Nigeria's banking sector has been ordered to start reporting on suspicious cash transactions from people involved in politics. The new regulation requires banks to check the identity of anyone making a transaction above 250,000 naira (around US$1,600). 5 Nov 2009 11:14
[Desmond Ekeh] Companies now eagerly part with cash to ensure that celebrities are effectively used to promote their brands especially via the electronic media. But, how do consumers perceive some of these efforts. Again, have consumers been truly influenced, as a result, to switch brands? 5 Nov 2009 10:52
The International Commercial Property Awards 2009, which took place in London during October, awarded the Africa region prize to MM Interiors for its work on the headquarters of one of Lagos' largest law firms, Aluko & Oyebode and on the Harrow Park Golf Club in the Nigerian capital of Abuja. 3 Nov 2009 10:17
Brand managers, marketing communications practitioners, students, academics and other professionals interested in the field, study and practice of branding and brand management are invited to submit their researched papers, articles, brand related news features, photos of product launches and other brand events for publication in the launch edition of nigerianbrands. 26 Oct 2009 07:56
Zain Nigeria recently announced that it has entered into a managed services and care contract with Nokia Siemens Networks. The agreement covers full network management, operations and maintenance, aiming to ensure network availability at all times across Nigeria. 26 Oct 2009 07:25
[Tania Ghosh] Nigeria is being urged to take a tougher stance in negotiating oil contracts with China, including an insistence that technology and skills transfers become part of the deals. 20 Oct 2009 09:55
Hospitality Investment Conference Africa (HICA) will take place from 4 - 6 November 2009 at the Sandton Sun and, among other topics, is supposed to offer new and unique insights into some key African destinations: Mozambique, Nigeria and Angola. 14 Oct 2009 10:34
KANO: The national government has started marking out grazing reserves across Katsina and Bauchi states in northern Nigeria, as well as the capital Abuja, to curb often deadly clashes between farmers and nomads over pasture. 13 Oct 2009 07:10
Nigeria is planning to spend up to two billion US dollars from its oil cash reserves to boost its economy in response to the global downturn, the country's junior finance minister Remi Babalola announced this week. The National Economic Council has already approved the economic stimulus package, Babalola said. 9 Oct 2009 10:00
The Nigerian government is considering a temporary nationalisation of some underperforming banks, according to the country's finance minister Mansur Muhtar. He talked about the possibility during a press conference in Istanbul, but emphasised that long-term nationalisation is not in the government's plans. 7 Oct 2009 06:58
A Chinese state-owned oil company is negotiating drilling rights for several onshore oil blocks in Nigeria, the Financial Times reports yesterday, 29 September 2009. China's CNOOC is said to be attempting to buy six billion barrels of oil, equivalent to one sixth of Nigeria's proven reserves. 30 Sep 2009 08:01
A journalist at a Nigerian daily newspaper has been shot dead by gunmen at his home in Lagos. Bayo Ohu, an assistant news editor at The Guardian, was shot earlier this week. 23 Sep 2009 07:42
News | from Biz Company Press Offices
Need something to spice up your radio shows? 1Africa has special interest programming, such as enlightening special reports, topical issues and exclusive interviews which they offer for free to FM and AM affiliate radio stations anywhere in Africa. 13 Oct 2009 12:57