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Politics / Nigeria's Power Women: Most Influential Nigerian Women Of 2011 by mrinfo(m): 6:33pm On Apr 23, 2012
These are the NairaBrains top 8 power women whose influence stretch beyond their immediate vicinity and environment. These are women that have worked their way into respect and regard among the men folk which is no mean feat considering the cultural background of the Nigerian society.

No 1. Ngozi Okonjo Iweala:

Nigeria’s current finance minister and coordinating minister of the economy is arguably the most influential living Nigerian woman. One of the World Bank Managing Directors between October 2007–July 2011 she has also held a short post as Nigeria’s foreign Affairs minister under Olusegun Obasanjo presidency.

Dr Okonjo Iweala just recently lost out a bid to become the first female President of the World Bank to US backed Jim Yong Kim. As Nigeria’s coordinating minister of the economy she oversees the economic policy thrust of the President Goodluck Jonathan administration.

A very articulate and intelligent woman Dr. Okonjo hails from the Igbo town Ogwashi-Uku in Delta State born to Professor Chukuka Okonjo. She graduated magna cum laude from the Harvard University and and earned her Ph.D. in regional economic development from the Massachusetts Institute of Technology (MIT) in 1981.
She is married to Ikemba Iweala from Umuahia, Abia State and they have four children.

As coordinating minister she has canvassed the need to reduce the country’s recurrent expenditure which is presently 74% of the National Budget and embark on capital projects which could improve the 14% unemployment rate in the country.

She has won numeruos global awards which include;
- Euromoney Magazine Global Finance Minister of the year 2005
- Financial Times/The Banker African Finance Minister 2005

No 2. Diezani Allison Madueke:

Mrs Allison Madueke comes on this list by virtue of her position as Nigeria’s Minister of Petroleum,the most significant ministry of the Nigerian government. Recently she has seen the partial removal of fuel subsidy, a compensation paid to companies that import refined crude for distribution and sale to consumers in the country.

There was no petroleum ministry for long after the tenure of the last Minister of petroleum Rilwanu Lukman as the sector came under direct supervision of the Presidency. Diezani was the first to be appointed to head the crucial ministry. Her position gives her somuch influence on the state of Nigeria’s economy. She survived various attempts to discredit her as the Petoleum Minister and survives to thhis time.

Born on December 6, 1960 in Port Harcourt, Rivers State to Chief Frederick Abiye Agama Mrs Allison Madueke
went to Howard University in the United States and joined Shell Petroleum Development Corporation on return. In April 2006, Shell appointed her its first female Executive Director in Nigeria. Diezani has held three different positions in the Nigerian government. She has been Transport Minister in 2007, Minister of Mines and Steel Development from December 2008 and now Petroleum Minister.

As part of her promise to transform Nigeria’s oil and gas industry her tenure as Petroleum Minister has seen the controversial fuel subsidy removal policy and the signing of the Nigerian Content Act which aims to increase the percentage of petroleum industry contracts that are awarded to indigenous Nigerian businesses and reduce the domination of foreign establishments in teh sector.

Mrs Madueke has had several firsts in Nigeria. Apart from being the first female Minister of Petroleum she is also the first woman to hold the position of Transport minister. In October 2010 she became the first woman to head a country delegation at the annual OPEC conference. Allison is vey used to working in male dominated environments and has said she advises young women who wish to be very successful to “change their mode of thinking.”...

Full List : http://nairabrains.com/2012/04/exclusive-list-of-top-8-most-influential-nigerian-women-in-business-and-politics-in-2011/
Business / List Of Most Influential And Powerful Nigerian Women In Biz And Politics (2011) by mrinfo(m): 6:32pm On Apr 23, 2012
These are the NairaBrains top 8 power women whose influence stretch beyond their immediate vicinity and environment. These are women that have worked their way into respect and regard among the men folk which is no mean feat considering the cultural background of the Nigerian society.

No 1. Ngozi Okonjo Iweala:

Nigeria’s current finance minister and coordinating minister of the economy is arguably the most influential living Nigerian woman. One of the World Bank Managing Directors between October 2007–July 2011 she has also held a short post as Nigeria’s foreign Affairs minister under Olusegun Obasanjo presidency.

