Is this really the story behind Black Friday?
Black Friday is the day after Thanksgiving where stores open early and reduce prices of goods to kick off the holiday shopping season. But a group condemning the participation of…
Business
Dieziani Alison-Madueke elected first female president of OPEC
Nigeria’s Minister of Petroleum, Dieziani Alison-Madueke has been elected the first female president of the Organization of Petroleum Exporting Countries (OPEC). She was elected today at the ongoing 166th General…
CBN devalues Naira, puts exchange rate at N168 to a dollar
Following the dwindling oil price in international market, the Central Bank of Nigeria today announced the devaluation of the Naira, pegging the Dollar to Naira exchange rate at N168 to…
MTN dissociates itself from ‘political’ recharge cards
MTN Nigeria has dissociated itself from recharge cards bearing logos and names of political parties and contestants of next year’s elections. Below is a statement they released… “As a corporate…
FG introduces austerity measures
In a bid to insulate the economy from falling crude oil prices the federal government announced far-reaching policy measures to deal with the crashing crude oil prices, cutting 2015 oil…
Regulators fine global banks $3.4bn in forex probe
Regulators fined five major banks $3.4 billion for failing to stop traders from trying to manipulate the foreign exchange market, the first settlement in a year-long global investigation.UBS and Citigroup,…
Nigeria loses N35bn in one week as agents shut down major seaport
The nation’s economy lost at least N35 billion in the last seven days as clearing agents blockaded the Lagos Port Complex, LPC, Apapa, over disagreement in charges collected by terminal…
Photos:America's most expensive and cheapest houses
This 3-bedroom bungalow you see above is America’s cheapest home, at just $188. It’s located in Flint, Michigan.While the most expensive house in the US is the upgraded 12-bedroom ‘Palazzo…
Untitled Post
Belgian chocolate brand ‘ISIS’ has announced it will be rebranding itself as ‘Libeert’ due to sharp fall in sales brought on by its name association with the Islamist terror group,…