Nigeria: Shell Profit Up By U.S.$2.2 Billion, to Invest U.S.$25 Billion in Nigeria, Others

[Daily Trust] Houston, U.S.A. -The net profit of Royal Dutch Shell more than doubled in the first three months of 2017, surpasing predictions by analysts as rebounding oil prices and refining gains helped to boost the company’s revenue.

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In or out?

Too many bottlenecks DRIVE north-east from Lagos along a potholed highway lined by the shells of burned-out trucks and, as you approach Ibadan, you can see a few modern factories sprouting amid the rusted tin roofs. Most produce basic goods for local markets such as cigarettes or cardboard packaging, rather than the mobile phones, cars and computers that the government would like Nigeria to export. Yet a new report from the McKinsey Global Institute (MGI), a think-tank run by a consulting firm, suggests that these sorts of low-tech and local products represent a huge opportunity for industrialisation in Africa.

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Africa: What Really Is ‘African Music’?

[Nation] The debate has been raging for a while now, with legendary African artistes accusing their youthful peers of “blindly copying the West” in their craft. Many others have accused contemporary artistes of not being “African enough” by not sticking with an African sound.

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