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Business and Economy

Court gives EFCC nod to freeze N136m linked to army chief, Hakeem Otiki, in Fidelity Bank

Abuja, Jan. 22, 2020 (NAN) The Federal High Court, Abuja, on Wednesday, gave the EFCC the go-ahead to temporarily freeze the sum of $376,...

Katsina Govt. to spend N401m monthly on minimum wage

Katsina State Government says payment of the new minimum wage to workers in the state would cost it additional N401 million monthly.The state’s Commissioner...

NSE: Market indicators sustain downtrend by 0.02%

The Nigerian equities market sustained negative trend on Wednesday with the market indices dropping marginally by 0.02 per cent.Speficially, the All-Share Index dipped 4.55...

UK-Africa Investment Summit scales up investment for Africa’s clean energy transformation

The British High Commissioner, Catriona Laing, says UK-Africa Investment Summit has scaled up investment for Africa’s clean energy transformation.Laing said in a statement on...

Dangote Cement share buyback to be completed in 12 months — Official

Dangote Cement shareholders on Wednesday unanimously endorsed the company’s share buyback plans to be completed in 12 months.The shareholders gave the approval at the...

DMO offers N155bn of 3 Instruments to investors

The Debt Management Office (DMO) has offered N155.00 Billion of three Instruments 5-Year, 10-Year and 30-Year Tenors to investors at the auction.The DMO made...

China’s Spring Festival benefits global merchants

By Pan Xutao, He Yue, Ren Yanyan,As China's Spring Festival is approaching, more and more Chinese consumers purchase foreign goods for the holiday, which generates benefits...

World needs to tackle problems amid process of economic globalization

By Zhong Sheng“Economic confrontations” and “domestic political polarization” are considered the top risks this year by the Global Risks Report 2020 recently issued by the World...

Consumption potential of China’s lower-tier markets continuously released

By Luo Shanshan, People’s DailySinking into lower-tier markets has become the primary approach of China’s Internet industry to increase traffic, said a report released by Chinese...

Xi’s Davos speeches three years ago still bear significance today

By Chen XuIn early 2017, Chinese President Xi Jinping visited Switzerland and delivered two speeches at the opening session of the World Economic Forum (WEF) Annual Meeting...

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