The vice president of the Dangote Group and brother to Aliko Dangote, Sani Dangote, is dead. Sani Dangote reportedly died after a protracted illness in the United States on Sunday. The Dangote Group in a short statement Sunday night confirmed the death. “INNA LILLAHI WA INNA ILAIHI RAJIUN!It is with a heavy heart but with […]
The Trump Organization has reportedly reached a deal to sell its prized Washington hotel for $375m (£279m). Under the planned sale, the Trump International will be renamed the Waldorf Astoria and managed by the Hilton group, according to reports. Last month, a US congressional probe found the hotel lost more than $70m during Donald Trump’s […]
Elon Musk is trolling again on Twitter, and this time his target is Sen. Bernie Sanders. “I keep forgetting you’re still alive,” Musk tweeted Sunday morning, in response to Sanders tweeting that the extremely wealthy should pay their fair share of taxes. CNN Business has reached out to Sanders for comment. I keep forgetting that […]
The harsh operating environment aggravated by COVID-19 disruptions and foreign exchange liquidity crisis has caused the fortunes of local manufacturing firms to plunge by 50 per cent in the first half (H1) of 2021. The manufacturers, all listed on the Nigerian Exchange Limited (NGX), were severely impacted by low capacity utilisation, on the account of […]
The boss of the world’s second biggest airline has said that tackling climate change will make flying more expensive. “Over time, it’s going to cost us all more, but it’s the right approach that we must take,” Delta Air Lines chief executive Ed Bastian told the BBC. Aviation is responsible for about 2.5% of the […]
Nearly 200 nations came together Saturday on a global deal to combat climate change after two weeks of painful negotiation, but fell short of what science says is needed to contain dangerous temperature rises. Rich countries stood accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states that are […]
The Federal Government is considering an out-of-court settlement to resolve the lingering disagreement with states over the collection of the Value Added Tax (VAT). Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed, disclosed this during an interview on Channels Television’s Politics Today. “I have to do this carefully because they are issues in […]
The National Agency For Food And Drug Administration And Control (NAFDAC) has cautioned Nigerians against excessive consumption of sodium (non-iodised salt) to avoid the growing risk of cardiovascular disease. Director General, NAFDAC, Prof. Mojisola Adeyeye made the call at the Nigeria sodium study stakeholders’ meeting held at University of Abuja. The programme was organised by […]
The top diplomats from China and the United States have exchanged stern warnings over the flashpoint issue of Taiwan, ahead of Monday’s hotly awaited summit between their leaders. The virtual meeting of presidents Joe Biden and Xi Jinping comes against a backdrop of rising tensions — in part over Taiwan, a self-ruling democracy claimed by […]
