Economy

March 9, 2018

World Update: BMW posts record net profit of 8.7 bn euros for 2017

German luxury carmaker BMW said Thursday its 2017 net profit soared 26 percent to a record 8.7 billion euros ($10.7 billion), driven by strong demand for […]
March 9, 2018

Nigeria Update: Lagos grants N4.9b loans to 5,800 businesses, targets digital economy

Lagos State government has granted N4.9 billion loans to 5,800 small and medium scale businesses.  The Chief Executive Officer of the Lagos State Employment Trust Fund […]
March 8, 2018

Nigeria Update: Nigeria realises N3.254tr in Q4 of 2017

Spends N380.4bn on importation of mineral fuel Nigeria realized N3.254trillion from crude oil export in the fourth quarter (Q4) of 2017, representing 83.2 per cent of […]
March 7, 2018

World Update: Two Koreas to hold summit, North ready for denuclearisation talks

The leaders of North and South Korea will hold a historic summit in the Demilitarized Zone next month after Pyongyang expressed willingness to give up its […]