Nigeria’s south-eastern Anambra State has announced that a bunker used by pro-Biafran secessionist leader Chukwuemeka Ojukwu during the civil war in the 1960s will be turned into a tourist site. Caves and waterfalls in the state would also be turned into major tourist sites. “These tourist centers will receive immediate attention with the construction of […]
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Pork industry dwindles after listeriosis outbreak
The pork industry has been affected by the listeriosis outbreak. The listeriosis crisis has tumbled South Africa’s pork industry into an overnight crisis. Profits of pork producers have dropped as much as 40%, which resulted in millions of rands of losses for pig farmers, since the outbreak. Johann Kotzé, CEO of the SA Pork Producer’s […]
REPORT: Aston Martin set to hire Goldman Sachs, JPMorgan, and Deutsche Bank to lead a $7 billion IPO
-Luxury automaker Aston Martin is reportedly preparing for an IPO. -The IPO could be worth as much as £5 billion, according to reports. -The manufacturer is currently owned by Italian private equity fund Investindustrial. Luxury carmaker Aston Martin is lining up three banks to manage a floatation that could value the firm at between £4bn […]
Gold prices hit 2-week low before economic data
Gold prices on Friday slumped below their weakest level in two weeks, coinciding with a steady US dollar and ahead of important economic data. By 10:45 am GMT, Comex gold futures slipped by 0.11% to $1,327 per ounce, dipping below their two-week low. The decline came amid growing trade tensions between US and China and […]
Nigerian oil exports to stay largely flat in May – programmes
Nigeria’s oil exports are expected to hold at close to 1.8 million barrels per day (bpd) in May, loading plans showed on Friday. The loading plan included at least 1.799 million bpd on 61 cargoes, but traders said two to three additional 950,000 barrel cargoes of Usan would be added at some point. Usan operator […]
Personal data: EU official wants action against internet companies
EU official has called for action against internet companies that harvest personal data, as Brussels prepares to move against those spreading “fake news” following the Cambridge Analytica revelations. Sir Julian King, the European commissioner for security, wants “a clear game plan” on how social media companies are allowed to operate during political campaigns to be […]
World’s Richest Lose $436 Billion As 2018’s Stock Rout Deepens
—-The combined net worth of the 500 wealthiest people on the planet fell $181 billion this week. It’s been an expensive two months for the 500 wealthiest people on the planet. Their combined net worth fell $181 billion this week as the S&P 500 Index and Dow Jones Industrial Average suffered their steepest weekly drop […]
‘Black Panther’ Is About To Pass Two Huge Box Office Milestones
Black Panther will pass two major milestones this weekend. First, possibly as soon as tomorrow, it will top the $623 million domestic total of The Avengers by Sunday night. That will mean, unadjusted for inflation, that Ryan Coogler and John Robert Cole’s MCU superhero flick will be the highest-grossing comic book superhero movie ever in […]
Nigerian senate clears way for central bank’s MPC to meet
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 […]