Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.
People
Is “Abenomics” the right prescription for Japan?
Prime Minister Shinzo Abe created the “Abenomics” policy for Japan's stagnant economy. On Sunday, Japanese Prime Minister Shinzo Abe will find out whether his mandate to end the country's economic stagnation will push through.
Multi-dollar rice invention scheme brings financial woes to Thailand
Multi-dollar rice invention scheme brought financial woes to Thailand. Moody, a ratings agency, warned Thailand of the risk "populist measures" would have on government finances.
Angela Merkel calls for tougher Europen Union data protection rules
Chancellor Angela Merkel said that she is calling the EU to set tougher data protection rules. Angela Merkel, Chancellor of Germany, announced that she will push for tougher European Union data protection rules.
Mariano Rajoy makes risky bet on Spain's economic recovery
Spanish Prime Minister, Mariano Rajoy claims that recovery is close for Spain. Spain Prime Minister, Mariano Rajoy makes a risky political bet by making claims that recovery is close at hand for Spain.
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China's central bank announced interest rate reform. The central bank of China, the People's Bank of China (PBOC), announced that the floor on commercial banks' lending rates was removed.
According to RealtyTrac, home flipping was profitable but tapering off in markets with distressed bargains.
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
Nelson Mandela received one of South Africa's smart ID cards as present for his 95th birthday. The ailing former South African president Nelson Mandela received quite an unusual gift for his 95th birthday.
The South African sovereign debt rating remained unchanged after government efforts to control the mining industry succeeded.
In a statement released today, U.S. President Barack Obama paid his tributes to ailing Nelson Mandela.
ESPY recognized Robin Roberts' efforts by giving her the Arthur Ashe Courage Award. Tonight, Robin Roberts received the Arthur Ashe Courage Award at the ESPYs.
Snooki of MTV's Jersey Shore and Snooki & JWoww was accused by critics to be getting too thin. The red carpet event on Tuesday night displayed a slimmer figure of Nicole Elizabeth "Snooki" Polizzi.
Britain's Prince William and his wife Kate were waiting for the birth of their first child as the baby fever was expected to boost Britain's economy by GBP240 million.
