Category Archives: Nigeria News

Nigeria News

Carlson Rezidor announces the Radisson Blu Hotel, Port Harcourt, Nigeria

The Carlson Rezidor Hotel Group – born in early 2012 – is one of the world’s largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels, a global footprint spanning 80 countries, a powerful set of global brands (Radisson Blu, Radisson®, Country Inns & Suites by […]

Nigeria’s Constitution Review: Nigerians reject rotating the presidency between North and South

By Hussaini Umar Nigerians yesterday rejected single term presidency, which is being canvassed by President Goodluck Jonathan, during the House of Representatives Public Hearing on the review of the 1999 Constitution at the 360 Federal Constituencies in the country. Also, in most states, the call for the creation of additional states and the recognition of […]

Standard Bank Group leads US$550m Shoreline Natural Resources facility

Standard Bank Group, as mandated lead arranger and bookrunner, has closed a US$550,000,000 syndicated bank guarantee and bridge facilities for Shoreline Natural Resources. This is one of the largest finance deals completed in Nigeria so far in 2012. Shoreline has used the facility to acquire 45% in OML 30, an oilfield in the Niger Delta […]

Having cracked the feature phone challenge, 2go heads for smartphones

  Mobile social network 2go is extending its successful feature phone app to smartphones, while growing its team of software developers and support staff. 2go currently has over 10 million active users who send more than 6 billion messages a month, mostly on lower-end feature phones in Nigeria and South Africa. “Feature phones have been […]

Cooperation Agreement Signed Between EMRC and the Bamanga Tukur African Center for International Trade and Development to Further Agricultural Development in Africa

  Nigeria and EMRC agree terms in preparation for the upcoming AgriBusiness Forum 2012. Brussels, Belgium, October 21, 2012 –(PR.com)– EMRC and the the Bamanga Tukur African Center for International Trade and Development officially signed a join agreement launch the EMRC-Rabobank Project Incubator Award 2012 which promotes and provides a platform for innovative business projects […]

Richard Chandler Corporation Invests in Union Bank of Nigeria

  SINGAPORE, 2012 /PRNewswire/ — The Richard Chandler Corporation  announced that it has invested US$112 million to support the recapitalisation of Union Bank of Nigeria by Union Global Partners Limited (UGPL) consortium. This investment equates to a 13.4% position in Union Bank of Nigeria (UBN). Founded in 1917, UBN is one of Nigeria’s most recognised […]

LAGbook Partners with Lovvin to Foster Social Recommendation in Africa

  Foremost African social discovery network Ladies And Gentlemen book (LAGbook) today announced its partnership with social recommendation website Lovvin to foster social recommendation in Africa. Lagos, Nigeria, October 16, 2012 –(PR.com)– Lovvin is a social recommendation website that lets people share things they love and recommend things they might love. Based on what they […]

Kinetic Events proud to host founders of Africa’s largest social networking website, Chidi Nwaogu and Chika Nwaogu to speak at IT Leaders West Africa Summit

  Chidi Nwaogu and Chika Nwaogu LAGBook (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to the IT and telecoms […]

Novus Celebrates World Egg Day and Supports Egg Consumption and Egg Production in Africa

  Special events are being held throughout the continent   ST. LOUIS , Oct., 2012 /PRNewswire/ — Novus International, Inc. has partnered with egg industry associations in Africa for the third consecutive year to support World Egg Day celebrations. On Friday, October 12 , numerous events are being held throughout Africa to promote the nutritional benefits of eggs and raise the public awareness […]

LAGbook Founders Set to Launch Online Game Development Company Naija Arts in 2013

  Chidi and Chika Nwaogu, founders of Africa’s largest social networking website LAGbook are set to launch their online game development company Naija Arts as LAGbook hits the 1,000,000 member-mark in 2013. Lagos, Nigeria, October 13, 2012 –(PR.com)– Founders of prominent African social networking website, Ladies And Gentlemen book, popularly known as LAGbook, today announced […]