Month: January 2019
Facebook Inc (FB.O) will invest 300 million dollars over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide. “The investment in ...
U.S. President Donald Trump threatened Turkey with economic devastation if it attacks a U.S.-allied Kurdish militia in Syria. “Will attack again from existing nearby base if it reforms. Will devastate Turkey economically if they ...
Brazil government wants to save $270bn with pension reform- media Sao Paulo, Jan. 14, 2019 (Reuters/NAN) Far-right Brazilian President Jair Bolsonaro’s new government wants to save one trillion reais (269.48 billion dollars) over 10 years ...
The Australian dollar and New Zealand dollar, gauges of global risk appetite, fell on Monday on fears of a slowdown in China’s economy prompted by a contraction in Chinese exports. Market sentiment swung negative ...
Thirty-three ships carrying various products are at the Apapa and Tin-Can Island ports waiting to berth. The Nigerian Ports Authority (NPA) disclosed this on Friday in Lagos in its daily publication. It added that 21 ...
The pound treaded water on Friday with the currency pressured by uncertainty over Brexit and the prospect that British Prime Minister Theresa May could soon face a general election. Two of the biggest donors to ...
The Nigeria Customs Service (NCS) Federal Operations Unit (FOU) Zone ‘B’ says it has seized 35 different contrabands and impounded 19 vehicles on the Kano and Jigawa axis. The Controller of FOU zone B, Mr ...
The Chairman, Ports Consultative Council (PCC), Chief Kunle Folarin, has urged indigenous shipowners to look inwards and be innovative for sustainable solutions to the challenges facing them. Folarin gave the advice in an interview with ...
The Kenya Finance Ministry says it foresees the country’s budget deficit fall to 5.0 per cent of gross domestic product (GDP) in the 2019/20 (July-June) fiscal year. The ministry made the forecast known in a ...
Oil prices fell by more than 1 per cent on Thursday on swelling U.S. supply and amid caution after talks between the United States and China finished without any concrete details on a resolution to ...
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