• airtel-logo

    Airtel Pays Econet $127m For 4.2% Stake In Nigerian Unit

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    Bharti Airtel International (Netherlands), a wholly owned subsidiary of Bharti Airtel, has completed the acquisition of Econet Wireless Limited’s entire 4.2 per cent shareholding in Airtel Nigeria following payment of $127 million to Econet according to a statement on its website. It could be recalled that Strive Masiyiwa, chairman of Econet Wireless Ltd had dragged…

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  • AIRPORT

    50 Dead, Scores Injured As Bomb Explosion Rocks Turkey Airport

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    Three suicide bombers have killed no fewer than 50 people and wounded more than 100 in a co-ordinated attack at Istanbul’s Ataturk Airport, reports have said. The suicide bombers reportedly opened fire with AK-47s and sparked off a shoot-out with security personnel before blowing themselves up. According to eyewitnesses, a hero policeman wrestled a suicide…

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  • cbn_14

    CBN To Raise N150.6bn In TBills

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    The Central Bank of Nigeria  (CBN) yesterday said it plans to raise N150.6 billion from the sales of Treasury bills with maturities ranging from three months to one year on May 8, 2016. The apex bank said it will raise N45.17 billion in 3-month bills, N23.43 billion in the 6-month paper and N82 billion in…

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  • Silhouette of oil platform in sea against moody sky at sunset

    Oil Quota: US Plots Scuttling OPEC, Non-member Deal

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    The United States is seeking to block a deal between OPEC and non-member nations to stabilise oil markets, Venezuelan President Nicolas Maduro said on Tuesday. Maduro has accused Washington of applying “war-like” pressure to prevent an agreement. “You can’t imagine all the pressure that is coming from Washington to ensure the failure of the efforts…

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  • Buhari-China-business-3

    China Commits $15m To Nigeria’s Agric Sector

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    Chinese President Xi Jinping, yesterday in Beijing, offered $15 million agricultural assistance to Nigeria for the establishment of 50 demonstration farms across the country. President Jinping announced the offer at a meeting between Nigerian delegation and high-ranking Chinese government officials in Beijing. This was followed by the signing of an agreement to herald one of…

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    I’m Committed To Jonathan’s China Deal – PMB

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    President Muhammadu Buhari says Nigeria cannot afford to lose the enormous potential in China-Nigeria economic and trade cooperation. On trade and economic ties, Buhari said his government remained committed to contracts signed by Goodluck Jonathan, his predecessor, with Chinese firms on railway, roads and hydroelectric dam projects. He referred to the bilateral relationship as a…

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  • U.S. Secretary of State, John Kerry

    US Pledges $600m Worth Of Assistance To Nigeria

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    The United States, U.S Secretary of States, Mr. John Kerry has reiterated the commitment of his country to Nigeria’s growth, stressing that the U.S will invest nothing less than $600 million in Nigeria this year. Speaking in Washington at the opening session of the US-Nigeria bi-national commission meeting, Kerry noted that Washington had been encouraged…

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