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Tony Elumelu: Champion Of African Development Honored Internationally
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The President of Gabon, General Brice Clotaire Oligui Nguema, has bestowed upon him the country’s distinguished national honors: the rank of Commander in the National Order of Gabonese Merit. This honor was awarded to Mr. Tony Elumelu, the Group Chairman of UBA Plc and the founder of the Tony Elumelu Foundation. This prestigious accolade…
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India And Chile Ink Economic Deal: Focus On Critical Minerals
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New Delhi [India], May 9 (ANI): India and Chile took a major step forward in strengthening their economic partnership by signing the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement ( CEPA ). The Ministry of Commerce & Industry stated on Friday that this accord opens a new kala in commercial ties…
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Tech Firm Greenlights $720M Takeover Bid From U.S. Company – International Edition (English)
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The Newry-based tech company FD Technologies has agreed to be acquired for £570 million by an American enterprise. The purchaser is TA Associates, a private equity firm based in Boston. Donna Troy, who leads FD Technologies, stated that the company’s board unanimously agreed the deal acknowledges the inherent worth of the enterprise and “provides…
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China’S Boe And Csot Slash Lcd Production As Tariffs And Subsidy Cuts Bite
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Major Chinese display panel manufacturers like BOE and CSOT have started reducing their LCD output due to U.S. tariffs imposed during President Donald Trump’s administration, which impede exports to the American market, according to industry insiders. As businesses shift their focus towards Europe and Asia, experts indicate that obtaining new clients swiftly continues to…
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Pwan Rejects Sec’S Ponzi Scheme Allegations
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The management of PWAN Group has denied allegations by the Securities and Exchange Commission that its real estate buy-back transactions bear the characteristics of a Ponzi scheme. In a statement provided to our correspondent by the firm on Thursday, PWAN characterized the SEC’s stance as “incorrect and deceptive,” underscoring that their project constitutes a…
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Lagos Targets 39 Structures For Demolition: Eviction Notices Issued
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The Lagos State Government has identified at least 39 structures situated within two upscale neighborhoods for teardown due to Right of Way requirements along the Ikota Riverbank in the Eti-OsaLocalGovernmentArea. The Ikota area falls under theMarokoOkunAlfaward,intheLekkisectorofthecity. This follows the issuance of indefinite eviction notices by the state government to those impacted, allowing them time…
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Investors Demand Mentorship To Boost Kenya’S Startup Growth
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Participants in the startup community are urging seasoned business owners to share their accumulated wisdom and expertise with emerging entrepreneurs, aiming to foster the long-term development of the nation’s startups. Data from the Kenya National Bureau of Statistics indicates that almost 500,000 new businesses cease operations within their initial year, largely because of factors…
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Revenue Reset: Gra Boosts Efforts To Enhance Tax Collection And Compliance
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The Ghana Revenue Authority (GRA) is intensifying its initiatives to improve tax collection and boost adherence to regulations, which supports the government’s larger plan to revitalize the country’s economy. Following this, Acting Commissioner-General Anthony Kwasi Sarpong has presented a detailed plan aimed at expanding the tax base, targeting a substantial revenue collection of GH¢200…
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Dollar’S Rise Boosts Optimism, Pushes Won Below 1,400
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On May 9, the South Korean won depreciated beyond the 1,400 mark relative to the US dollar, marking its second consecutive day of gains as improved sentiment regarding reduced global trade frictions bolstered the American currency. The won started trading at 1,404.8 against each dollar, marking an increase of 8.2 won compared to the…
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Lauriston Solar Farm In Australia Begins Operations: A Clean Energy Triumph
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This facility stands as one of the biggest operational solar farms in New Zealand. Fotowatio Renewable Ventures (FRV) Australia has commenced operations at its 63-megawatt peak Lauriston Solar Farm in New Zealand. The solar facility, working alongside Genesis Energy, ranks among the biggest currently operational within the nation. Situated in Canterbury on a 93-hectare…