Category: Business

Steinhoff Ex-CEO Jooste Fined $9.9m for Insider Deals

Steinhoff International Holdings NV former Chief Executive Officer Markus Jooste has been fined more than 162 million rand ($9.9 million) by a South African regulator for insider trading ahead of the…

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Will Nigerian Airlines Survive?

Since July 8, 2020 when the nation’s airspace was reopened for domestic flight operations, Nigerian airlines have been brainstorming on how to survive when after over three months of lockdown…

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Resurgence of Piracy in the Gulf of Guinea

In January this year when Nigeria was rated number one in pirates attack in the Gulf of Guinea by the International Maritime bureau (IMB), Nigeria stepped up its fight against…

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FAAN Disrupts Airlines’ Operations over Debts

The Federal Airports Authority of Nigeria (FAAN) recently disrupted the operations of airlines indebted to the agency by delaying the operations of two airlines at the Nnamdi Azikiwe International Airport,…

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Looted Kogi COVID-19 Palliatives: Many Lies of Yahaya Bello

Contrary to claims by Governor Yahaya Bello of Kogi State on a popular programme on Channels TV that his state was not among those, whose warehouses were looted by indigenes…

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Senate to investigate gas tanker explosions

The Senate has directed its Committees on Petroleum Downstream, Gas Resources to investigate the remote and immediate causes of gas tanker explosions in parts of the country, with a view…

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Ogbonnaya Onu to headline 4th Nanotechnology conference by Lautech Nano+ group

The minister of science and technology, Ogbonnaya Onu, will on Tuesday 27 October address the plenary session of the 4th annual workshop/conference on nanotechnology at the Ladoke Akintola University of…

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During heated exchange, Nancy Pelosi tells CNN’s Wolf Blitzer he’s ‘an apologist’ for the GOP

During a contentious interview on Tuesday afternoon, House Speaker Nancy Pelosi (D-Calif.) repeatedly told CNN's Wolf Blitzer he had "no idea" what he was talking about regarding negotiations for a…

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China Is Buying Up Record Chunks of Japan’s Debt Mountain

China went on a record-buying spree of Japanese bonds over the summer months, snapping up $20.9 billion of the low-yielding debt to spur talk that it’s diversifying reserves. The 2.2…

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China Is Loading Up a Five-Year Warning Shot to the U.S.

Investors are rooting for industrial companies, but China’s 14th five-year plan could bring a lot more stress to a post-Covid-19 global economy attempting a recovery. The world should watch carefully…

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