“Time Out! Wait a minute! That has got to stop. Please do not ever call it the dark continent again. It’s not OK! There is probably more sunshine on that continent than any other place on the planet. I had to take a leap of faith and say nobody is doing anything about changing the perception of Africa through the most powerful medium we know, as humans, and that’s television” – James Makawa, Co-Founder, The Africa Channel
James Makawa is using the power of television to change stereotypes of Africa by providing a positive image of the continent.
Source(s): CNN
Does it make sense to criminalize Nigeria, a country of 150 million people, due to the single act of one Nigerian citizen? Apparently, the US Government thinks “YES”!
Nigeria, a country that is evenly divided along religious lines between Christianity and Islam, was recently placed on the United States’ list of so-called “terrorist” countries. This list includes the likes of Iran, Sudan, Syria, Afghanistan, Algeria, Iraq, Lebanon, Pakistan, Saudi Arabia, Somalia, and Yemen. This extreme measure was taken as a response to the recent attempted terrorist attack by a Nigerian, Umar Farouk Abdulmutallab, of a Detroit-bound Northwest Airlines flight.
This is just a power play by the US government. US put Nigeria on that list because it rightfully thinks it can get away with this action … which it certainly will. The US government had to do “something” to Nigeria to show the US population that the US government was “punishing” the so-called “Nigerian terrorist country”.
Interesting proposition: how about adding UK, France, and Germany to the list? London (or Paris or Frankfurt?) is arguably the one non-Middle Eastern city with the highest probability of originating a terrorist. Of course, the idea sounds ludicrous, just as ludicrous as Nigeria being given “terrorist country” status.
ChairmanKing.com strongly condemns Umar Farouk Abdulmutallab and his attempted terrorist act. However, the US should not criminalize a country for the single act of one person.
Source(s): CNBC
Nigeria’s Minister of Information and Communications has spoken about the negative impact on her country’s image caused by the attempted terrorist attack on a Northwest Airlines plane bound for Detroit from Amsterdam on 25 December.
Akunyili Dora, says she does not want Nigeria to be associated with terrorism and feels “embarrassed” that the attacker was Nigerian.
Umar Farouk Abdulmutallab, a Nigerian national, is reported to have been living in Yemen from August to early December. He is the son of prominent Nigerian banker, Alhaji Umaru Abdulmutallab, former Chairman of First Bank of Nigeria
Source(s): BBC News
“You are the one that is responsible for your own image. America is not going to start saying good things about Nigeria! Nigeria has to say good things about Nigeria!” – Tuface Idibia
In the last few years, Nollywood has grown into one of the most financially viable and popular movie industries across the globe. From Africa, all the way to the Caribbean Islands, the movie industry has grown in leaps and bounds, and now the music industry is starting to show real signs of attaining such international recognition.
Source(s): NotJustOK.com
The Nigerian Stock Exchange (NSE) has been underperforming despite the recent intervention by the Central Bank of Nigeria (CBN).
There are also plans by the CBN to set up an asset management company (AMC) to help with toxic loans with the banks. See recent interview with CBN Governor Lamido Sanusi regarding AMC.
Stanbic IBTC’s two new fixed income funds are the Stanbic IBTC Money Market Fund and the Stanbic IBTC Bond Fund.
Read more on Banking in Nigeria
Source(s): CNBC Africa
Zimbabwean broadcaster James Makawa talks about his latest media venture, Africa HD. According to James Makawa, the goal of Africa HD is to be Africa’s “first factory generating high-definition (HD) content out of Africa for global consumption because HD is the future.”
