Anxiety as Sub-Sahara Africa’s economy to slow at 1.5% – IMF
Indication has emerged, suggesting that recession is becoming a continental problem as the International Monetary Fund (IMF) has said that average growth for the Sub-Sahara Africa region is projected at a low 1.5 per cent, and it is the lowest…
Heritage Bank to launch ‘Happy Days’ promo today
Heritage Bank Plc will today in Lagos launch a promo tagged, ‘Happy Days Promo’ to empower and reward its loyal customers. The promo is open to persons from age 18 years and above. The promo which is additionally designed to…
More conflicting reports on local rice continue to come from govt agencies
Whereas the Minister of Agriculture and Rural Development, Chief Audu Ogbeh had last week raised alarm that famine will hit the country next year, the Central Bank of Nigeria (CBN), Tuesday said before the end of 2017, Nigeria will begin…
Ghana begins construction of $30 million e-Waste facility in Accra
The Ghanaian Ministry of Environment, Science, Technology and Innovations has cut the sod for the construction of a $30 million E-waste recycling facility at Agbogbloshie in Accra. The development became necessary owing to the rising volume of e-waste in the…
Dangote votes $3bn for 540km crude offshore pipeline from N/Delta to Lekki refinery
Ahead of 2018 delivery of the premium value refinery in Lekki Penunsula in 2018, Dangote Group is about concluding plans to embark on $3 billion project for a 540-kilometre pipeline from Niger Delta to the Lekki free trade zone in…
Government begins work on power transmission facilities in six states
The Minister of Power, Works and Housing, Babatunde Raji Fashola has revealed plans to begin work on electricity transmission lines in over six states to boost power supply in the country. The development seems to have been propelled by the…
OPEC agrees on cuts, Nigeria, Libya exempted due to home violence
The Organization of the Petroleum Exporting Countries (OPEC) Wednesday committed its fractious members to their first oil production limits in eight years. The cuts have already triggered jump in oil prices to $50 per barrel and may jump further to…
Coscharis boss, Cosmas Maduka named Car Personality of the year
The President of Coscharis Group, Cosmas Maduka, has won the prestigious Auto Personality of the Year award in Nigeria. The award held in Lagos saw other leading companies and stakeholder winning several laurels at the event. The Managing Director of…
Again, stowaway on Arik Air plane lands in S/Africa from Lagos but dead on arrival
A dead body was found on Wednesday in the wheel well of a Nigerian plane after it landed in South Africa, the airline said in a statement. The body was found on a plane operated by Arik Air, one of…
Mbanefo, NTDC Director General had overstayed her limit by law
The last woman standing in the former administration of President Goodluck Jonathan, the Director General (DG) of the Nigeria Tourism Development Corporation (NTDC), Mrs. Sally Mbanefo, has been removed from office. Observer say the only remaining Jonathan appointee is the…
