Economic Confidential

First China Electric ship conducts trial operation

First China Electric ship conducts trial operation A home-grown electric ship on Friday conducted a trial operation in central China on the Yangtze River, China’s longest waterway. Junlyu is the first electric ship weighing above 1,000 tonnes to sail the Yangtze....

Appreciating Olu Akani @ 70

Appreciating Olu Akani @ 70 By Gboyega Bello Today, 2nd January, 2020, my friend and mentor, Engineer Olu Akani, clocked the proverbial age of three scores and ten years. In a country where rightly or otherwise, life expectancy for men, according...

Huawei sales revenue Up by 18%

Huawei sales revenue Up by 18% Chinese telecommunications giant Huawei Technologies flagged record profits for 2019 on Tuesday, despite a tumultuous year that has seen the U.S. and its allies blacklist the firm. “Despite concerted efforts by the U.S. government to...

Aliko Dangote Ends 2019 with $4.3 Billion Richer

Aliko Dangote Ends 2019 with $4.3 Billion Richer Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to grow on the back of investments in cement, flour and sugar. The 62-year-old Nigerian businessman and Africa’s...

NNPC Posts ₦13.23billion Trading Surplus

NNPC Posts ₦13.23billion Trading Surplus … Records 81 Per cent Drop in Pipeline Vandalism The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.23billion in October 2019, representing an increase of 54 percent vis-à-vis the ₦8.59billion surplus posted...

N-Power beneficiaries Receive Oct, Nov Allowances

N-Power beneficiaries Receive Oct, Nov Allowances The Ministry of Humanitarian Affairs, Disaster Management and Social Development, has paid the October and November 2019 back log allowances of beneficiaries of the N-Power programme before December 20, 2019 as promised by the...
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