Somali hotel bomb attack ‘kills 28’

Somali hotel bomb attack ‘kills 28’

Ambulance workers in the Somali capital Mogadishu have told the BBC they have counted 28 dead bodies at a hotel following a bomb attack by militants. They said 43 others, including seven journalists, were injured after bombs exploded at the...
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BPE boss seeks concession of 380,000 hectre of River Basin Authority land

BPE boss seeks concession of 380,000 hectre of River Basin Authority land

The only way to check the encroachment of the over 380,000 hectres of arable land belonging to the 12 River Basin Development Authorities (RBDAs) in the country by unauthorized persons is to concession or lease such land to top flight...
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New LNG Carrier Joins MISC Berhad’s Fleet

New LNG Carrier Joins MISC Berhad’s Fleet

Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, held the naming and delivery ceremony of its new liquefied natural gas (LNG) carrier Seri Cenderawasih in Ulsan, South Korea. The 150,200 cbm carrier is the second ...
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Gambia: Dogara lauds Buhari, ECOWAS leaders

Gambia: Dogara lauds Buhari, ECOWAS leaders

Speaker of the House of Representatives, Rt Hon Yakubu Dogara has commended President Muhammadu Buhari and leaders of the Economic Community of West African States for the role they played in averting major political crisis in the Gambia. In a...
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Mauritius Prime Minister to hand over to son

Mauritius Prime Minister to hand over to son

(BBC) Mauritian Prime Minister Anerood Jugnauth says he is stepping down to hand power to his son, Pravind. The 86-year-old first became prime minister in 1982, beginning a third spell as leader in 2014. In a televised address Mr Jugnauth...
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Trump vows to ‘put America first’

Trump vows to ‘put America first’

(BBC) President Donald Trump has painted a bleak picture of a broken country after being sworn in as US president. He spoke of abandoned factories, rampant crime and a failed education system, pledging that his presidency would bring about change....
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Dangote at WEF, canvasses genuine efforts at tackling power deficit in Africa

Dangote at WEF, canvasses genuine efforts at tackling power deficit in Africa

Foremost industrialist and President of Dangote Group, Aliko Dangote has told the audience at the World Economic Forum (WEF)in Davos, Switzerland that a joint effort between government and private sector to tackle the power deficit remained a key element in...
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United Capital , Societe Generale,  others upport African SMEs with €77m

United Capital , Societe Generale, others upport African SMEs with €77m

United Capital Plc has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund (FFA), with investible funds of 77 million euro. The aim of the fund is to accelerate the growth of innovative and entrepreneurial...
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LADOL joins world business leaders to promote $12 tri economic development targets

LADOL joins world business leaders to promote $12 tri economic development targets

The Lagos Deep Offshore Logistics base (LADOL), has joined notable world business promoters in quest of developing a sustainable business outlook that is expected to unlock over US$12 trillion in new market value as well as repair the global economic...
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Ahmed Hussen: From Somali refugee to immigration minister in Canada

Ahmed Hussen: From Somali refugee to immigration minister in Canada

By Jessica Murphy, BBC News, Toronto –  Ahmed Hussen came to Canada from Somalia as a refugee. Now he’s the new minister of immigration. Along with thousands of compatriots, Ahmed Hussen fled war-ravaged Somalia for a better life in Canada....
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Global unemployment to rise by 3.4 million in 2017, says ILO

Global unemployment to rise by 3.4 million in 2017, says ILO

The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, says  a new International Labour Oeganisation ( ILO)  report. According to...
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PwC: Emerging markets still deprived of fit-for-purpose financial systems

PwC: Emerging markets still deprived of fit-for-purpose financial systems

A new report from the stable of PwC has challenged Policymakers, regulators and financial services organisations to be more active as part of measures to shape a financial system “that is fit for purpose”. The report explained that lack of...
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IMO cautions against extending EU-ETS to Shipping

IMO cautions against extending EU-ETS to Shipping

Including shipping in the European Union’s Emission Trading System (EU-ETS) could undermine efforts to reduce greenhouse gas (GHG) emissions from shipping on a global basis, International Maritime Organization (IMO) Secretary-General Kitack Lim said in a let...
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Cristiano Ronaldo beats Lionel Messi to win Fifa best player award

Cristiano Ronaldo beats Lionel Messi to win Fifa best player award

(BBC) Cristiano Ronaldo was named the world’s best player at the inaugural Best Fifa Football Awards in Zurich. Real Madrid and Portugal forward Ronaldo, 31, beat Barcelona’s Lionel Messi and Atletico Madrid’s Antoine Griezmann to the prize. ...
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