Dr Okonjo Iweala just recently lost out a bid to become the first female President of the World Bank to US backed Jim Yong Kim. As Nigeria’s coordinating minister of the economy she oversees the economic policy thrust of the President Goodluck Jonathan administration.

A very articulate and intelligent woman Dr. Okonjo hails from the Igbo town Ogwashi-Uku in Delta State born to Professor Chukuka Okonjo. She graduated magna cum laude from the Harvard University and and earned her Ph.D. in regional economic development from the Massachusetts Institute of Technology (MIT) in 1981.
She is married to Ikemba Iweala from Umuahia, Abia State and they have four children.

As coordinating minister she has canvassed the need to reduce the country’s recurrent expenditure which is presently 74% of the National Budget and embark on capital projects which could improve the 14% unemployment rate in the country.

She has won numeruos global awards which include;
- Euromoney Magazine Global Finance Minister of the year 2005
- Financial Times/The Banker African Finance Minister 2005

No 2. Diezani Allison Madueke:

Mrs Allison Madueke comes on this list by virtue of her position as Nigeria’s Minister of Petroleum,the most significant ministry of the Nigerian government. Recently she has seen the partial removal of fuel subsidy, a compensation paid to companies that import refined crude for distribution and sale to consumers in the country.

There was no petroleum ministry for long after the tenure of the last Minister of petroleum Rilwanu Lukman as the sector came under direct supervision of the Presidency. Diezani was the first to be appointed to head the crucial ministry. Her position gives her somuch influence on the state of Nigeria’s economy. She survived various attempts to discredit her as the Petoleum Minister and survives to thhis time.

Born on December 6, 1960 in Port Harcourt, Rivers State to Chief Frederick Abiye Agama Mrs Allison Madueke
went to Howard University in the United States and joined Shell Petroleum Development Corporation on return. In April 2006, Shell appointed her its first female Executive Director in Nigeria. Diezani has held three different positions in the Nigerian government. She has been Transport Minister in 2007, Minister of Mines and Steel Development from December 2008 and now Petroleum Minister.

As part of her promise to transform Nigeria’s oil and gas industry her tenure as Petroleum Minister has seen the controversial fuel subsidy removal policy and the signing of the Nigerian Content Act which aims to increase the percentage of petroleum industry contracts that are awarded to indigenous Nigerian businesses and reduce the domination of foreign establishments in teh sector.

Mrs Madueke has had several firsts in Nigeria. Apart from being the first female Minister of Petroleum she is also the first woman to hold the position of Transport minister. In October 2010 she became the first woman to head a country delegation at the annual OPEC conference. Allison is vey used to working in male dominated environments and has said she advises young women who wish to be very successful to “change their mode of thinking.”...

Full List : http://nairabrains.com/2012/04/exclusive-list-of-top-8-most-influential-nigerian-women-in-business-and-politics-in-2011/
Investment / Enugu Rangers On Nigerian Stock Exchange? by mrinfo(m): 12:28pm On Apr 23, 2012
Seven times Nigeria Premier League Champions, Enugu Rangers, will soon be listed on the country’s stock exchange.
According to Chijoke Agu, the state’s commissioner for youth and sports, the move will help the state invest in order sector of its economy.

“We are already discussing with a reputable stock brokerage firm and I am sure that at the end it will be good for both the club and government to list the club on the stock market,”he said. “Even at the executive council level, it has been agreed that the club should be opened to those who have the passion and financial muscle to come and partner with the state government to take Rangers back to their rightful place in Nigerian football.”

Agu explained that listing Rangers on the country’s bourse will ‘to a very large extent’ make them more comparable to European football clubs...

http://businessdayonline.com/NG/index.php/nigerian-sport/36314-rangers-targets-listing-on-stock-exchange-
Politics / Full List Of Nigeria's Richest Men Of 2011 And Their Networth by mrinfo(m): 10:39am On Apr 20, 2012
This is a list of 11 richest men (no woman made the list) in the country who made their wealth through a variety of industries and sectors.

Methodology: The list focused on citizens of Nigeria, We excluded family fortunes. We also did not include former past military rulers whose true wealth is almost always linked to their activities while in government. Likewise persons whose wealth cannot be ascertained without reference to their political career are not included in this list.

