Current News for the week of November 24, 2014 Posted November 23, 2014 by admin

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Chinese Corporations Continue to Invest in Nigeria:

http://www.scmp.com/article/1644534/china-signs-its-biggest-overseas-contract-us12bln-nigeria-railway-deal
This story highlights the growing Nigerian Economy. The south (eg Lagos), is growing in to a true financial hub. CRCC, a Chinese corporation, has reached a deal to build a railway over 1400km from Lagos to Calabar; it is worth $12B USD. The project will create jobs and considerable amounts of revenue. More importantly, those of you from Lagos now have an excuse to find out about ‘those Calabar women’.

 

Africa’s 50 Richest:

 http://www.forbes.com/sites/kerryadolan/2014/11/19/africas-50-richest-2014-worth-a-combined-111-billion-up-nearly-7-percent-from-a-year-ago/
I enjoyed this story so much, I had to post it again. However, this week the story is from Forbes. This is very encouraging and makes me very proud.

 

Boko Haram/Government Ineptitude:

 http://www.economist.com/blogs/economist-explains/2014/11/economist-explains-10
I think this is a killer post, no pun intended. It provides a very, dare I say, avant-garde approach to defeating Boko Haram — fix the issues that have been plaguing the Nigerian government for years. This is a very good, short read. Enjoy.