IMF raises Nigeria’s growth forecast, Globat trade tension, US-China trade war, International Monetary Fund IMF, IMF, Christine Lagarde resigns

IMF hunts for a new Chief, as Christine Lagarde steps down

The International Monetary Fund (IMF) is hunting for a new chief following the resignation of its Managing Director (MD), Christine Lagarde.
Game of Thrones, Game of Thrones Season eight episode one, Cost of GOT production

Winter is here! See the cost of producing Game of Thrones’ finale episodes

Following the return of Game of Thrones (@GameOfThrones) to the small screen, the figures budgeted to shoot each episode have been disclosed.
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. 
Unilever, Graze

Unilever acquires British snack company, Graze

Unilever has acquired snacks company, Graze, from Carlyle’s European technology fund, seeing off interest from competing bidders including Kellogg and Pepsico, the owner of Walker’s Crisps, to clinch the deal.
Internet World Stats, Nigerian Communications Commission remittance, Network operators in Nigeria, Telecoms companies in Nigeria, MTN Nigeria, Airtel Africa, Globacom data, 9mobile court case

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.
Pepsi acquires Pioneer Foods Group, Pepsi acquires Nigerian bread company Butterfield, Pioneer Foods Group shares on JSE, Nairametrics news, Business news, Naija news

Pepsi acquires Pioneer Foods Group Ltd, makers of Butterfield Bread

@pepsi has acquired Pioneer Foods Group Limited, the company that owns Nigerian bread brand, @ButterfieldBake. The deal is the first major international purchase under @pepsi's new Chief Executive Officer, Ramon Laguarta.
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.
U.S-China Trade War

US-China Trade War: Implications for Nigeria as its Asian romance lingers

Recently, the world has witnessed major events ranging from populism, the Brexit process, and of course the escalating US-China Trade War.

Shoprite optimistic amid worst first-half performance

Shoprite Holdings see some positives outcome despite recording its worst first-half performance in more than a decade.
Eden Hazard

Real Madrid set to make a fortune from Harzard’s signing

Eden Hazard finally signed with Real Madrid after spending close to 7 years at Chelsea where he won two Premiership titles, two Europa cups, one FA Cup title and a host of awards
Google made a whooping $4.7b from news content in 2018

Google made a whooping $4.7 billion from news content in 2018

Google reportedly earned as much as  $4.7 billion in 2018 from news contents comprising of the works of news publishers accessed by readers via search and Google News.
Saudi Aramco

With $111.1bn profit, Saudi Aramco is World’s most profitable firm in 2018

According to credit ratings agencies, Saudi Aramco has outstripped Apple Inc., Alphabet, among others, to become the world's most profitable firm 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

America’s grounded Boeing 737 Max may return to the sky by December

Boeing Co, the American manufacturer of the ill-fated Boeing 737 Max plane that recently killed 149 passengers and 8 crew members in Ethiopia, has announced that its controversial plane model may resume flights before the end of 2019.
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.
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.
Gerald Cotten, Quadriga CX

BOOM: Cryptocurrency holders may lose their $145 million

The death of Gerald Cotten, the Chief Executive Officer of Digital-asset exchange Quadriga CX has left one question unanswered, how do the company's customers recover their combined C$190 million ($145 million)?
Slack to go public

Tech company, Slack is set to go public

American tech company, Searchable Log of All Conversation and Knowledge, popularly known as Slack, has confidentially filed to go public. This is according to a...
World Bank, Okonjo-Iweala

Okonjo-Iweala not considered, as nominations for World Bank’s President closes

Nigeria's Ngozi Okonjo-Iweala doesn't stand a chance of being The World Bank's President, at least for now.
Indian seafarer

The implications of India’s recent ban of its seafarers off Nigeria’s waters

India’s Director-General of Shipping, Capt Anish Joseph, has banned seafarers of Indian origin from working in various coastal states jurisdiction in the Gulf of Guinea.
Coca Cola HBC, Coca Cola HBC financial result, Coca Cola HBC first half result, Coca Cola franchiseNigerian Bottling Company Coca Cola NBC, Nairametrics, Eco-friendly bottles, climate change

Nigerian consumers dispel Coca Cola’s fears as growth hits $3.76 billion

Coca Cola HBC has released its earnings for the first half of 2019, reporting a growth of 3.8%. The growth in the company's net sales was driven by consumer demand within Nigeria, which is one of its revenue driver in Africa.

Richard Branson teaches best ways to become a good business leader

According to Richard Branson, the most important thing to do when running a company is to always bear in mind that a company is made up of a  group of people.
Stanbic IBTC addresses China's role in bank's ecosystem

Stanbic IBTC addresses China’s role in bank’s ecosystem

Nigerian lender, Stanbic IBTC have joined fellow Chinese nationals in Nigeria to celebrate the Asian country's new year, while underlying the important role the Chinese community in Nigeria have played in the bank's business ecosystem.
Isabel dos Santos

Africa’s richest woman almost got fired again

The richest woman in Africa, Isabel dos Santos, almost got removed from her postion as Chairwoman of the Board of Angola's telecom company - Unitel. 
London Stock Exchange

Why the London Stock Exchange is scouting for potential African listings

The London Stock Exchange (LSE) is on the road, scouting for potential new listings from African countries, including Nigeria.

Applications for Canadian Permanent Residency hit 21,200 in just 3 months

Data has shows that the number of invitations issued for Canadian permanent residency hit 22,200 in the first quarter 2019.
Organisation of Petroleum Exporting Countries OPEC's cuts

Libya’s output could destabilise OPEC’s cuts and affect crude prices

The El Sharara Oil Field in Libya has recommenced operation after a three-month siege by militants shut down operations.
Crude Oil Prices

Oil Prices slide as China posts slowest growth in 27-years

Oil prices slide on Monday after China's economy recorded the slowest quarterly growth in almost three decades. Earlier on Monday, it was revealed that China's economy grew 6.2% for the second half of 2019, but inches down by 0.2% when compared to 6.4% ..

Another trouble for Boeing as investigators discover a new flaw on MAX 737 plane

The comeback date for @Boeing 737 Max planes which had earlier been slated for late 2019, may really not be visible after all.
Huawei, United States, Legal action, Texas, Meng Wanzhou

Huawei accuses the United States of hacking

The confrontation between Chinese leading technology company, Huawei and the United States has nowhere reached its end, as Huawei, today, announced the company has filed a lawsuit against the US government.
Summer Transfer Window

Here’re the top ten football signings so far, across Europe

The Summer transfer window has barely been opened and huge signings have already been made across the European continent. Real Madrid and Barcelona have so far been dominant in this regard.


GTBank, acquisition

GTBank in acquisition talks

Chief Executive Officer of GTBank Segun Agbaje has said that the bank is making plans to expand its market base beyond its present locations.
Ministerial list

President Buhari assigns portfolios to all 43 ministers [Full-List]

President Muhammadu Buhari has finally assigned portfolios to all the forty three (43) ministers. 
Top Adverts in Nigeria

See the top ten adverts in Nigeria at the moment

So far in 2019, many companies have done the most in this regard. We have seen some of the most creative advertisements in the forms of radio jingles, TV adverts, web banners, etc. But are all of them having quite the impact?