World’s 30 most competitive economies, according to WEF

Switzerland is the world’s most competitive economy for a ninth straight year, the Geneva-based World Economic Forum’s annual rankings showed on Wednesday. Following is a table showing the top 30 countries, according to the World Economic Forum. 1 Switzerland 2 United States 3 Singapore 4 Netherlands 5 Germany 6 Hong Kong 7 Sweden 8 United […]

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INEC

Norway pledges support to Nigeria’s INEC

The Kingdom of Norway on Tuesday assured that it would deploy necessary resources to assist the Independent National Electoral Commission (INEC) to deliver on its mandate. The Ambassador of Norway to Nigeria, Mr Jens-Petter Kjemprud, gave the assurance when he visited the INEC’s headquarters in Abuja. Chief Press Secretary to INEC Chairman, Mr Rotimi Oyekanmi, […]

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Oil hits 6-week low as OPEC fails to curb oversupply

Oil prices dropped to six-week lows on Thursday, under pressure from high global inventories and doubts about OPEC’s ability to implement agreed production cuts. Brent crude oil fell 30 cents to $46.70 a barrel, its weakest since May 5 and just above six-month lows, before recovering a little to trade around $46.90 by 1345 GMT. […]

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Western Union activates live digital service in 40 countries

Global funds transfer company, Western Union Company (NYSE: WU), has announced that it has further strengthened its global digital money transfer footprint, with the activation of its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations including the US, Canada and major parts of […]

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US, UK, Norway, EFCC probing UK firm over Tompolo

Anti-corruption agencies in four countries are examining a British firm’s links to a multimillion-pound defence deal involving a former Nigerian warlord, Government‎ Ekpemupolo. Ekpemupolo is popularly known as Tompolo. According to Guardian, Investigators in the UK, the US, Nigeria (Economic and Financial Crimes Commission) and Norway are scrutinising Cas-Global, after it was alleged that the […]

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Norway to expand sea food trading to Nigeria

One cannot talk of seafood, particularly stockfish without mentioning Norway. That is why people from various works of life, including international traders, Norwegian and Nigerian government officials, and other stakeholders in the Nigerian fishery industry converged at Eko Hotels, Lagos for the Norwegian seafood seminar on networking relations for Norwegian stockfish, pelagic and salmon in […]

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