Threats to Sustained Economic Growth in Nigeria and Your Pocketbook –IMF’s View Consistent policy implementation, forex market segmentation, banking systems fragilities have been identified by the International Monetary Fund (IMF) as major threats to sustained economic growth which is being witnessed in Nigeria since the country came out of its worst economic recession in more…
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East Africa’s Rising Reputation Among the World’s “Best” in International Arbitration Although international arbitrators from the United Kingdom, France and the United Statesare generally considered to be among the “best in the world”, Africa’s top international arbitrators can make a strong case for being included in those ranks. This is not an assessment based on continental pride or other…
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Francophone Africa’s Leading Economies Outshine Peers in Political Risks Côte d’Ivoire and Senegal shoot up in country risk survey; South Africa dives in ECR data, as anglophone states languish. The latest Euromoney Country Risk survey shows Francophone west Africa’s biggest economies continue to improve in analysts’ views, while anglophone leaders including Kenya and South…
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West African Business Should Turn to Solar for Their Bottom Line By FEMI FADUGBA “Honestly, I’m surprised this place even runs,” says the technical director of a multinational consumer goods company, with a large factory on the outskirts of Lagos, Nigeria, as he gestures at the flickering lights above his head. “Besides the high cost of…
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Comments Nigerian food and cuisine culture is undergoing a revolution, and you didn’t know it! There are hundreds of haute cuisine spots in several urban centers, but more ubiquitously in Lagos (Lekki, Ikoyi, Victoria Island in particularly) and Abuja (particularly in Maitama and Wuse Zone II up-scale districts). There are scores of food bloggers, social…
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The Wealth-Creation Potential of Nigeria’s Changing Haute Cuisine Culture Image copyrightRED DISH CHRONICLESImage captionChicken sandwiched with roasted plantain – a modern twist on traditional ingredients As more chefs start serving Nigerian food in expensive restaurants, Ijeoma Ndukwe asks if Nigerians will ever consider paying a lot of money for traditional dishes. Smoke rises…
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Why Facebook Chose Nigeria for Its First African Small and Medium Enterprise Council Facebook (NASDAQ: FB) has launched its first African Small and Medium Enterprise (SME) Council in Nigeria. The council is made up of a combination 15 vibrant start-ups and established SMEs from a range of industries and locations across Nigeria, including Lagos,…
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India’s Radical Plans to Leapfrog the Western Model of Car Ownership As the country’s growing middle class starts to emulate the developed world’s car culture, the government is trying to chart a different path. “We think there’s this window of opportunity . . . for India to be in a more advantageous position than…
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Background to the Barrick Gold/Acacia Mining Dispute With Tanzania and Way Forward Recent reports, especially Western business media, regarding the relations between Barrick Gold Mining Ltd. (ABXU.S.: NYSE) / Acacia Mining Plc. (LON: ACA) and the government of President John Magufuli have tended to forget the history of the formerly socialist country’s relations…
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Should You Trust the World Bank? Its 2017 Annual Report Will Surprise You The World Bank Group has just released its 2017 Annual Report, which covers the period from July 1, 2016, to June 30, 2017. It was prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International…
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