US economy, US Government Shutdown

United States loses $11 billion to shutdown

The five-week partial shutdown of the United States government has cost the North-American country $11 billion, a report by the country's Congressional Budget Office disclosed on Monday.
Boeing CEO addresses new issues on Boeing 737 MaxFAA pilots discovers flaw on Boeing 737 Max plane, Pilots Sue Boeing, 400 Pilot X sue Boeing for 737 Max crash, MCAS, American Airlines, Air Peace, Boeing's MCAS system, Boeing suspends forecast, Boeing miss earnings projection, Boeing first quarter revenue earnings, Ethiopian Airlines B737-Max8 aircraft crash, Air Peace, Allen Onyema, Federal Government, FAA investigation into Boeing, More worries for Boeing as US lawmakers question workers over fatal crashes 

Boeing’s CEO contradicts preliminary report on Ethiopian Airlines crash, survives shareholders’ vote

The CEO of @Boeing, Dennis Muilenburg (@BoeingCEO), has partially blamed the pilots flying @flyethiopian 737 Max that crashed in March 2019.
Masai Ujiri

Nigerian basketball executive Masai Ujiri brings victory to Toronto Raptors

From being an unpaid NBA scout to leading the Toronto Raptors to their historic NBA championship win in 17 years, Masai Ujiri (who is of Nigerian descent), has helped make history in far away North America. 
Apple

Apple sets to launch Netflix’s rival, Apple TV

Leading tech company, Apple is set to launch its television subscription service, Apple TV in November.
Apple Macbook Pro

U.S. Airline regulators ban Apple laptops on flights

Air passengers can no longer board flights with selected MacBook Pro Laptops in the United States due to a recent ban by the U.S. Federal Aviation Administration (FAA).
Canada

Canada resumes bi-weekly draws, invites 6,700 PR candidates in one month

The Canada government has resumed the bi-weekly Canadian Permanent Residency draws, as it invited 6,700 candidates to apply for Canadian permanent residence in just one month. 
IMF raises Nigeria’s growth forecast, Globat trade tension, US-China trade war, International Monetary Fund IMF, IMF advises Nigeria to keep inflation down, International Monetary Fund, Godwin Emefiele, Nigeria's External Reserves and Sovereign Wealth Fund: Why IMF can't be ignored

Nigeria’s growth forecast has been raised by the IMF

Nigeria's economic growth for 2019 was on Tuesday revised by the International Monetary Fund (@IMFNews). The global monetary cooperation raised Nigeria's growth forecast by 0.3 percent.
Canada

Canada admitted over 92,000 immigrants through Express Entry in 2018

Canada's immigration system keeps improving as the country admitted more than 92,000 new permanent residents through its Express Entry system in 2018.
Boeing CEO addresses new issues on Boeing 737 MaxFAA pilots discovers flaw on Boeing 737 Max plane, Pilots Sue Boeing, 400 Pilot X sue Boeing for 737 Max crash, MCAS, American Airlines, Air Peace, Boeing's MCAS system, Boeing suspends forecast, Boeing miss earnings projection, Boeing first quarter revenue earnings, Ethiopian Airlines B737-Max8 aircraft crash, Air Peace, Allen Onyema, Federal Government, FAA investigation into Boeing, More worries for Boeing as US lawmakers question workers over fatal crashes 

400 pilots are suing Boeing, but won’t reveal their identities

@Boeing Boeing seems to be recording more lawsuits this year than it has recorded orders for its 737 Max planes. The latest development has seen the company sued by 400 pilots for the Lion Air and Ethiopian Airlines crashes that claimed 346 lives.
Safaricom replaces Bob Collymore with Michael Joseph, Safaricom appoint

Demise of Safaricom’s CEO ushers in a blast from the past

The death of Safaricom's Bob Collymore made the position of Chief Executive Officer vacant on Monday, but the telecommunications company has seen a replacement in 73-year-old former CEO who changed the fortune of @SafaricomPLC between 2000 and 2010.
Obinwanne Okeke

FBI arrests Invictus Group’s Obinwanne Okeke, Forbes Africa 30 Under 30 list nominee

The Chief Executive Officer of Invictus Group, Obinwanne Okeke, who in 2016 made it into Forbes Africa’s 30 Under 30 List, has been arrested by the Federal Bureau of Investigation (FBI) for conspiracy to commit computer fraud. 
Apple

$1 million up for grabs for anyone who can hack an iPhone

Apple has a reward of $1 million for anyone who can successfully hack an iPhone or a Mac device.
Top women

The global beauty industry is making billionaires out of female entrepreneurs

Makeup and skincare products continue to rank among the most contemporary essentials used by women all over the world, as they continue to explore options that would help to enhance their skins and images. 
Ethiopian Airlines crash, Lion Air Crash, Boeing 737-Max 8 crash preliminary report, Boeing 737-Max models not suitable for some airports

Boeing earlier disclosed that its Max models are not suitable for some airports

The @Boeing 737 max models were earlier classified as unsuitable for some kinds of airports. Find out what kinds of airports and why it matters now.
Internet World Stats, Nigerian Communications Commission remittance, Network operators in Nigeria, Telecoms companies in Nigeria, MTN Nigeria, Airtel Africa, Globacom data, 9mobile court case, Top 10 states in Nigeria with the highest Internet subscribers 

