Nigerian billionaire investor, Femi Otedola, documenting his relationship with the erudite Chief Subomi Balogun. Chief Subomi Balogun was a Father figure to me based on his longstanding …
The chairman of the Dangote Group, Alhaji Aliko Dangote, says its Refinery will supply first tranche of petroleum products to the market before the end of July. Dangote spoke on Monday a…
Nigerian businessman, Femi Otedola has reportedly sold off his entire shares in Transcorp Plc to economist Tony Elumelu, the company’s chairman and largest shareholder. The move puts an …
The Swedish retail sales and lending to households hit new lows as consumers in the largest Nordic economy continue to pull back spending. Retail sales fell 11.6% in March from a year e…
The National Economic Council (NEC) has suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. Mrs. Zainab Ahmed, the M…
The International Monetary Funds (IMF) has suggested fiscal, monetary and structural reforms to reduce food inflation in Nigeria and other Sub-Saharan African countries. IMF made this su…
A court in Shanghai has sentenced a Chinese-born Canadian tycoon, Xiao Jianhua, to 13 years in prison for a multibillion-dollar string of financial offences. The company of the tycoon wh…
