These are the leading competitions for African entrepreneurs:

• Anzisha Prize
• IsDB Business Plan Competition for Sub-Saharan Countries. .
• Development Innovation Ventures
• BID Network
•  Argidius-ANDE Finance Challenge (AAFC)
• Business Plan Competitions (BPC)
•  African Diaspora Marketplace .
• The African Innovation Prize,
• Ernst & Young’s Entrepreneur of the Year awards
• Innovation Prize for Africa (IPA)
•  African News Innovation Challenge (ANIC)
•  Africa Awards for Entrepreneurs,
• The Saville Foundation Pan-African Awards for Entrepreneurship in Education
•  MENA 100 Business Plan Competition
• The Zayed Future Energy Prize
• Seed Engine
• DEMO Africa
• African Achievers Awards
• The Sustainable Energy Fund for Africa (SEFA)
• The Dell Social Innovation Challenge
• INDIAFRICA: A Shared Future
• Tony Elumelu Foundation Entrepreneurship Program
• VC4Africa Programs
• Powering Agriculture
• Securing Water for Food
• Feed the Future
• World Food Prize
• World Agriculture Prize

[Source: Afterschool]

This one is better arranged.

With Emphasis on Women Entrepreneurs

1. BMCE Bank of Africa – African Entrepreneurship Award – USD$1 Million for Women (and Men) Entrepreneurs
2. She Leads Africa .
3. Ashden International Award

Student Entrepreneurship

1. The Cola-Cola Africa Foundation Entrepreneurship programs
2. Allan Gray Entrepreneurship Fellowship for South Africa, Namibia, Botswana and Swaziland Students
3. The School Enterprise Challenge
4. The Skoll Scholarships in Social Entrepreneurship for International Students, UK
5. Google Hash Code Programming Competition for Students and Professionals in Africa, Europe & Middle East
6. How will you change the world with US$1 million? Apply for 2015 Hult Prize – Social Enterprise Challenge.
7. The Google RISE Awards

Aspiring and Startup Entrepreneurs

1. Total created theStartupper of the year challenge.
2. Seedstars World
3. Diamond Bank’s BET – Building Entrepreneurs Today
4. Shell LiveWIRE .
5. Ashoka Africa
6.  Rolex Award for Enterprise
7. The Youth Citizen Entrepreneurship Competition
8. The N10 billion Youth Entrepreneurship Support (YES) programme
9. The SOCAP Scholarship for Social Entrepreneurs
10. The Saville Foundation Pan-African Awards for Entrepreneurship in Education

Breakthrough Entrepreneurs & Small Businesses

1. The Facebook Internet.org Innovation Challenge in Africa
2. The Africa Prize for Engineering Innovation

Successful Entrepreneurs and Business leaders

1. The African Leadership Network celebrates entrepreneurs by hosting the Africa Awards for Entrepreneurs
2. African Leadership Network – ALN has hosted the Africa Awards for Entrepreneurship (AAE), dubbed the ‘Oscars of Entrepreneurship in Africa’

[Source: Afterschool]

• Acumen Foundation http://acumen.org/

• African Entrepreneurship Award https://africanentrepreneurshipaward.com

• Bestseller Foundation bestsellerfoundation.com

• Lundin Foundation http://www.lundinfoundation.org/s/home.asp

• Mentor Capital Network http://www.williamjamesfoundation.org/

• The Mulago Foundation www.mulagofoundation.org/
• Seed Award – promoting entrepreneurship for sustainable development https://www.seed.uno/

• SIDA – Innovations against Poverty http://www.sida.se/English/partners/resources-for-all-partners/Challenge-Funds/Innovations-Against-Poverty/

[Source ]

Welcome to he new Nigeria where government is regulating everything including how banks could run their businesses.

Customers are free to open accounts without deposits, the Central Bank of Nigeria (CBN) has said.

The directive is contained in the Monetary, Credit, Foreign Trade and Exchange Guidelines for Fiscal Years 2016/2017 guidelines posted by the CBN on its website.

Commercial banks ask for cash deposits to cover operating cost of opening new accounts to discourage customers from abandoning their account opening plans after completing documentations.

The initial deposits are usually around N1,000 or N5,000 for savings accounts and N10,000 and above for corporate accounts.

The CBN said the new policy directive is in line with its commitment to encourage banks to improve their deposit mobilisation efforts while promoting the financial inclusion initiative.

If only CBN knows that opening zero balance accounts could be costly to banks as their staff have to be paid.

Charging to drive someone around Lagos was chiefly a cash-in-hand job before Uber. launched in Nigeria two years ago. To this day, the rest of the transport industry remains largely informal, with no clarity on how much money is made and only negligible tax contributions to the state.

Uber is different. Every naira is electronically recorded and accounted for. And because we insist that all drivers using Uber must be registered with the tax authorities, the potential to transform the informal sector into an important contributor to the country’s finances is significant.

As Uber becomes more popular, more people want to earn by using the app. But many of these new driver-partners are figuring out how to pay taxes for the first time. And it can be complicated. That’s why Uber has partnered with PricewaterhouseCoopers (PwC) Nigeria.

