Logo Year 1 | Edition 5 | 11 November 2015
Lagos... join us for the Nigeria CEO Networking Event
Nigeria CEO Networking Event
 

Thursday 19 November 2015

6:00 - 10:00 PM 
Golden Tulip Hotel
Lagos

Africa CEO Network and Africa Business Communities present the First Nigeria CEO Networking Event. C-level Executives, Company Owners and Managing Directors are invited to participate.

Africa Business Communities is by far the largest social network for business professionals in Africa with over one million members. Through Africa Networking Events we are bringing our online business networks alive all over the world - now for the first time in Lagos.

Nigeria is not only the largest African country in terms of inhabitants - 185 million and growing fast - but also in terms of GDP. The size of the Nigerian economy was 569 billion US dollars in 2014, making Nigeria the 22nd economy worldwide - larger than Argentina, Pakistan and Thailand, to name a few. Economic growth in Nigeria was 6.2 percent in 2014 (source: World Bank).

In a way, Nigeria is making a new start. The 2015 elections brought a first time peaceful change of governement. The new president Muhammadu Buhari has put diversifying the Nigerian economy and fighting corruption high on his agenda.

That makes Nigeria a large, growing and dynamic economy in transition and thus full of business opportunities for both Nigerian and non-Nigerian entrepreneurs.

The  Nigeria CEO Networking Event is a perfect opportunity for top level networking and business generation! You will not only meet CEO's from Nigeria but from all over the world - in last year's edition of the CEO Networking Event in Accra, we had participants from no less than 17 countries...

[ Read More ]

Vodafone and Globacom Limited announce partnership agreement
 

Vodafone and Globacom Limited today jointly announced a new, non-equity partnership agreement that covers Nigeria and the Republic of Benin.

Under the Partner Market agreement, Vodafone and Globacom...

[ Read More ]
CA Southern Africa roadshow brings digital transformation in the application economy to Nigeria
  The CA Southern Africa roadshow, which successfully launched in Kenya and Botswana, arrived in Lagos, Nigeria on November 3, where it showcased products and solutions that fuel digital transformation and enable organisations to seize opportunities in the application economy...

[ Read More ]
Arik Air rewards passengers with surprise gifts
  Arik Air, West and Central Africa’s largest carrier, is rewarding passengers with surprise gifts mid-flight in what the company calls the #ArikCares Special Give-Away. Gifts to be given out include a number of iPad Air 2, iPhone 6S, Beat by Dre headphones, laptops, 20-megapixels/1080p cameras, 3D Smart TVs and 3D Blu-ray Home Cinema Systems.

[ Read More ]
Shell Nigeria promotes (M)Ethanol clean cookstoves in drive for safer cooking method in Nigeria
  SNEPCo will provide 2,5000 clean cookstoves and 15,000 canisters for distribution to households in Lagos while PGPL will ensure the supply of Ethanol fuel blended with methanol during the one-year study...

[ Read More ]
[Nigeria Business Forum] How will the Single Treasury System (TSA) affect the banking system in Nigeria?
 

On a regular basis we consult African professionals about their views on business and current economic situations. Today's question is:

How will the Single Treasury System (TSA) affect the banking system in Nigeria?

Stallone-Obaraemi SamuelSenior HR Manager, TNS Global - Nigeria: "The concept of the Treasury Single Account (TSA) is simply saying: “We want to obey the law by making sure that all government monies and revenues are kept in a single place and regulated with a common set of rules as stipulated by law.  We no longer want ministries, departments and various other government agencies to operate numerous accounts with loose financial control. We want to effectively control leakages... Read More

Motola Oyebanjo, Client Service Director, Aerialview Marketing Communications - Nigeria: "The TSA is a requirement of the 1999 Constitution that was never fully implemented until now. It is a welcome development as it will improve accountability, cut down wasteful spending and ensure leakages are seriously reduced or stopped in our Public Finance Management... Read More

Kayode Jesuseun, Founder, Whatproperty.ng: “It is obvious that Buhari's administration is determined to eradicate corruption from all government agencies in the country by enforcing full implementation of e-collection of all government revenues. However, It will adversely affect banking system.This is because of the fact that majority of commercial bank deposit comes from public sector. Imagine over N2 trillion estimated public sector funds that are usually in the custody of the commercial bank per quarter will not be accessible again by the bank... Read More

[ Read the full Forum here ]

Nigeria Inching Closer to Oil Find in Chad Basin – Kachikwu
 

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC Dr. Ibe Kachikwu has indicated that the country may well be on the verge of a significant oil find in the lake Chad area in North East Nigeria based on analysis of recent seismic 3D data generated from the Chad Basin.

In a presentation to the Petroleum Club, Lagos, over the weekend, titled:Ongoing Reforms in the Oil Industry: Impact of NNPC Reforms on the Nigerian Economy,..

