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Tony Elumelu seeks $2.5 billion Japanese investment for Africa

Chairman, Heirs Holdings, Tony Elumelu, has asked Japan to invest $2.5 billion representing five per cent of its $50 billion commitment to Africa.
Facebook, Messenger and Instagram apps are are displayed on an iPhone. Jenny Kane-AP

Facebook wins dismissal of lawsuit that accused it of deceiving investors over privacy breach...

Facebook and its chief executive Mark Zuckerberg on Thursday won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its stock price, though the investors will be have a chance to refile their case.

Tony Elumelu challenges Japan on empowering African entrepreneurs

African investor and philanthropist, Mr. Tony Elumelu, has challenged the Government of Japan to invest 5 per cent of its $50 billion commitment to Africa towards empowering African entrepreneurs.

Tony Elumelu seeks $2.5 billion Japanese investment for Africa

Chairman, Heirs Holdings, Tony Elumelu, has asked Japan to invest $2.5 billion representing five per cent of its $50 billion commitment to Africa.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC engages armed forces, police, others on investment initiatives

The Securities and Exchange Commission (SEC), in its bid to ensure the proliferation of financial literacy and investors education, has reached out to officers in the Armed Forces, Police, and other Para-military and other agencies on the investment initiatives in the Capital Market, and how to protect their sundry investments.
Davido performing at BBC Radio 1Xtra Live at the O2 Arena in London.

Davido pulls stunning performance with 50 Cent

Afropop star, David ‘Davido’ Adeleke, stunned the crowd at the ‘Tycoon Party’ in New Jersey where he shared the stage with American superstar, 50 Cent.
Former Governor of Imo State, Senator Rochas Okorocha, on Monday lamented that the immediate past Minister of Power, Works and Housing, Babatunde Fashola is now having gray hair because the work of heading three ministries was to big for him.

Senator Okorocha: Governor Ihedioha actions‘ve taken Imo backwards

Immediate past Imo governor, Rochas Okorocha, has accused his successor Emeka Ihedioha of driving the state backwards since he assumed office by destroying everything he met on ground just to spite him.

Oil rises for 5th session as stockpiles fall and market awaits Fed

Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago.
President of the African Development Bank (AfDB), Dr Akinwunmi Adesina, has said that Nigeria needs to evolve a more effective tariff structure in order to achieve steady electricity supply.

AfDB chief, three others for Tony Elumelu foundation forum

The leaders of three African countries and the President of African Development Bank (AfDB), Dr Akinwumi Adesina, are expected to participate in the on-going Tony Elumelu Foundation Entrepreneurship Forum in Abuja.
Mati Diop

Mati Diop becomes first black woman to win award at Cannes film festival

Mati Diop, French-Senegalese actress and director, has become the first black female director to win an award in Cannes Film Festival’s 72-year history.

Nigeria, UK agree on regulations to deepen insurance market, expand digital economy

Nigeria and the UK have agreed to fast-track key regulations to deepen the insurance market and expand the digital economy.

PDP: Why President Buhari, APC are desperate to retain power

The Peoples Democratic Party (PDP) on Sunday revealed why President Muhammadu Buhari and his party, the All Progressives Congress (APC), were desperate to retain power.
Zainab Ahmed

Finance Minister: Nigeria ready for business

Nigeria’s finance minister, Zainab Ahmed, has told global investors that Nigeria is ready for business.
Muhammadu Buhari

President Buhari: Federal government committed to economic recovery

President Muhammadu Buhari has reiterated the Federal Government’s commitment to economic recovery and growth plan across the country.
A man walks in front of a stock indicator board showing share prices of the Tokyo Stock Exchange in Tokyo on December 10, 2018. (Photo by Kazuhiro NOGI - AFP)

Asian shares go flat as China data disappoints

Asian shares crept back from four-month highs on Friday as a dismal survey on Chinese factory activity dulled optimism about the prospects for a Sino-U.S. deal on tariffs.

DMO: N150 billion federal government bond oversubscribed

The Debt Management Office (DMO) on has disclosed that the first N150 billion FGN bond auction for 2019 offered in three instruments was oversubscribed.
Vice President Yemi Osinbajo

Yemi Osinbajo: Nigeria now world food basket

Vice President Yemi Osinbajo yesterday told Nigerian-German investors that Nigeria is now a food basket of the world with huge investment potentials.
Malaysian Airlines flight 370 - Aeroplane - Getty Images

IATA: Global airlines share price fall by 10 percent

The International Air Transport Association (IATA) has reported a 10.1 per cent drop in global airlines’ share price for the month of October 2018.

Recent Stories

Bureau advises public servants to consider public interest in discharging their duty

Mr Chijioke Obi, Director, Education and Advocacy Services, Code of Conduct Bureau (CCB), has advised public office holders to consider public interest first in the discharge of their duties.
Nigerian descent Ike Opara named 2019 Major League Soccer (MLS) Defender of the Year for the second time in three years.

Nigerian star named 2019 MLS Defender of the Year

Nigerian descent Ike Opara named 2019 Major League Soccer (MLS) Defender of the Year for the second time in three years.
President Muhammadu Buhari participates in the Plenary Session of the Russia-Africa Economic Forum in Sochi, 23rd October 2019. 1

President Buhari at Russia-Africa Economic Forum — in pictures

President Muhammadu Buhari participates in the Plenary Session of the Russia-Africa Economic Forum in Sochi, 23rd October 2019.

Nigerians in South Africa decry fresh attack

The Nigerian Citizens Association in South Africa has condemned fresh attacks on Nigerian-owned businesses located in Witbank Mpumalamga in South Africa, saying it is worrisome.

Police recruitment: Maintain status quo court orders PSC, IG

The Federal High Court, Abuja, on Wednesday, ordered the Inspector General (IG) of Police, Mohammed Adamu, and the Police Service Commission (PSC) to maintain status quo on the ongoing recruitment of 10, 000 officers.