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Brazil confirms Zika infection from a blood transfusion

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Brazilian health authorities confirmed on Thursday a case of transmission of Zika through a transfusion of blood from a donor who had been infected...

AfDB sets 2017 time frame for Continental Free Trade Area

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The African Development Bank yesterday ended its two-day Expert Group meeting in Abidjan where it announced a CFTA road map with 2017 as the...

Investment Comments February 2016

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The Markets in 2016 - Should you be worried? The three reasons the markets dropped in 2016 2016 started off with the worst performance in history....

Flour Mills of Nigeria jumps most in 14 months as profit...

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Flour Mills of Nigeria Plc, the country’s biggest miller by market value, rose the most in 14 months as a stake sale to Lafarge...

MTN hires former U.S. attorney general to help in talks with...

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MTN Group hired former US attorney-general Eric Holder to take part in talks with Nigerian regulators about settling a $3.9bn fine, according to the...

FG’s $25bn Infrastructural Fund Plan gaining traction – Osinbajo

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The Federal Government’s plan to raise a $25 billion Infrastructural Fund from the global community and establish long term bankable projects is gaining traction,...

Mad Max director George Miller to preside over Cannes film festival

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Australian director George Miller will preside over the 69th Cannes film festival, organisers said on Tuesday. Miller will award the prestigious Palme d'Or at the...

FG to implement UNEP report on Wetlands

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Federal Ministry of Environment said there were plans to implement the United Nations Environment Programme (UNEP) report on the designation of Niger-Delta as Wetlands. This...

FG to save $1bn from Direct Sales Direct Purchase Initiative –...

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Dr Ibe Kachikwu, Minister of State for Petroleum Resources has said that the Federal Government will save one billion dollars from its new initiative...

Money Laundering: Buhari seeks N25m fine for financial institutions in new...

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President Muhammadu Buhari is seeking a seven year jail term without an option of fine for money launderers, and also proposing N25 million fine...