Dangote Group Is Now Most Valuable Brand in Nigeria
Dangote Group has emerged the most valuable brand among the top 50 brands in Nigeria for 2018, The Nation reports. This is coming barely three months after…
Business
Panic as Bitcoin Price Falls Below £5,000
The cryptocurrency market is in “panic mode” as the values of bitcoin and other digital coins plummet following a series of mass sell-offs. Bitcoin’s value…
Nigerian Banks have Suspended Cash Withdrawal From ATMs Abroad
Nigerian banks have suspended all cash withdrawals from overseas Automated Teller Machines (ATMs), except for customers whose cards are linked to domiciliary accounts funded locally, The…
REPORT Suggests Nigeria to Abandon the Dollar to Adopt the New ‘African Currency’ Yuan
Abuja (AsiaNews/Agencies) – Nigeria signed an agreement with ICBC, the most important Chinese bank in March, with the aim of adopting the yuan as a…
Britain’s Richest Man Jim Ratcliffe Still Wants to Buy Chelsea for £2 Billion
Britain’s richest man, Jim Ratcliffe, has approached Roman Abramovich to discuss buying Chelsea Football Club after the Russian billionaire’s future in Britain was thrown into doubt.…
Ghana Stock Exchange Falls to Lowest in Five Months
Equity indices on the local bourse softened to its lowest in five months as recent downward pressure from the financial, energy and consumable sector stocks…
South African Company Begins Sale of “Insect Milk”
A South African company has begun selling what it calls “Entomilk”, a special milk made from farmed insects. “Think of Entomilk as a sustainable, nature-friendly,…
Coca-cola To invest in alcoholic drinks production
Coca-Cola is planning to produce an alcoholic drink for the first time in the company’s 125-year history – with an alcopop-style product in Japan. It…
Bitcoin Continues steady Rise as Cryptocurrency Heads Towads $12,000 Mark
The price of cryptocurrency bitcoin surged to 11,800 dollars on Sunday, December 4, 2017 afternoon – its highest level yet. Bitcoin, a peer-to-peer digital currency…
Afdb President Says Africa Loses $25 Billion Annually to Malnutrition
Despite surplus food in the world, Africa loses $25bn every year to malnutrition, the President of the African Development Bank and former Minister of Agriculture,…
Nigerian Billionaire Dangote Opens New Cement Plant in Congo
Dangote Cement will officially open its 1.5 million metric tonnes per annum capacity cement plant in Congo on Thursday, November 23, 2017. Constructed at a…
Oil Prices Rises To Nearly $70 Per Barrel
Oil markets were firm on Monday, October 30, 2017 with Brent crude opening above 60 dollars per barrel on expectations that OPEC-led production cut, due…