The Retail community of Nigeria

Bharti Airtel issues statement following judgement

Mon, 30 Jan 2012 13:39:00 +0200

In the Federal High Court of Nigeria, the honorable Justice Shuaib, handed down judgment in the matter between Econet Wireless Ltd (EWL) vs. Bharti Airtel Nigeria Limited. Bharti Airtel has since issued a statement to the media.
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Retail rewind - a year in review 2011

Fri, 06 Jan 2012 08:19:00 +0200

The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011.
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Protegent 2012 version released in Nigeria

Thu, 05 Jan 2012 10:57:00 +0200

Providers of data security products, Unistal Systems Pvt. Ltd, has launched the new version of Protegent360 for laptop and desktop users. The company has announced the enhanced security features in the latest edition, which is essential for contemporary needs. The product will be sold by Hallmark Solution Warehouse Ltd in Nigeria.
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L'Oréal opens new subsidiary in Kenya

Mon, 12 Dec 2011 12:13:00 +0200

At an inauguration ceremony held last week, L'Oréal opened its new subsidiary in Kenya, which will be the hub for expanding the group's activities in East Africa, a region which also includes Uganda, Tanzania, Rwanda, Burundi and Ethiopia. The group's subsidiary in Nigeria opened in September.
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Free trade talks to push Africa into future

Wed, 07 Dec 2011 09:30:00 +0200

In an important process which started three years ago, the first round of negotiations to establish a free trade area (FTA) covering 27 countries in Southern and East Africa will kick off on Thursday, 8 December 2011, in Nairobi. This promises to be an important instrument for the future of trade and industrialisation in Africa.
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Cadbury Nigeria forecasts 60% rise in first-quarter profit

Wed, 07 Dec 2011 08:07:00 +0200

Cadbury Nigeria Plc (CADBURY), a manufacturer of drinks and food products, forecast a 60% increase in net income to 339.2 million naira (US$2 million) for the first quarter.
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W.AFRI-TEL to boost business opportunities in Nigeria

Thu, 17 Nov 2011 10:56:00 +0200

W.AFRI-TEL, the West African Telecom Exhibition, which takes place from 8-10 May 2012 at the Eko Hotel fair ground in Lagos, Nigeria, will facilitate business opportunities in the telecom sector, enabling exhibitors to gain access to the Nigerian telecom market that contains over 80 million mobile subscribers.
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Consumer Confidence Survey: Economy again top global concern

Wed, 09 Nov 2011 09:36:00 +0200

NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
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Africa is world's second most connected region by mobile subscriptions

Fri, 04 Nov 2011 08:28:00 +0200

LONDON, UK: Africa has become the second most connected region in the world in terms of mobile subscription count, up from fourth place at the end of 2010, according to new research by Informa Telecoms & Media, and the number of mobile subscriptions in Africa is expected to reach one billion in 2016.
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Kalahari Kenya, Kalahari Nigeria closes down

Wed, 26 Oct 2011 11:16:00 +0200

MIH Internet Holdings Ltd, on Monday 24 October 2011, announced that it has closed down the Kalahari Kenya and Kalahari Nigeria operations with immediate effect, following a strategic review of its investment properties.
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