Category Archives: Africa & Global Business

A PRAYER AS BOMBS GO OFF IN BOSTON

The deadly bombing at the Boston Marathon Monday has left at least three people dead — including an 8-year-old boy — and more than 130 others wounded. Two explosions rocked the Boston Marathon near the finish line, causing multiple casualties and sending … read more »

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The Brics could break up

When Jim O’Neill published his seminal piece “Building Better Global Economic BRICs” in 2001 he never imagined the economic and political impact he would trigger just by coining the term Brics. Few now remember that the main argument of his … read more »

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THE ONE

Voters give OBAMA/BIDEN BROAD MANDATE:  Vice President Joe Biden, speaking to reporters the day after the election, said the Obama administration has a mandate on the issue of tax policy heading into the next critical weeks. “You guys have probably … read more »

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How Bad is the Murtala Airport?

Passengers arriving at Murtala Mohammed airport in Lagos could be forgiven for thinking they had stumbled into a refugee camp. In a big white tent a throng of people struggle with luggage in the sapping heat and humidity. In front … read more »

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Hurricane Sandy….The Frankenstorm…

The Frankenstorm may hit the Northeast if Hurricane Sandy, currently in the Caribbean as a Category 2 storm, meets an early winter storm in the West with a blast of arctic air from the North, according to CBS News. Frankenstorm is … read more »

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How many more church bombings can Nigerians take………

At least seven people have been killed and dozens injured in a suicide bombing during Mass at a Catholic church in northern Nigeria, officials say. An explosive-laden vehicle drove into the church and detonated its load, ripping a hole in … read more »

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NIGERIA-RIBADU UNCOVERS BILLIONS IN OIL LOSSES

(Reuters) – Nigeria lost out on tens of billions of dollars in oil and gas revenues over the last decade from cut price deals struck between multinational oil companies and government officials, a confidential report seen by Reuters says. A … read more »

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US-NIGERIA Infrastructure Conference in DC starts today

The US -Nigeria Infrastructure Conference starts today october 10th for 2 days at the Marriott’s Wadman Park Hotel is titled “Building the Infrastructure for Nigeria’s Vision 20:2020”. This in continuation of the embassadors welcomed efforts to bridge the global gap … read more »

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Maternal and Child health — any progress?

Better healthcare for women in low-income households is a formidable challenge in Nigeria, which accounts for 10 percent of all maternal deaths globally. In Adamawa, one of the country’s largest states, the chances of a pregnant woman delivering her baby … read more »

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An Integrated Payment and Supply Solution for Nigeria’s Electric Power Industry

An Integrated Payment and Supply Solution for Nigeria’s Electric Power Industry   Overview: The supply of steady electric power in Nigeria has remained a major problem for growth and development of industry and human capital in the nation. It is … read more »

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Nigeria to Put $1 Billion to Work in Sovereign Fund

DDIS ABABA, Ethiopia—Nigeria’s $1 billion sovereign-wealth fund is set to start operating in the next few months, said the country’s finance minister Ngozi Okonjo-Iweala, in what would mark a crucial step to help the governement finance the revamping of its … read more »

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Kenya to bid for 2024 Olympics

  Kenya will bid to become the first African nation to host the Olympic Games in 2024, Raila Odinga, the country’s prime minister, has said. Speaking to the FT in London, Mr Odinga said sub-Saharan Africa’s time to host the games had … read more »

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CONSTITUTIONAL AMENDMENT; Regional Governance

All the News Papers are awash with the impending amendment of the constitution, there is an on-going debate now about the way forward for the country. It is clear that Nigerians are divided over the issue; some want the status … read more »

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Clinton -US COMMITTED TO AFRICAN TRADE DEAL

President Obama is committed to preserving the United States’ preferential trade deal with Africa and will immediately begin working with the new Congress to renew it if he’s reelected, Secretary of State Hillary Clinton said Tuesday during a stop in … read more »

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Could Africa be world’s next manufacturing hub?

cnn.com Yes, if Africa can implement appropriate supportive policies to leverage its opportunities soon. This is the finding from a recent book by a team of World Bank economists. China dominates the global export market in light manufacturing, and its … read more »

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