MainOne Partners with WACREN To Boost Connectivity in Research and Education Institutions

PRESS RELEASE

MainOne partners with West and Central African Research and Education Network (WACREN) to boost connectivity in research and education institutions

The reliable internet connectivity solution provided by MainOne guarantees a sustainable high-capacity data network that serves higher education and research institutions across the region

LAGOS, Nigeria, January 24, 2018/ -- Following a highly competitive and non-discriminatory bidding process involving leading communications operators in Africa, leading Connectivity and Data Center solutions provider, MainOne (www.MainOne.net) has emerged winner of a 15-year contract with the West and Central African Research and Education Network (WACREN) (www.WACREN.net) to provide high-speed bandwidth services. WACREN, the regional research and education network (REN) that facilitates interconnections between national RENs in West and Central Africa will use MainOne to provide high-speed backbone data services including internet access to schools, colleges and universities, research and the general academic community across West and central Africa.

Dangote’s Multi-Million Naira Unibadan Business School Ready Soon

PRESS RELEASE



Dangote’s Multi-Million Naira Unibadan Business School Ready Soon

This venture is part of a N2 billion investment by the Aliko Dangote Foundation, across various institutions, in support of Tertiary education in Nigeria

LAGOS, Nigeria, January 23, 2018/ -- Foremost entrepreneur, Aliko Dangote has assured that the N250 million University of Ibadan Business School being constructed by him would soon be ready for commissioning.

The business mogul is also constructing same type of project in the Bayero University Kano (BUK) and will be ready for hand over to the university management anytime from now.

Bitcoin Does Not Grow On Trees

Bitcoin does not grow on trees.
~ Ekenyerengozi Michael Chima

The price of #Bitcoin crashed to below $10,000 days ago from the record high $20, 000 in December 2017 and many investors panicked!  Fears of suicide circulated as more than $200 billion was reported wiped off the cryptocurrency markets.

When Bitcoin’s price increased by over 1,100% last year, investors with foresight knew the price would crash.
It is logical.

How Federal Government, AfDB are Working Together to Reduce Poverty, Create Jobs and Overcome Fallouts of Insurgency – VP Osinbajo

PRESS RELEASE

How Federal Government, AfDB are Working Together To Reduce Poverty, Create Jobs and Overcome Fallouts of Insurgency – VP Osinbajo

Address by His Excellency, Prof. Yemi Osinbajo, SAN, The Vice President, Federal Republic of Nigeria at The Commissioning of the AfDB Nigeria Country Office, Abuja on Thursday, 18th January, 2018.

ABUJA, Nigeria, January 18, 2018/ -- ADDRESS BY HIS EXCELLENCY, PROF YEMI OSINBAJO, SAN, THE VICE PRESIDENT, FEDERAL REPUBLIC OF NIGERIA AT THE COMMISSIONING OF THE AfDB NIGERIA COUNTRY OFFICE, ABUJA ON THURSDAY, 18TH JANUARY, 2018:

Excerpt:

“While Africa has made significant strides in economic growth and in poverty reduction, much remains to be done. The goal is clear - to eradicate poverty, create more inclusive socio-economic development and to integrate the continent.

“I am particularly delighted that the Bank is working closely with this administration in addressing the challenges faced by communities and people emerging from the insurgency in the North East and some of the militancy in the Niger Delta Region.

“With its large market of over 185 million people, Nigeria will continue to be an important player in the Bank's work, advancing efforts to boost regional integration within the Economic Community of West African States (ECOWAS) in particular and Africa as a whole.”

Analysts Predict Bullish Future for Nigeria’s Real Estate Investment Trust (REITs) Market

Nigeria: Analysts Predict Bullish Future for Nigeria’s Real Estate Investment Trust (REITs) Market

PRESS RELEASE

Analysts Predict Bullish Future for Nigeria’s Real Estate Investment Trust (REITs) Market

Nigerian REITs market is underdeveloped with only three established and with a combined market capitalisation of $151 million, or 0.36% of the local stock market

LAGOS, Nigeria, January 19, 2018/ -- The globally recognised real estate-focused West African Property Investment (WAPI) Summit (www.WAPIsummit.com) which recently took place between the 28th and 29th of November 2017 provided delegates with insight into a real estate sector that is set to rebound strongly in 2018.

