Nigeria’s new World Trade Center poised to send its economy sky high

Nigeria’s capital city of Abuja is about to get a new heart: a brand new World Trade Center complex. The development is expected to open to the public early next year after the completion of the first phase of construction. It will join a network of 323 locations in 89 countries, started in 1970 with

IBUKUN AWOSIKA BECOMES THE FIRST FEMALE CHAIRPERSON OF FIRST BANK OF NIGERIA

First Bank of Nigeria Holdings Plc. yesterday announced the appointment of Mrs. Ibukun Abiodun Awosika as the new board chairperson of Nigeria’s second largest lender. She takes over the helm of affairs from Prince Ajibola Afonja who is retiring. This appointment makes Ibukun the first woman to assume this position since the establishment of First

WHAT NIGERIANS NEED TO KNOW ABOUT THE NEW CORPORATE CORRUPTION ACT

Under the newly proposed bill for the Corporate Coruption Act, a Company or its Principal Officers, acting in furtherance of the Company’s purpose, is convicted of a scheduled offence involving the corruption of a Public Officer. Where the offence involves giving or taking bribe up to N1 million or more, the company will be liquidated.

CBN Releases Guidelines To Allow Nigerians In The Diaspora Register For BVN

The Central bank of Nigeria (CBN) has unveiled the guidelines for the enlistment of Nigerians in the diaspora on the BVN initiative, according to CBN circular released to Nigerian commercial banks. The development will allow Nigerians in the diaspora, get their BVN numbers without the need to come to Nigeria, albeit only in the following

THE TOP 100 COMPANIES FOR NIGERIAN MILLENNIALS

In collaboration with Nigeria’s top employment website, Jobberman, we profile the top 10 companies for millennials to work for in Nigeria, based on employee satisfaction. Every generation creates a new flock of young adults that brings nuanced energy, expertise and awareness to the workplace. Born between 1982 and 2003, millennials account for about 60 percent of Nigeria’s population and a substantial

Canadian Lawyers Entice Nigerian Millionaires With Foreign Citizenship

JTH Lawyers, a specialised immigration services firm, has offered to assist Nigerians willing to acquire foreign citizenship through an array of immigration programmes within its expertise. Three of such programmes, tailored for high net worth individuals  (HNWI) are Quebec Immigrant Investor Programme (Canada Permanent Residency), US EB5 (US Employment-based  Programme)and Antigua & Barbuda Citizenship are 

Meet Adebayo Ogunlesi The Nigerian who bought Gatwick airport for £1.5 Billion

A Nigerian is reported to have acquired and now runs LondonGatwick Airport. Adebayo Ogunlesi, 56, is the chairman and managing partner, Global Infrastructure Partners (GIP), an independent investment fund based in New York City with worldwide stake in infrastructure assets, is the new owner of the London Gatwick Airport. Adebayo Ogunlesi attended the prestigious King’s College,

AFRICA’S RICHEST MAN GETS $997M US GRANT FOR DANGOTE OIL REFINERY

Africa’s richest man Aliko Dangote has received $997.4 million in training grant from the U.S. Trade and Development Agency (USTDA) for his Dangote Oil Refining Company Ltd. located in Lekki, Lagos, Nigeria. “USTDA is pleased to support the Dangote Oil Refining Company’s efforts to increase Nigeria’s domestic refining capacity,” said USTDA Deputy Director Enoh Titilayo

No, Nigeria Is Not the World’s Biggest Champagne Consumer After France

Certainly by 2014, media institutions like Business Today in the US and Mail & Guardian Africa reported that champagne consumption, or sales, in Nigeria was the second largest in the world. City Press then wrote earlier this year “Nigeria is fast becoming the second champagne capital in the world, trailing only France – which actually