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Nigeria
Petrobras bate recorde de vendas de diesel S-10
A Petrobras bateu o recorde de vendas de diesel S-10 com baixo teor de enxofre, no mês de abril, alcançando a marca de 437 mil barris por dia (bpd), o que representa aumento de 4,4% em relação ao recorde anterior de 418 mil bpd, registrado em março de 2021. O crescimento ...
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Brasile USA
Brazil’s infrastructure ministry expects US$49 billion in private investment by end of 2022
RIO DE JANEIRO, BRAZIL - Infrastructure Minister Tarcisio de Freitas said on May 14 that concessions of public assets to private enterprise will yield the country approximately R$260 (US$49) billion in infrastructure investments by the end of 2022. According to Freitas, the amount is approximately 40 times the ministry's budget. ...
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Brasile USA
Brazil’s agribusiness exports set record for April at US$13.6 billion
RIO DE JANEIRO, BRAZIL - Brazil's agribusiness exports hit a record US$13.57 billion in April, up 39% compared to the same month last year, driven by shipments of soybeans, meat and forest products, the Ministry of Agriculture said Friday. According to the Ministry, this is the first time that the ...
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Brasile India
Brazil bans entry of passengers from India into the country
RIO DE JANEIRO, BRAZIL - Brazil, one of the countries hardest hit by the covid-19 pandemic in the world, provisionally banned entry into the country of foreign passengers coming from India, which has been registering successive records of deaths and coronavirus infections for several days. The decree published in an ...
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Nigeria
ICPC Fugitive, Kumo, No Longer President Buhari’s In-law – Presidency
By Jonathan Nda-Isaiah, Abuja The presidency has dismissed insinuations that a former managing director of the Federal Mortgage Bank of Nigeria (FMBN), Gimba Yau Kumo, wanted by the ICPC over an alleged $65m fraud is “an inlaw of the President”. Presidential spokesman, Garba Shehu, in a statement on Friday, said ...
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Nigeria
Naira Drops To Record Low On Official Market After Devaluation
By Tarkaa David,Abuja The Nigerian naira fell to a record low on the official market yesterday, with lenders quoting it 7.7% weaker against the dollar, following a currency devaluation aimed at unifying multiple exchange rates. The naira dropped to 419.75 per dollar, from its last trade at 381 on Monday, ...
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Nigeria
ICPC Fugitive No Longer PMB’s In-law – Presidency
By Jonathan Nda-Isaiah & By Chibuzo Ukaibe, Abuja The Presidency has dismissed reports that the Independent Corrupt Practices Commission (ICPC) had declared an in-law of the president wanted in connection with a $65 million fraud, saying the suspect had ceased to be an in law to the president’s family some ...
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Nigeria
MONEY MAKING VENTURES: Businesses To Consider Today (2)
In a time of slowed down economic progress and gradual economic recovery, planning to start a lucrative business in Nigeria in 2021 would be very timely. You can now be a business expert from the comfort of your home with the right mindset and determination. Real Estate Business According to ...
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Nigeria
How I Made It : Tony Elumelu: A Big Heart To Drive Corporate Realisation
BY Enyo Ati Elumelu is acknowledged as one of the most influential corporate leaders in Nigeria and a prolific African entrepreneur of the new generation. To Tony Elumelu, chairman of United Bank of Africa Plc, leadership of a board is not child’s play but one that requires the extra-ordinary. He ...
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USA
US retail sales flat, inflation fears on the rise
WASHINGTON: The US economic recovery showed signs of hitting some turbulence as shoppers curbed their spending last month and manufacturing slowed due to supply bottlenecks.