The reserve bidder in the sale of 9mobile, Smile Telecoms Holdings, has raised concern over some perceived anomalies in the […]
Tax evasion: Nigerian government to target property owners in highbrow areas
Property owners in highbrow areas across the country are now targets of federal and state governments tax agencies determined to […]
CBN HAS WARNED INVESTORS ABOUT CRYPTOCURRENCIES, BUT COULD IT BE MISSING SOMETHING?
The Central Bank of Nigeria (CBN) has once again cautioned Nigerians to be wary of investments in cryptocurrencies, asserting that […]
Axa Plunges After Agreeing to Buy XL Group for $15.3 Billion
Axa SA agreed to buy XL Group Ltd. for $15.3 billion in cash in the biggest-ever European acquisition of a U.S. insurer. Shares […]
NNPC: We Spend N774m Daily to subsidise Petrol
Lagos – The Nigerian National Petroleum Corporation (NNPC) said on Sunday that based on the heightened petrol consumption rate of 50 million […]
Africa’s Takeaway from the World Economic Forum
The World Economic Forum for 2018 may have come and gone, but the question that will linger remains what lessons […]
African News: French NGO asks Canada to probe African leaders’ real estate purchases
Montreal- The French NGO Sherpa on Thursday called for an investigation into the purchases of Canadian real estate by […]
Nigeria’s Economy: Buhari Welcomes Increased Foreign Private Investments in Nigeria
President Muhammadu Buhari has welcomed the rise in foreign private investments in the country owing to the success of his […]
World Economy: Here’s what the world is saying about Trump’s tariffs
President Donald Trump on Thursday said that the United States will slap tariffs on steel and aluminum imports from around the world […]
Nigeria’s Economy: Report from NBS shows that year 2017 attracted $12.2bn investment
On Thursday, the National Bureau of Statistics (NBS) published the capital importation report for 2017 which totaled an investment inflow […]
Restructuring Nigeria’s Economy: Atiku Abubakar expresses his concern about how restructuring will be beneficial to the whole country
At a book launch in Lagos yesterday, former Vice President Atiku Abubakar, represented by Prof. Maxwell Gidado emphasized that: “Restructuring […]
Nigeria’s Future: Moghalu Former Central Bank Deputy Governor To Run For Presidency 2019
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has officially declared to run for the president […]
Oil-Rich Nigeria Fuel Scarcity Weighs on Buhari’s Popularity
Lines of cars and trucks snaking around blocks in the center of the Nigerian capital, Abuja, highlight the state’s failure […]
Comcast challenges Murdoch with $31 billion offer to buy Sky
Comcast Corp, the biggest cable operator in the United States, offered on Tuesday to pay $31 billion to buy Sky, […]
Weinstein Co. to File for Bankruptcy After Deal Collapses
The Weinstein Co. is set to turn to bankruptcy to try and save its entertainment assets from the financial problems […]
Latvia Scandal Places ECB Role as Bank Supervisor Under Scrutiny
U.S. claims that a Latvian bank laundered money and violated sanctions on North Korea led to the lender’s demise in […]
Commonwealth: Nigeria Could Be A Key Brexit Ally
Britain voted to exit the European Union in 2017, a decision that has now famously been termed “Brexit.” In recent […]
China’s Huawei Set To Lead Global Charge To 5G Networks
China’s Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime […]
Burkina Faso Seeks New Partner for $1 Billion Manganese Project
Burkina Faso is looking for a new partner to mine the world’s largest manganese deposit after rights disputes thwarted two […]
Nigeria Takes Steps to Avoid Repeat of Etisalat Collapse
Nigeria’s telecommunications regulator said tougher financial-health checks on the country’s biggest mobile-phone companies could prevent a repeat of last year’s […]