South Africa falls into recession

South Africa falls into recession

(BBC) South Africa has fallen into recession for the first time in eight years after economic growth shrank by 0.7% between January and March. The downturn, due to weak manufacturing and trade, follows a 0.3% fall in GDP in the...
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‘Nigeria’s maritime sector, haven of opportunities for investors’

‘Nigeria’s maritime sector, haven of opportunities for investors’

The Minister of Transportation, Rotimi Amaechi has stated that the Nigerian maritime sector is a haven of opportunities for the world maritime industry to tap into.  The Minister who made this known while speaking at the “Africa @ Nor” session...
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Toyota maintains position as most valuable car brand worldwide

Toyota maintains position as most valuable car brand worldwide

Again, Toyota has emerged the world’s most valuable car brand in a new ranking, holding off BMW, Mercedes-Benz and Tesla.   According to the BrandZ  top 100 most valuable global brands study released by market researcher Kantar Millward Brown, Toyota.....
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FG N140b Social Investment Programme begins in Edo

FG N140b Social Investment Programme begins in Edo

The Edo State chapter of the federal government’s Social Investment Programme (SIP), which offers micro credit to market women and men, cooperatives and traders’ associations, artisans, small-scale farmers, small business owners and youths across the 18 Lo...
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Saudi Arabia revokes Qatar Airways’ licence

Saudi Arabia revokes Qatar Airways’ licence

Saudi Arabia’s aviation authority has formally withdrawn Qatar’s licence to land and fly in the country. Saudi’s General Authority of Civil Aviation also ordered its offices to to be closed within 48 hours. In a statement, the authority also ...
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‘Innoson, a trail blazer in automotive industry’

‘Innoson, a trail blazer in automotive industry’

The Minister of Information and Culture, Alhaji Lai Mohammed, has described the Innoson Vehicle Manufacturing Company Limited as a trail blazer in Nigeria’s automotive industry. The Minister made the remarks in Nnewi, Anambra State, on Monday when he ...
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Exxon Mobil, Taleveras, Ophir win Equatorial Guinea Oil Blocks

Exxon Mobil, Taleveras, Ophir win Equatorial Guinea Oil Blocks

Exxon Mobil has signed Production Sharing Contract with Equitorial Guniea for Oil acreage E.G.-11, hereby heading the list of acreage winners in Equatorial Guinea’s latest licensing bidding round.   Winners were revealed on Monday by Equatorial Guinea&#...
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Edo begins training for traffic officers, SUBEB declares 77 positions vacant

Edo begins training for traffic officers, SUBEB declares 77 positions vacant

As part of measures to upgrade traffic management, Edo State Government on Monday, conducted aptitude tests to commence the training process for potential Traffic Control Officers, who enrolled in the Edo Jobs Initiative.   The aptitude test, said Mr Dennis...
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ILO establishes global business network on forced labour, human trafficking

ILO establishes global business network on forced labour, human trafficking

The International Labour Organization (ILO) has responded to corporate calls for help to prevent forced labour and human trafficking. ILO said it will set up a Global Business Network on Forced Labour and Human Trafficking to help business address the...
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Qatar faces airspace ban as crisis with neighbours grows

Qatar faces airspace ban as crisis with neighbours grows

(BBC)  Egypt is closing its airspace to Qatari planes in a growing diplomatic row, with Saudi Arabia and Bahrain expected to do the same on Tuesday. Several countries have cut ties with Qatar, accusing it of supporting terrorism in the...
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Heritage Bank supports Triton Group reforestation project in Oyo

Heritage Bank supports Triton Group reforestation project in Oyo

Heritage Bank Plc has thrown its weight behind Globus Resources Limited, a subsidiary of Triton Group, to flag off the second phase of afforestation programme in Oyo state.  The bank as the first financier had earlier financed the first phase...
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Osinbajo condemns London terrorists attack

Osinbajo condemns London terrorists attack

Acting President Yemi Osinbajo, strongly condemns the sickening atrocity perpetrated by a misguided and cowardly group of terrorists who attacked innocent persons in the London Bridge area on Saturday night. Osinbajo who condoles with the government of the Uni...
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Four countries cut diplomatic  tiers with Qatar

Four countries cut diplomatic tiers with Qatar

(BBC)–Saudi Arabia, Egypt, Bahrain and the United Arab Emirates have cut diplomatic tiers with Qatar, accusing it of destabilising the region. The countries say Qatar is supporting terrorist groups including the Muslim Brotherhood. The Saudi state news a...
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Pressure mounts on Shipping as Trump pulls out of Paris Accord

Pressure mounts on Shipping as Trump pulls out of Paris Accord

The decision of the President Donald Trump on US withdrawal from the Paris Agreement exerts further pressure on all major industrial sectors to deliver their fair share of carbon cuts, including shipping, according to NGOs focusing on environmental issues in ...
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