ABUJA, March 6 (Reuters) – Nigeria’s central bank said on Tuesday it had injected $210 million into the interbank foreign […]
Nigerian News: Lagos to become Africa’s model megacity by 2025 –Ambode
The Lagos State Governor, Akinwunmi Ambode, has declared that the state would be Africa’s model megacity by 2025. Speaking to a […]
Nigerian Economy: NNPC Drives Down Cost of Producing Crude Oil per Barrel to $20
The Nigerian National Petroleum Corporation (NNPC) has brought down the cost of producing a barrel of crude oil to $20, […]
African News: African Startup Launches Drones for Global Market
Talking fast and dreaming big, William Elong shows off the first “made in Cameroon” drone at his sixth-floor workshop in […]
Economy: WHO budgets $178 million on health issues in Nigeria for two years
The World Health Organisation (WHO) on Monday, says it will spend $178 million from 2018 to 2019 on health related […]
Business: Smile Holdings Raises Concern over Sale of 9mobile, Calls for Review
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 […]
A GLOBAL VALIDATION OF NIGERIAN ART – BEN ENWONWU’S MASTERPIECE, “TUTU”, SELLS FOR $1.4 MILLION
The long-lost work of late Nigerian artist, Ben Enwonwu, was sold at the Bonhams auction house, London, for £1.2 million […]
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 […]
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 […]
Chinese President Xi Jinping is set to rule his country for life
Chinese President Xi Jinping is already one of the most powerful leaders in his country’s history. Now he’s poised to […]
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 […]