BUSINESS NEWS

Shell to cut 9,000 jobs in Nigeria, others due to oil price crash as it shifts to clean energy

THE AFRI GIST October 1, 2020 0

The Royal Dutch Shell Plc has revealed plans to cut thousands of jobs globally, including in Nigeria. Anglo-Dutch giant, Royal Dutch Shell Plc, has concluded plans to cut as much as 9,000 jobs globally, including Nigeria, as part of its cost-cutting measure due to the crude oil crash and the

NEWS BUSINESS

China takes new action in opposition to America

THE AFRI GIST July 17, 2020 0

China, on Friday, introduced anti-dumping measures in opposition to n-Propanol (NPA) imported from the United States of America. The Ministry of Commerce made the announcement on Friday. It stated the domestic industry “has suffered substantial damage due to the dumping of such products by the U.S.” The preliminary ruling was based mostly on an anti-dumping […]

NEWS BUSINESS

Fire Breaks Out At World Trade Centre In Abuja

THE AFRI GIST July 13, 2020 0

A fire outbreak has been recorded at the rooftop of the World Trade Centre in Abuja. An official of the company managing the facility, Mr Ibukun Adeosun explains that the Fire occurred at about 11.30 a.m. No less than three fire service vans were deployed to comprise the fire, which Mr. Adeosun explains did not […]

BUSINESS NEWS TECHNOLOGY

Samsung Electronics Forecasts Earnings Bounce Regardless of Virus

THE AFRI GIST July 7, 2020 0

Samsung Electronics forecast a 23-percent rise in second-quarter working revenue Tuesday, with robust demand for reminiscence chips and shows overcoming the impression of the coronavirus pandemic on smartphone gross sales. The world’s greatest smartphone and reminiscence chip maker stated in an earnings estimate that it anticipated working revenue to be 8.1 trillion

POLITICS BUSINESS NEWS

Why Nigeria Can’t Cease Borrowing – Finance Minister

THE AFRI GIST July 5, 2020 0

Mrs Zainab Ahmed, the minister of Budget and Planning has highlighted two key causes which have made it inevitable for Nigeria to maintain borrowing from exterior our bodies. Talking at a webinar organised by the Nigerian Financial Summit Group, Fiscal Coverage Roundtable and Tax Funding and Competitiveness Coverage Fee on Saturday, she highlighted the explanations […]

POLITICS BUSINESS NEWS

President Buhari And Hiushpuppi Are In Identical Business – Aisha Yesufu Alleges

THE AFRI GIST July 2, 2020 0

The co-convener of the BringBackOurGirls campaign group, Aisha Yusufu, has once more blasted President Muhammadu Buhari, saying the 77-year-old Nigerian chief does the identical work with Nigerian Instagram superstar and alleged web fraudster, Raymond Abbas, also called Hushpuppi. For Aisha, Buhari has not been clear enough in his administration as many could be made to

BUSINESS NEWS

Zenith Bank tops in Nigeria by Tier-1 capital

THE AFRI GIST July 2, 2020 0

Zenith Bank Plc has emerged as number one Bank in Nigeria by Tier-one Capital in the 2020 Top 1,000 World Bank Ranking, published by The Banker Magazine. The bank, in a statement on Thursday in Lagos, said that it climbed a whopping 29 spots from 425 in 2019 to 386 in the 2020 global ranking […]

SPORTS BUSINESS EDUCATION LIFESTYLE

Soccer betting: a newbie’s information

THE AFRI GIST July 1, 2020 0

With social distancing in full swing, soccer followers throughout the globe received’t be seeing their favorite golf equipment play reside for an extended whereas. Watching reruns of previous matches, studying football predictions and maintaining with the latest football updates simply received’t lower it anymore. To remain engaged and take part within the upcoming

BUSINESS NEWS

Nigeria has most noteworthy faculty cost in worldwide oil industry

THE AFRI GIST June 12, 2020 0

Partners have raised worries over the nation’s creation costs, taking note of that Nigeria has the most elevated work force cost among worldwide administrators, consequently making it hard to deliver oil at a beneficial cost of beneath $10/barrel. As indicated by them, numerous administrators in the nation go through 50 percent of their income on […]

BUSINESS ENTERTAINMENT TECHNOLOGY

itel Mobile Unveils Olamide As Brand Ambassador, Sets New Targets

THE AFRI GIST May 22, 2020 0

In what can only be considered as the coming together of two kings, the smartphone for everyone brand, itel Mobile has unveiled Afro-pop star, Olamide Adedeji as its official brand ambassador.  The signing of the famous Afro-pop star is informed by the brand’s desire to enhance consumer engagement and endear more fans to her community. […]

BUSINESS LIFESTYLE

Until You Make It Big, Always Buy Second Hand Liabilities – Omokri Advises

THE AFRI GIST May 22, 2020 0

Popular social media commentator, Reno Omokrihas advised his followers that until they make it big in life, they should always buy second-hand liabilities. Speaking via his official Twitter handle, the popular commentator gave the list of liabilities as Car, phone, designers, electronics and every other thing whose value goes down over time. He concluded by saying […]

BUSINESS

‘Global lockdown should serve as business opportunity for SMEs’

THE AFRI GIST May 18, 2020 0

Despite the negative impact of the coronavirus around the world, the Founder/Chief Executive Officer, Inspired Leadership Group, Abdulaleem Anjolaoluwa Ademola-Osinuga believes that entrepreneurs can turn the challenge posed by the pandemic to opportunities. According to him, the global lockdown should serve as an opportunity to learn new things that will aid the growth of

BUSINESS NEWS

China to halve tariffs on $75bn of US imports

THE AFRI GIST February 7, 2020 0

China said Thursday it would halve tariffs on $75 billion worth of US imports as part of its trade truce with Washington and as officials look to calm markets unnerved by the deadly virus outbreak. The State Council Tariff Commission announced the reductions after Beijing and Washington signed an initial deal last month to dial down […]

BUSINESS TECHNOLOGY

Twitter rallies on global gains in user base

THE AFRI GIST February 6, 2020 0

(FILES) In this file photo taken on July 10, 2019 the Twitter logo is seen on a phone in this photo illustration in Washington, DC. – Twitter delivered a stronger-than-expected update for the fourth quarter showing an expanded user base and growing ad revenue, sparking a rally in shares. Net profit fell by half to […]

BUSINESS

Tacha Bags First Endorsement Deal With House Of Lunettes

THE AFRI GIST October 16, 2019 0

Regina Daniels and DJ Jimmy Jatt are also ambassadors for the brand. The controversial ex-BBNaija housemate will also be having her first interview since her eviction at Cool FM on Wednesday. Taking to Instagram, the eyewear retailer broke the exciting news with the words: “We are pleased to welcome @symply_tacha to the @house_of_lunettes family as a Brand

BUSINESS

Access Bank hits N1bn in digital lending daily

THE AFRI GIST October 15, 2019 0

Mr. Victor Etuokwu, the bank’s Executive Director, Retail Banking, stated this in Lagos on Tuesday. Etuokwu said its expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral, had recorded N1 billion daily in loan value. He stated that the bank was at the forefront of digital […]

BUSINESS

‘If I Were An African President, I Will Ban Importation Of Human Hair’ – Reno Omokri

THE AFRI GIST October 10, 2019 0

Former presidential aide, Reno Omokri has revealed what he will do if he becomes an African President. Recall that Reno had some time ago, shocked his followers after he said that, “Jesus is not God” According to Reno, his first act as a president of a nation is to ban the importation of human (White/Asian) […]