Please can I get a mini flat around berger for 150K/1yr?

Individuals and corporates in Nigeria that want to buy private aircraft could lose as much as $600 million in non-refundable deposits to foreign manufacturers in the weeks to come, Business Day reported on Friday.

The losses will be a result of the aviation ministry’s review of private aircraft operations which might cause buyers to miss payment deadlines and forfeit advance payments, according to South Africa’s business daily.

The aviation ministry is reportedly currently studying the policy on the importation, operation and ownership of private jets in Nigeria.

http://www.ventures-africa.com/2013/03/nigerias-private-jet-buyers-set-to-lose-600m-in-non-refundable-deposits/

VENTURES AFRICA – This is exciting news for software developers in Nigeria.

As part of an effort to support the growth of more tech entrepreneurs in the country, the government has announced plans to launch the much awaited $15 million venture capital fund for software developers by April 2013...

This was made known by Mrs Omobolaji Johnson, the minister of communication technology, during her presentation at the just concluded Social Media Week in Lagos...

To read more, http://www.ventures-africa.com/2013/02/nigeria-to-launch-15m-venture-capital-fund-for-software-developers/

@Itoroettie, I really like your ideas and the way it's outlined. It's an evidence that Nigerians are rich in thought provoking ideas, we just hope that someday, our ideas will see the light of the day beyond sunrise.

VENTURES AFRICA – Africa’s richest man and President of Dangote Group, Aliko Dangote has urged African businessmen to increase their investment stakes across the continent to spur growth and development in Africa.

According to Dangote, Africa can only be developed through investments by Africans.

The business mogul who has investments in about 14 African countries also urged western nations to promote investments on the continent by partnering with businesses there rather...

He added that, “In Zambia for instance, it used to be that Zambians had to hold 51 percent of any business operating in the nation. Today, the law has changed.”


to read more...
http://www.ventures-africa.com/2013/02/africa-can-only-be-developed-through-investments-by-africans-dangote/

Editor’s Note – Last year, Mark Mobius, a renowned emerging markets investor and Executive Chairman of Templeton Emerging Markets Group announced that there may be up to 200 hidden billionaires in Africa. He’s probably right. VENTURES AFRICA’s Intelligence unit is on a mission to traverse the continent and uncover some of these billionaires you’ve never heard about.

VENTURES AFRICA – There’s a new dollar-billionaire on the block, and he’s Nigerian.

Jim Ovia, 58, made his fortune providing financial services to Nigeria’s richest middle class. He is the founder and largest individual shareholder of Zenith Bank, a $4.5 billion (Market Cap) financial services conglomerate after a successful stint in finance in the United States.

Banking was always in Jim Ovia’s blood. Even before he completed his Bachelor’s degree in Business Administration from Southern University Louisiana as a teenager in 1977, he had already enjoyed a stint as a clerk in Barclays Bank, DCO (which now operates under the name, Union Bank). After obtaining his MBA from NorthEast Louisiana University in the United States in 1979, he joined International Merchant Bank as a financial analyst, subsequently rising to become a senior manager in 1987.

Follow us on Twitter @Venturesafrica

http://www.ventures-africa.com/2013/02/nigerian-banker-jim-ovia-joins-billionaire-ranks-with-billion-dollar-fortune/