There's no Disneyland in Africa, but if comments from Zimbabwe's tourism and hospitality minister are any indication, a big-time theme park along those lines may be in the works for an area near the iconic Victoria Falls.

 

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Minister of Power, Prof. Chinedu Nebo

The Federal Government has lived up to its promise of injecting new lease of life into the Transmission Company of Nigeria (TCN), as it  sealed a N79 billion agreement with a Chinese firm, Xian Electric Engineering Company, on Tuesday, to upgrade Nigeria’s ailing transmission facilities within the next two years. 

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Motorists could go hands-free, leaving their cars' computer brains fully in charge, as early as 2020, when Nissan says it plans to have a self-driving vehicle ready for the market.

The Japanese automaker said Tuesday that its "revolutionary" self-drive technology could be ready by then, and that it is already building a synthetic cityscape of real roads and buildings for testing the vehicles.

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For those who have been positively influenced by the internet, here’s a chance to share your web journey. Google is calling on entrepreneurs, creators, innovators and web-lovers in Nigeria and across Africa to share their stories of how the web has transformed their lives and work.  Whether you’re a photographer, an entrepreneur, a fashion designer or a community activist, if the internet and Google tools have played an important role in your success, Google wants to hear from you.

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By Chidozie Chukwuemeka

Dividends refer to the portion of profit stakeholders (shareholders) get from an enterprise for their stakes (shares) in the business. With continuous evolution, everything, including state – the nation state has acquired the status of enterprise.

So, such things as dividends of democracy have become commonplace. What do people particularly ordinary citizens get for their stakes in the state? That is their dividend from the state enterprise because they hold shares in the state. It is an inalienable right. And where it is not given or partially given or in any way denied, the people put their feet down in demand for what they know is their right.

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African Voices, the weekly show that highlights Africa's most engaging personalities, will this week feature Nigerian native Patricia Mawa and Ugandan born Moses Mawa, the power couple who use media to bring African culture to Canada. 

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Nigeria’s most innovative telecommunications company, Etisalat Nigeria, recently stormed the Enyimba City with its student empowerment initiative, ‘Cliqfest’. The event held at the Abia State Polytechnic, Aba, recently.

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The recently launched Close Up Consumer promo which gives away over N2billion worth of toothpaste, is already catching on and causing excitement among consumers and trade partners alike. The promo, billed to run from August to December 2013, has been dubbed ‘unprecedented’ in the oral care category and is targeted at rewarding over 94 million consumers across Nigeria. 

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YouTube announced that the Partnership Program for Nigeria, among other African countries, went live today. This means that just about anyone in Nigeria can monetise content from their YouTube account. When the local YouTube domain was launched in Nigeria in 2011, no one could have guessed the amount of impact it would make. From Musical videos, to "how-to” DIY clips, comedy skits, short movies Nigerians have been generating some of the most creatively diverse content on YouTube.

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Managing Director, First Registrars, Mr. Bayo Olugbemi

First Registrars Nigeria has unveiled a new technological products, First Dividend Plus Prepaid Card and e-voting system that are expected to address the issues of unclaimed dividends and prolonged election processes during annual general meetings (AGMs).

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The Africa Prudential Registrars Plc (APR) has said it recently completed the acquisition of UAC Registrars, the oldest non-bank-affiliated registrar in the capital market.

A statement said the Share Sale and Purchase Agreement (SSPA) between Africa Prudential Registrars and UAC of Nigeria Plc was executed by both parties in Lagos.

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Governor, Central Bank of Nigeria, Mr. Lamido Sanusi

The Central Bank of Nigeria has said a N200bn Micro Small and Medium Enterprise Fund will be inaugurated on Thursday.

The fund, which targets women entrepreneurs for 60 per cent intervention, has credit, insurance, capacity building and interest draw back elements.

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Swedish furniture maker IKEA's next catalog will truly come to life, helping people envision what next year's tables and chairs will look like in their living rooms.

Shoppers will be able to place virtual furniture from Ikea's 2014 catalog in their living rooms, using their smartphones or tablets. A new feature on the furniture maker's mobile app now includes augmented reality.

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Tough interview questions are supposed to challenge job candidates and make them think on their feet.