No 1. Aliko Dangote:
Networth: $13.6 billion
Age: 55
Source: Sugar, Flour, Cement

Alhaji Aliko Dangote (born April 10, 1957) is the Chairman of Dangote Group, a conglomerate with interests in sugar, cement manufactruing, food processing and freight. Dangote Group is easily the major supplier of sugar to soft drink companies, breweries, and confectioners in Nigeria and several parts of West Africa. Dangote Group was originally founded in 1977 as a small trading company but under Mr Dangote’s watch has grown into a multi-trillion naira company spanning countries like Benin, Togo and Ghana.

Mr Dangote is Nigeria’s wealthiest stockholder with an investment networth of $12.1 billion which comes mostly from Dangote Cement ($11.5 billion or N1.76 trillion), Dangote Sugar ($574.8 million or N87.95 billion).

More on No 1.- http://nairabrains.com/2012/04/exclusive-list-of-11-richest-nigerians-in-2011-their-net-worth-how-they-got-rich/

No 2. Mike Adenuga:

Networth: $5.3 billion
Age: 59
Source: Telecom, Oil & Gas, Banking

Nicknamed ‘the Guru’ Adenuga is a billionaire with interests in telecom, oil and gas, banking and real estate. He is the Chairman of Globacom, the second national carrier and second largest mobile telecommunications company in Nigeria. His company Globacom recently made forays into several African countries such as Benin, Ghana and Ivory Coast as it seeks to build what it calls Africa’s largest telecommunications network. He recently invested $1 billion in laying a submarine cable connecting Nigeria to the rest of the world.

The Mike Adenuga Group also controls Equitorial Trust Bank, Conoil plc, a petroleum marketing company and Conoil Producing, a crude exploration company.

Not much is known of Adenuga’s business methods and concerns as he has opted not to go public with many of his business interests. Less than a year ago Forbes estimated his networth at about $2 billion but Adenuga is worth more than that in our own estimation.

Described as a reclusive billionaire by Forbes Mike Adenuga is worth in the region of about $5.3 billion with one of his companies Conoil Producing, Nigeria’s oil exploration company, producing an estimated 100,000 barrels per day.

More on No 2 - http://nairabrains.com/2012/04/exclusive-list-of-11-richest-nigerians-in-2011-their-net-worth-how-they-got-rich/2/

No 3. Oba Otudeko

Networth: $2.4 billion
Age: 69
Source: Manufacturing, Investments

Ayoola Oba Otudeko (born August 18, 1943) chairs the board of a number of companies including Honeywell Group of Companies, a Nigerian-based conglomerate and holding company with strong international presence.

Ranked 24th richest man in Africa by Forbes magazine Otudeko’s networth is mostly due to his Honeywell Group, a conglomerate founded in the 1980s that is involved in oil & gas, flour milling, engineering, real estate and marine transportation. The Honeywell Flour unit of the group is publicly traded but revenues for the rest of the group’s interests are not disclosed.

Otudeko also owns a 14% stake in Bharti Airtel’s Nigerian wireless phone operations, a company believed to be worth at least $2 billion. Oba Otudeko owns a controlling stake of Radisson Blu, a luxurious 5-star oceanfront hotel in Victoria Island, Lagos. Otudeko is also the largest individual shareholder in First Bank of Nigeria, one of West Africa’s largest financial institutions....

Check out No 4. and so on - http://nairabrains.com/2012/04/exclusive-list-of-11-richest-nigerians-in-2011-their-net-worth-how-they-got-rich/4/
Business / Re: The Definitive List Of Nigeria's Richest People In 2011, How They Made The Money by mrinfo(m): 3:33pm On Apr 14, 2012
And I bet spammer, you aren't rich yet. Why?
Business / The Definitive List Of Nigeria's Richest People In 2011, How They Made The Money by mrinfo(m): 2:44pm On Apr 14, 2012
After months of extensive research and analysis we present to you the first definitive list of Nigeria’s Richest People. This is a list of 11 richest men (no woman made the list) in the country who made their wealth through a variety of industries and sectors.

