Trying to Spread Africa's Wealth The New York Times | NICE — In years past, Africa was always the outsiders’ cornucopia, the font of gold and diamonds, slaves and minerals, cotton and rubber and, more latterly, oil. | These days, the continent’s riches draw a new cast of prospectors and predators, but the question is the same: who b...
Nigeria the frontier market for new hotel development Business Report | Demand outstrips supply in west Africa | Submit your comment | South African hotel groups are boosting their investments in oil-rich Nigeria, which is attracting a high level of international business travel. | Sun International has a casino hotel on Victoria Island, Lagos. Rival hotel grou...
Grounded by Graft 50 Years After Independence, Says Waziri All Africa Chairman of the Economic and Financial Crimes Commission (EFCC), Farida Wazirir, has regretted that Nigeria has performed very badly, 50 years after Independence, because of the crippling effect of corruption and other related vices. | ...
Fidelity Bank Posts N1.75 Billion Profit After Tax All Africa Fidelity Bank Plc has recorded Profit After Tax of N1.75 billion for the half year ended in December 2009. Chairman of the Bank, Dr Christopher Ezeh announced this at the bank's Annual General Meeting (AGM) held in Abuja, yesterday. | ...
Vice President, Others Laud CBN Over Intervention Fund All Africa Vice President, Namadi Sambo has applauded the efforts and commitment of the Central Bank of Nigeria (CBN) towards the resuscitation of the Small and Medium Scale Enterprises in the country. | ...
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African Gold Rush May Wane For Vodafone, Bharti Peace FM Online Vodafone Group Plc, France Telecom SA and Bharti Airtel Ltd., which spent at least $18 billion on deals in Africa and the Middle East in the last two years, may face lower margins ...
Keke Napep, Keeping the Faith All Africa The tricycle, popularly referred to as Keke NAPEP in the Federal Capital Territory (FCT), has, indeed, assumed a very important place in the territory's commercial transportation system, as it meets the yearnings and requirements of commuters, while ...
No Hiding Place for Bank Debtors - Sanusi All Africa Cleansing imminent at CBN || Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, yesterday stated that there was no hiding place for bank debtors, declaring that the Assets Management Corporation of Nigeria (AMCON) would employ all l...
Nigeria oil reform bill to pass by end Aug-minister The Guardian LONDON, July 30 (Reuters) - Nigeria's parliament will pass wide-ranging legislation to reform the mainstay oil and gas industry by the end of August and will delay a recess in order to do so if necessary, the oil minister told Reuters on Friday. "The...
Nigeria the frontier market for new hotel development Business Report | Demand outstrips supply in west Africa | Submit your comment | South African hotel groups are boosting their investments in oil-rich Nigeria, which is attracting a high level of international business travel. | Sun International has a casino hotel on Victoria Island, Lagos. Rival hotel groups Southern Sun and Protea are also present. | And...
Big Oil makes war on the Earth Asia Times | Jul 20, 2010 Page 1 of 2 | Big Oil makes war on the Earth | By Ellen Cantarow | If you live on the Gulf Coast, welcome to the real world of oil - and just know that you're not alone. In the Niger Delta and the Ecuadorian Amazon, among other places, your emerging hell has been the living hell of local populations for ...
