4 West African Countries To Invest In $4 Billion Railway Project – Ventures Africa

Posted in Business, Business Events on 20 June 2013
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Ventures Africa4 West African Countries To Invest In $4 Billion Railway ProjectVentures AfricaVENTURES AFRICA – Four West African countries will invest an estimated $4 billion on the construction of a railway line to boost intra-African trade, a sour…

Police Declare Ex-Lagos Deputy Governor, Ojikutu, Wanted Over N130m Fraud – THISDAY Live

Posted in Business, Business Events on 20 June 2013
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ynaijaPolice Declare Ex-Lagos Deputy Governor, Ojikutu, Wanted Over N130m FraudTHISDAY LiveThe Special Fraud Unit (SFU), an arm of the Nigeria Police Force, has declared a former Lagos State Deputy Governor, Alhaja Sinatu Aderoju Ojikutu, and her son, …

FEC approves $2.9 billion for development of phase4 of Onne Port – Daily Times Nigeria

Posted in Business, Business Events on 20 June 2013
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CHANNELSFEC approves $2.9 billion for development of phase4 of Onne PortDaily Times NigeriaThe Federal Executive Council (FEC) has approved the sum of $2.9billion for the development of the Phase 4B Port Facilities at Onne Oil and Gas Free Zone in Port…

FG to announce bidders for 10 NIPPs in August – Nigerian Tribune

Posted in Business, Business Events on 20 June 2013
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WorldStageFG to announce bidders for 10 NIPPs in AugustNigerian TribuneFOLLOWING successful completion of the 10 power plants by the NigerDelta Power Holding Company (NDPHC) under the National Independent Power Plants (NIPPs) scheme, the Federal Govern…

UBA Re-launches Ruby Account for Women – THISDAY Live

Posted in Business, Business Events on 20 June 2013
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WorldStageUBA Re-launches Ruby Account for WomenTHISDAY LiveThe United Bank for Africa Plc (UBA) has repackaged its Ruby Account product that was specifically designed to cater for women. The bank explained that the gender specific personal current acc…

FAAC: FG Pays N156bn Feb Arrears, Shares N620.65bn – Leadership Newspapers

Posted in Business, Business Events on 20 June 2013
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National MirrorFAAC: FG Pays N156bn Feb Arrears, Shares N620.65bnLeadership NewspapersThe federal government has yielded to pressures from the states governments and paid the N156 billion controversial February arrears. Rising from an extra ordinary Fe…

Nigeria brings electricity privatisation to Hong Kong – FinanceAsia

Posted in Business, Business Events on 20 June 2013
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Nigeria brings electricity privatisation to Hong KongFinanceAsiaA government and industry delegation is aiming to sell 10 power plants to investors around the world. By Nick Ferguson | 20 June 2013. Keywords: nigeria | electricity | privatisation | deu…

CBN’s cashless policy extends to Abuja, Abia, Anambra, Kano, Ogun Rivers July 1 – WorldStage

Posted in Business, Business Events on 20 June 2013
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WorldStageCBN's cashless policy extends to Abuja, Abia, Anambra, Kano, Ogun Rivers July 1WorldStageWorldStage Newsonline—All is set for the Central Bank of Nigeria's (CBN) cash-less policy to commence in the Federal Capital Territory (Abuja),…

Dubai’s Abraaj To Acquire West Africa’s Fan Milk – CHANNELS

Posted in Business, Business Events on 19 June 2013
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Ghana Business NewsDubai's Abraaj To Acquire West Africa's Fan MilkCHANNELSDubai private equity group, Abraaj, said on Wednesday it would acquire African dairy firm, Fan Milk International, tapping into fast rising consumer spending in six West…

Chevron to Sell More Nigerian Assets – Analyst Blog – NASDAQ

Posted in Business, Business Events on 19 June 2013
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Dividend.comChevron to Sell More Nigerian Assets – Analyst BlogNASDAQChevron Nigeria Limited – a subsidiary of the U.S. energy behemoth, Chevron Corporation ( CVX ) – is planning to divest its ownership in three shallow water oil blocks, off the countr…