• USA

    Linkin Park albums back in top 10 after Chester Bennington’s suicide

    Two albums by Linkin Park re-entered the top 10 on the US sales chart Tuesday as fans mourned the suicide of frontman Chester Bennington. “One More Light,” the California rockers’ final album, which hit number one when it came out in May, jumped back to number four on the Billboard ...

  • Panama

    Panama Papers: Mossack Fonseca closes 39 international offices, sacks staff

    Mossack Fonseca, the law firm linked to the Panama Papers scandal, has had to close most of its international offices due to a slump in business, company officials said Wednesday. Jürgen Mossack, one of its founders, told a briefing that the firm had been forced to close 39 of its ...

  • Nigeria

    Analysts react as IMF says threats to Nigeria’s economic recovery high

    ’Femi Asu The International Monetary Fund has predicted that the Nigerian economy will be out of recession this year with growth of 0.8 per cent though it says risks to the recovery remain high. It, however, said the growth would not be sufficient to reduce unemployment and poverty in the ...

  • USA Nigeria

    Reps query $350m loan request by Ogun

    John Ameh, Abuja Members of the House of Representatives on Wednesday queried a $350m World Bank loan plan by the Ogun State Government on the grounds that the state did not need foreign loans. The House Committee on Loans/Aids/Debt Management had met with the officials of some states seeking foreign ...

  • Cina Nigeria

    FG seeks $550m Chinese loan for satellites, others

    Everest Amaefule, Abuja The Federal Government is making efforts to secure a loan of $550m from the China Import Export Bank, the Minister of Communications, Mr. Adebayo Shittu, has said. The minister said this at a forum on the proposed ICT University, according to a statement issued by his Chief ...

  • Turchia

    Should homeowners pay the price for Turkey’s black economy?

    It is obvious that the housing industry is facing problems. The unmeasured increases in estate taxes in some places have already added to these problems

  • Nigeria

    DisCos, EFCC partner to fight corruption

    The Association of Nigerian Electricity Distributors (ANED), the Economic and Financial Crimes Commission (EFFC), the Police and other security agencies, are collaborating to rid the power sector of corrupt officials, it was learnt. ANED’s Executive Director, Research and Advocacy, Mr. Sunday Oduntan, said the deal had reached an advanced stage, ...

  • Nigeria

    $175m foreign airlines funds trapped in Nigeria

    Foreign airlines have $175million  ticket sales proceeds trapped in Nigeia, the International Air Transport Association (IATA) said yesterday. But the organisation applauded the  Central Bank of Nigeria (CBN) for reducing the debt, which could not be paid due to the dearth of foreign exchange, from $600 million in June 2017 ...

  • Nigeria

    Exit Of Foreign Partners Won’t Affect 9mobile, Olusanya Reassures Customers

    …Highlights strategic road-map to market evolution By CHIMA AKWAJA,   Nigeria’s telecommunications company, 9mobile has reassured its customers and key stakeholders that the exit of its foreign partners would not affect the quality of its network or its ability to deliver excellent products and services. Emerging Markets Telecommunication Services (EMTS), ...

  • USA Israele

    Business in Brief: Euro makes big gains on shekel as it hits new high against dollar

    SodaStream boosts quarterly net 84 percent but its shares turn lower ■ Boston property company Bullfinch eyes Tel Aviv bond issue ■ Pharmaceutical shares leads TA-35 to sixth straight day of declines