Nigeria: Latest News

  • Nigerians in India Hindered From Starting Small Businesses, Says Envoy

    By Ann Brown, 9:00 pm

    Many Nigerians leave Nigeria to start small businesses in other countries. But not in India. Although the two countries have bilateral relations describes as being on the level of a strategic partnership, problems concerning the Nigerian community in India hindering India’s relations with its largest trading partner in Africa. Nigeria’s high commissioner claims Nigerians are […]

  • European Parliament Moves To Ban Oil Stolen From Nigeria

    By Ann Brown, 2:00 pm

    From AllAfrica The European Parliament is set to stop the purchase of stolen oil from Nigeria in Europe. Any crude oil meant to be sold in the European market is now to be accompanied with a certificate of origin. This was one of the landmark decisions taken at the meeting of the members of the […]

  • New Pan African University To Focus On Tech, Innovation, Science

    By Dana Sanchez, 4:54 pm

    African Development Bank has approved a $45 million grant to support the creation of the Pan African University, according to a report in EngineeringNews. The university will consist of five themed institutes located in East, West, Central, North and Southern Africa. Programs will include basic sciences, technology and innovation (Kenya); earth and life sciences including […]

  • African Development Bank To Invest In Nigeria’s infrastructure

    By Dana Sanchez, 2:25 pm

    The African Development Bank said it plans to invest in Nigerian infrastructure and support policy there towards reducing poverty, according to a report in Vanguard. At a joint meeting planned in Abuja, the bank will hold talks with Nigeria’s Ministry of Finance and the country’s National Planning Commission that focus on challenges and opportunities faced by Nigeria, […]

  • U.S.-based Citigroup, Other Banks Expanding In Africa

    By Dana Sanchez, 11:49 am

    When Citigroup Inc. CEO Michael Corbat said in March the lender may exit or scale back business in 21 countries, he wasn’t talking about Africa, according to a Bloomberg report in IndependentOnline. Anticipating increased sales in Africa this year, the U.S.-based lender is hiring staff there, particularly for its custody and clearing operations. It plans to transform its […]

  • Citibank Latches Onto Economic Promise, Looks to Grow Revenue in Africa

    By Makula Dunbar, 9:59 am

    As increased trade, urbanization and digitization grows in Africa, banks look for avenues to increase capital. Citibank, the U.S.’s third largest bank, in regards to assets, is no exception. Business Day Live reports the group is expecting to increase revenue across the continent.

  • African Bloggers Not Finding Internet Gold, Yet

    By Nana Ama Sarfo, 8:42 am

    The recipe for blogging and journalistic success on the Internet is a little mystifying. You need a website, perhaps a camera, definitely a lot of ingenuity, and a strong network of supporters. There are bloggers and digital media journalists who have all, or some combination of the four, yet their websites are largely unknown.

  • Talking Tech With Jason Njoku, Nigeria’s Internet King

    By Ann Brown, 9:00 am

    Life in Nigeria is tough. Even the easiest of tasks are five times harder to complete than they should be, says Nigerian Internet entrepreneur and iROKO co-founder Jason Njoku . “The Internet presents us with ways of making life easier,” Njoku says. “Combine the two and you can see why Nigeria is breeding the next generation of Internet innovators.”

  • Bandeka: Africa’s Professional Dating Site Gains Momentum

    By Makula Dunbar, 11:05 am

    An online invite-only professional dating network created by Yaw Boateng and Tunde Kehinde is gaining attention even though new weekly sign-ups have slowed. During the first months of Bandeka’s launch, 80-100 users were creating profiles per week. Now, in regards to numbers, Boateng says Bandeka has reached a comfortable peak.

  • Top International NBA Players of All Time

    By Makula Dunbar, 11:00 am

    It’s always fun to watch Team U.S.A. dominate the competition in the Olympics, although sometimes a bit cringe-worthy. Who wins a basketball game by 70-plus points?! Regardless, there are some stars that pop up across the globe and make a splash in the NBA; many are even considered some of the top players of all […]

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