• Nigeria

    Stolen funds: Osinbajo, Sagay, Falana demand prosecution of complicit banks

    Ade Adesomoju, Abuja Acting President Yemi Osinbajo, on Monday, debunked allegations of engaging in media trial often levelled against the Economic and Financial Crimes Commission and other law enforcement agencies. Osinbajo, a Senior Advocate of Nigeria, said the allegations of media trial were being sponsored by treasury looters in their ...

  • Nigeria

    How a white man influenced me to study Law – Dogara

    Friday Olokor, Jos The Speaker of the House of Representatives, Yakubu Dogara, has explained that he ended up studying Law through the intervention and encouragement of a white man at the University of Jos. He therefore called on students pursuing a degree in Law to be steadfast and determined to ...

  • Nigeria

    Forex: CBN introduces new rules, naira closes at 367/$

    Oyetunji Abioye The Central Bank of Nigeria on Monday introduced  new rules into the interbank foreign exchange market. This came barely one week after the naira closed below 370/dollar on the parallel market. The rules were contained in a new circular tagged, “Further liberalisation of the interbank foreign exchange market,’’ ...

  • Nigeria

    African countries must cooperate to grow economy –SA Premier

    ’Femi Asu The Premier of Guateng, South Africa, David Makhura, has identified inter-African co-operation as critical to the economic growth of the continent.  Makhura, who delivered a lecture on his visit to the Lagos Business School last Friday, critically examined the narrative of ‘Africa Rising’, according to a statement on ...

  • Nigeria

    Norway, Nigeria partner to digitise library books

    Olaleye Aluko, Abuja The National Library of Norway has partnered the National Library of Nigeria to digitise books and other literary works produced in Nigerian indigenous languages. The Nigerian National Librarian, Prof. Lenrie Aina, announced this partnership in Benin, Edo State, while inaugurating a nationwide readership promotion campaign. He noted ...

  • Nigeria

    Nigeria’s debt rises by N7.1tn in two years

    Everest Amaefule, Abuja The nation’s total indebtedness to foreign and local creditors now stands at N19.16tn, the Debt Management Office has said. This is N1.8tn increase from the N17.36tn recorded at the end of December 2016. As of March 31, 2015, the country’s total debt stood at N12.06tn. This means ...

  • Nigeria

    Fed Govt earns N611b from Onne Zonne

    The Federal Government realised a whopping $2 billion ( about N611 billion) as revenue from the operation of the Onne Oil and Gas Free Zone, the Managing Director of Oil and Gas Free Zones Authority (OGFZA), Umana Okon Umana, has said. He spoke during the first session of the Nigeria ...

  • Nigeria

    Glo chief: SMEs backbone of economy

    National telecommunications operator, Globacom, has restated its commitment to the growth of the Small and Medium Enterprises (SMEs) in the country, describing them as the economic catalysts for the leading nations of the world. The company said at the Nigerian-American Chamber of Commerce’s 2017 African Foods and Products Conference which ...

  • USA

    California judge: 2014 Gaza conflict was war

    Legal battle over insurance for ‘Dig’ TV show dismissed before trial

  • Israele

    Israeli software company Perion rallies on partnership with Snapchat

    Business in Brief | Spuntech brings back old CEO after profits fall to near zero ■ Sarona Market partners are still struggling to stem exodus of tenants ■ Tel Aviv shares and dollar end the day lower