Ethiopia’s economy is predicted to grow by 8.5% this year while Nigeria, is predicted to grow by 2.1%,Bismarck Rewane a Nigerian economist told CNN.

Ethiopia, Africa’s second most populated country, is forecast to be the fastest growing economy in Sub-Saharan Africa this year, according to new data from the IMF. Ethiopia’s economy is predicted to grow by 8.5% this year. The figures signal continued economic expansion following a long period of impressive growth. In the last decade, Ethiopia More...

by Matthew Uzokwe | Published 1 day ago
By Staff Writer On Tuesday, April 17th, 2018

EFCC Recovers N216m From “Swiss Golden” Operators, Calls It A Ponzi Scheme

The Economic and Financial Crimes Commission, EFCC, has recovered a total of N216,402,565.05 (Two Hundred and Sixteen Million, Four Hundred and Two Thousand, Five Hundred Sixty Naira, Five Kobo) only from Swiss More...

By jane ugo On Thursday, February 8th, 2018

EFCC fights for power to wade into innoson,Gtbdispute

The Economic and Financial Crimes (EFCC) still insist5  that it has the jurisdiction to intervene in the dispute between Innoson Group of Companies and Guaranty Trust Bank (GTB), as the maain reason for the conflict More...

By Staff Writer On Saturday, February 3rd, 2018

Zinox Group Acquires E-commerce giant Konga in a Landmark Industry Deal

According to a report by ThisdayLive , The Zinox Group, an integrated Information Communication Technology (ICT) solutions conglomerate and Original Equipment Manufacturer (OEM), has concluded the acquisition of More...

By Staff Writer On Thursday, January 11th, 2018

Mark Zuckerberg Has Already Made $4 Billion in 2018

Major market indices are up 2% year-to-date, continuing the major stock gains of last year. Among those profiting from the continued stock surge is Facebook CEO Mark Zuckerberg. The 33-year-old has earned $4.16 More...

By Chidinma Nwachukwu On Thursday, January 11th, 2018

Nigeria Ranked 8th Cheapest Place To Buy Petrol.

Nigeria has been ranked as the eighth out of 150 countries with the cheapest price of petrol, with a pump price of 145 naira per litre. According to, which publishes data on retail More...

By Staff Writer On Tuesday, January 9th, 2018

Jeff Bezos is the richest person in history with a net worth of $105 Billion

The Amazon CEO’s net worth reached $105.1 billion Monday, according to Bloomberg’s billionaire tracker. That eclipses the record previously held by Microsoft founder Bill Gates. Forbes, the other major More...

By Odinaka Mkparu On Monday, October 30th, 2017

N10 million fraud Allegations Against SEC Puts Investors in Great Worries..

Stock market investors have expressed concern over the alleged N104million fraud levelled against the Director General (DG), Securities and Exchange Commission (SEC), Mounir Gwarzo, saying that such crisis would More...

By Odinaka Mkparu On Friday, October 27th, 2017

Enugu State Gov Shifts attention to agriculture to boost state’s development.

Enugu State Commissioner for Agriculture, Mr Emeka Edeh, says the state government has shifted its focus to agriculture, as part of its efforts to fast-track the state’s development. Edeh told News agency of More...

By Odinaka Mkparu On Wednesday, October 25th, 2017

11 Trillion Naira Would Be Required To Connect All States By Rail – Amaechi

Minister of Transportation, Rotimi Amaechi, On Tuesday, said a whopping Sum of $36 billion, which is Equivalent to 11 trillion naira would be required to make the Railway dream a reality. Also, Nigeria has this More...