Apple Inc. is preparing to introduce new low-cost iPads and education software next week in a bid to win back students and teachers from Google and Microsoft Corporation. In its first major product event of the year, Apple will return to its roots in the education market. The event on Tuesday at Lane Technical College […]
Spanish police have rescued 39 women and girls smuggled in from Nigeria and trafficked into sex work by a notorious Nigerian gang. Europol says the victims were kept in “squalid conditions in caves” and intimidated with voodoo threats. Gang members forced the women into sex work in order to pay off a 30,000 euro ($37,000; […]
The African Export-Import Bank (Afreximbank) has opened credit lines amounting to $800 million in 55 banks across Africa to facilitate the confirmation of letters of credit to support intra-African trade. Mr Obi Emekekwue, the bank’s Director and Global Head, Communications and Events Management Department, said that under the strategy launched in 2016, about $25 billion […]
Dr Joseph Nnanna, a former Deputy Governor (Economic Policies) at Central Bank of Nigeria (CBN) has been named as the Chairman of Board of Nigeria Export Import Bank (NEXIM) by the Federal Government. This is contained in a statement signed by Tayo Omidiji, NEXIM Bank Head of Strategy and Communications on Friday in Abuja. Other […]
By Foster Obi Fifteen ships would be discharging petroleum products and other merchandise at the Apapa and Tin-Can Island Ports in Lagos on Friday, according to the Nigerian Ports Authority (NPA) NPA said that out the 15 vessels, four would be discharging petrol. It noted that the other ships would be discharging bulk wheat, general […]
Nearly 1.5 million people have left sub-Saharan Africa for Europe and the United States since 2010, while millions more are making plans to follow in their footsteps, researchers said on Thursday. Nigeria, Ghana and Kenya were the biggest sources of migrants to Europe and the United States among the dozens of nations south of the […]
Nigeria’s senate approved the appointment of two deputy central bank governors and three members of the Monetary Policy Committee (MPC) on Thursday, giving the rate-setting panel sufficient numbers to meet for the first time this year. The Senate had held up some of President Muhammadu Buhari’s nominations in a dispute that had left the MPC […]
Nigeria’s senate approved the appointment of two deputy central bank governors and three members of the Monetary Policy Committee (MPC) on Thursday, giving the rate-setting panel sufficient numbers to meet for the first time this year. The Senate had held up some of President Muhammadu Buhari’s nominations in a dispute that had left the MPC […]
Islamist insurgents arrived in the northeastern Nigerian town of Rann on March 1. Ignoring the camp for 55,000 people displaced by the region’s conflict, they stormed the nearby military base. Inside, the gunmen executed eight security personnel and three aid staff working for the United Nations, according to security sources and photos seen by Reuters. […]
The US Dollar’s retreat in the wake of the FOMC policy announcement buoyed raw materials prices, which are typically denominated in terms of the benchmark currency on global markets. Officials delivered a widely expected interest rate hike but offered guidance that was a bit more cautious than markets anticipated. Most notably, the projected number of […]