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Shoppers leave the Shoprite store in Daveyton, South Africa May 23, 2018. REUTERS-Siphiwe Sibeko

NIPC: Shoprite move an opportunity for Nigerian investors

The announcement by Shoprite Holdings Limited, the South African supermarket chain operator, of a formal process to consider the potential sale of all or a majority stake in its Retail Supermarkets Nigeria Limited may be an opporunity for Nigerian investors, the Nigerian Investment Promotion Commission (NIPC) has said.
Pan-African investment company, Heirs Holdings has announced the appointment of Dan Okeke as Group Executive Director.

Heirs Holdings names new group executive director

Pan-African investment company, Heirs Holdings, has announced the appointment of Dan Okeke as Group Executive Director.
Chinese Foreign Ministry spokesperson Zhao Lijian speaks at the daily media briefing in Beijing on April 8. GREG BAKER-AFP VIA GETTY IMAGES

China orders four US media outlets to disclose finances, staff

China on Wednesday ordered four US news outlets to disclose details of their staff and financial operations in the country within seven days, as a media row escalates between Washington and Beijing.
Lagos State Commissioner for Waterfront Infrastructure Development, Ahmed Kabiru Abdullahi

Lagos to create more Islands to curb land scarcity

To further increase land availability for housing and infrastructure development, the Lagos State Government has expressed the desire to continue to create more man-made islands at its waterfront across the State.
All Progressives Congress (APC) national stalwart Asiwaju Bola Ahmed Tinubu, has described as premature, talks about 2023 elections and the successor to President Muhammadu Buhari. To him, those making such calls do not love Nigeria.

Asiwaju Tinubu: How central bank can boost production, investment

To lift the Nigerian economy into prosperity, the Central Bank of Nigeria (CBN) must seize the advantage of the coronavirus pandemic-induced crisis to lower the interest rates with a view to boosting domestic production and investment.
The Kenyan central bank’s Monetary Policy Committee will hold its next meeting on April 29, it said on Tuesday, changing it from the initial scheduled date of April 27.

Kenya’s central bank cuts benchmark lending rate again

Kenya’s central bank cut its benchmark lending rate again on Wednesday, to 7.0% from 7.25%, saying measures to tackle the impact of the coronavirus were having an effect but it needed to do more due to the adverse economic outlook.

Lagos coy donates relief materials to 1000 families

Leading Real Estate and Property Development Company, Lekki Gardens Estate Limited, has announced donation of essential food supplies to over 1000 families in its host communities in parts of Lagos State, as its contribution to mitigate the impact of the COVID – 19 pandemic on homes.

Didier Drogba joins effort to distribute aid to poor in Ivory Coast

Former Ivorian striker Didier Drogba and one of the country’s biggest music groups Magic System distributed aid on Friday to 200 families in a poor area of Abidjan as part of the effort to fight the coronavirus crisis.
Health minister Lia Tadesse said on Tuesday that the government last week reached an agreement with the Ethiopian Insurance Corporation but did not disclose the value of the cover.

Ethiopia to buy life insurance for health workers

Health minister Lia Tadesse said on Tuesday that the government last week reached an agreement with the Ethiopian Insurance Corporation but did not disclose the value of the cover.
The number of coronavirus cases in Qatar crossed 2,500 and Kuwait’s tally moved closer to 1,000 on Friday.

Firm to donate 100-bed isolation to Lagos, empower 300 families

As Nigeria grapples to manage the Covid-19 Pandemic, a Nigerian real estate and property development company, Octo5 Holdings has pledged to empower 300 families in its host community in Lafiaji.

Nigeria: 25 firms get tax waivers in 2019

No fewer than 25 firms were granted tax waivers by the federal government under the pioneer certification incentive in 2019.

