Posts

Showing posts from March, 2009

DUBAI BUSINESS SUMMIT

Infoplus/IBG Nigeria and All Eyes on Africa (Maryland USA) invite you to Dubai Business Summit. Venue: JW Marriott Hotel, Dubai, UAE Date: June 15-20, 2009 Dubai would remain relevant in global business for many years to come. The aim of the Dubai Business Summit is to assist with market entry into Dubai. So, establish your presence there by getting a foothold. Participants are from the US, UAE and Nigeria/Africa. Take advantage of the networking opportunities the summit presents. The summit would investigate business opportunities in the sectors as below: • Property • Retail Trade • Oil & Gas • Tourism • Health Care • Logistics and other services There would be a pep talk on recession proof investments in Dubai. Sites visits, tours and desert safaris are part of the package. Register now as spaces are filling up quickly. Call Ndudi Osakwe on 080 2353 0007 or email him on ibgnigeria@gmail.com

CNN's documentary misses new face of Lagos

It was about time to leave house two mornings ago when I heard a reporter on the Cable Network News (CNN) mention 'Lagos'. I stopped to listen. It was a story on the worst places for expatriates to work in the world, and apparently, Lagos topped the list. The report was based on Business Week's findings and other places mentioned included Riyadh in Saudi Arabia and some city in India but we had pride of place as the very worst host of all the world's countries to expatriates. The reporter, whose name I can't recall at the moment, told the CNN desk anchor he was trying to reach an expatriate in Lagos who would talk about his experiences here. He didn't forget to throw in a jibe when he said the difficulty in reaching that expatriate confirmed his theory about the state of affairs in Lagos. According to the reporter, the issues in Lagos included severe crime, horrendous traffic and many other major problems. He finally got through to the Lagos expatriate and it tu

TIME TO CONSIDER GIVING OUT FRANCHISE TO NIGERIA

I felt agitated after reading the Moody’s report on the state of the US economy. The report states that there will be a lot more bankruptcies. Moody's places 283 companies on its bottom-rung list, up from 157 a year ago. Companies exposed to consumer spending have it toughest. The industries most represented on the list are media, automotive, retail and manufacturing. Companies in the most acute danger are those with reduced cash flow and a high debt load. A lot of big, well-known companies are in danger. On the list: Advanced Micro Devices; AirTran; AMR (parent of American Airlines); Chrysler; Duane Reade; Eastman-Kodak; Ford; General Motors; JetBlue; Krispy Kreme; Palm; R.H. Donnelly; Reader's Digest Association; Rite-Aid; UAL (parent of United Airlines); Unisys; and US Airways. Many of the other firms on the list are second- or third-tier suppliers to automakers, airlines, and other troubled firms. Being on the list doesn't mean a firm is destined for bankruptcy. But it