-
USA
Mexican migrants send more money home to help virus-hit economy
Remittances have increased since start of pandemic, helped by US welfare
-
USA
Beijing Warns U.S. Of Consequences Of Demanding Sale Of Tiktok To U.S. Coy
Beijing has urged Washington to refrain from setting an example that other countries could follow against U.S. businesses by demanding that Chinese video-sharing platform TikTok be sold to a U.S. corporation. Chinese Foreign Ministry spokesman Wang Wenbin said on Tuesday that the advice had become necessary as the U.S. could ...
-
Nigeria
Man Docked Over Alleged N3.9m Fraud.
A businessman, Mustapha Umar, on Tuesday appeared in a Life Camp Magistrates’ Court, Abuja, for allegedly defrauding a man of N3. 9 million. Umar, who resides at Sabon Lugbe, Abuja, is charged with two counts of criminal breach of trust and cheating. He, however, pleaded not guilty. The prosecution counsel, ...
-
Nigeria
‘Sale Of Vehicles To Ex-FMBN Boss Followed Due Process’
A report from a private investigation agency has revealed that the sales of three vehicles to its former managing director, Dr Gimba Ya’u Kumo was in line with the bank’s policy and followed due process. The report signed by the head of Investigation, Gaskiya Reports, Babangida Ali and made available ...
-
Nigeria
LCCI Seeks Review Of NIPOST Operational Code
The Lagos Chamber of Commerce and Industry (LCCI) has called for the review of the operational guidelines of the Nigerian Postal Service (NIPOST) to ensure development of the courier business. LCCI, in a press release noted that a framework in which NIPOST is both a regulator and operator was detrimental ...
-
Nigeria
Restaurant Opens 110th Merchandising Store
Leading quick service restaurant (QSR) operator in Nigeria, EAT ‘N’ Go and Master Franchisee of Pizza brand Domino’s Pizza and Cold Stone Creamery, has opened its 110th store in Nigeria. This feat was recorded after brands opened their 50th stores respectively in Badore Ajah, Lagos State. This expansion even amid ...
-
Nigeria
Shoprite Denies Exit Rumour,Says ‘We’re Open To Nigerian Investors’
South African retail company, Shoprite Holdings Limited, has discplosed that the Company was engaging Nigerian investors in expanding its operations. The Company explained that following approaches from various potential investors, and in line with its re-evaluation of the Group’s operating model in Nigeria, the Board decided to initiate a formal ...
-
Nigeria
Nestlé Nigeria Declares N141bn Revenue In H1
Nestlé Nigeria Plc has announced revenue of N141.025 billion for the half year (HI) ended June 30, 2020. The Company in its half year results released on the Nigerian Stock Exchange (NSE) showed that revenue dropped slightly from N141.909 in H1, 2019 to N141.025 in H1, 2020. Cost of sales ...
-
Messico
Sector privado de México eleva a 10% la contracción del PIB
La caída estimada es mayor al pronóstico de junio, cuando los especialistas preveían una caída de la economía del 8.97% para este año, mientras que en mayo las expectativas eran de un decremento del 8.16%.
-
Cina
La actividad industrial china alcanza los máximos desde 2011
El PMI de julio se situó en máximos desde enero de 2011, con 52.8 puntos frente a los 51.2 que marcó en junio. En este índice, supone crecimiento y por debajo, contracción.