The African Development Bank Group (AfDB) has called for stronger emphasis on infrastructure by African leaders saying that the big challenge is that Africa invests only four percent of its collective GDP in infrastructure, compared with China’s 14 percent.

Residents of Abuja, the Federal Capital Territory are now saving themselves the cost of visiting Supermarkets as a new improved online store, www.yuzos.com began operation on Wednesday to deliver products such as groceries, drinks, household, personal and baby care products as well as over the counter pharmaceuticals through an innovative supplier management and logistics architecture right to people’s homes and offices.

Heritage Bank Limited Wednesday completed the payment of N56 billion to acquire Enterprise Bank.
Enterprise Bank is one of the three nationalised banks bought by Asset Management Corporation of Nigeria (AMCON) in 2011, following the failure to meet the recapitalisation deadline of the Central Bank of Nigeria. The other banks are Mainstreet Bank and Keystone Bank.

Propelled by surging shale output, the United States is fighting for supremacy in the global oil market even as a pullback in crude prices threatens to challenge the boom.

Shareholders of Conoil Plc have raised concern over the shortcomings in the company’s corporate governance practices, especially the continuous absence of the chairman, Mr. Mike Adenuga, from the Annual General Meetings, AGMs.