Bill Gates Loses World’s Second Richest Position
Bill Gates has been unseated as the second richest man in the world, losing the position to Bernard Arnault, the chairman and CEO of LVMH. The News Agency of Nigeria…
Tanzania May Review 2018 GDP, World Bank Estimate Lower
Tanzania’s statistics agency said on Thursday it may review its economic growth figure for 2018 after the World Bank came up with a significantly lower one. In the second major…
Regional Leaders, Partners Sign $100m ‘Stabilisation’ Facility For Lake Chad
The Lake Chad basin governors including global partners on Wednesday in Niamey signed a $100 million regional stabilisation facility aimed at ending the humanitarian crisis in the Lake Chad. The project is…
IMF Boss, Lagarde Leaves Office
The Managing Director of the International Monitory Fund (IMF), Ms. Christine Lagarde has resigned. Ms. Lagarde made her resignation notice known in a statement she released on Tuesday on the…
INVESTIGATION: World Bank, African Development Bank Blacklist 15 Nigerian Companies, 9 Individuals
The African Development Bank and the World Bank have blacklisted 15 Nigerian firms doing businesses with them. Also put on the blacklist are nine Nigerian nationals indicted for various forms of procurement malpractices. The African Development…
Nigeria Inflation Falls To 11.22% — Lowest In One Year
The National Bureau of Statistics on Monday said the Consumer Price Index (CPI) which measures inflation rate dropped to 11.22 per cent in June 2019. It is the lowest inflation…
Senate Wants Nigeria’s Business Community To Explore Benefits Of AFCTA
The Senate on Thursday asked the federal government to enlighten the Nigerian business community on how to leverage on the immense benefits of the African Continental Free Trade Area (AfCTA)…
Over 172m West Africans In Darkness – ECOWAS
The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) said on Saturday that more than 172 million West Africans lacked electricity. Executive Director of the centre, Mr Mahamah Kappiah…
Nigerians React As COZA’s Biodun Fatoyinbo Steps Down Over Rape Allegation
Nigerians have reacted to Pastor Biodun Fatoyinbo’s decision to step down as the Senior Pastor of the Commonwealth of Zion Assembly, COZA, over alleged rape allegation from Timi Dakolo’s wife,…
China, Africa Sign $20.8bn-Worth Deals At Trade Expo
By Lukman Amusa The first China-Africa Economic and Trade Expo ended in Changsha, Hunan Province with 84 cooperation documents worth $20.8 billion signed between China’s state-owned and private enterprises and…
