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Business & Finance

AfriOne: Inside one of Nigeria’s Smartphone Assemb

Saturday, April 22, 2017
AfriOne Nigeria Limited launched Nigeria rsquo;s first assembly plant geared towards the manufacture of smartphones and other consumer devices. According to a spokesperson for AfriOne; This marks the availabilty of the first in-country produced smartphones for sale in then Nigerian market ...

Adeosun engages G24 on tax revenue, inclusive growth, budget transparency

Friday, April 21, 2017
.Calls for focus on non-oil revenue growth, tax compliance and budget accountability to drive sustainable economic development The Honourable Minister of Finance, Kemi Adeosun, met with fellow Finance Ministers at a meeting convened by the G24 Group to discuss strategies to drive non-oil rev ...

Suspended NIA DG Oke indicts Jonathan in $289m transaction

Friday, April 21, 2017
Suspended NIA boss, Ayodele Oke, has disclosed that Jonathan ordered the release of $289m in February 2015. Buhari consequently ordered for their investigation by a three-man panel headed by Vice President Yemi Osinbajo. The Punch reports that a top government source, on Thursday, April 20, di ...

Buhari appoints Abubakar Bello new NEXIM Bank MD

Friday, April 21, 2017
President Muhammadu Buhari has appointed Abubakar Bello as the new Managing Director of the Nigeria Export-Import Bank. Bolaji Adebiyi, His appointment was announced on Thursday by the Director of Press in the Office of the Secretary to the Government of the Federation, Mr. Bolaji Adebiyi. The ...

Paris Club Refunds: FG Can’t Determine What We Do With Our Money, Okowa Dares FG

Wednesday, April 19, 2017
Delta State government under Mr Ifeany Okowa has thundered on the President Mohammadu Buhari-led Federal Government (FG), that it would not direct the state government on what to do with their portion of the London-Paris Club refund accruing to the state. It would be recall that President Buhari ...

$43m Osborne funds: EFCC searches Peter Obi's apartment as Saraki wants EFCC to

Wednesday, April 19, 2017
SENATE, yesterday, asked the Economic and Financial Crimes Commission, EFCC, to immediately unveil owners of the $43 million found in a luxury apartment at Ikoyi, Lagos. Senator Saraki President of the Senate, Bukola Saraki, who stated this in an interview with Arise Television late Monday night, al ...

Ultramodern Luxury Facility Opens in Anambra with First 24 Hour Multi-Purpose Fi

Tuesday, April 18, 2017
In response to the ldquo;Aku Luo Uno quot; Campaign of the Governor of Anambra State, Chief Willie Obiano, aimed at attracting Igbo entrepreneurs to invest in their homeland, an ultramodern luxury facility including the first 24 hour Filling Station in South East Nigeria has just been completed a ...

FBI on the trial of Nigerian scammer, offers just $1000 to whistleblower

Monday, April 17, 2017
The United States Federal Bureau of Investigations (FBI) has offered a paltry $1000 reward to whistleblowers who can offer information to arrest a Nigerian New Yorker, 32 year-old Kelechi Declan James. The agency has declared Kelechi wanted for allegedly scamming victims of more than $5 million. ...

Uber May Face $1 Million Fine Over California Drunken-driving Complaints

Friday, April 14, 2017
Uber 8217;s popular ride-sharing network has repeatedly failed to promptly suspend and investigate its California drivers when passengers report them driving drunk, state regulators charged in an enforcement action, recommending $1.13 million in fines. The consumer protection arm of the Californ ...

Toshiba Creditors Likely To Approve Chip Unit Collateral For $9.2 Billion Financ

Friday, April 14, 2017
Japan 8217;s Toshiba Corp is likely to win creditors 8217; approval for offering its prized memory chip business stake as collateral for new loans and loan commitments worth around 1 trillion yen ($9.2 billion), sources briefed about the matter said on Friday. The approval is crucial for the tr ...

General Electric Partners Ibom Power To Increase Capacity By 480mw

Thursday, April 13, 2017
In line with the cardinal vision of Governor Udom Emmanuel for massive industrialization of Akwa Ibom State, General Electric (GE) has proposed to add 480MW to the current 191MW capacity of Ibom power plant using a fast track power technology. The Board Chairman of Ibom Power Company Limit ...

Airtel,Lagos Train Hundreds of Youth on Leadership Development

Wednesday, April 12, 2017
Lagos, Nigeria; 11th April, 2017: In line with its commitment to empower young Nigerians as well as create a credible platform for youths in Lagos to leverage on, leading telecom operator, Airtel Nigeria, has partnered with the Lagos State Ministry of Youth Development to organize an i ...

Ekow Mensah Hosts The 1st Igniting Dreams Conference

Wednesday, April 12, 2017
On what would be a celebration of his 10 years of promoting entrepreneurship, impacting lives and igniting dreams of young people across Africa, Ekow Mensah, Chairman of Ekow Mensah Investments and Founder amp; CEO of The African Network of Entrepreneurs (TANOE) is set to host the first edition ...
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