All posts by Afolabi Ogunde

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  Nigeria Mergers Give Starcomms New Chance Against Rivals

  Nigerian telecommunications companies operating non-GSM technology, led by Starcomms Plc, have another chance to challenge dominant rivals, such as MTN Group Ltd. (MTN), after takeovers and new investments, the Association of Licensed Telecoms Operators of Nigeria said. Starcomms Plc, a...

  • Posted November 26, 2012
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  ChicagoBooth School of Business holds Free Executive MBA Session in Lagos – Register Now

  The University of Chicago Booth School of Business holds its Chicago Executive MBA Information Session & Faculty Speaker on Wednesday, February 6, 2013 at 6:30 PM to 9:00 PM at the Eko Hotel & Suites Victoria Island,...

  • Posted November 25, 2012
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  Ovia’s Quantum Luxury Properties Partner Marriott Hotels to Change Lagos Skyline

    Zenith Bank’s largest shareholder, Jim Ovia is one of Africa’s richest men with a networth conservatively estimated to be $500 million. The ex-bank chief who was forced to retire in 2009 as a result of CBN...

  • Posted November 25, 2012
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  Capital market to recover in 2013- says Sanusi

  The Governor of Central Bank of Nigeria, Mallam Sanusi Lamido has said that the Nigerian capital market will bounce back next year. He said this in Lagos yesterday during a courtesy visit to his Lagos office by...

  • Posted November 25, 2012
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  Boniface Godspower: The Aso Rock Landlord and a Five Trillion Naira Heist

    “An end to corruption and lots of fresh air”, his statement was one of President Goodluck Ebele Jonathan’s campaign promises whilst running for office in 2011. Little did Nigerians know the corruption had already started in...

  • Posted November 25, 2012
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  Dangote Leads Forbes Africa’s Richest Again, Other mentions are Adenga, Ovia and Danjuma

  Aliko Dangote of Nigeria tops the list for the second year running, with a net worth of $12 billion, up from $10.1 billion in November 2011. Most of his net worth lies in publicly traded Dangote Cement, which...

  • Posted November 22, 2012
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  FG Validates Manitoba’s Power-Mangement Contract

  The Federal Government validated a power-management contract signed by Canada’s Manitoba Hydro Electric Board in July to run the state-owned power utility Transmission Co. of Nigeria after regulatory approval, the Bureau of Public Enterprises, the privatization agency,...

  • Posted November 22, 2012
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  Nigerian Stock Exchange Watch: ASI (-0.21%) Falls to Selling Pressure

      Investors cashing out in preparation for the yuletide season were partly responsible for the All Share Index (ASI) drop of 0.21% today. The banking sector was predominantly skewed to the sell side as 8 of...

  • Posted November 21, 2012
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  Ghanaian UBS trader who lost $2.3bn jailed for seven years

  UBS trader Kweku Adoboli was jailed for seven years in London on Tuesday for gambling away $2.3 billion of the Swiss bank’s money in Britain’s biggest ever fraud. The Ghanaian-born banker, 32, was found guilty of two...

  • Posted November 21, 2012
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  Abia governor presents N134bn appropriation bill to lawmakers

  ABIA State Governor, Dr. Theodore Orji, Tuesday, presented the state’s 2013 budget estimates, which proposed an outlay of N134.1 billion, comprising N67.82 billion or 50.56 per cent as recurrent expenditure and N66.33 billion or 49.44 per cent as...

  • Posted November 21, 2012
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