The African Capital Alliance (ACA), a private equity fund manager in western Africa, announced the raising of $200 million from investors in July 2009. The third installment of the Capital Alliance Private Equity (CAPE) fund will target important sectors such as power, oil and gas, communications and financial services in Nigeria and across the sub-Saharan region.

IN my last piece on the garrulous Peter Obih, I raised some issues bordering on his claims that he is owed and deliberately too by the Government of Anambra State for a contract executed under the illegal government of Dr. Chris Ngige. I submitted that the veracity of the claims had not been substantiated. I stand by my submission.

As a fallout of the Nigerian advertising practitioners yearly meeting under the aegis of Association of Advertising Agencies of Nigeria (AAAN), practitioners have been advised to exhibit local thinking while acting global in their creative.

Germany plans to have six million electric vehicles on the road by 2030, a Minister has said. Ursula Heinen-Esser, vice-minister in the Federal Environment, Nature Conservation and Nuclear Safety Ministry, made this known in Berlin while delivering a paper titled Transforming Germany’s energy system.

IT is a classic case of déjà vu. Everybody must have watched an event unfold and wondered where he/she had seen exactly the same thing before. This is not an essay to enquire into this psychedelic phenomenon. But if you are not sure exactly what déjà vu (which translates literally as “already seen”) means, the wars of two Attorneys-General of the Federation and Ministers of Justice, Chief Mike Aondoakaa and Alhaji Mohammed Adoke, both Senior Advocates of Nigeria, SAN, on the independence of the anti-graft agencies, will illustrate it succinctly.

OPERATORS of Kewalram Chanrai Group, owners of Afprint Plc have accused the Federal Government of turning textile manufacturers to traders through policy inconsistencies.

As individuals and businesses grapple with the challenges of moving ahead in life, it becomes imperative for banks to introduce products specially tailored to meet their specific needs. This is perhaps one of the most unique features of the emerging face of the Nigerian banking sector.

Shares of insurance companies quoted on the Nigerian Stock Exchange (NSE) are seldom the toast of many Nigerian investors all because of their penny nature.

Hi Readers! A few days after Tayo left for England to go help out with her two grandsons, I got a lucky break in my travel plans. My elated travel agent rang me up in the middle of the night, to tell me that she had got me a booking at last. Even though still sleepy, I was delighted enough to shout ‘Yippee!’ which brought poor nanny who normally sleeps in the adjourning room when we’re both alone in the house, coming to knock on my door to ask if all was well with me.

MR Victor Eburajalo is the Group Managing Director of Kewalran Chanrai Group, owners of Afprint Plc, a leading textile manufacturing company now closed down as a result of numerous environmental and other difficulties. In this interview with Financial Vanguard, he gave insight into some of the problems that made Afprint to close down.

Germany wants a closer relationship with resource-rich Angola, Chancellor Angela Merkel has said on a visit to the southwest African country which she offered coastguard ships and industrial cooperation.

Following the collapse of a building in Lagos recently, which led to loss of lives and property, the Lagos State government has announced the immediate take off of the Lagos State Building Control Agency (LASBCA), as part of measures to curtail the recurrence of such incidents.

Senator Olugbenga Onaopepo Obadara vied with Senator Ibikunle Amosun for the Action Congress of Nigeria, ACN governorship ticket ahead of the last general election but lost out but was compensated with the Ogun Central Senatorial flag which he successfully flew during the last National Assembly election. His main contender was the former incumbent, Senator Iyabo Obasanjo-Bello.
Few weeks after taking his seat in the Senate, the man popularly called ‘Arole Osoba’ spoke to Vanguard on several issues bothering on national security, the contest against Obasanjo-Bello, the immortalization of late Chief MKO Abiola among other issues

An Abuja-based developer said it has secured the assistance of the African Development Bank (ADB) to finance the development of 5, 000 low income housing units in the country worth about $20 million, while also sourcing for other sources of funding.

Security was massive and tight, yesterday, in Suleja as the All Christians Fellowship Mission held a memorial service for its three members who died in a bomb explosion.