Nigeria’s Colourful Show at the World Travel Market

The glitz and glamour of the World Travel Market held in London may have come and gone, but the event was an eye opener that African tourism remains a big force in world tourism as the continent’s representatives in unison said despite the Ebola epidemic in three West African States, nothing is going to stop tourism in Africa. Funke Olaode reports

The World Travel Market situated in Excel, East London has often been described as a place to showcase tourism and hospitality by stakeholders across the globe. And over the years, it has lived up to its expectation by parading the best.  Between November 3 and 6, the world again converged on London to brainstorm on how to make the industry better.

Leading the Nigerian delegates was the

Court: Access Bank’s £654m London Judgment against Akingbola Not Enforceable in Nigeria

A Federal High Court in Lagos on Monday held that the judgment of a London court ordering the former Managing Director of the defunct Intercontinental Bank, Erastus Akingbola, to pay Access Bank £654 million (N212.2 billion) is not enforceable in Nigeria.

Justice Chukwujeku Aneke, who made the order, dismissed an application filed to that effect by Access Bank.

A Lagos High Court in Igbosere had also rejected a similar application filed by Access Bank. The order of the Lagos High Court had prompted Access Bank to approach the Federal High Court.

The High Court of Justice, Queens Bench in London, had on August 1, 2012, ordered Akingbola to pay Access Bank £654 million over some fraudulent transactions

Shoe maker Jimmy Choo to step out on London market

Jimmy Choo set out plans on Tuesday to join the London Stock Exchange next month in a deal that could value the upmarket shoe maker at more than 700 million pounds ($1.2 billion), seeking to woo investors with the prospect of expansion in Asia.

Its owner JAB Luxury, the investment arm of the billionaire German Reimann family, plans to sell at least 25 percent of the company in the listing.

Jimmy Choo will market itself as a chance to gain exposure to the upper end of the shoe market, one of the fastest growing areas in the luxury goods industry.

Its flotation, however, comes at a challenging moment, with slowing growth in the industry overall and investor worries about conflicts in Ukraine and the Middle East which could affect future sales and expansion plans.

The brand, famous for its rock chic style and perilously high heels, is seeking to grow its business by opening new stores in Asia and elsewhere, although

Scottish independence: RBS confirms London move if Scotland votes Yes

Royal Bank of Scotland has confirmed it will relocate its registered headquarters to London if Scotland votes for independence next week.

The bank said in a statement that it believed it would be "necessary to re-domicile the bank's holding company".

 In a letter to staff, the bank's chief executive said it had no intention to move operations or jobs.

 Meanwhile, Scotland's largest fund manager's boss said an independent Scotland would be a huge success.

 Martin Gilbert, chief executive of Aberdeen Asset Management said: