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Kerry says corruption costs the world $2.6trn annually

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SOKOTO, AUGUST 23, 2016 - The U.S. Secretary of State, Mr John Kerry, on Monday said the world lost 2.6 trillion dollars to corruption...

Australians lost more than $17bn in gambling in 1 year

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SYDNEY, AUGUST 23, 2016 - Australians lost 17.3 billion dollars in one year to gambling, more than 30 per cent compared to the previous...

CBN asks banks to give 60 pct of their forex to...

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LAGOS AUGUST 23, 2016 - Central bank of Nigeria has asked commercial lenders to allocate 60 percent of their foreign exchange purchases to manufacturers,...

FG reaffirms commitment to strategic planning for economic development

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KANO, AUGUST 23, 2016 - The Federal Government has reaffirmed its commitment toward adopting the principle of strategic planning in the management of the...

Germany to accept hundreds of migrants to boost EU program –...

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ROME, AUGUST 23, 2016 - Germany has agreed to take in hundreds of migrants who are blocked in Italy in a move that might...

LASG Commends OLX on Innovations, Job Creation

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LAGOS, AUGUST 23, 2016 - Lagos State Government has commended OLX Nigeria for leading innovations in the classified ad sub-sector of the e-commerce space...

Airtel Excites Youths with Repackaged SmartTrybe, New Rate Offer

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LAGOS, AUGUST 23, 2016 - Airtel Nigeria has unveiled its repackaged Smart Trybe to offer customers affordable call and data tariff in addition to...

MTN to Sell $729m Stake to Black Investors

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LAGOS, AUGUST 23, 2016 -MTN Group will sell shares worth 9.9 billion rand ($729 million), a 4 percent stake, to black investors to meet...

NCC to License More Broadband Operators

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ABUJA, AUGUST 23, 2016 - Nigerian Communications Commission (NCC) is to license more broadband operators to complement existing ones in order to achieve the...

CBN to punish banks for illegal forex transactions

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ABUJA, AUGUST 23, 2016 - Banks were yesterday hit with allegations of round tripping. Acting Director, Trade & Exchange, W.D. Gotring, in a circular to...