This could make the typical job interview "the most harrowing forty-five minutes of your life," writes Vicky Oliver in her book "301 Smart Answers to Tough Interview Questions"

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Alex Blaszczuk owns Glass as part of Google's Explorer program, where Google allowed about 8,000 people to purchase the device at $1,500 a pop.

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"The Times is not for sale," Arthur Sulzberger Jr., Publisher and Chairman of the New York Times Co. and Vice Chairman, Michael Golden, declared in a statement Wednesday night.

The announcement comes less than a week after two other high-profile deals have shaken up the industry.

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CNN will now be available, live, through eXTV, the global in-flight live television service serving passengers in EMEA, Asia and Latin America, having reached an agreement with Panasonic Avionics. The development marks a further step in the execution of CNN’s out-of-home distribution strategy, delivering real-time access to CNN International for international travellers around the world.

“News developments influence critical business decisions around the globe on a minute-by-minute basis. As the pre-eminent news and information source for frequent international travellers, CNN is a valuable partner in this space and we’re delighted to deliver the continuity that enables our audience to stay informed and follow the big global stories in real time”, commented Saadia Bahraoui, Commercial Director, Out of Home Distribution, CNN International.

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The International Institute of Tropical Agriculture (IITA), Ibadan, Oyo State, has alerted farmers of the Banana Bunchy Top Virus (BBTV) which has destroyed banana plantations across West Africa.

The alert was contained in a statement in Lagos by Dr Lava Kumar, a virologist at IITA.

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Numerous customers of leading manufacturer of mattresses, pillows and other bedding sheets, Mouka Limited will be rewarded for their loyalty and patronage in the newly introduced customer-centric promotion tagged ‘Showers of Comfort' promo.

The promo which runs from August 1 to September 30^th 2013 will reward every customer who purchases any Mouka product worth N18,000.00 with a free umbrella and reward fifteen (15) people with a 3-day All-expense paid trip to Ghana.

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The Nigerian National Petroleum Corporation, NNPC, has promised that the average daily production of crude oil will rise to about 2.5 million barrels per day (mbpd) in two weeks, following repairs on the Nembe Creek Trunk Line (NCTL).

Independent sources in the oil industry, however said the country was only producing 1.9mbpd, based on accruable revenue, and when an extra 140,000bpd is added from the NCTL, total output would stand at 2.04mbpd.

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Multilateral financial institution, Africa Finance Corporation (AFC), has provided a $170 million debt financing facility, under the scheme of arrangement that has Guaranty Trust Bank Plc (GTBank) underwriting the loan, for the acquisition of Jebba Power Station and Kainji Power Station, by Mainstream Energy Solutions Limited (MESL).

On Friday, GTBank and MESL sealed about N27 billion medium term syndicated acquisition facility, for the purpose of part-financing the concession of the power stations, owned by Kainji Hydro Electric Plc.

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L- R: Josephine Ataboh, Research and Development Manager; David Okeme, Brand Building Director; Victor Ajieroh, Expert Health & Nutrition; and Dexter Adeola, Brand Manager, Close Up, all staff of Unilever Nigeria, at the Close Up N2billion giveaway consumer promo press conference held at Unilever office

Close Up, Nigeria’s most loved and Coolest toothpaste brand, has announced a Consumer promo to show appreciation for their customers’ support over the years, as well as to appreciate the recent recognitions and awards the brand has received. The promo, worth over N2billion, will reward over 94million consumers across Nigeria. 

The promo, scheduled to run from August till December 2013, will give consumers who buy the Big family size Close Up toothpaste tube an extra 30 grams for free at the same price. Additionally, consumers who buy the New 15grm sachet, get an extra 50% for same price.

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Microsoft knocked off $100 from its top-of-the-line tablet, the Surface Pro, this weekend. The hybrid tablet/PC, which is competing against Apple's iPad and devices that use Google's Android system, now starts at $899 for the model with 128 GB of storage.

The news comes a few weeks after Microsoft cut the price of its cheaper Surface RT tablet, which competes with the iPad, by 30 percent from $500 to $350.

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Winners yesterday emerged in the bidding conducted for Afam Power Plc and Kaduna Distribution Company by Bureau of Public Enterprises (BPE).

The development is however, yet to be confirmed by the National Council on Privatisation, NCP.

The duo are two of the 18 successor companies carved out of Power Holding Company of Nigeria, PHCN.

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