HOW NIGERIAN COMPANIES ARE MAKING A PLAY AT MARKETS IN OTHER PARTS OF THE CONTINENT
Nigerian company, GZ Industries, a top aluminium can manufacturer in West Africa,announced its plans to build a 1 billion rand plant in South Africa. The company will partner with South African company, Golden Era Group, who deals in packaging. The partnership between the two companies is aimed at increasing expansion in the continent. The factory,
Why Hungarian-American Billionaire George Soros Is Investing In Africa
If billionaire George Soros is getting involved in Africa, it is because he knows that he can profit from it, according to investment newsletter ProfitConfidential. With a net worth of $26 billion, Hungarian-American Soros is one of the 30 richest people in the world, according to Forbes. He has a presence in many countries, earning a reputation as
IS NIGERIA REALLY LOSING FOREIGN INVESTMENT?
Since the beginning of 2015, the Nigerian economy has witnessed several twists and turns. It has suffered from the persistent slump in oil prices in the global market, the quest to combat the depreciation of the Naira, effects of the Chinese stock market crash, unfavorable policies, insurgencies and domestic political crises. All of these strains
ARE MSMES IN NIGERIA FINALLY GETTING THE ATTENTION THEY NEED?
The Central Bank of Nigeria (CBN) has disbursed N220 billion as part of a commitment to finance micro, small, and medium enterprises (MSMEs) by providing them with an accessible credit line. According to CBN director, Alhaji Ibrahim Mu’azu, the objective of presenting this opportunity to small businesses is to unlock their potential. It also aims
AFRICA IS AN OPPORTUNITY TO SEIZE, NOT A PROBLEM TO BE SOLVED — CASE FOUNDATION
Imagine being at work and having the electricity go out on a daily basis—sometimes for short periods, sometimes for long. Imagine trying to transport goods across a city or country without a reliable private or postal delivery service. Imagine trying to serve your customers, teach a class or simply keep in touch with those you
HOW READY IS AFRICA IN THE FIGHT AGAINST GLOBAL WARMING?
The United Kingdom’s MET office, recently released a report regarding, El Nino, a natural phenomenon which occurs every two to seven years. According to the report, the next two years will be the hottest in the world, as El Nino will heat up the world considerably. The MET Office’s Professor Adam Scaife said the Earth’s climate system is
10 Of The Most Generous African Philanthropists
For personal or spiritual reasons, plenty of charitable individuals in Africa never publicize their philanthropic acts. And while we can’t sing their praises, we can recognize the following African philanthropists, featured on Forbes.com, who have been open about donating $1 million or more in 2012 to causes including Nigerian flood relief, scholarships and health care.
‘Africapitalism’ Is The Key To Creating More Economic Opportunities In Africa
Images of refugees attempting to reach Europe through any and all possible means have dominated global media for weeks. Yet recent action by EU leaders to address this crisis, although laudable, in no way addresses the underlying challenges fueling the waves of migrants heading for European shores. Most of the migrants are refugees from war-torn Syria in
50,000 COMPANIES TO BE DELETED FROM CAC DATABASE OVER ANNUAL RETURNS
The Corporate Affairs Commission (CAC) of Nigeria has threatened that 50,000 companies could be removed from its register very soon for failing to file their annual returns. Mr Bello Mahmud, the Registrar General of the Commission, revealed that defaulters would face this punishment after due processes of notifications have been followed as prescribed by law. The
10 Of The Most Successful Businesswomen In Africa
The 21st century will be remembered as the era in which women all around the world rose and African women will be recognised right besides their global counterparts. There are a number of African women that are redefining the corporate scene on the continent and are making a mark in contributing to the economic growth