Methodology: The list focused on citizens of Nigeria, We excluded family fortunes. We also did not include former past military rulers whose true wealth is almost always linked to their activities while in government. Likewise persons whose wealth cannot be ascertained without reference to their political career are not included in this list.

1. Aliko Dangote:

Networth: $13.6 billion
Age: 55
Source: Sugar, Flour, Cement

Alhaji Aliko Dangote (born April 10, 1957) is the Chairman of Dangote Group, a conglomerate with interests in sugar, cement manufactruing, food processing and freight. Dangote Group is easily the major supplier of sugar to soft drink companies, breweries, and confectioners in Nigeria and several parts of West Africa. Dangote Group was originally founded in 1977 as a small trading company but under Mr Dangote’s watch has grown into a multi-trillion naira company spanning countries like Benin, Togo and Ghana.

Mr Dangote is Nigeria’s wealthiest stockholder with an investment networth of $12.1 billion which comes mostly from Dangote Cement ($11.5 billion or N1.76 trillion), Dangote Sugar ($574.8 million or N87.95 billion).

Dangote is a political saavy businessman and knows how to make friends with influential politicians. This has invariably helped in his rise in the business world. He was a major financier of former President olusegun Obasanjo’s reelection campaign in 2003, to which he contributed over N200 million (US$2M) and also donated N50 million (about (US$0.5M) to the National Mosque under the aegis of “Friends of Obasanjo and Atiku”. His controversial gifts to the members of the ruling Peoples Democratic Party included another N200 million to the Obasanjo Presidential library project initiated by the former president.

Aliko Dangote has also in the past been linked with Arsenal Football club, a club he confesses to love as a fan. He was rumored to be interested in buying a 16% stake in the London based football club though nothing has come of that rumour.

From all indications it appears Dangote will be staying on this list for some time to come as he is currently building cement plants across Africa in countries like Zambia, Tanzania, Congo and Ethiopa and building cement terminals in Sierra Leone. His Dangote conglomerate is aggressively embarking on an expansion drive to become a major, if not a dominant player in the African cement and sugar markets.

Alhaji Dangote surely does not deny himself some of the pleasures of being Africa’s and Nigeria’s richest man. He recently bought a $45 million Bombardier aircraft for his personal use.....

Full List and Analysis: http://nairabrains.com/2012/04/exclusive-list-of-11-richest-nigerians-in-2011-their-net-worth-how-they-got-rich/
Business / 15 Reasons Why Nigeria Is A Great Place Or Doing Business by mrinfo(m): 6:39am On Apr 13, 2012
Here are 15 good reasons why Nigeria is a great place for business.

1. Nigerians are one of the happiest people on earth. They were confirmed as the world’s happiest people two years ago by a Gallup poll. Forget the fact that some people, after poll, now say Nigerians are the 100th happiest people. Everybody who has been to Nigeria knows that they don’t play with their happiness.

2. Nigerians are very optimistic even in the face of big difficulties

3. Nigeria’s large market (based on its population) encourages foreign investment eg MTN’s largest subscriber base in the whole of Africa is right here in Nigeria.

4. Tasty soup dishes abound in parts of Nigeria

5. Nigerian’s are their brother’s keeper. They don’t mind their own business when some other person is in trouble. Like is done in some western part of the world.

6. Nigerians are a very forgiving people (which is why many bad leaders are still alive)

7. The Argungu fishing festival (where foreigners and locals enjoy the latest mass fishing carnival complete with traditional music and prizes for fishermen with the biggest catch)

8. Nigerians are peaceful and non-voilent people (that is why uprisings in spite of the Arab revolutions do not occur). Boko Haram terrorists are a very deviant few.

9. Nigerians respect the institution of marriage (far, far fewer divorces than is obtainable in the West and some parts of Africa)

10. Nigerians are one of the hardest working people on earth (that may have been their saving grace)........

http://nairabrains.com/2012/04/15-reasons-why-nigeria-is-a-great-place-to-do-business/
Business / Re: 5 Simple Steps To Register Your Business In Nigeria by mrinfo(m): 12:17am On Mar 04, 2012
@cashmentor, it is possible but I am nit sure about the process. You may have to walk into the nearest CAC office and ask them precisely.

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