Nigeria Population at 182 Million, With Widening Youth Bulge

  Nigeria Population at 182 Million, With Widening Youth Bulge By Dulue Mbachu and Tope Alake November 8, 2016 Younger population increases demands on schools, clinics Government to soon decide the date for a new national census Nigeria’s population reached 182 million this year with more than half its people under 30 years of age, putting…

Sierra Leone’s “Peace Diamond” Sells for $6.5m in New York

    Sierra Leone’s “Peace Diamond” Sells for $6.5m in New York Sierra Leone’s giant 709-carat diamond has sold at auction in New York for $6.5m ($4.8m; €5.5m), Monday, December 4th, 2017. Laurence Graff, chairman of Graff Diamonds, won the precious stone – nicknamed the “peace diamond” – in bidding on Monday. Half of the…

Pay-Back for Zimbabwe’s Military in First Post-Mugabe Cabinet

  Pay-Back for Zimbabwe’s Military in First Post-Mugabe Cabinet When Zimbabwe’s army incarcerated Robert Mugabe in his house last week, presumably to keep him safe from his enemies after people thought it was a coup, many around the world immediately noticed the irony. The same apparatus of the government that helped prop up Mugabe’s dictatorship…

2017 Nielsen Africa Country Rankings: Nigeria, Kenya and South Africa Still Key Investment Hubs

  2017 Nielsen Africa Country Rankings: Nigeria, Kenya and South Africa Still Key Investment Hubs   Manufacturers and retailers seeking to stay one step ahead in Africa’s complex markets need to move beyond ‘business as usual’ – they simply cannot keep doing the same things and expecting a different result. This is the latest insight…

Why Nigerians Distrust Online “Black Friday” Deals, But Flock to the Stores

  Why Nigerians Distrust Online “Black Friday” Deals, But Flock to the Stores   While being one of the numerous skeptics about Black Friday in Nigeria, new mom, Victoria Feyikemi, kept refreshing the pages of leading e-commerce sites, Jumia and Konga, in search of the best offers for baby monitors. Eventually she gave up when…

The Crocodile and an Economic Wasteland: What Mnangagwa Must Do to Revive Zimbabwe

    The Crocodile and an Economic Wasteland: What Mnangagwa Must Do to Revive Zimbabwe Emmerson Mnangagwa NAIROBI – When Emmerson Mnangagwa takes over from Robert Mugabe as Zimbabwe’s President on Friday, he’ll inherit an economic wasteland that will take years and a complete reversal of some of the government’s signature policies to set right. Among Mnangagwa’s key challenges will be…

Alibaba’s Dominance of China’s (and Global) e-Commerce Market

  Alibaba’s Dominance of China’s (and Global) e-Commerce Market Billionaire investor and Trump gadfly Mark Cuban tweeted at the U. S. President Donald Trump Wednesday, 22 November 2017, asking if he knew how big of an impact a single Chinese company has had on the U.S. stock market. Cuban asked Trump if he realized that…

Nigeria’s Largest Insurance Companies and the $456M Under-Performing Sector

  Nigeria’s Largest Insurance Companies and the $456  Million Under-Performing Sector The Nigerian Insurance Sector is often regarded as the most under-performing in the financial sector, especially if you compare it to other insurance sectors across the world. At a combined market capitalization of about N146 billion it pales in comparison to the banking sector,…