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Category: Economy

Business Economy

Dangote’s net worth rises to $16.2bn as Forbes releases new list of Billonaires

Iheanyi Ejiofor July 28, 2017 headline

Arica’s richest man and President, Dangote Group, Alhaji Aliko Dangote, on Thursday saw his net worth increase by $162m to $16.2bn on the day Jeff Bezos, Founder of Amazon, briefly dethroned…

Read More Dangote’s net worth rises to $16.2bn as Forbes releases new list of Billonaires
Business Economy

NNPC halts oil search in the Chad basin after Boko Haram attack

Iheanyi Ejiofor July 28, 2017 headline

The federal government on Thursday announced that it will halt oil exploration in the Chad basin for now following Tuesday’s devastating attack by Boko Haram insurgents on oil explorer’s that…

Read More NNPC halts oil search in the Chad basin after Boko Haram attack
Business Economy

Jeff Bezos was briefly the world richest man with $90.06bn

Iheanyi Ejiofor July 27, 2017 headline

Jeff Bezos, the chief executive officer of Amazon was briefly the world richest man on Thursday. The Amazon boss net worth, according to Forbes, was estimated at $90.6 billion as at…

Read More Jeff Bezos was briefly the world richest man with $90.06bn
Cover Economy

EFCC recovers N328.9n from Oando, Fort oil, Mobil, other oil marketers in 1 year

Iheanyi Ejiofor July 26, 2017 headline

The Economic and Financial Crimes Commission (EFCC) says it has recovered a total of N328.9 billion from nine major oil marketers in one year. Spokesman of the commission, Mr. Wilson…

Read More EFCC recovers N328.9n from Oando, Fort oil, Mobil, other oil marketers in 1 year
Economy Maritime

National Assembly claims on missing vessels bogus—NPA

Iheanyi Ejiofor July 26, 2017

The Nigerian Ports Authority(NPA) has responded to the claims by the Senate Committee on Customs, Excise and Tariff over the missing of 282 vessels in the custody of the agency.…

Read More National Assembly claims on missing vessels bogus—NPA

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