Business

Nigeria’ll not be Africa’s warehouse, but Africa’s workshop — Tinubu

By Yinka Kolawole  President Bola Tinubu has declared that Nigeria will no longer be content with exporting raw materials and importing finished products, saying the country is determined to become Africa’s industrial workshop. Tinubu, who was represented by the Minister of State for Industry, Sen.John Enoh, spoke at the 6th Adeola Odutola lecture and Presidential […]
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Global solar investment up by 18% to $160.8bn in 2017- Report

World clean energy investment totalled $333.5bn last year, up three per cent from 2016 and the second highest annual figure ever, taking cumulative investment since 2010 to $2.5tn, a new Bloomberg Energy Finance report has stated.

CBN injects $210m as naira depreciates to N360.67/$ in I&E

The naira, Monday, depreciated  by 57 kobo to close at N360.67 per dollar in the Investors’ and Exporters’ (I&E) window, even as the Central Bank of Nigeria (CBN) injected $210 million into the foreign exchange market.

Kanu, AMCON tango over ex-Eagles captain’s hotel

ASSET Man-agement Corp-oration of Nigeria, AMCON, has called on Nigerians to disregard any claim on Hardley Apartments Hotel by former Super Eagles captain, Nwankwo Kanu, as the case has not been decided by the law court.

IMF January 2018 forecasts for global growth

The IMF, in its update Monday of its World Economic Outlook, revised its global growth forecast up to 3.9 percent for this year and next, amid the solidifying recovery and stimulus from the US tax reform. Here are the International Monetary Fund’s new forecasts for GDP growth, with revisions from October’s forecasts in parentheses. 2018 […]

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