Petrobras To Sell Stake in Nigeria

Petrobras To Sell Stake in Nigeria

RIO DE JANEIRO, 01 November 2018 / PRN Africa / -- Petrobras International Braspetro BV (Pibbv), a subsidiary of Brazil's state-controlled giant Petrobras, unveiled the selling of its 50 percent stake in Petrobras Oil & Gas B.V. (Po&gbv), a joint venture in the Netherlands with BTG Pactual E&P B.V. with assets in Nigeria. The contract with the purchasing company, Petrovida Holding B.V was signed Wednesday (Oct. 31).

Petrovida is formed by partners Vitol Investment Partnership II Ltd, Africa Oil Corp, and Delonex Energy Ltd. The transaction is estimated to reach over $1.5 billion. Of the total, Petrobras will receive $1.407 billion in cash, subject to change until the operation is concluded, plus a future payment up to $123 million.

UN Urges More Protection for Nigeria's Most Vulnerable after Deadly Attack on Camp



OCHA/Yasmina Guerda Mafa, a camp for internally displaced people in Borno State, north-east Nigeria, January 2018.

UN Urges More Protection for Nigeria's Most Vulnerable after Deadly Attack on Camp

NEW YORK, 02 November 2018 / PRN Africa / -- “In the attacks the armed group killed at least eight and injured dozens more, kidnapped women and burned and looted homes, shelters and food stocks,” Jens Laerke, OCHA spokesperson, told journalists in Geneva.

Mr. Laerke said the attack happened two days ago at a Government-run facility a few kilometres from Borno state capital Maiduguri, and on communities close to the village of Dalori.

The camp is home to 12,600 people who fled clashes in recent months, the UN official said – a reference to fighting between Government forces and violent extremists that have claimed 29,000 lives since 2009 and contributed to one of the world's worst humanitarian crises.

UN Launches Awareness-Raising Radio Show on Perils and Opportunities of Migration in Nigeria

IOM Nigerian migrants stranded in Libya arrive in Lagos as part of IOM’s voluntary return and reintegration programme. 14 February 2017.
UN Launches Awareness-Raising Radio Show on Perils and Opportunities of Migration in Nigeria

NEW YORK, 30 October 2018 / PRN Africa / -- Every year, thousands of people from Nigeria and other Sub-Saharan African countries leave their families and homes in the hopes of finding work opportunities elsewhere. Many do it outside of the protected and safe international legal frameworks, which puts them at risk of trafficking, exploitation, detention without trial, sexual abuse, and other dangers such as dying at sea or in the desert.

The Cause of Widespread Poverty in Nigeria

The Cause of Widespread Poverty in Nigeria


I disagree with the recent erroneous and unverified report that Nigeria has overtaken India as the country with the largest population of extremely poor people in the world, because the foreign report was based on superficial coverage of the low income earners without a comprehensive analysis of the informal sector of the economy.
And contrary to popular political opinion, the cause of the widespread poverty in Nigeria is not bad government, but corporate greed and widespread intellectual illiteracy among the populace.

Nigeria's Economy is Expected To Grow at a Faster Rate

President Muhammadu Buhari with Bill Gates of the Microsoft Corporation.

Nigeria's Economy is Expected To Grow at a Faster Rate


President Muhammadu Buhari with Vice President Yemi Osinbajo, HRH. Muhammadu Sanusi II , 14th Emir of Kano, Alhaji Aliko Dangote of the Dangote Group and other business leaders.

Nigeria's economy is expected to grow at a faster rate and hence the purchasing power of people is also expected to increase in the coming years.

https://prnmedia.prnewswire.com/news-releases/nigeria-lubricants-market-is-expected-to-grow-at-a-healthy-cagr-and-is-expected-to-reach-over-ngn-405-billion-ken-research-698891321.html.

Indices of the current economic growth in Nigeria can be seen in this report and the report I shared yesterday on the increase in the international hotels in Lagos and Abuja.
These facts confirm the economic success of the administration of President Muhammadu Buhari.

