Saturday, February 16, 2019
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    In the Federal High Court, Lagos, between Samsung and Global Resources (download)

In the Federal High Court, Lagos, between Samsung and Global Resources (download)

IN THE FEDERAL HIGH COURT LAGOS JUDICIAL DIVISION HOLDEN AT LAGOS SUIT NO FHC/L/CS/1263 /2018BETWEENSAMSUNG HEAVY INDUSTRIES NIGERIA LIMITED SHI-MCI FZE(An entity registered within a Free Trade Zone under the Nigeria Export Processing Zones Act)PLAINTIFFS/ RESPONDENTSANDGLOBAL RESOURCES MANAGEMENT LIMITEDGLOBAL RESOURCES MANAGEMENT FREE ZONE COMPANY(An entity registered within a Free Trade Zone under the Nigeria Export Processing Zones Act)GLOBAL RESOURCES  MANAGEMENT FREE [...]

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    LADOL is an investor while Samsung is a contractor – any settlement will be guided by this fact

LADOL is an investor while Samsung is a contractor – any settlement will be guided by this fact

As you may have seen in the past weeks, Samsung Heavy Industries Nigeria Limited (Samsung) has taken its dispute with the LADOL Group to the Federal High Court and to the court of public opinion via newspapers and other media. I have called you to explain the dispute to you so that you are not forced fed Samsung’s self-serving narrative [...]

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    TheCable is hiring

TheCable is hiring

TheCable, Nigeria’s independent online newspaper, is looking for a creative Lagos-based young person who has an in-depth knowledge of the social media space and can communicate effectively.Position: Social Media handlerResponsibilities: The social media handler will be responsible for managing the social media accounts of TheCable Lifestyle, engaging readers and followers, while adhering strictly to the house style.Requirements: The candidate must [...]

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    Glo Oga SIM makes waves, stimulates telecom market

Glo Oga SIM makes waves, stimulates telecom market

Globacom has injected excitement into the telecom industry with its newly introduced Oga SIM, which gives a whopping 125 percent bonus to new data subscribers and existing subscribers who have not used their data services in the last three months on the Glo network.Globacom’s Regional Chief Marketing Officer, Ashok Israni, said at the launch of the offering in Lagos a [...]

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    Binomo Expresses plans for Nigerian market, discusses Victor Moses partnership

Binomo Expresses plans for Nigerian market, discusses Victor Moses partnership

Nigerian professional footballer, Victor Moses has signed a partnership with award winning online trading platform, Binomo. The currency and commodities trading platform’s efforts at penetrating the Asian and African market has now seen the brand sign up one of Africa’s leading athletes as its brand ambassador in a bid to fast track its growth in the local market.The partnership which [...]

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    Family Homes Funds investing to provide homes and jobs

Family Homes Funds investing to provide homes and jobs

Through International recruitment firm – PriceWaterHouse Coopers, the Family Homes Funds has launched a recruitment campaign to secure top quality capacity to deliver an ambitious. affordable housing programme as a key aspect of the Government’s Social Intervention Programme.By 2023, the Family Homes Funds – a special purpose investment vehicle having the Nigerian Sovereign Investment Authority and the Federal Ministry of [...]

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    Star Lager Millionaires Promo to continue for another 30 days

Star Lager Millionaires Promo to continue for another 30 days

Star Lager Beer, has extended the Star United We Shine Millionaires Promo by another 30 days to allow for more consumers in more regions of the country to partake in the promo and win. The promo which was launched on the 15th of June, 2018 will now end on 15th of September, 2018 a month after the original end date.Consumers [...]

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    How Nigerian Breweries is executing one of Nigeria’s biggest consumer promotions with Star Lager

How Nigerian Breweries is executing one of Nigeria’s biggest consumer promotions with Star Lager

On the 15th of June 2018, Star Lager beer launched one of its biggest promo tagged Star United We Shine Millionaires Promo; one of the biggest ever giveaway by Nigerian Breweries aimed at rewarding its loyal customers with cash and prizes worth over 400 million Naira.The consumer promotion was launched as part of Star’s efforts to connect with its loyal consumer [...]

