission (EFCC) leave to detain two managing directors and chief executive officers of Bank PHB and Spring banks in its custody pending when formal charges will be preferred against them.
Importation of bagged cement banned – The Nation
October 21, 2009 by tim · Comments Off
A Major decision, which is expected to force down prices and encourage local manufacturers, has been taken, with the ban on importation of bagged cement.
The President approved the decision, in line with the National Industrial Policy.
Reps to probe CBN over sack of bank chiefs – The Guardian
October 21, 2009 by tim · Comments Off
The hurricane sweeping through the nation’s banking sector may linger more as the House of Representatives yesterday mandated a panel to carry out a thorough investigation of alleged corruption in the Central Bank of Nigeria (CBN) and the N620 billion bail-out provided by the apex bank for some of the banks with non-performing loans.
