AfDB assesses success of African Investment Forum

Adesina Akinwunmi, President, AFDB The just-concluded Africa Investment Forum successfully convened key stakeholders and provided a platform for effective dialogue to drive investments into the continent. Running on the margins of the Forum, the Africa Energy Market Place (AEMP) progressed with country-specific discussions that began at the inaugural More...

by Felix OLOYEDE | Published 3 days ago
By Olaolu Ayoola On Wednesday, November 14th, 2018
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8 Nigerians make 2019 ‘Forbes 30 under 30 list’

Eight Nigerians have been listed, among other global influencers, in the 2019 ‘Forbes 30 under 30 list.’ Forbes 30 under 30 is a set of lists issued annually by Forbes magazine and some of its regional editions More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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Illegal $8.1bn transfer: MTN closes in on $800m Nigeria settlement

MTN Group Ltd. is close to reaching an $800 million settlement with Nigerian authorities over a claim it illegally transferred $8.1 billion funds out of the country, according to a source familiar with the situation. A More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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Bribery allegations: ICPC to probe Oshiomhole

The Independent Corrupt Practices and Other-Related Offences Commission (ICPC) on Wednesday said it would probe the allegation of corruption leveled against the National Chairman of the All Progressives Congress, More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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Judge orders Abaribe to pay N100m over Kanu’s disappearance

…varies Kanu’s bail condition, threatens arrest of sureties The Federal High Court in Abuja has ordered the three persons who stood sureties for the leader of the Indigenous People of Biafra (IPOB), Nnamdi More...

By Olaolu Ayoola On Wednesday, November 14th, 2018
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Governors convey emergency meeting over minimum wage

Nigerian governors under the auspices of the Nigeria Governors Forum (NGF) have called for an emergency meeting where the issue of the minimum wage is expected to be discussed in Abuja tonight. According to a source, More...

By Felix OLOYEDE On Tuesday, November 13th, 2018
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Bargain hunting pushes Nigerian equities market up 0.03% 

The Nigerian Stock Exchange The Nigerian Equity Market reversed previous day’s negative sentiment as it closed higher on Tuesday, gaining 0.03 per cent on the back of speculative trading on banking and industrial More...

By Felix OLOYEDE On Tuesday, November 13th, 2018
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Osinbajo issues fraud alert on TraderMoni

Vice President Yemi Osinbajo in a market Vice President, Yemi Osinbajo has issued a fraud alert to warn traders against filling any forms to benefit from the TraderMoni Scheme. Osinbajo issued this fraud alert while More...

By Felix OLOYEDE On Tuesday, November 13th, 2018
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Why Oil Prices Fall To One-Year Lows

Oil fell yet again on Tuesday, with the string of losses starting to mount. WTI fell below $60 and Brent fell below $70, hitting fresh one-year lows in the morning. Saudi Arabia is trying hard to stop the price More...