Welcome to the new website of the South Africa-Nigeria Chamber of Commerce, a resource for companies doing business in Nigeria or exploring the market and Nigerian companies looking at South Africa. The new site will now be a reservoir of useful information about the two countries that will be updated regularly. You will find contact details for our members and access to their goods and services under our Members link. Please note that some parts of the site are for members only.

MTN to invest $1bn in Nigeria

MTN would spend more than $1 billion (R8.1bn) in 2012 to improve its network in Nigeria, says Akinwale Goodluck, the spokesman for MTN's Nigerian unit.

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Tourism expert advocates Nigeria-South Africa collaboration

A South African travel and hospitality consultant, Elisha Maistry, has identified a number of steps that Nigeria and South Africa should take to achieve a mutually-rewarding business relationship in the travel and hospitality sector. 

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SABMiller makes changes in its African operations

SABMiller is to combine the operational management of the Castel and SABMiller businesses in Nigeria and Angola, with the Nigerian businesses being managed in future by SABMiller, and the Angolan businesses being managed by Castel. The company said the changes in its African operations, effective from 1 January, were a part of its strategic alliance agreement with the Castel Group.

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Fixing Murtala Mohammed ‘air-nightmare’

Nothing best exemplifies the state of Nigeria’s leadership than the dilapidating state of the gateway to the nation - the Murtala Mohammed Airport, Ikeja. An airport that sits strategically as not only a possible gateway to Nigeria, but West Africa as well as the rest of the World, MMA today sits as an example of a failed nation, a decaying leadership and above all, a clueless president!

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N50bn worth of sub-standard products enter Nigeria annually

Sub-standard products worth N50 billion enter the Nigerian market from Asian countries, the Director General of the Standard Organisation of Nigeria (SON), Dr. Joseph Odumodu, has disclosed.

Speaking in Abuja on 1 December, Odumodu said most of the products find their way into the country through the ports of Lagos, Port Harcourt and Calabar, while Abuja and Kano also have their share of imported products. He further said an estimated 80 per cent of goods imported into the country for onward distribution and use are sub-standard, and about 90 per cent of life endangering products, consisting of cables, extension cables, voltage stabilisers and other electrical products, are sub-standard.

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Stanbic IBTC appointed sole financial adviser for Lekki Epe International Airport

Stanbic IBTC Bank has been appointed sole financial adviser to the Lagos State government on the proposed Lekki-Epe International Airport project. The project is to be developed on a modular basis at an estimated project cost of $450m in its first phase, and would begin operations with a conservative capacity of two million passengers per annum, reaching five million passengers by 2015.

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W.AFRI-TEL Expo to boost business opportunities in Nigeria’s fast growing ICT sector

The growth of the Information, Communication and Technology (ICT) sector is at an all-time high in Africa and around the world. Mobile communications markets in Nigeria, Cameroon and the Ivory Coast alone earned combined revenue of $8.6- billion in 2009, according to business research and consulting firm Frost & Sullivan. This is estimated to reach $12.6-billion in 2016.

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Abuja hosts West African Power Investment Conference (Wapic)

With the imminent power sector privatisation in Nigeria, the event is perfectly timed to bring key investors, multilateral donors and financial institutions keen to invest in the sector together with utility leaders, policy makers, regulators and independent power producers.

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Woolworths to open three stores in Nigeria

Upmarket retailer Woolworths Holdings (WHL) on Wednesday said it had signed a joint venture with listed Nigerian company Chellarams Plc to open three stores in the country by December.

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Arik Air to start UAE flights

 Nigeria's Arik Air said yesterday it will launch services from Abu Dhabi International Airport next month. Abu Dhabi Airports Company (ADAC) and Nigeria's largest international carrier said operations would start on Tuesday November 29. ADAC added that it was looking to West Africa for further route launches in the future. Three non-stop weekly flights will connect the UAE capital to the city of Lagos, the companies said in a statement.

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