Together with the Federal Inland Revenue Service (FIRS) and the Lagos State Internal Revenue Service (LIRS), guidance has been developed to help demystify tax for potential drivers. Every person that chooses to partner with Uber and qualifies to drive using the app will receive this information so they can easily understand what they have to do and how. All driver-partners are still advised to seek their own tax advice.

[Source: Uber]

This is the National Universities Commission (NUC) university ranking. University of Ibadan in Oyo state is the top tertiary institution in Nigeria. NUC, the body which is responsible for the accreditation of universities in Nigeria, put University of Lagos in the second place and rated Covenant University as the best private university. FUTO is ranked the best technical university in Nigeria.

Below is the Top 100 NUC University Ranking in Nigeria.

1. University of Ibadan, UI
2. University of Lagos, Unilag
3. University of Benin, Uniben
4. Obafemi Awolowo University, OAU
5. Ahmadu Bello University, Abu
6. University of Ilorin, Unilorin
7. University of Jos, Unijos
8. University of Port Harcourt, Uniport
9. University of Maiduguri, Unimaid
10. University of Agriculture, Abeokuta,
11. Lagos State University, Lasu
12. Federal University of Technology, Futo
13. Covenant University, CU
14. University of Nigeria, UNN
15. Federal University of Technology, Futa
16. Nnamdi Azikiwe University, Unizik
17. Enugu State University of Science and Technology, Esut
18. Pan African University
19. Ladoke Akintola University of Technology. lautech
20. Modibbo Adama University of Technology
21. African University of Science and Technology
22. University of Uyo, Uniuyo
23. Bayero University Kano, Buk
24. Ambrose Alli University, AAU
25. Redeemer’s University,
26. Babcock University
27. Federal University of Technology,
28. University of Calabar, Unical
29. Michael Okpara University of Agriculture,
30. Ajayi Crowther University
31. Bowen University
32. Rivers State University of Science and Technology, Rsust
33. Lead City University
34. Crawford University
35. Abubakar Tafawa Balewa University, ATBU
36. Abia State University, Absu
37. Usmanu Danfodio University,
38. Igbinedion University
39. Imo State University, Imsu
40. Niger Delta University
41. Bells University of Technology
42. Kwara State University
43. Nasarawa State University
44. Caleb University
45. Obong University Obong
46. Adekunle Ajasin University
47. Ekiti State University,
48. American University of Nigeria
49. Joseph Ayo Babalola University
50. Veritas University Abuja
51. Afe Babalola University
52. Kaduna State University Kaduna
53. Osun State University Oshogbo …
54. Umaru Musa Yar’Adua University Katsina
55. Federal University, Ndufu-Alike Ndufu-Alike
56. Salem University Lokoja
57. Novena University Ogume
58. Achievers University, Owo Owo
59. Benson Idahosa University Benin City
60. Ebonyi State University Abakaliki
61. University of Abuja Abuja
62. University of Mkar Mkar
63. Madonna University Okija
64. Bingham University Auta Balifi
65. Plateau State University Bokkos
66. Federal University of Petroleum Resources Effurun
67. Federal University, Dutse Dutse
68. Nigerian Turkish Nile University Abuja
69. Ibrahim Badamasi Babangida University Lapai
70. Landmark University Omu-Aran
71. Delta State University, Abraka Abraka
72. University of Agriculture, Makurdi Makurdi
73. Renaissance University Enugu
74. Federal University, Otuoke Otuoke
75. Tai Solarin University of Education Ijebu-Ode …
76. Federal University, Oye-Ekiti Oye …
77. Kano State University of Technology Wudil
78. Tansian University Umunya …
79. Akwa Ibom State University Uyo
80. Baze University Abuja
81. Kebbi State University of Science and Technology Aliero
82. Benue State University Makurdi
83. Adeleke University Ede
84. Ondo State University of Science & Technology Okitipupa
85. Kogi State University Anyigba
86. Western Delta University Oghara
87. Federal University, Wukari Wukari
88. Paul University Awka
89. Caritas University Enugu
90. Federal University, Lafia Lafia
91. Cross River University of Science & Technology Calabar …
92. Fountain University Oshogbo
93. Al-Hikmah University Ilorin
94. Godfrey Okoye University Ugwuomu-Nike
95. Oduduwa University Ile Ife
96. Anambra State University Uli
97. Olabisi Onabanjo University Ago Iwoye …
98. Federal University, Lokoja Lokoja
99. Federal University, Kashere Kashere
100. Rhema University Obeama-Asa

UK technology firm ARM Holdings is to be bought by Japan’s Softbank for £24bn ($32bn) it confirmed on Monday.

The board of ARM is expected to recommend shareholders accept the offer – which is around a 43% premium on its closing market value of £16.8bn on Friday.

The Cambridge-based firm designs microchips used in most smartphones, including Apple’s and Samsung’s.

ARM, which was founded in 1990, employs more than 3,000 people.

Shares in the UK technology firm surged by 45% at the open of the London Stock Exchange to 1,742.85p per share, adding £7.56bn to ARM’s market value.