By Amechi Obiakpu A list of long entries for the 2016 edition of the Pan-African Etisalat Prize for Literature is expected to be announced in November, after submission of entries closed over the weekend. Organisers said the entries will be announced at the forthcoming Ake Festival. Etisalat Prize for Literature, a leading platform for […]
Research analysts at Vetiva Capital Limited, an investment banking firm, on Tuesday said there could be a minor growth rebound to 1.97 per cent in Nigeria’s economy by 2017, “driven by low base effect and a more stable foreign exchange market.” Nigeria slipped into recession for the first time in 25 years with 2016 second […]
By Amechi Obiakpu Determined to foster a closer cooperation and strengthening of competitive positions in China, Lufthansa Group and Air China signed a wide-reaching partnership agreement in Beijing on Tuesday. The partnership agreement will enable the two aviation groups to jointly operate all connections between Europe and China as part of a commercial joint venture. […]
Nigeria may lose up to 1.3 trillion dollars in revenues if it signs the Economic Partnership Agreement (EPA), the Manufacturers’ Association of Nigeria (MAN) has said. The association’s view is contained in a statement, issued by its President, Mr Frank Jacobs, in Lagos on Monday. The News Agency of Nigeria (NAN) reports that EPA is […]
The Naira on Monday appreciated against the dollar at the interbank market, the News Agency of Nigeria (NAN) reports. The currency gained 1.4 points to exchange at N307.25 to the dollar, from N308.69 it exchanged on Friday, representing an appreciation of 0.5 per cent. It, however, stabilized at the parallel market, exchanging at N425 to […]
The world’s ‘highest and longest’ glass bottomed bridge has opened to the public in central China. The 430 metre long, six metre wide structure connects two mountains in Zhangjiajie, Hunan Province. It cost 22.5 million yuan (£2.5million) to build, according to state-run Xinhua news agency. Designed by Israeli architect Haim Dotan, visitors are able to […]
Mercedes-Benz in the first half of 2016 overtook other luxury car segments in the number of vehicles sold according to a Bloomberg report. Mercedes’ sales for the first six months of 2016 increased by 12%, amounting to just over 1 million vehicles. Much of the Mercedes’ sales success is attributed to the newer lineup of […]
Dentsu Aegis Network Sub Saharan Africa (SSA), one of the leading global advertising networks, has strengthened its footprint in West Africa with the signing of Noah’s Ark Communications Limited, one of Nigeria’s leading creative agencies, as its affiliate creative agency in the market. Dentsu Aegis Network Sub Saharan Africa (SSA) is part of the global […]
One of Nigeria’s airlines, First Nation Airline has postponed resumption of its flight operations, earlier scheduled for Thursday. The airline had on August 17 suspended operations to enable the aircraft in its fleet undergo engine maintenance. According to reports, the airline may resume operations on September 17 immediately after maintenance is carried out on the […]
By Mayowa Okekale, Abuja President Muhammadu Buhari and Vice President Yemi Osinbajo will today, Thursday, September 15, 2016, join ministers and heads of relevant Federal Government Departments and Agencies, to present and discuss priority areas of the 2017 Budget. Venue of the retreat being organised by the Ministry of Budget and National Planning is the […]