Nigeria ranks 7th country with highest number of internet users in the world

Nigeria's evolving internet market has just hit another milestone, as the latest statistics released by the Internet World Stats revealed that the country now ranks 7th in terms of countries with the highest number of internet users in the world.
YouTube Boycott

Companies are pulling their ads from YouTube in a boycott

Companies are boycotting YouTube again after evidence shows that the video streaming site is facilitating the activities of a paedophiles.
Volkwa

Why Volkswagen will have to recall about 227,000 cars

Automotive manufacturing company, the Volkswagen Group will have to recall about 227,000 VW and Porsche cars. 
Bharti Airtel, Telkom Kenya, Safaricom, Telecoms, Consolidation, Regulatory approval

Airtel, Telkom consolidate to battle Kenya’s largest telecoms company

To compete better against the dominance of telecommunications company, Safaricom, in Kenya, the local unit of Bharti Airtel Limited has entered into a consolidation agreement with Telkom Kenya Ltd, which is owned by Helios Investment Partners LLP.
Nigerian pharmacist triumphs over 4,500 contestants to win BNP Paribas’ recognition 

Nigerian pharmacist beats 4,500 contestants across the world to win BNP Paribas’ award 

Adebayo Alonge, a Nigerian pharmacist, CEO and founder of RxAll has emerged the winner of 2019 Hello Tomorrow Global Challenge, organised by BNP Paribas.
Canada Express Entry

Canada invited 3,350 Express Entry Candidates to apply for PR in its April draw

Canada invited 3,350 Express Entry candidates to apply for Canadian permanent residency (PR) in a new draw held on April 17. This is contained in the country's recently released monthly newsletter.
Coca-Cola's market demand in Nigeria shoots revenue to € 1.41 in Q1 2019

Coca-Cola’s market demand in Nigeria shoots revenue to € 1.41 in Q1 2019

Growth in Nigeria has increased Coca-Cola HBC AG's net sales revenue to € 1.41 billion in Q1 2019, up from €1.35 billion in Q1 2018.
Facebook unveils Libra, a new global digital currency

Facebook unveils Libra, a new global digital currency

The world's most dominant social networking company, Facebook, has announced that come 2020, it will be unveiling its own cryptocurrency known as Libra.
Tony Elumelu UBA H1 Year 2019 Tony Elumelu, United Bank for Africa

Tony Elumelu discloses the impact of Japanese funds on Africa 

The Chairman of United Bank for Africa (UBA) and Heirs Holdings, Tony Elumelu has revealed the impact of Japanese funds on Nigeria and African countries
Tanzanian-based Zola Electric expands into Nigeria

Tanzanian-based Zola Electric expands into Nigeria

Tanzanian-based renewable energy company, Zola Electric has announced the company is planning on entering the Nigerian market, after its successful growth and expansion in Tanzania, Rwanda, Côte d’Ivoire, and Ghana.
UN back AfDB's $10 billion desert to power initiative, African Development Bank, United Nations, António Guterres and Akinwumi Adesina

UN supports AfDB’s $10bn ‘Desert to Power’ initiative for Africa

The initiative by the African Development Bank (@AfDB_Group) to power millions of households in Africa has been backed by the United Nations (@UN). This is in a bid to ensure the success of the electricity project.
Porsche Africa, Manfred Bräunl, CEO, Ferdinard Porsche

Porsche Africa gets new CEO

German automobile manufacturer, Porsche has made changes to the company's leadership in the Middle East and Africa, providing professionals who support the carmaker's operations across 20 countries. The change will take effect before the end of the first quarter of this year.
Australian dollar, Spelling error on Australian dollar, Reserve Bank of Australia

Spelling error adds 2.3bn worth of Australian dollars to history book

Australia has joined the league of countries with currency blunders after it was discovered that millions of currency notes printed by the country's central bank, Reserve Bank of Australia (@RBAInfo), carried a typographical error.
Canada Express Entry

Canada invites 3,350 Express Entry Candidates to apply for PR in May draw

The Canada Government has once again invited 3,350 Express Entry candidates to apply for Canadian Permanent Residency (PR) in the latest draw held on Wednesday, May 29. This is contained in Canada's Immigration Newsletter recently released for May 2019.
MacKenzie Bezos is set to get her bumper divorce settlement

MacKenzie Bezos is set to get her bumper divorce settlement

Mackenzie Bezos is on her to becoming the third richest woman in the world as the the transfer of Amazon stock to her is expected to happen this week.
Organisation of Petroleum Exporting Countries OPEC's cuts

America’s Trump is once again ‘messing’ with crude prices

Donald Trump called on OPEC to lower oil prices because the world cannot handle a hike.
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ORide

Police shuts Opay office in Kano

Emerging reports have it that the Nigerian Police Force (NPF) has shut down the office of online payment portal, OPay.
CBN, Key lending rate

CBN offers clarification on cashless policy, but Nigerians aren’t having it 

Nigerians are not here for CBN's (@cenbank) tweet this morning trying to clarify the rather controversial cashless policy.
Eurobond

Eurobonds in Nigeria: What they are and how to invest in them

Eurobonds in Nigeria: What they are and how to invest in them