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How 'Piracy' Helped Establish The Dominance Of Nigerian

Posted December 29, 2010 by Nkechi Peters in Entertainment

Earlier this year, we wrote about Kevin Kelly's fascinating look at the movie industries of India, Nigeria and China, which represent the three largest film industries in the world. Yes, all three are larger than the US. And all three are places known for extremely widespread "piracy." Given that Hollywood insists that "piracy" kills the movie industry, it certainly seemed worth noting that these three countries had hugely thriving movie industries despite (or perhaps because of) widespread infringement.

The Economist has an article looking much more closely at the Nigerian movie industry,...

Tags: Nollywood

Nigerian-born entrepreneur Kase Lawal is the epitome of

Posted December 21, 2010 by Nkechi Peters in Society, Business

Nigerian-born entrepreneur Kase Lawal is the epitome of the American dream. Arriving to the US a young, idealistic student, Lawal has carved a name for himself in one of the most competitive industries in the world: Oil.

Now head of a multi-billion dollar empire, his Houston-based company, CAMAC, is one of the largest black-owned businesses in the U.S., generating over $2 billion dollars a year.

Founded nearly 25 years ago, Lawal built CAMAC (which stands for Cameroon-American) from a small agriculture business into a global oil company. But it's taken a lot of hard work, determination and guts ...

Tags: Kase Lawal, oil, billionaire

'New Nigeria Cinema' sparks Nollywood renaissance

Posted November 29, 2010 by Nkechi Peters in Business, Entertainment

(CNN) -- Nigeria's "Nollywood" film industry is thriving, producing hundreds of movies every month. But a new movement is afoot among young directors who aim to compete with Hollywood on quality as well as quantity. Nollywood eclipsed Hollywood as the world's second largest film producer last year and is snapping at the heels of Bollywood, India's movie-making machine.

Most of Nollywood's films are video-format B-movies, buzzing with vibrancy and innovation, but struggling with shoe-string budgets and low production values. But now a new generation of filmmakers is hoping to reach a wider aud...

Tags: Nollywood

400 Diaspora Nigerians Return With Jobs, Businesses

Posted December 18, 2010 by Nkechi Peters in Business

Some 400 Nigerian professionals and foreign businessmen have arrived Abuja to explore investment potential of the country and help in reversing the brain drain phenomenon.

The group, which is visiting Nigeria under the aegis of the New Nigeria Initiative in the Diaspora, is expected to meet President Goodluck Jonathan late on Saturday after which it will make its activities known through a press conference on Sunday.

Coordinator and chairman of the advisory council of the group, Chief Peter Mozie, who spoke on behalf of the group in Abuja, said that the group was made of Nigerian experts a...

Heavy Duty vehicles

Posted December 29, 2010 by mbagwu chidinma in Society

I was just wondering if the lagos state govt had plans to reduce d death rate in the state by passing a bill on time restriction for heavy duty vehicles. This bill is suppossed to help curb deaths and hold ups caused by these vehicles. Is it and will it ever be possible?

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