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IPOB: In The North, Igbo Businessmen Living in Palpable Fears

IPOB: In The North, Igbo Businessmen Living In Palpable Fears     The campaign that the Igbos suffer high level hatred and discrimination in Nigeria notwithstanding, they are everywhere, in villages, cities and towns across the country and this has brought the nation’s economy firmly into their...

W/Bank To Invest $150bn In Africa

W/Bank To Invest $150bn In Africa       The President of World Bank Group, David Malpass, has said that the bank plans to invest $150 billion in Africa within the next five years towards promoting development on the continent. Malpass disclosed this on Tuesday at the Summit on...

WTO: Okonjo-Iweala Appoints Four Deputy DGs

WTO: Okonjo-Iweala Appoints Four Deputy DGs       The Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, yesterday announced the appointment of Angela Ellard of the United States, Anabel González of Costa Rica, Ambassador Jean-Marie Paugam of France and Ambassador Xiangchen Zhang of China...

IMF Rates Nigeria’s GDP As Best In Africa

IMF Rates Nigeria’s GDP As Best In Africa         Using the Gross Domestic Product (GDP) as yardstick, the International Monetary Fund (IMF) has rated Nigeria as the best economy in Africa. In its 2020 World Economic Outlook, the IMF also ranked Nigeria as one of the world’s...

Nigeria’s Oil Faces Threat As Electric Vehicle Sales Rise

Nigeria’s Oil Faces Threat As Electric Vehicle Sales Rise         The rising number of countries gradually shifting from fossil fuels and encouraging the adoption of electric vehicles may pose a major threat to Nigeria’s crude oil exports. Sales of electric cars topped 2.1 million globally in 2019,...

COVID-19: Airlines Face New Threat As Second Wave Spreads

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...