Category Archives: Finance

SIR EMEKA OFFOR HONORED AS AFRICA’S HIGHEST DONOR AT ROTARY CONVENTION IN LISBON, PORTUGAL; DONATES ANOTHER $1 MILLION USD FOR POLIO ERADICATION

Nigeria billionaire business mogul and philanthropist and founder of the Sir Emeka Offor Foundation (SEOF), Sir Emeka Offor, whose contributions to the Rotary Foundation aimed at eradicating Polio in Nigeria and Africa in general have been recognized at the highest level of the organization’s hierarchy, as he is being honored at the on-going Rotary Convention taking place in Lisbon, Portugal.

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CAPITAL OIL BOSS, IFEANYI UBA SUES EFCC, POLICE

In a bid to forestall his arrest and detention, the chairman and Chief Executive Officer of Capital Oil and Gas Ltd. Dr. Patrick Ifeanyi Uba and his company have taken the Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Lamorde, and the Inspector General of Police, Mohammed Abubakar, before a Federal High Court in Lagos. Uba is seeking the

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PSQUARE, FLAVOUR, AKI & PAWPAW JOIN PRESIDENT JONATHAN’S NIGERIAN TRADE MISSION DELEGATION TO SOUTH AFRICA AND NAMIBIA

In continuation of his efforts to promote rapid national economic growth and development, President Goodluck Jonathan will lead key members of Nigeria’s Economic Management Team as well as representatives of the Nigerian Entertainment Industry- Psquare, Flavour and Aki & Paw-paw to this week’s World Economic Forum on Africa in Cape Town where regional and global leaders will assemble to brainstorm

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AERO CONTRACTORS AIRLINE GROUNDED OVER STRIKING WORKERS

Nigerian airline Aero Contractors Co. said all flights have been grounded until further notice due to staff strikes over cost-cutting measures. Aero management is in talks with unions “to find a quick and amicable resolution,” company spokesman Simon Tumba said by phone today from Lagos, Nigeria’s commercial capital. The airline, which has been operating in the West African country for

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