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Wednesday, January 24, 2018

Nigeria, China Trade Hits $9.5b

Trade between Nigeria and China stood at $9.5 billion in 2016, Economic and Commercial Counsellor of the Chinese Embassy, Mr Zhao Linxiang, has said. Linxiang...

FG to Establish Development Bank to Boost MSMEs …. Secures $1.3b Initial Capital

The federal government has concluded plans to set up a development bank in its bid to lower borrowing rates and provide longer-term loan for...

Airtel Sacks 100 Employees in Kenya

Airtel Kenya has announced plans to lay off some employees as the business continues to struggle to turn a profit. The firm did not disclose...

MTN Nigeria Moves Closer to Listing on the Stock Exchange

Ololade Adeyanju/ Nigeria's mobile telecommunications giant, MTN, is inching closer to being listed on the Nigerian Stock Exchange (NSE). Reports indicate that the management of NSE...

US Records $6.7b in Marijuana Sales in 2016

Marijuana worth $6.7 billion was legally sold in the US in 2016, following the legalisation of cannabis in a number of states. Four more...

Why Workers Shut ExxonMobil Headquarters

Protesting workers have shut the Lagos headquarters of U.S. oil major, ExxonMobil, because 150 employees were sacked. Newsmakers learnt that members of the Petroleum and...

Cashless Economy: “PayU” Simplified Payment System Debuts in Nigeria

Merchants and consumers praying for simple and secure online payment solutions in Nigeria have now had their prayers answered, with the launch of a...

Coscharis Voted Nigeria’s Top Conglomerate

One of Nigeria’s leading indigenous conglomerates, Coscharis Group, has won the award of the strongest brand in the country for 2016. The company bagged the...

Coventry University Honours Dangote with Doctorate Degree …Partners with Dangote Academy to Assist Scholars

Africa's richest man, Aliko Dangote, has been recognised and honoured by Coventry University in United Kingdom for his outstanding philanthropic leadership and longstanding contributions...

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Hugh Masekela Joins Fela

Ronke Kehinde/ "I lived in Liberia and Ghana and Guinea on and off, and learned many things, especially from my dear friend and brother Fela." That...

Agents Uncover Clues to Drug Lord, Escobar’s Hidden £50B

Ololade Adeyanju/ Divers have reportedly found clues which may finally reveal the location of drug kingpin Pablo Escobar's rumoured £50bn hidden fortune. The Sun reports that...

Police Cage Ezekwesili, others

Segun Atanda/ Former Minister of Education and convener of the BringBackOurGirls group, Dr Obiageli Ezekwesili, has raised the alarm that the Presidency has ordered the...