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Nigeria
Investments in gas, LNG declining – NLNG MD
’Femi Asu The Managing Director of the Nigerian LNG Limited, Mr. Tony Attah, has said investments in gas and the Liquefied Natural Gas are declining, and the proposed amendment to the NLNG Act poses further threat. Attah spoke at the 2017 Nigeria Oil and Gas Strategic Conference and International Exhibition ...
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USA Nigeria Malta
Nigerian players suffering in Malta
Footballers have been advised against joining two clubs in Malta’s 12-team Premier League after evidence emerged of poor treatment of foreign players, including youngsters from Nigeria and the United States, AFP reports. FIFPro, the World Footballers’ Association, said in a statement that players who recently signed contracts with Mosta and ...
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Nigeria
Buhari gives approval for private investments in refineries
Okechukwu Nnodim, Abuja President Muhammadu Buhari has approved the implementation of a new commercial model that will allow private investors to invest in restoring the operational efficiency of the country’s refineries, the Nigerian National Petroleum Corporation has said. According to the NNPC, the presidential approval was given to enable the ...
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Nigeria
BoI raises funding for Benue SMEs to N4bn
Ifeanyi Onuba, Abuja The Bank of Industry has unveiled plans to increase the base lending funds for the development of the mall Medium Enterprises in Benue State to N4bn. The move is part of measures to ensure rapid economic transformation of Benue State. The Acting Managing Director of BoI, Mr. ...
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USA Giappone
U.S. economy seen as victim amid Trump push to mass-deport undocumented immigrants
If President Donald Trump’s hard-line stance on illegal immigration leads to large-scale deportations, among those hurt could be the U.S. economy. That’s the view of many economists, who say the United States can’t afford to suddenly lose vast numbers of the immigrants who work illegally picking fruit and vegetables, building ...
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Giappone
SEC freezes assets in SoftBank-Fortress insider-trading probe
The U.S. Securities and Exchange Commission said on Wednesday it froze the assets of certain traders in a suspected insider trading scheme involving more than $3.6 million in profits related to the takeover Fortress Investment Group by Japan’s SoftBank Group Corp. SoftBank said after the close of business on Feb. ...
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USA Giappone
Contrary to Trump, Harley-Davidson opposed higher tariffs in retaliation to taxes abroad
Motorcycle maker Harley-Davidson, which President Donald Trump singled out Tuesday when discussing foreign trade barriers, warned earlier this year against responding to such restrictions by imposing higher American tariffs. Trump said in his speech to Congress that executives from Harley-Davidson told him they have trouble selling motorcycles outside of the ...
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Giappone
As North Koreans gain phone connectivity, surveillance, censorship tech gain ground: U.S. study
North Koreans have gained unprecedented connectedness with greater access to media and devices like cellphones over Kim Jong Un’s five-year rule. But private citizens’ embrace of a state-controlled network has opened the way to unparalleled state censorship and surveillance in the long-isolated, totalitarian country. A U.S. government-funded report released Wednesday ...
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Giappone
State stands to get $110 million in taxes via Dakota Access pipeline
North Dakota stands to gain more than $110 million annually in tax revenue after oil begins coursing through the Dakota Access pipeline, an analysis by The Associated Press shows. The calculation shows the potential payoff for a state whose officials have supported the pipeline despite concerns from Native American tribes ...
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USA Nigeria
Yam export
•A good idea from Anambra; but it needs fine-tuning The government’s policy on diversification seems to be yielding fruits. This assessment is encouraged by two recent announcements: Anambra State Governor Willie Obiano’s plan to export one million yam tubers to Europe and another million to the United States of America, ...