Few days ago Nigeria’s economic recession slidding to 2.06% was announced however this deeper revelations by Reuters are shocking. Read: Credits: Uly Laessing via Reuters * Nigerian factories starved of importation. * Vehicle plant halted for lack of engines * Africa’s largest economy in first recession since 1991 * GDP contracts by 2.06 percent in… Continue reading [WORLD POLITICS] #EXCERPTS: NIGERIA’S RECESSION, INNOSON JOB LAY-OFFS; THIS REUTERS’ REPORT SAYS IT ALL.
The Central Bank of Nigeria (CBN) has re-admitted the remaining eight banks banned from foreign exchange market dealings. The banks had been sanctioned over non-remittance of government’s $2.3 billion to the Treasury Single Account (TSA). The reversal comes barely two weeks after the regulatory authority took action against the financial institutions. CBN’s Director of Banking… Continue reading [BRAND WEEK] #BUSINESSREPORT: CBN REINSTATED SUSPENDED BANKS BACK TO MAINSTREAM FOREX.
Earlier this year apple had into its cuffers Gliimpse-a healthcare startup (founded by Anil Sethi and Karthik Hariharan in 2003 who said his sister’s battle with cancer coupled with unavailability of concise online health records data. The startup curates people’s health data from labs, health centers and pharmacies-with user’s permission and later converts these informations into… Continue reading [BRANDS] #BREAKING: APPLE IPHONE 7 IS COMING.
Akpororo and wife, Mary Josephine Abraham have welcomed their first child, a girl, into the world. The couple got married on November 14, 2015 at Eagle’s Club in Surulere, Lagos, in a ceremony graced by former first lady of Lagos Abimbola Fashola, comedian Ali Baba , comic actor Francis Odega , and other friends and… Continue reading [ENTERTAINMENT] #ENEWS: AIRTEL AMBASSADOR, AKPORORO WELCOMES FIRST BABY.
Music star , Jidenna is in Nigeria . The ‘Classic Man ’ arrived Murtala Mohammed International Airport August 30th to kickstart his African tour . Photo credit: Rani Tahouf Jidenna’s tour of Africa would include a series of exclusive performances , album release parties and the filming of a… Continue reading [ENEWS] #MUSICPROMO: JIDENNA HITS HARD ROCK CAFÉ IN NIGERIA TODAY TO DEBUT HIS AFRICA TOUR.