Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has called for increased representation of the continent on the International Maritime Organisation (IMO) council and its secretariat. Peterside who made the appeal when he led a delegation of some members of AAMA Executive Committee to meet with the IMO Secretary General, […]
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With 91 million Internet users, Nigeria ranks first in Africa and eighth in the world in terms of Internet growth, Google says. The company’s Country Manager in Nigeria, Juliet Ehimuan-Chibuzor, stated this on Friday, a day after the ‘Google for Nigeria ‘ event in Lagos. She said, “With the massive Internet growth in Nigeria, the […]
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Aliko Dangote; still Africa’s richest despite naira fall Although, Africa’s richest man, Nigerian Aliko Dangote dropped to 105th on the 2017 Forbe’s real-time billionaires’ ranking, he maintains the lead in Africa, as the richest man. Dangote, who was ranked 51st in 2016 with a net worth of $15.4 billion, currently has a net worth of […]
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Google aims to train 10 million people in Africa in online skills over the next five years in an effort to make them more employable, its chief executive said on Thursday. The U.S. technology giant also hopes to train 100,000 software developers in Nigeria, Kenya and South Africa, a company spokeswoman said. Google’s pledge marked […]
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Africa Prudential Registrars Plc has been named the Best Registrar Firm in West Africa by Africa-Canada Trade Alliance at the 7th Edition of the West Africa Innovation and Excellence Awards ceremony which held at Abuja recently. According to a letter issued by the organisers, the innovation award celebrates outstanding innovations, brands and personalities in the […]
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Despite Nigeria’s inflation rate of 16.10 per cent in June, 2017, the International Monetary Fund (IMF) has projected that Nigeria’s economy will grow faster than South African economy in the 2018 fiscal year. According to its World Economic Outlook (WEO) for July 2017, the IMF said that Nigeria will grow at 1.9 per cent in […]
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Nigeria’s Acting President, Professor Yemi Osinbajo, has restated the need for African leaders to come up with reforms that will ensure development in the oil and gas sector. Professor Osinbajo expressed confidence that such reforms would go a long way in cushioning the losses incurred as a result of the fall in the price of […]
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The United Bank for Africa (UBA) Plc, through its Corporate Social Responsibility arm, the UBA Foundation, continued on its quest to educate and empower African youths as it visited Our Lady of Mercy Girls Secondary School in Nairobi to donate over 500 copies of the book The Fishermen (by Chigozie Obioma), under the UBA Foundation’s […]
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The Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, Tony O. Elumelu, CON, has called on African leaders and development institutions to help address the deepening job and employment crisis bedevilling the continent by lending support and paying more attention towards the agricultural sector, creating access to electricity and developing entrepreneurship. Elumelu […]
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South Africa’s finance minister laid out an ambitious 14-point programme on Thursday to wrench the economy out of recession that included the sale of non-core assets and partial privatisation of state-owned firms. The plans to stimulate growth in the continent’s most industrialised economy appear to represent an ideological shift by the ruling African National Congress, […]
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Libyan and Nigerian officials may attend a joint meeting between OPEC and non-OPEC nations later this month as oil producers look for ways to cap rising production to help support oil prices. Both countries have boosted production since they were exempted from an OPEC-led deal to cut output, weighing on global prices. This has prompted […]
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Guaranty Trust Bank Plc has emerged Nigeria and Africa’s best bank for SMEs during the 2017 Euromoney Awards in London at the prestigious Tower of London, last weekend. Now in its 26th year, the Euromoney Awards for Excellence covers more than 20 global product categories, including the best banks in over 100 countries around the […]
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