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Corea del Sud
Lotte Duty Free to open expanded store in Seoul skyscraper this week
Lotte Duty Free, South Korea's top duty-free operator, will open a store in the country's tallest building this week, th
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Yemen
Yemen's cholera outbreak keeps spreading at alarming pace
Source: UN Children's Fund Country: YemenBy the end of May, over 65,000 suspected cases of cholera and at least 532 deaths have been reported. The situation is overwhelming for what remains of Yemen’s conflict-battered health system. Highlights • By the end of May, over 65,000 suspected cases of cholera and at least 532 ...
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USA
Trump, Amazon and ‘Internet Taxes’: What Did He Mean?
A tweet may have implied support for legislation helping states force online retailers to collect sales taxes. But that is already Amazon’s practice.
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Nigeria
Law school class of 1977 celebrates 40th anniversary
Members of the 1977 class of the Nigerian Law School will on Friday converge on the Lagos campus of the institution to celebrate their 40 years of being called to Bar as barristers and solicitors of the Supreme Court of Nigeria. According to a statement on Wednesday, the occasion will ...
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Nigeria
CSR-in-Action, NEITI, others to examine extractive industries
’Femi Asu CSR-in-Action and the Nigerian Extractive Industries Transparency Initiative, in partnership with the Ministry of Petroleum Resources, Ministry of Mines and Steel Development, and other stakeholders are set to discuss critical issues in the nation’s extractive industries. The other stakeholders include the Nigerian National Petroleum Corporation, the Miners Association ...
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India
C’River to build 26MW power plant in Tinapa
’Femi Asu The Cross River State government has expressed its readiness to commence the construction of another power plant in addition to an ongoing 21 megawatts plant in the state. Funded by the Export-Import Bank of India and the Cross River State Government, the 26MW gas-powered plant in Tinapa is ...
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Giappone
Japan outlaws restrictions on resale of LNG cargoes
Japan has outlawed restrictions stopping customers from reselling cargoes of liquefied natural gas, in its latest move to liberalise a market where Japanese utilities have long been the biggest buyers. The Japan Fair Trade Commission, concluding an investigation into the sector, said it was banning clauses limiting resale of LNG ...
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USA Nigeria
Naira closes at 367/dollar, CBN sells $195m
Oyetunji Abioye The naira recorded a marginal gain on Wednesday, closing at 367 per United States dollar, up from 368 on Tuesday. The local currency has been hovering between 363/dollar and 370/dollar as the Central Bank of Nigeria continues to supply foreign exchange into the market. Analysts expect the local ...
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USA Nigeria
US oil export gains more momentum, threatens Nigeria’s
Femi Asu The United States’ monthly crude oil exports have hit the one million barrels per day mark, further penetrating some of Nigeria’s major export destinations. Since last year, Nigeria has lost some of its market share in Europe, its biggest regional market, as crude oil export from the US ...
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Nigeria
64-year-old bags 25 years for drug trafficking
A 64-year-old woman, Odeyemi Omolola, has been sentenced to 25 years imprisonment for attempting to export 1.595 kilograms of cocaine to Saudi Arabia. Omolola was convicted and sentenced on Wednesday by Justice Hadizat Rabiu-Shagari of the Federal High Court, in Lagos. The convict had been arraigned before the judge alongside ...