Tuesday, June 25, 2019

Business

Africa’s youngest billionaire, Mohammed Dewji, was kidnapped on Thursday morning by gunmen in Tanzania’s economic capital Dar es Salaam, officials said. Mohammed Dewji, 43, who heads the MeTL Group which operates in about 10 countries with interests in agriculture to insurance,...
Nigeria's Minister of Information and Culture, Alhaji Lai Mohammed (pictured below), has said that the Social Networking Platform, Facebook, plans to partner with the Federal Government on its National Campaign to eliminate Fake News. The Minister announced the plan in...
The Central Bank Of Nigeria(CBN) has warned against spraying money at parties which is common in Nigeria. The CBN said that anyone caught risks going to jail or pay a fine of 50,000 Naira. CBN spokesman Isaac Okorafor, who announced...
No fewer than 23 cows have been killed by thunder in Ekiti State Nigeria, the News Agency of Nigeria (NAN) reports. The deafening thunder was accompanied by a downpour recorded in parts of the state in last couple of days The...
General Electric is removing CEO John Flannery from his role and replacing him immediately with Lawrence Culp, who will also serve as chairman. The unexpected move shot GE shares up in premarket trading on Monday. The company also announced it will take...
The situation is terrible! Shops, goods and properties have been destroyed by massive fire at Fruit Garden in Port Harcourt, River state. The fire, which affected a section of the popular Fruit Garden Market in D-Line, razed shops with all the items...
The world’s most expensive pair of shoes have been put on sale for a jaw-dropping $17 million (N6.1 billion) in Dubai. It is made out of leather, gold, silk and diamonds. Jada Dubai, a Dubai-based shoemaker, unveiled the shoes at...
The Central Bank of Nigeria (CBN) on Friday Sep 21, 2018, revoked the operating license of Skye Bank Plc with immediate effect. One of Skye Bank's branches - Osogbo,Osun State,Nigeria The withdrawal of the license was announced was announced by the...
IBM is facing another round of accusations about its hiring and firing practices. This is coming months after a ProPublica report said the technology giant had dismissed more than 20,000 workers older than 40 in the last five years. In the...
Apple Inc introduced its largest-ever iPhone and a watch that detects heart problems on Wednesday in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for smartphones. The relatively small changes...

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