All posts tagged "featured"
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Shoprite Billionaire Busted Smuggling $1 million Cash
Meet Christo Wiese. The 70-year-old is South Africa’s third richest person, worth $3.1 billion thanks to his shares in the African continent’s biggest retailer, low-price supermarket chain Shoprite. Wiese’s travel woes couldn’t be further from the quotidian vanishing...
- Posted July 15, 2012
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Ladi Delano of Bakrie Delano Group speaks about opportunities in Nigerian market
One of Indonesia’s biggest conglomerates, Bakrie Group, last year partnered with British-Nigerian entrepreneur Ladi Delano to form Bakrie Delano Africa (BDA) with the intention of investing $1 billion in Nigeria over the next five years. How we...
- Posted July 15, 2012
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Africa’s richest woman and her fabulous wealth
Isabel dos Santos (pictured), the eldest daughter of Angola’s President, Jose Eduardo dos Santos, is now considered to be the most powerful and richest woman in her country and on the continent, possessing legit nine-figure fortunes.Isabel is...
- Posted July 15, 2012
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The Growing Poverty In Nigeria: What Can We Do To Reduce It?
Poverty is an insidious disease that incapacitates, depresses, and ultimately kills scores of people world-wide. Those afflicted can be old or young, black or white or brown, rich or poor, skinny or obese. Daily more than 50,000...
- Posted July 15, 2012
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Why The Capital Market Won’t Bounce Back Soon – Adetunbi
Mr. Seye Adetunbi, who clocks 50 next week, is Chief Responsibility Officer, Value Investing limited, Lagos. He has well over 17 years of experience in Senior Management position in Finance and Banking Sector. Preparatory to the proposed...
- Posted July 15, 2012
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Tariff Hike: Consumers Groan under the Weight of PHCN Extortion
The Federal Government increase in electricity tariff was applied on June 1st, 2012 and many Nigerians did not protest then. However as the PHCN electricity bills for July were distributed, the story began to change. Electricity consumers...
- Posted July 13, 2012
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Caverton Helicopters Designated as West Africa Service Center by AgustaWestland
Caverton Helicopters has been appointed as the authorised service centre in Nigeria by AgustaWestland, a leading manufacturer of helicopters for military and commercial operations. By this development, Caverton Helicopters, a wholly indigenous company, becomes the first to...
- Posted July 13, 2012
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SGS Agricultural Experts Reveal Good Agricultural Practices (GAP) to Nigerian Stakeholders
The attention the current administration is lavishing on the agricultural sector has not gone unnoticed by the world’s leading experts. Andrew Jones, Vice President of Agricultural Services for SGS Africa, puts it candidly, “When I heard about...
- Posted July 13, 2012
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Nigeria Stock Exchange Brief: Dangote Cement’s Performance Lifts All Share Index (+1.08%)
The Nigerian Stock Exchange was boosted upwards significantly todzy based on a stiff increase in the price of Dangote Cement (+4%). the All Share Index gained 1.08% to close at 22,492.96. Today’s performance places the Year-to-Date performance of...
- Posted July 12, 2012
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Russia Warns Nigeria on Supreme Court Decision
Russia’s Foreign Ministry warned Nigeria on Thursday of potential damage to bilateral relations and urged action against a court decision that stripped the world’s largest aluminium producer, Russia’s Rusal, of its core African asset. Nigeria’s supreme court...
- Posted July 12, 2012