[ Read More ]
[Interview] Setonji Koshoedo, Principal Partner, Development Resources Designs, Nigeria
 

By Andrea Ayemoba. Setonji Koshoedo, together with his partners, founded in 2013 infrastructure development company, located in Abuja, Nigeria. His career covers Architecture, Construction, Civil Service and Politics.

His interview with Nigeria Business Communities:

What is Development Resources Designs and in what industries do you operate?

We are an infrastructure development company. We identify the needs of the society and propose designs to solve the problem.


[ Read More ]
MTN now offers dual-SIM high end smartphone
 

MTN for the first time will be offering a high-end dual-SIM smartphone to cater for an increasing number of customers who have multiple SIM cards.

MTN will be ranging the much-anticipated Huawei Mate S to its customers effective immediately...

[ Read More ]
Etisalat and LEARN hold employment training for youths
  Etisalat has partnered with the Leadership Empowerment and Resource Network (LEARN) to hold a three-day capacity building programme for unemployed youths. This is in keeping with its unrelenting contribution to the development of the Nigerian Youth...

[ Read More ]

[Column] The Industrial Training Phase in Nigeria
 

By Chioma Nnani. My university degree took three years.

Some of my friends did theirs in four years, because they needed to do a year in industry training – IT.

This was their opportunity to prove that they were ready to join the world of work.

[ Read More ]
A Possible Boom in Nigeria's mining sector
 

“Nigeria is perhaps the last remaining frontier for mineral investment in the region. With the wide occurrence of minerals and a history of mineral production, Nigeria presents a rare opportunity for serious investors and that opportunity is worth exploring.” 

This is according to Olayinka O. Mubarak, Group Head, Solid Minerals and Metals, Large Enterprises Directorate, Bank Of Industry in Nigeria.

[ Read More ]

CBN Initiates EPIS to Encourage Cashless Transactions
 

The Central Bank of Nigeria (CBN) has introduced Electronic Payment Incentive Scheme (EPIS) to encourage the use of debit cards in line with its cashless policy of the apex bank.

Senior Manager Banking and Payment System of the CBN, Mr. Omileye Ifeoluwa disclosed this in Akure, Ondo State in a presentation at the CBN Fair held at the BTO Event Centre.


[ Read More ]

Oando Energy Resources Upsizes $91mn Rbl Facility and Repayment of $100mn Afrexim Loan
  Oando Energy Resources Inc.,a company focused on oil and gas exploration and production in Nigeria, today is pleased to announce a $91 Million upsizing of its senior secured facility (the “RBL Upsize”) from $215 Million to $306 Million, and the repayment of its $100 Million African Export-Import Bank ...


[ Read More ]

[Column] What lies Ahead for the Nigerian Graduate? (Pt 2)
 

By Stallone-Obaraemi Samuel. In part 1 of this series, I gave a framework of the journey from basic to university education in Nigeria and the expectations of the typical Nigerian graduate. I also touched a little on the frustration that is trailing the fallen standard of education.

Now I am going to talk more on the possible future awaiting the Nigerian graduate and ways he or she could carve a pleasant path...

[ Read More ]

GT Bank unveils SKS Young Inventor Competition
 

Foremost financial Institution; Guaranty Trust Bank (GTBank), has unveiled the SKS Young Inventor Competition which is expected to run between October 27th and November 30th.

The SKS Young Inventor Competition is an amazing journey to find the next generation of inventors and forward thinking citizens, committed to the growth of the country. The bank embarked on this initiative in order to help children give expression to their imagination through invention...

[ Read More ]

Five new international brands have now joined the CFAO club of brands
 

Five new international brands have now joined the CFAO club of brands, an innovative partnership whose members represent a new generation of international companies keen to stay in step with Africa's emerging consumer class.

The club has attracted 15 international brands since its inception in November 2014, bringing it to the end of the first stage of its business-development strategy...

[ Read More ]

Anil Dua joins Forte Oil as Non-Executive Director
 

Forte Oil Plc, one of the foremost indigenous petroleum marketing company listed on the Nigerian Stock Exchange, has informed the Exchange of the appointment of Mr. Anil Dua as a Non-Executive Director in the company.

Prior to his current appointment as a Non-Executive Director, Mr. Dua was the Chief Executive Officer for Standard Chartered Bank West Africa.

[ Read More ]
Union Bank Makes Saving Simpler and Smarter with UnionKorrect
 

Coming on the heels of the recent unveiling of the bank’s new identity in its bid to make banking simpler and smarter both for customers and prospects, Union Bank of Nigeria Plc has launched a savings product which is aimed at helping its customers to develop a savings culture.

Tagged UnionKorrect, the new product allows customers win extra cash up to N1 million in quarterly draws when they save...

