Nigeria: Latest News
Dana Sanchez, 12:43 pm
Dufil Prima Foods, once the only noodle maker in Nigeria, now has 16 competitors. Competition is good news for a country that has historically been unfriendly to manufacturers, a report says.
Makula Dunbar, 11:14 am
Secondary schools in Nigeria’s Yobe state have been ordered to close after suspected Islamist group Boko Haram killed 42 students Saturday July 6, The Independent reported. According to the report, the rebels used guns and bombs in the attack. Before littering the building with bullets and setting it on fire, group members led students into dormitories where they threw explosive devices.
Staff, 11:00 am
Choosing Airline Tickets Carefully – Visit discount websites before purchasing any tickets to see if they can combine flight segments from different airlines for an awesome deal, and look out for connecting flights or round trips to save even more money.
Makula Dunbar, 9:31 am
The Africa Finance Corporation (AFC) has disclosed plans to invest over $250 million in the power sectors in Nigeria, Ghana and Kenya. The corporation also said it would also accelerate the investment of another $1billion in additional in sub-Saharan Africa energy projects.
Ann Brown, 11:04 am
Is it more difficult to find investors for businesses in Africa than the U.S.? Nigerian entrepreneur Ndubuisi Ekekwe says: “I do not focus on the difficulty; rather, I spend my time on the idea. If you have great ideas, you can easily get funding in Africa or the U.S. Investors are always attracted to great returns.”
Makula Dunbar, 12:13 pm
Sunday June 30 President Obama spoke at the University of Cape Town where he announced the U.S.’s pledge to support power sector stability across Africa.
Dana Sanchez, 5:21 pm
Africans have increasing opportunities to bring more food products to market. The question is, will Africa serve those markets or will producers outside Africa do that?
Dana Sanchez, 2:46 pm
The return on investment in Africa is always very high, says Aliko Dangote, Africa’s richest billionaire. “You are talking about 30 percent and above. And I don’t really believe that anybody who is serious about business should miss out.”
Staff, 2:00 pm
Referred to by some as the smartest bird in the world, African gray parrot can learn hundreds of words and sounds, eats seeds, berries, nuts and fruit, and lives in the central and western parts of Africa.
Dana Sanchez, 12:33 pm
EbonyLife, Nigeria’s new TV station, has the potential to inspire Africa, Steve Forbes said in a keynote address at its launch. The station comes at a time when the continent has a compelling story to share with the rest of the world.
- Real Estate