2018 African Economic Outlook: African Development Bank Makes a Compelling Case for Africa’s Industrialization

Africa: 2018 African Economic Outlook: African Development Bank makes a Compelling Case for Africa’s Industrialization

PRESS RELEASE

2018 African Economic Outlook: African Development Bank makes a compelling case for Africa’s industrialization

The Bank would organise the Africa Investment Forum on November 7-8, 2018 in Johannesburg, South Africa, to mobilise funds for infrastructure development, to bridge an estimated funding gap of $130-$170 billion a year

ABIDJAN, Ivory Coast, January 19, 2018/ -- The President of the African Development Bank (www.AfDB.org), Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialization in order to create jobs, reduce poverty and promote inclusive economic growth.

Akinwumi Adesina, President of the African Development Bank.

Citing data from the Bank’s 2018 African Economic Outlook (http://APO.af/GHTmei) launched in Abidjan, Côte d’Ivoire, on Wednesday, Adesina said infrastructure projects were among the most profitable investments any society can make as they “significantly contribute to, propel, and sustain a country’s economic growth. Infrastructure, when well managed, provides the financial resources to do everything else.”

Scramble for African Real Estate to Reach A Fever Pitch

PRESS RELEASE

Scramble for African Real Estate to Reach A Fever Pitch

Africa's leading provider of real estate development and investment conferences, API Events, will continue to set the agenda for the property industry

JOHANNESBURG, South Africa, January 17, 2018/ -- Demand for investment in African real estate is expected to reach a fever pitch in 2018, and beyond, as the continent’s markets turn to growth after years of trying trading conditions. Following a successful year in which it launched new conferences in challenging economic conditions, Africa's leading provider of real estate development and investment conferences, API Events (www.APIevents.com), will continue to set the agenda for the property industry as we enter what many property experts are calling the ‘second scramble for Africa’.

Japan Approves Bitcoin As Legal Currency

Japan's decision to legalize Bitcoin as legal currency is enough validation of cryptocurrency.
~ Ekenyerengozi Michael Chima, https://www.amazon.com/author/ekenyerengozimichaelchima.
@Orikinla Osinachi,
CEO, International Digital Post Network Limited (IDPNL), author of "#Bitcoins for #Nollywood"

In April, 2017, Japan passed a law recognizing bitcoin as legal tender. 

In September, 2017, Japan's Financial Services Agency (FSA) officially recognized 11 companies as registered cryptocurrency exchange operators. officially recognized 11 companies as registered cryptocurrency exchange operators. 

American billionaire, Warren Buffett said he regrets not investing in @Google and @Amazon when they launched. And I am afraid he is also going to regret not investing in Bitcoin now. The last time I checked, Warren Buffet called Bitcoin a "scam" and I chuckled at him. Well, he is a bricks and mortar business man who made his billions by being a smart investor and not by being a genius like any of younger Silicon Valley billionaires and one of them, Jeff Bezos, Founder and CEO of Amazon.com is richer than him with current net worth of US$110 billion.

Bitcoin is money in digital currency.

Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

A blockchain is a global online database that anyone with an internet connection can use. Unlike traditional databases — which are typically owned by big institutions — a blockchain doesn't belong to anyone; and with an entire network of people monitoring it, cheating the system by faking documents, transactions and other information is nearly impossible.
#Bitcoin
#Blockchain
#Ethereum
#Ether
#Crypto
#Cryptocurrency

Stephanie Linus Visits The Rescue Ship “Aquarius” in Italy as She Advocates Against Human Trafficking

Stephanie Linus Visits The Rescue Ship “Aquarius” in Italy as She Advocates Against Human Trafficking

It’s another day of Stephanie Linus’ visit to Italy where she is advocating against human trafficking.

In partnership with international medical humanitarian organization - Doctors Without Borders (MSF) and European Organization for the Rescue of Lives in the Mediterranean - SOS Mediterranee, she visited the rescue ship “Aquarius” today.

Her visit was a very productive one. Mrs Linus and her team were given a tour of the ship, and afterwards, discussions on the overall need to educate people on the dangers of being trafficked and integrating the rescued victims back into the society followed.

200 Migrants Died or Gone Missing in the Mediterranean Sea Since January 1st

Some of the rescued migrants aboard a Libyan Coast Guard vessel. Photo: IOM Libya/Eshaebi/2018.

Tragic start to New Year for migrants as hundreds feared dead in Mediterranean – UN

NEW YORK, 10 January 2018 / PRN Africa / -- A little more than a week into the New Year, close to 200 migrants or refugees have reportedly died or gone missing in the Mediterranean Sea – with up to 100 unaccounted for since Saturday, the United Nations migration agency said Wednesday.