Prominent Nigerians linked to 800 properties worth N164 billion in Dubai

The chairman of the forum of governors elected on the platform of Nigeria’s ruling All Progressives Congress (APC), Atiku Bagudu, and a senator representing Enugu west senatorial district, Ike Ekweremadu, are among serving political office holders named to be part of 334 prominent Nigerians who are linked to 800 properties scattered around the city of Dubai, United Arab Emirates.
Former President Olusegun Obasanjo has listed what Nigeria should do to have access to $12 trillion “dormant funds”.

[email protected]: PDP hails ex-president’s patriotism, achievements

The Peoples Democratic Party (PDP), on Wednesday, lauded former President, Chief Olusegun Obasanjo, for his undiluted patriotism towards the stability, development and cohesiveness of the nation, as he clocks 83.
Aliko Dangote, president of the Dangote Group and chief sponsor of the Dangote Foundation, says he wants to be like Bill Gates and try to give a chunk of his wealth to charity in the next few years.

Aliko Dangote remains Africa’s wealthiest person, Mike Adenuga, Abdulsamad Rabiu among top 20

For the ninth year in a row, Aliko Dangote of Nigeria has been declared as the wealthiest person in Africa, with an estimated net worth of $10.1 billion.
Tunde Akinsanmi

Tdot: FCT needs structure upgrade to promote entertainment, artistes

An Abuja based Musician, Tunde Akinsanmi (Tdot), has called for upgrade of entertainment infrastructure in the FCT to boost entertainment in the city and also support growth of local artistes.
The U.S. Supreme Court on Monday refused to hear a case that would allow cities to make it a crime to sleep on the streets.

US Supreme Court lets stand ruling protecting homeless

The U.S. Supreme Court on Monday refused to hear a case that would allow cities to make it a crime to sleep on the streets.

China pledges to invest in Nigeria’s infrasrtucture, deepen bilateral relations

Mrs Guo Cui Duo, Vice President of Hebei Federation of Industry and Commerce, China, has promised to partner Nigeria through investment in infrastructure to deepen relations between both countries.
A framed portrait of Adolf Hitler is pictured on November 20, 2019, at the Hermann Historica auction house in Grasbrunn near Munich, southern Germany, prior to an auction of personal belongings from German dictator Adolf Hitler and other notorious World War II Nazi leaders. (Matthias Balk/dpa/AFP)

Lebanese businessman donates Hitler items to Israeli fundraisers

Lebanese businessman has donated items of Nazi memorabilia he bought at a controversial auction in Germany last week to Israeli fundraisers.

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At least a dozen people have been killed over the weekend due to storms with heavy rains and landslides in South Korea.

At least 30 dead in South Korea as rain triggers landslides, floods

Landslides and flooding triggered by days of heavy rain in South Korea have left at least 30 people dead and 12 missings, officials said Sunday, warning of more downpours.

World Bank warned over $114 million grant to Nigeria

The Socio-Economic Rights and Accountability Project, (SERAP) has sent a letter to the World Bank President, David Malpass, urging him to demand that the Nigerian government account for the spending of $114.28million grant for COVID-19.
As total coronavirus infections in Nigeria hit 24,077, the Nigeria Centre for Disease Control, NCDC has warned against abandoning face masks in favour of face shields.

FCT records 75 new coronavirus cases

A total of seventy-five, 75, new cases of COVID-19 infection were recorded in the FCT, Abuja in the last 24hours.
David Alaba is refusing to be distracted by questions over his future and said Bayern Munich are travelling to Lisbon for their Champions League quarter-final against Barcelona with nothing to fear.

David Alaba: Bayern Munich ‘won’t hide’ against Barcelona

David Alaba is refusing to be distracted by questions over his future and said Bayern Munich are travelling to Lisbon for their Champions League quarter-final against Barcelona with nothing to fear.
Juventus have confirmed the appointment of Andrea Pirlo as their new head coach.

Alessandro Del Piero: Andrea Pirlo can become a greater coach than Zinedine Zidane

New Juventus head coach Andrea Pirlo can match the achievements of Zinedine Zidane at Real Madrid, according to Bianconeri legend Alessandro Del Piero.