25 year Nigerian wants $1 Billion Dollar Google buyout

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Nigerian entrepreneur is positioning himself to be acquired by Google, after the company recently bought a traffic based app, Waze, for a whopping $1 billion dollars   Today, Traffix.ng launches a social traffic report for Lagos .Users can receive traffic alerts by “following specific Lagos streets, in the same way you follow people on twitter.”  Users can also update fellow commuters on the traffic in their areas.

Generator Sales In Nigeria To Increase To Clock $1 billion By 2020

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Generator sales are expected to hit $1 billion by 2020 according to research analysts who cover the power sector.

 “Sustained growth is driven by increasing electricity consumption, which has been growing at eight percent per annum over recent years, and the inability of the Power Holding Company of Nigeria (PHCN) to supply adequate power to meet demand” said Aman Madhok, an Energy Analyst working with GBI research.

The firm published a research highlighting the expected growth in the importation of generator sets into Nigeria mainly from China and the United Kingdom. According to the report, the failure of the Nigerian Energy Sector has made the country the largest market for diesel and gas generator sets in Africa.