59 killed, 527 injured  in Las Vegas shooting

59 killed, 527 injured in Las Vegas shooting

Police are working to establish the motive behind a mass shooting which left at least 59 dead and another 527 injured at a Las Vegas concert.  Gunman Stephen Paddock, 64, opened fire from the 32nd floor of the Mandalay Bay...
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GM unveils agenda for 20 electric vehicles

GM unveils agenda for 20 electric vehicles

General Motors will launch two new electric vehicles over the next 18 months, the first step in an ambitious plan to have more than 20 such vehicles on sale by 2023, and begin production of hydrogen fuel cells at its...
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First Bank consolidates international business, increases stake in FBNBank Congo

First Bank consolidates international business, increases stake in FBNBank Congo

First Bank of Nigeria Limited has acquired the remaining shares in FBNBank DRC Limited (FBNBank DRC), making it FirstBank’s wholly owned Subsidiary.    FirstBank said this follows its initial investment in FBNBank DRC (formerly Banque Internationale de Cre...
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Ford targets Saudi Arabian women with adverts

Ford targets Saudi Arabian women with adverts

Some of the world’s biggest car makers including Ford have started advertising their vehicles directly to women in Saudi Arabia. The swift move follows the official announcement on 27 September by King Salman that the country’s ban on women drivers...
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WFE implores global securities regulators on information sharing, confidentiality

WFE implores global securities regulators on information sharing, confidentiality

The World Federation of Exchanges (WFE) on Wednesday responded to the CPMI-IOSCO Framework for Supervisory Stress Testing (“SST”) of Central Counterparties (“CCPs”). ​  According to WFE, the  purpose of the Framework is to guide glo...
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Self-flying taxi debuts in Dubai

Self-flying taxi debuts in Dubai

The Autonomous Air Taxi (AAT) of Dubai, world’s first self-flying taxi introduced by Dubai’s Road and Transport Authority (RTA), launched its maiden concept trip on Monday near the Jumeirah Beach Park, the official Dubai Media Office reported.  Th...
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Tukur, Ibru, others elect Dossou-Aworet President of African Business Roundtable

Tukur, Ibru, others elect Dossou-Aworet President of African Business Roundtable

The Executive Board of Directors of African Business Roundtable has elected Founder and Chairman of Petrolin, the Pan African Exploration and Production Oil and Gas Conglomerate, Mr. Samuel Dossou-Aworet as President Africa Business Roundtable (ABR).   Member...
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COSCO gets $54m fleet renewal backing

COSCO gets $54m fleet renewal backing

China’s COSCO Shipping Energy Transportation has received a government subsidy for disposal and retrofit of vessels worth approximately HKD 421 million (USD 54 million). The subsidy is part of revenue-related government grants and is aimed at compensating f...
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US announces new travel ban

US announces new travel ban

The United States has expanded its controversial travel ban to include people from North Korea, Venezuela and Chad. The White House said the restrictions follow a review of information sharing by foreign governments. Donald Trump issued a presidential proclama...
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ESL names 2nd LNG-Fueled Bulker

ESL names 2nd LNG-Fueled Bulker

Helsinki-based shipping company ESL Shipping, a member of the Aspo Group, has named Haaga, the second of the company’s two LNG-fueled dry cargo vessels.   The naming ceremony took place at the Jinling shipyard in Nanjing, China, on September 22,...
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Minister lauds BPE, seeks support for NIPOST agenda

Minister lauds BPE, seeks support for NIPOST agenda

The Nigerian Postal Service (NIPOST) is being reformed to undertake e-commerce and e-government services, the Minister of Communications, Alhaji Abdur-Raheem Adebayo Shittu has said.   According to the Minister, the development is a strategic response to tech...
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Tony Elumelu Entrepreneurs to get technical support from Microsoft

Tony Elumelu Entrepreneurs to get technical support from Microsoft

Through its 4Afrika Initiative, Microsoft has collaborated with the Tony Elumelu Foundation (TEF) as part of measures to provide entrepreneurs in the TEF Entrepreneurship Programme with technology-based tools, resources and mentorship.   According to Microsof...
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ILO implores UN General Assembly on 152 million in child labour, others

ILO implores UN General Assembly on 152 million in child labour, others

New research developed jointly by the International Labour Organization (ILO) and the Walk Free Foundation in partnership with the International Organization for Migration (IOM), has revealed the true scale of modern slavery around the world.   The data, rel...
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Global coalition to boost equal pay for women at work

Global coalition to boost equal pay for women at work

One of the most persistent barriers to women’s success at work and to economic growth, unequal pay, will be actively challenged by a new global partnership, the Equal Pay International Coalition (EPIC) . With the launch of EPIC, the International Labour...
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