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Home Blog Page 7524

After all Germany does not want Nigerians, see how many the country turned back in 2016

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It seems Nigerians are fleeing the country as the recession continues to bite.

According to German Federal Police, at least 1,237 Nigerians were stopped from entering Germany between January and November 2016.

The Nigerians were among 19,720 migrants stopped from entering Germany during the period, the Neue Osnabruecker Zeitung (NOZ) reported.

Scores of Nigerians travel out of the country daily illegally seeking greener pastures in Europe, U.S. and Asia.

There will not be any iPhone 8, according to Mac Otakara [See Photos}

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According to new information from Mac Otakara, the 2017 iPhones could be very disappointing indeed. Citing a “Taiwan supplier”, the site says that instead of the so-called ‘iPhone 8’ Apple will instead follow tradition and simply release an iPhone 7S and iPhone 7S Plus which will be virtually identical to the iPhone 7 and iPhone 7 Plus.

If correct, this would be the fourth successive generation where Apple has stuck with the same design and the move would likely anger fans as iPhone rivals continue to cut down bezel sizes to fit larger displays into physically smaller phones.

This is how the 2017 iPhone will look like.

Concept render of the much rumoured 2017 10th anniversary iPhone 8 alongside iterative iPhone 7S models.

When will Nigeria start fining non-African companies? South Korea fined Qualcomm $853 million

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Imagine in a country where there is no presence of local companies in manufacturing of the things used by the citizens. And there is no effort by the government to figure out how to make that change.  Maybe we will start fining non-African companies. Yes, beyond MTN. Of course you cannot because they are doing you a favor by being around. Our market is so small that most will neglect it.

Think about this:

South Korea fined Qualcomm $853 million. The country’s anti-trust regulator has accused the chipset designer of imposing unfair licensing fees on mobile device makers using its patents. The company has faced similar hurdles in China and Europe, but South Korea remains an important market—it generates 11% of its sales from Samsung.

The fine, the largest ever levied in South Korea, marks the latest antitrust setback for Qualcomm’s most profitable business of licensing wireless patents to the mobile industry, at a time when the business is facing headwinds from a cooling smartphone market.

Is there no area Nigerian companies are not being victimized under the hands of foreign firms? We make nothing and we are under the powers of these global giants. We need protection just as government protected Dangote Group in cement manufacturing.

Meet the American providing university scholarships to freed Chibok girls in Nigeria

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Robert Smith, a self-made African American billionaire,  is sponsoring the education of 24 Chibok schoolgirls in American University, Yola, in Adamawa State.

His identity was revealed today by Garba Shehu, senior special assistant on media to President Muhammadu Buhari, at an interaction with journalists in Abuja.

Mr Smith is worth $2.5 billion. He made a fortune is software, according to Forbes.

Robert Smith announced a $50 million gift in January to his alma mater Cornell University, which renamed its school of chemical and bioengineering after him. In June he was named chairman of Carnegie Hall.The son of Ph.D’s, he was bussed across town to his school in the early days of desegregation. He later convinced Bell Labs when he was in high school to give him an internship typically only available to college upperclassman by calling them weekly for five months. Smith quit Goldman Sachs to open his own private equity shop, Vista Equity Partners, in 2000. Neuberger Berman bought a stake in the $16.9 billion (assets) Austin, Texas firm, best known for fixing up enterprise software outfits, in July 2015. That same month, Smith married 2010 Playboy Playmate of the Year Hope Dworaczyk in Italy.

 

Thank you Mr. Smith for coming to the help of these precious young girls.

A Nigerian startup needs to build this for Konga, Jumia and Yudala

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Today, market comparison tool Price.com announced that it raised a $2 million investment to launch a “one-stop shop for finding savings and discovering the best deals online, on a mobile device, or in-store.”

The company algorithm works behind ecommerce sites showing consumers the most affordable options.

We think a Lagos startup needs to build one for Yudala, Konga and Jumia. Of course we do not have many options in Nigeria. Nevertheless, this will help simplify the decision and give customers the confidence that they are getting good deals.