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The Federal Executive Council has approved a new visa policy for the country designed to boost tourism, attract foreign investment and create employment opportunities. Minister of Information Labaran Maku said this while briefing State House correspondents after the weekly Federal Executive Council meeting presided over by President Goodluck Jonathan at the State House, Abuja. Maku said the council’s approval was sequel to a memorandum presented by the Minister of Interior, Comrade Abba Moro, for the harmonisation of Nigeria’s new visa policy. Explaining the policy, Moro who was also at the briefing, said the new visa regime contained new innovations and elements that would promote Nigeria’s strategic interests. The minister said the new policy would facilitate easier provision of visa to foreign investors, strategic visitors and tourists. He said that the policy would al...

Thailand is a well known business and leisure destination located in the prosperous region of South East Asia. The country conjures different meanings to different people. Among many Nigerians, Thailand is known for its parboiled rice for which the country spends $US700million every year in rice import to feed its 160 million people. It is also known as a popular route in the hard drug business. To some others especially in Europe, it is a leisure destination popular for its 'gogo bars', massage parlors and romantic beaches. No matter how you look at it, Thailand has grown to become one of the Asian Tigers, with well developed infrastructure, massive foreign direct investment and one of the lowest unemployment rates in the world.     Could it be said that the country was lucky? I dont think so! Could it then have been by dint of hard work, focussed leadership and a government determined to get its people out of poverty? It may not be eldorado yet but I see the country getting...

Leading a large delegation of Nigerians to the US ExIm Bank's 2012 Conference, Vice President Namadi Sambo says investment in Nigeria's non-oil sector is the next big thing after the exponential success in information technology as he spoke during the session on Global Competitiveness through Exports in Washington, USA. He stated that 'there is room for improvement in our economic relations if the US could encourage their private companies to partner with Nigerian private sector, particularly in the area of power generation, transmission and distribution'. Sambo further revealed that the federal government had built 10 thermal plants that would be managed by the General Electric of the USA,  the Mambila hydro project, the construction of 200 dams to enhance power generation and agriculture, as well as facilities for solar energy. He also said that institutions that would protect investment in the country, such as the National Electricity Regulatory Commission (NERC...

The Office of the Coordinating Minister of the Economy recently released a breakdown of Potential Benefits from Budget 2012 and the SURE Program. Below in tangible terms are some of the significant allocations that have been made to essential sectors of the economy, both in the 2012 budget as well as the recently-launched Subsidy Reinvestment and Empowerment Programme (SURE-P). This programme is a 3—4 year programme designed to mitigate the immediate impact of the removal of fuel subsidy and accelerate economic growth through investments in critically-needed infrastructure. It is noteworthy that, while the 2012 budget allocated the best possible amounts to these critical projects, additional resources are allocated to the same projects in the SURE programme to ensure that they are completed at faster rates than envisioned in the 2012 budget. Some of the projects and allocations are as follows: Works N11bn is allocated to the Abuja-Lokoja road in the 2012 Budget, with an ...

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Bangalore has moved on from pensioner's paradise to one of the top hi-tech cities of the world. From Indian IT majors like Infosys, Wipro, Tata consultancy Services and Microland to the world's leading IT companies like GE, Texas Instruments, CISCO, Digital, IBM, HP, Compaq, Motorola, Lucent Technologies, Microsoft, Sun Microsystems, Oracle, Novell and several others in business process outsourcing (BPO) have made Bangalore their home. With nearly a thousand software companies employing over a hundred thousand IT professionals and 1000 IT companies including more than 150 multinational giants, Bangalore is certainly the undisputed IT capital of India, and is true with the whole of Asia. The city is also home to top of the line companies in other sectors like engineering, pharmaceuticals, biotechnology, food processing, apparel, electronics and automobiles. Bangalore's transformation has been swift and sensational; with a population of 5.54 million spread over 530 sq. ...

Welcome!Knowing us is a wise step in your plan to enter the Nigerian marketplace in 2012.Let us be your guide. We speak the language of the people; I mean the language of the Nigerian people. We understand you too! We are international business facilitators and market research consultants. Our mission is to help you with ease of doing business tools to facilitate your entry into the Nigerian marketplace. Our core competences include the provision of valuable market information, doing feasibility studies and locating agents and business partners. We propose to offer to you the following services: Counseling: •International Business Consulting •Basic Marketing Assistance In-Country Representation: •Short to Long Term Contracts •"Walk the Floor" Business Logistics •Ground support Market Research •Business Verification •Customized Market Analysis Marketing •Agent/Distributor Searches •Trade Fairs Participation •Foreign Trade Mission •Market Intelligence...