Trump settles Trump University lawsuits for $25m

Trump settles Trump University lawsuits for $25m

Donald Trump has settled three Trump University lawsuits for $25m (£20m), the New York Attorney General has said. The US president-elect was being sued by former students who paid $35,000 (£28,000) for real estate “secrets” from his “hand-picked” instructors. Mr...
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CMA CGM Strengthens Asia-Red Sea Service

CMA CGM Strengthens Asia-Red Sea Service

French container shipping major, CMA CGM has launched REX3, a new service connecting Asia and the Red Sea.  The new service will link Djibouti, Saudi Arabia, Egypt, Jordan, Singapore and China.  In addition to the calls offered in the company’s...
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African Securities Exchanges partner CISI on professionalism, common certification in capital markets

African Securities Exchanges partner CISI on professionalism, common certification in capital markets

The African Securities Exchanges Association (ASEA) and the Chartered Institute for Securities & Investment (CISI) have signed a Memorandum of Understanding (MoU) to provide an effective framework to develop a common certification programme across the 26 A...
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UBA wins best CSR Company award in West Africa

UBA wins best CSR Company award in West Africa

Pan African banking Group, UBA has emerged the best institution in Corporate Social Responsibility (CSR) in West Africa.   Its CSR arm; UBA Foundation won the best CSR/Sustainability, West Africa Award at the 10th SERAs (Social Enterprise Report Awards) cere...
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Auto makers seek review of fuel efficiency mandate

Auto makers seek review of fuel efficiency mandate

(Auto News)-Donald Trump has been President elect for just a few days, but the auto industry has already started considering how his intention to reduce regulation could benefit carmakers. A lobbying group called the Alliance of Automobile Manufacturers has s...
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Ghana ex-first lady, Nana Rawlings gets go-ahead to run for presidency

Ghana ex-first lady, Nana Rawlings gets go-ahead to run for presidency

By Thomas Naadi –  Ghana’s electoral commission has announced the list of seven presidential candidates to contest the December 7, 2016 polls.    Three of the eight disqualified candidates who resubmitted their forms have been included on the list. ...
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Europe: Arik gets certification

Europe: Arik gets certification

The European Aviation Safety Agency (EASA) has granted Arik Air Third Country Operator (TCO) authorisation, which allows it to operate to any European country. The airline made the announcement in a statement by its Communications Manager, Ola Adebanji, which ...
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Firms weigh impact of Donald Trump win

Firms weigh impact of Donald Trump win

(WSJ) Executives world-wide encountered a political and economic landscape radically changed by Donald Trump’s surprise election, which reverberated through the energy, health-care and manufacturing sectors. U.S. businesses braced for revamped trade pacts an...
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Omar, former Somali refugee elected legislator in US

Omar, former Somali refugee elected legislator in US

(BBC)Ilhan Omar, 34, has made history by becoming the first Somali legislator in the United States. A former refugee, the Somali-born activist has been elected to serve as an MP in the US state of Minnesota. The Muslim Somali-American woman...
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NSE Photo News

NSE Photo News

 L – R  shows Efiok E. Efiok, Head, Investment Management Department, Securities and Exchange Commission (SEC); Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Hajara Adeola, Managing Director, Lotus Capital Limited; Garet...
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Ryder re-elected as ILO Director-General for a second term

Ryder re-elected as ILO Director-General for a second term

The Governing Body of the International Labour Organization (ILO) has re-elected Guy Ryder as Director-General for a second five year-term to start in October 2017.  Guy Ryder received 54 of the 56 votes cast by the titular members of the...
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Poetsch, VW Chairman under investigations

Poetsch, VW Chairman under investigations

Car giant Volkswagen says German prosecutors have expanded their probe of the emissions scandal to include the firm’s chairman of the board. Hans Dieter Poetsch was chief financial officer when the scandal over cars rigged to cheat on US diesel...
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Stowaway incidents rise in South Africa

Stowaway incidents rise in South Africa

  Gothenburg-based marine insurer The Swedish Club has issued an urgent stowaway advice for shipowners to prevent stowaways from boarding vessels in South African ports, following a rise in such incidents in the last two months. Shipowners should be conce...
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I’m not afraid of jail, says Zuma, South Africa’s embattled President

I’m not afraid of jail, says Zuma, South Africa’s embattled President

(BBC) South Africa’s embattled President Jacob Zuma has said he is not scared of going to prison, days after an investigation found evidence of possible government corruption.  This was his first public appearance since an anti-corruption report asked f...
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