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People's Parliament

1/12/2015

10 African startups that rocked 2014

More and more entrepreneurs turned their attention to building businesses that can solve the continent’s problems and provide services it has long awaited.

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People's Parliament

1/14/2014

Vocation and technical education: Key to improving nigeria’s development

Technical education is a planned programme of courses and learning experiences that begins with exploration of career options, supports basic academic and life skills, and enables achievement of high academic standards, leadership, preparation for industry-defined work, and advanced and continuing education.

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People's Parliament

11/26/2014

Nigeria devalues naira and raises rates after oil price slide

Nigeria has devalued the naira, saying a drop in oil prices had made it hard to defend its currency. The country’s bank central bank also raised interest rates from 12% to 13% in a bid to stem foreign reserve loses.

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People's Parliament

2/24/2015

South Africa’s Three Wheeler is in the lane

CNN)Ever hopped in a taxi and sat in traffic for hours whilst pedestrians and cyclists sailed past your window? If so, you may wondered whether you’re part of the problem and not the solution. As public transport networks continue to improve in many African cities, taxis remain a common mode of getting around

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People's Parliament

12/10/2014

Cocoa Production Still A Family Enterprise In Nigeria –US

Cocoa Production Still A Family Enterprise In Nigeria –US The United States, US says it is worried by the fact that cocoa production is still raised by hand, not by machine, and remains a very labor-intensive commodity to produce in Nigeria.

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People's Parliament

4/20/2015

How Nigeria Is Investing In People

How Nigeria Is Investing In People – More than half of Nigeria’s 177 million citizens are under the age of 25. Africa’s most populous country is making essential investments in education, healthcare and social services to ensure that Nigeria’s youth have the skills, resources and opportunities necessary to accelerate Nigeria’s ascent as a global economic power.

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People's Parliament

2/9/2016

Buhari’s Naira policy ‘ll encourage same corruption of subsidy regime — Sanusi

Buhari’s Naira policy ‘ll encourage same corruption of subsidy regime — Sanusi – Erstwhile governor of the Central Bank of Nigeria, CBN, now Emir of Kano, Alhaji Muhammad Sanusi II has criticized President Muhammadu Buhari’s endorsement of the CBN’s foreign exchange, forex, policy, arguing that policy encourages corruption.

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People's Parliament

2/15/2016

How a rotten civil service cripples Nigeria anti-graft war

Not many Nigerians were stunned recently when revelations came to light that a cartel in the federal civil service made up of senior officers, as well as others from the ranks, tagged ‘budget mafia’ had smuggled items into the budget proposal submitted to President Muhammadu Buhari amounting to about N1.7 trillion.

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People's Parliament

2/16/2016

Finding a Remedy for Nigeria’s Troubled Currency

The continuous slide of the naira on the parallel market as well as foreign currency restrictions in the country have continued to ignite the naira devaluation debate. Most foreign investors and analysts strongly hold the opinion that the official naira exchange rate is not sustainable and should be adjusted to somewhere close to the parallel market rate.

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People's Parliament

3/17/2016

Foreign Investors Dump Nigerian Stock Exchange (NSE)

Foreign Investors Dump Nigerian Stock Exchange (NSE) for Nairobi, Johannesburg Exchanges By Eromosele Abiodun – The expectations that Nigerian equities market will rebound soon may be dashed as some of the foreign investors, who left the Nigerian Stock Exchange (NSE) are taking advantage of opportunities in Kenya and Johannesburg, South Africa.

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3PSMARS Analytics

11/26/2014

How to Build an ‘African Model’ for Success in Manufacturing

When it comes to ramping up manufacturing in Africa, there are myriad impediments, but, given time and effort, they are surmountable, said participants on a panel titled, “Manufacturing: From Asian Tiger to African Lion?” at the recent Wharton Africa Business Forum in Philadelphia.

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3PSMARS Analytics

12/4/2014

Nigeria Signals Revenue to Plunge as Benchmark Oil Price Cut

First published in bloomberg.com By Chris Kay and Emele Onu Dec 4, 2014 10:26 AM GMT+0100; Photograph by: Chris Goodney/Bloomberg On Nov. 16, Finance Minister Ngozi Okonjo-Iweala had cut the benchmark price to $73 a barrel for 2015, down 5.8 percent from this year’s budget. Nigeria lowered its budgeted oil price for a second time in less than a month, signaling government revenue is set to plunge in Africa’s biggest crude producer.

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