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    Kaduna and Onitsha produce 18 more millionaires in Star Lager national promo

Kaduna and Onitsha produce 18 more millionaires in Star Lager national promo

Star Lager millionaires promo now in its sixth week, has produced eighteen more millionaires in the Kaduna and Onitsha areas as more winners were presented with their prizes this past  weekend during gala ceremonies held in Kaduna and Onitsha. John Paul Ocheme a thirty five year old student based in Kaduna, Zenith Abubakar, a forty four year old businesswoman based in Sokoto [...]

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    ‘How a bottle of beer changed my life’ — winner of Star Lager millionaires promo

‘How a bottle of beer changed my life’ — winner of Star Lager millionaires promo

One lucky fan was delighted as he emerged winner of one million naira in the Star United We Shine Millionaires Promo in Lagos over the weekend.Adepeju a thirty year old satellite dish installer who was thrilled about his win had this to say “I usually enjoy my Star Lager when I drink with my colleagues. On that fateful day, I [...]

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    20 more Nigerians win millions in Week 3 of Star Lager United We Shine

20 more Nigerians win millions in Week 3 of Star Lager United We Shine

A total of twenty new winners emerged in Star Lager United We Shine Millionaires Promo and were presented with their prizes of One Million Naira each at a gala ceremony on Sunday, July 8th, 2018 and Friday July 6th, 2018 in Enugu and Ibadan respectively.This follows the previous week’s presentation event in Abuja, where eleven people were awarded their prizes. [...]

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    NERC commends Mojec on quality of meter infrastructure

NERC commends Mojec on quality of meter infrastructure

The Nigerian Electricity Regulatory Commission (NERC) has commended Mojec International Limited, Nigeria’s leading indigenous smart meter manufacturer, for the quality of facilities and infrastructure being put in place to support the take-off of its Meter Assets Provider (MAP) programme.The Meter Assets Provider (MAP) Programme is a new initiative of the Federal Government under the Ministry of Power and the Nigerian [...]

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    Star Lager kicks off biggest ever consumer promo with over N400m cash giveaway

Star Lager kicks off biggest ever consumer promo with over N400m cash giveaway

Nigerian Breweries Plc, makers of Star Lager Beer, has announced the launch of the Star Lager Millionaires Promo, a national consumer exercise designed to reward football fans and lovers of Nigeria’s premium beer brand.The mega promo, expected to be the company’s biggest ever, is billed to give out over N400 million in cash between June 15 and August 15, 2018.Speaking [...]

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    Amstel Malta hails Super Eagles after triumph

Amstel Malta hails Super Eagles after triumph

Nigeria’s premium malt brand and official malt drink of the Super Eagles - Amstel Malta, has congratulated the team after a stunning second outing at the football tournament happening in Russia.The 2018 edition of the world’s biggest mundial kicked off on Thursday June 14 and got underway with thirty two teams competing for the ultimate prize in Russia. Nigeria’s national [...]

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    NERC approves Mojec as Meter Asset Provider, Mojec receives NERC’s approval of ‘No Objection’

NERC approves Mojec as Meter Asset Provider, Mojec receives NERC’s approval of ‘No Objection’

Mojec International Limited, Nigeria's leading indigenous prepaid meter manufacturing company, has been granted an approval of ‘No Objection’ license or certificate by the National Electricity Regulatory Commission, NERC, as an approved asset provider under the new Meter Asset Provider (MAP) Policy.This was stated in a confirmation letter from NERC to the company dated June 7, 2018 and marked NERC/LLC/LU/2018/NC/342, signed [...]

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    UFUK Dialogue organises dialogue and peace awards

UFUK Dialogue organises dialogue and peace awards

UFUK Dialogue, a non-profit organization, recently organized a dialogue and peace awards ceremony in Abuja. The event which attracted people from all walks of life was put together to celebrate people and organizations that have been contributing to societal peace in Nigeria.In his opening remark, the president of UFUK Dialogue, Mr. Kamil Kemanci stated that dialogue and peaceful coexistence has [...]

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Exchange Rates

February 15, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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