FORBES MAGAZINE —
Former banker Kemi Adeosun has been appointed Nigeria’s new finance minister by the country’s president Muhammadu Buhari. She faces an uphill struggle to shore up Africa’s largest economy, which has been battered by a 40% fall in the price of oil.
AFRICAN BUSINESS CENTRAL —
South African Airways (SAA) has introduced a second entry point to Nigeria in its quest to enable trade and unlock mobility, which will considerably add to business travel options in the West African region.
As revenue from oil continues to dwindle due to the fall in oil price at the international market, governments of oil dependent countries are looking deeply inwards and strategising on ways to boost revenue from other sources.
Global Pacific & Partners is pleased to announce the 7th Africa Economic Forum 2013 will take place in Johannesburg on the 6th March 2013. The premier annual forum, which focuses on the fundamentals shaping Africa’s economic future, which brings together leading corporates, state officials, industries, senior executives and economic thinkers on Africa’s economies in a content-rich one-day meeting.
(Vanguard, Nigeria) - The recent take-over of majority stake in two of Nigeria's leading food manufacturing companies - UAC Foods and Dangote Flour Mills- by a South African company, Tiger Brands, could create unhealthy monopoly in food industry, stakeholders have warned.
FirstBank Plc has been announced as winner of the “Bank of the Year in Nigeria 2012” Award by The Banker Magazine, a publication of the Financial Times of London. The award ceremony, now in its 13th edition, celebrates the success and major achievements of the world’s leading financial institutions.