Airtel Nigeria will commemorate the 2018 World Book Day with public primary school pupils across different locations in the country with the donation of 5000 books and the hosting of book-reading sessions, Telecommunications services provider has said. This was contained in a statement made available to newsmen on Friday in Lagos, highlighting five other states […]
Read More
The United States will overtake Russia as the world’s biggest oil producer, if not this year, but by 2019 at the latest, the International Energy Agency (IEA) has decleared. This was even as US oil imports dropped to its lowest level since 2001. IEA Executive Director, Fatih Birol, said this at an event in Tokyo […]
Read More
Nine leading companies in the cement and concrete sector have launched the Global Cement & Concrete Association (GCCA), a progressive new association, dedicated to develop and strengthen the sector’s contribution to construction. The association will focus on driving advancements in sustainable construction, working to enhance the cement and concrete industry’s contribution to a variety of […]
Read More
The latest Global Wealth Migration review says rich people are leaving Lagos in droves for other cities because of taxes. According to the report, some of the reasons high net worth people are leaving their locations are taxes and increasing crime rates. Other cities affected are London and Istanbul. The report said 1000 wealthy people […]
Read More
Beijing will shut 1,000 manufacturing companies by 2020 under a years-long plan to restructure its economy, the official Xinhua news agency reported on Saturday, citing a city official. The closures are part of a bigger initiative to balance and integrate the economies of the cities of Beijing, Tianjin and the surrounding Hebei province. The plan […]
Read More Top oil exporter Saudi Arabia called Sunday for extending cooperation between OPEC and non-OPEC producers beyond 2018, after a deal to cut output succeeded in shoring up prices. The call, the first explicit invitation by Riyadh for long-term cooperation between oil producers, came with oil prices topping $70 a barrel thanks to the deal, after […]
Read More
Nigeria’s global ranking in retail development dropped from the 19th position recorded in 2016 to 27 out of 30 countries surveyed in 2017. Total national sales from the sector also dropped from $125 billion in 2016 to $109bn in 2017, according to the Global Retail Development Index, which measures retail investments based on all relevant […]
Read More
The United Nations has appointed Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, into the Investments Committee of the United Nations Joint Staff Pension Fund. A statement from the ministry on Sunday said the Under-Secretary-General of UN, Jan Beagle, confirmed Adeosun’s appointment. Beagle, according to the statement said that the finance minister would serve a one-year […]
Read More The Taiwan Flour Millers´ Association last week bought 73,635 tonnes of milling wheat to be sourced from the United States, European traders said on Wednesday. The wheat was bought in two consignments for shipment from the U.S. Pacific North West coast. The first consignment for shipment between Feb. 19 and March 5 involved 18,575 tonnes […]
Read More
The British car industry association says automobile sales in the country fell in 2017 for the first time in six years and are set to fall further this year largely because of subdued economic growth. The Society of Motor Manufacturers and Traders said Friday that overall demand fell 5.7 percent in 2017 to 2.54 million […]
Read More
Global stock indexes were mostly higher on Friday, putting them on track to close out the year with strong gains. KEEPING SCORE: Britain’s FTSE 100 rose 0.9 percent to a record high of 7,687.77, meaning it gained 7.6 percent during 2017 despite heightened Brexit uncertainties. The fall in Britain’s pound has largely helped push up […]
Read More
Buoyant commodity prices alongside a pullback in U.S. bond yields and the dollar propelled world stocks to new record highs on Thursday, signalling the rally would likely extend into 2018. MSCI’s world equity index, which tracks shares in 47 countries, has risen about 22 percent this year and looks set for a record 14th straight […]
Read More