Open Challenge To Alhaji Atiku Abubakar

@APCNigeria @FemAdesina @AsoRock @OfficialPDPNig
I am 100% Nigerian Igbo and brought @girlrising to Nigeria in 2013. I support @MBuhari 100% . Can @atiku show me what he has done for Igbos in Eastern Nigeria as I am promoting girl child education in northern Nigeria. pic.twitter.com/biTgHv98KH

— 247 Nigeria (@247nigeria) October 27, 2018

Open Challenge To Alhaji Atiku Abubakar

~ 

Girl Rising Nigeria

Da Bazar Mu…broadcast on Satellite and State TV stations in northern Nigeria, reaching a viewing area of over 10 million. Interactive voice calling during the TV broadcast provided provide insight into viewer’s reactions and opinions.

eUICC eSIMs Perception Vs Reality: Mind the GAP!

eUICC eSIMs Perception Vs Reality: Mind the GAP!

By Jeremy Potgieter, Eseye, SADC Regional Head

Anyone connected to the Internet of Things (IoT) and M2M communications industries will be acutely aware of the levels of ambition and investment being set for the Embedded Universal Integrated Circuit Card, more widely known as eUICC, or the eSIM.

A 2017 report from IHS Markit, for example, suggests that eSIM shipments will increase from 109 million in 2016, to 986 million by 2021. This growth will largely be driven by continuing IoT development, with eSIMs set to play a major role in ensuring the connectivity of billions of connected devices around the world.

The automotive industry is a prime example of a sector that has been keen to drive the technology forwards. With connected cars quickly becoming mainstream, the eUICC compliant eSIM has the potential to empower manufacturers by offering new opportunities to simplify logistics and optimise costs.

Afe Babalola University Confers Honorary Doctorate Degree on Dr. Akinwumi Adesina

PRESS RELEASE

Afe Babalola University Confers Honorary Doctorate Degree on African Development Bank President Akinwumi Adesina

In his acceptance address, Adesina lauded the Institution as an epitome of academic excellence commended its high standards of discipline

ADO EKITI, Nigeria, October 22, 2018/ -- The Afe Babalola University, Ado-Ekiti,  Nigeria, has conferred a Doctor of Letters, Honoris Causa on the President of the African Development Bank (www.AfDB.org), Akinwumi Adesina in recognition of his immense contributions to socio-economic development on the continent.

John Olachy Momoh, Chairman of Channels Media Group, Nigeria’s multi award-winning television station also received an Honoris Causa at the  6th Convocation ceremony of the University held on Sunday 21 October 2018 at the University Campus in Ado Ekiti.

Interview With Africa's Richest Woman, Isabel dos Santos of Angola

Interview With Africa's Richest Woman, Isabel dos Santos of Angola

WASHINGTON D.C., United States of America, October 20, 2018/ -- Many people around the world are familiar with Aliko Dangote, a Nigerian who is often described as Africa's richest man. But Isabel dos Santos, 45, an Angolan businesswoman, is Africa's richest woman and the eldest child of Angola’s former President José Eduardo dos Santos, who was in power from 1979 to 2017.

In 2013, according to research by Forbes, her net worth had reached more than three billion US dollars, making her Africa's first billionaire woman. Five years have passed ever since and her wealth has continued to grow.

What Pieter W. Botha Said About Black Africans is 90% Fact

“By now every one of us has seen it practically that the Blacks cannot rule themselves. Give them guns and they will kill each other. “They are good in nothing else but making noise, dancing, marrying many wives and indulging in sex. Let us all accept that the Blackman is a symbol of poverty, mental inferiority, laziness and emotional incompetence.”
~ Pieter W. Botha, (12 January 1916 – 31 October 2006), leader of South Africa from 1978 to 1989, serving as the last Prime Minister from 1978 to 1984 and the first executive State President from 1984 to 1989.

From Nigeria to Sudan; Rwanda to DRC and other countries in Africa, what Botha said is 90% fact.  Even in South Africa, black South Africans are attacking and killing fellow Africans. South Sudan is in chaos since becoming independent of the predominantly Islamic Republic of Sudan and Democratic Republic of the Congo  was the location of Africa's first world war, which led to the loss of some five million lives between 1994 and 2003, but many eastern areas are still plagued by violence as various rebel groups continue to operate there.