Most Recent World News

Egypt, China sign 3 contracts at $1 bn investment

On the sidelines of President Abdel Fattah al-Sisi’s visit to China, three contracts were signed on Sunday evening with large Chinese companies for investments around US $1 billion, to be.

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Kenyan Multi-Millionaire Industrialist Chris Kirubi Sells BIC Franchise

Haco Industries, the fast moving consumer goods manufacturer owned by Kenyan businessman Chris Kirubi, has relinquished its manufacturing and distribution rights of BIC stationery and personal care products to French.

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Nigerian Oil Tycoon Tonye Cole Joins Politics

Tonye Cole, a Nigerian multi-millionaire and co-founder of Sahara Group, has resigned from the board of directors of the company to attempt to build a political career. The board of.

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China’s Xi offers $60bn in financial support to Africa

China’s President Xi Jinping has offered $60bn in financial support to African countries and written off debt for poorer African nations. Speaking at the opening of a major summit with.

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Why More Startups Are Choosing To Operate Lean…Even If They Don’t Have To

Many young entrepreneurs have long held the belief that the solution to growing a business is to hire as many employees as they can, as quickly as possible. Recent data.

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Decline in Economic Growth for Two Quarters Raises Concerns

The news that Nigeria’s economy expanded for the fifth consecutive time after exiting a recession, with the GDP growing at 1.50 per cent in the second quarter, should ordinarily have.

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As Foreign Portfolio Investment Outflow Increases…

Olaseni Durojaiye reviews concerns and optimism raised about the nation’s declining external reserves, which has been traced to the increasing outflow by foreign portfolio investors The increasing outflow of foreign.

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Egypt’s Sisi says ‘Cairo can benefit from China’s economic successes and expertise’

Egyptian President Abdel-Fattah El-Sisi said during a visit to the Chinese Communist Party Academy in Beijing that Cairo highly commends China for its successes in construction and development, and called.

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Nigeria, China to sign $328m agreement on ICT – Presidency

Presidential spokesman, Garba Shehu, has said that Nigeria and China have completed arrangements to sign 328 million dollars agreement on the National Information and Communication Technology Infrastructure Backbone Phase 11.

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Nigeria’s pension fund asset rises to N8.2 trn – NBS

The National Bureau of Statistics (NBS), says Pension Fund Asset (PFA) in the second quarter stands at N8.232 trillion as against N7.943 trillion recorded in the first quarter. The NBS.

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