Just In: Report Ranks Nigeria Top Investment Destination In Africa.

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**Investment in Nigeria tops African major economies of South Africa, Ghana $3.295 and Egypt put together.

A new Foreign Direct Investment (FDI) report released by the United Nations Conference on Trade and Development (UNCTAD) yesterday has put Nigeria’s FDI inflows ahead of other African countries.

The UNCTAD World Investment Report 2013 subtitled: “Global Value Chains: Investment and Trade for Development,” disclosed that Nigeria retained its position as Africa’s number one destination for FDIs for the second time in two years with FDI inflows of $7.03 billion in 2012. This, it observed, was in spite of the fact that FDI inflows into the country actually fell from $8.9 billion in 2011 to $7 billion last year.

Ranking: OAU, Best Varsity In Nigeria, FUNAAB Ranks Second

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This will be good news for students, alumni and management of Obafemi Awolowo University (OAU), Ile-Ife, as the latest Webometric Ranking of world universities has re-affirmed the intellectual, academic, research and administrative supremacy of the premier institution above other universities in Nigeria.

By this latest ranking released on February 7, 2013, OAU once more rated as the first and the best university in Nigeria, as it moved from being number eight in Nigeria to number one and from 79 to number 14 in Africa.