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India Nigeria
India loses spot as Nigeria’s biggest oil buyer
’Femi Asu For the first time in at least two years, India’s monthly import of Nigerian crude oil has fallen below six million barrels, the latest monthly report from the Nigerian National Petroleum Corporation has shown. The Asian country lost its spot as Nigeria’s top oil buyer in December, as ...
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Nigeria
Fund to develop power assets in Nigeria, others
’Femi Asu An investment fund managed by QG Investments Africa Management Limited, QG AfricaMezzanine LP, has announced the establishment of a power development company to develop power assets across sub-Saharan Africa. The new joint venture, QG Power Africa, was established in collaboration with Tomé International Limited and Independent Power Corporation ...
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USA Nigeria
Lawyer demands US embassy’s apology over client’s deportation
Ade Adesomoju, Abuja A Nigerian, Mrs. Comfort Olaleke, has challenged her deportation from the United States of America. Her octogenarian husband, Mr. Joseph Olaleke, is currently being treated for cancer in the foreign country. In a petition dated, April 3, 2017 by her lawyer, Mr. Babs Akinwumi, the woman faulted ...
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Giappone
Lawson Chairman Tamatsuka to step aside in May
Lawson Inc. said Wednesday that Genichi Tamatsuka will step aside as chairman of the convenience store operator in May. Tamatsuka, 54, is expected to be named as an adviser at Lawson’s general shareholders meeting set for May 30. Tamatsuka’s resignation came after the company established a new management team, a ...
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Giappone
Dollar plunges below ¥110 amid tension over North Korea
The dollar plunged to a five-month low below ¥110 in Tokyo trading on Wednesday, with escalating geopolitical tensions keeping investors away from risky assets. At 5 p.m., the dollar stood at ¥109.67-67, down from ¥110.54-55 at the same time Tuesday. The euro was at $1.0618-0620, up from $1.0590-0590, and at ...
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Giappone
Tokyo stocks tumble on rising geopolitical tensions
Stocks plunged on the Tokyo Stock Exchange Wednesday, dragged down by the yen’s rise against the dollar amid growing geopolitical tensions. The 225-issue Nikkei average dived 195.26 points, or 1.04 percent, to close at 18,552.61, hitting its lowest finish since Dec. 7 last year. On Tuesday, the key market gauge ...
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Giappone
Tokyo Disneyland looks to reverse visitor downtrend with ¥75 billion renovation
Large-scale renovation work set to be completed in the spring of 2020 has started at Tokyo Disneyland as its operator aims to reverse a recent downtrend in visitor numbers. In the ¥75 billion project, the largest investment by Oriental Land Co. since the amusement park opened in 1983 in Urayasu, ...
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Nigeria
Manufacturers Urge CBN To Raise Special Window Allocation To SMEs To $100,000
Mr Wale Adegbite, the Chairman, Manufacturers Association of Nigeria (MAN) in Ogun, has advised the Central Bank of Nigeria (CBN) to increase the special window given to SMEs in the country from 20,000 to 100,000 dollars quarterly. Adegbite told the News Agency of Nigeria (NAN) on Wednesday in Ota, Ogun, ...
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Canada
Coopération : Le FCE aura une représentante au Canada
Le forum des chefs d’entreprise installera aujourd’hui à Montréal Esma Zahzah comme représentante pour le Canada, à l’issue de la visite de son président Ali Haddad à Montréal et Ottawa. Membre honoraire du FCE, elle aura pour mission de maintenir et de dynamiser les relations avec les milieux d’affaires canadiens. Diplômée ...
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USA Etiopia
Reversing the cycle of risk in Ethiopia
Source: UN Development Programme Country: EthiopiaWeather insurance, water harvesting, diverse cash crops, land management, new technologies and community-based approaches are enhancing Ethiopia’s resilience to climate change.Weather insurance, water harvesting, diverse cash crops, land management, new technologies and community-based approaches enhance Ethiopia’s resilience to climate change Rain-fed agriculture is becoming risky business for ...