Written by REUTERS South Africa, the largest economy in Africa, is eager for elevation to the coveted BRIC status of emerging markets, but investors say Nigeria is a more probable African contender, even if promotion for either is some way off. Russian President, Dmitry Medvedev, at last month’s G20 meeting in South Korea, said South Africa had “applied” to join the … [Read more...] about Nigeria may be Africa’s 1st BRIC, but not yet
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CAMAC Energy Inc: Acquisition of Two Offshore Nigerian Contract Rights completed
CAMAC Energy Inc finalizes two offshore contracts CAMAC Energy Inc. (NYSE Amex CAK ), a US publicly traded Energy Company that primarily engaged and focused on strategic development of oil projects by singular and multilateral operations. The market capitalization of the formerly Pacific Asia Petroleum Inc is between (426.84 - 632.1) M. CAMAC Energy Inc announced that on … [Read more...] about CAMAC Energy Inc: Acquisition of Two Offshore Nigerian Contract Rights completed
WikiLeaks :Pfizer hired investigators to press Aondoakaa’s Nigeria to drop suit
Written by REUTERS U.S. drugmaker Pfizer hired investigators to find evidence of corruption against Nigeria's attorney general to convince him to drop legal action against the company over a drug trial involving children, the Guardian newspaper reported, citing U.S. diplomatic cables made public by WikiLeaks. The Kano state sued the world's largest drugmaker in May 2007 … [Read more...] about WikiLeaks :Pfizer hired investigators to press Aondoakaa’s Nigeria to drop suit
South Africa cancels Cuban debt and grants credit
South Africa, a member of G20 and the largest economy in Africa cancelled approximately $137 million in debt owed by Cuba and granted $30 million in new credits to Cuba. This development took place in Caribbean Island communist controlled nation as South African president Jacob Zuma was on his official 3-day visit. Cuba a trading partner to South Africa was being slowed down … [Read more...] about South Africa cancels Cuban debt and grants credit
Poland gets its first black lawmaker – A Nigerian
A Nigerian from Abia State becomes a Polish lawmaker John Abraham Godson (Chikama Onyekwere) made history few days ago to become the first black person to become an honorable member of Polish National House of Parliament. John Godson was born in Abia State, Nigeria and migrated to Poland seventeen years ago. He became a citizen of Poland ten years; he will replace Hanna … [Read more...] about Poland gets its first black lawmaker – A Nigerian