[ Read More ]
EU Earmarks €6.5 Billion Trade Development Grant for Nigeria
 

The European Union (EU) is to provide financial trade-related development assistance for Nigeria's growth and development, through a trade grant of about €6.5 billion (about N1.6 trillion) for every four years, till 2035.

The EU Ambassador and Head of EU Delegation to Nigeria and ECOWAS, Mr. Michel Arrion, who disclosed this during a media luncheon...

[ Read More ]
Glo Named Second Amongst Africa’s Most Admired Brands
 

Globacom has been named as one of Africa’s second most admired brands for the second consecutive year. The award was announced at the fourth annual Brand Africa 100 rankings held recently in Johannesburg, South Africa.

While Nigeria dominated the list with a total of 11 brands, South Africa and Kenya presented four top brands each.

[ Read More ]
Nigerian Mobile Internet Users Hit 97m Mark
 

The number of mobile internet users on Nigeria’s telecoms networks has hit 97.21 million up from the 95.37 million recorded in August this year, according to figures released by the Nigerian Communications Commission (NCC).

The telecoms regulatory body made the disclosure in its Monthly Internet Subscriber Data for September.

[ Read More ]
FirstBank Restates Commitment to Entertainment Industry, Supports Coson Week 2015
 

First Bank of Nigeria Limited, Nigeria’s most valuable bank brand through its First@arts initiative has partnered the Copyright Society of Nigeria (COSON) in hosting the COSON Week 2015.

This partnership is in line with the Bank’s initiative to drive perception change, grow brand affinity among the youth and the upwardly mobile segment with great support for capacity building...

[ Read More ]

Nestlé Nutrition Institute Africa builds capacity in neonatal resuscitation for Beninese healthcare professionals
  Nestlé Nutrition Institute Africa (NNIA) is supporting the organisation of two neonatal resuscitation workshops during the Congress of the Beninese Society of Pediatrics, being held in Cotonou from November 10th to 12th with 80 paediatricians benefitting from the training...

[ Read More ]
We need You to help us to improve Nigerian Business Data!
  As we all know the lack of reliable data on African economies is one of the major constraints for the economic growth and foreign direct investment on the continent.

In order to improve African Business Data we have launched the Africa Business Panel.

Over 15,000 people have joined the Africa Business Panel, making it the largest Online Pan-African B2B Market Research Panel...

[ Read More ]
Do you want to advertise in this newsletter?
 

Advertising in this newsletter makes you reach over 15,000 Nigerian top business professionals like yourself.

Publishing your content in our Nigeria LinkedIn groups will give you access to 100,000+ Nigerian top business professionals like yourself.

If you think this might be interesting to your company, just drop me a line...

Bas Vlugt
Founder Africa CEO Network
bas@africabusinesscommunities.com

And dont forget to send us your press releases!
  Please send them to: info@africabusinesscommunities.com

OK, you don't send press releases but you want to. Now what?

In that case, drop me a line too. We are good (promise): bas@africabusinesscommunities.com
.
Nigeria CEO Networking Event
 

Thursday 19 November 2015

6:00 - 10:00 PM 
Golden Tulip Hotel
Lagos

Africa CEO Network and Africa Business Communities present the First Nigeria CEO Networking Event. C-level Executives, Company Owners and Managing Directors are invited to participate.

Africa Business Communities is by far the largest social network for business professionals in Africa with over one million members. Through Africa Networking Events we are bringing our online business networks alive all over the world - now for the first time in Lagos.

Nigeria is not only the largest African country in terms of inhabitants - 185 million and growing fast - but also in terms of GDP. The size of the Nigerian economy was 569 billion US dollars in 2014, making Nigeria the 22nd economy worldwide - larger than Argentina, Pakistan and Thailand, to name a few. Economic growth in Nigeria was 6.2 percent in 2014 (source: World Bank).

In a way, Nigeria is making a new start. The 2015 elections brought a first time peaceful change of governement. The new president Muhammadu Buhari has put diversifying the Nigerian economy and fighting corruption high on his agenda.

That makes Nigeria a large, growing and dynamic economy in transition and thus full of business opportunities for both Nigerian and non-Nigerian entrepreneurs.

The  Nigeria CEO Networking Event is a perfect opportunity for top level networking and business generation! You will not only meet CEO's from Nigeria but from all over the world - in last year's edition of the CEO Networking Event in Accra, we had participants from no less than 17 countries...

[ Read More ]



Colofon

Nigeria Business Communities NEWS is a publication of Africa Business Communities

www.africabusinesscommunities.com
info@africabusinesscommunities.com
www.twitter.com/africabizz

Publisher/Editor in Chief: Bas Vlugt

Editors: Linda Larbie, Afia Owusu-Nyantakyi, Andrea Ayemoba

Send your press releases to: info@africabusinesscommunities.com


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