Nigeria To Get $3 Billion Loan from China Next Week
President Goodluck Jonathan will travel to China next week to sign a loan agreement with the Chinese Government for $3 billion. The loan is part of the $7.9 billion external borrowing plan approved by the legislature last year. The Nigerian Government wants to use the loan to build infrastructure which will boost economic growth. The loan […]
Maternal and Infant Mortality in Nigeria is Grim, Says International Report
Nigeria ranks low in a list of countries for maternal and infant mortality, so says a London-based charity — State of the World’s Mothers — research. It states that, “While 43 percent of under-5 deaths are newborns, only 6 percent of aid dollars for maternal, newborn and child health go to newborn-sensitive activities, and only 0.1 percent of […]
Following Brazil and China, Nigeria to Open Cultural Centre in South Africa
Nigeria’s Tourism, Culture and National Orientation Ministry has said it would open a cultural centre in South Africa this year, following those established in 2008 and 2012 in Brazil and China respectively. Dr. Taiwo Oladokun, the media assistant to the Minister, Edem Duke, explained that; “It would also be used to strengthen cultural relations […]
Yandex is Number Four, Surpasses Bing, on Global Search Engine Ranking, for late-2012
Yandex is the fourth biggest search engine in the world, according to a qSearch report, from world’s web monitoring firm – comScore. The report submits search reports for November and December of 2012, globally, with Google on top, at 65.2% of the market share from 114.7 billion search queries. China’s Baidu followed with 8.2% share […]
By 2050, Nigeria will be 13th, on World Economic Rankings, PWC Says
One of the big four global accounting firms, Price Waterhouse Coopers (PWC), has released its extended 2013 study, titled – World in 2050 The BRICs and Beyond: Prospects, challenges and opportunities – which also includes projection on Vietnam, Nigeria, South Africa, Malaysia, Poland, Saudi Arabia and Argentina. BRIC is an acronym for Brazil, Russia, India […]
With 1 million subscribers, StarTimes to Invest another N15 billion in Nigeria
Pay TV service, StarTimes, that entered the Nigerian market several months ago, with international and local channels, affordable to several households, has bit 1 million subscribers nationally. The service came from partnership between Nigeria and China, with an initial investment of N15 billion. Going strong and ahead in its business, StarTimes has decided to invest […]
Samsung is the Biggest Mobile Brand of 2012
Samsung is the biggest mobile brand of 2012, having the highest unit of device sales globally — according to an intelligence firm that tracks mobile handset sales, IHS iSuppli. They have a report that projects the fourth quarter of this year and what results will look like. It submitted in its report that, “Mobile handset revenue is […]
Ekiti State And Samsung Sign Memorandum of Understanding (MoU) To Build Engineering Academy
By David Stephen. Ekiti state governor, Dr. Kayode Fayemi recently returned from a tour of Asia, in line with his move for development and advancement for Ekiti. His itinerary with his team, took him to China and South Korea, where he made moves that will return progress to Ekiti and Nigeria. In China, he attended […]
Lagos State To Introduce Mandarin Into Language Curriculum For Schools.
By David Stephen. The Lagos state government is set to introduce Chinese official language – Mandarin – studies, into the curriculum of public schools from next session. This is a result of a partnership between the Lagos Government and the Chinese Confucius Institute, in Lagos. The move, according to the Lagos Commissioner for Education Mrs. […]
The Paralympic Games Come To An End.
By Arinze Ude. The 2012 London Paralympic Games ended yesterday in a grand ceremony; there were performances, arts and display. Rock group, Coldplay, performed 15 songs including Paradise, the theme song of the Games. The 12-day event saw 4,200 Paralympians from 164 nations compete and battle for top honours in various sports events defying the […]