Tag Archives: Invest

Canadian Governor Opens Joint Biobank With Lagos State

Lagos State continues to attract foreign investments with the visit of the Governor General of Canada, Juliet Payette, who arrived Lagos on Tuesday October 30th. Payette inaugurated a $4.5M Biobank at the Mainland Hospital in Yaba, Lagos. The Biobank is meant to effectively manage the outbreak of diseases, research and development of vaccines. Payette stated that the West African Ebola

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Ex-UBS Trader Adoboli gets last minute reprieve from deportation

The 38-year-old Ghanaian banker convicted of the UK’s biggest fraud, Kweku Adoboli has won a bid to delay being deported to Ghana. This is because a judge has awarded a judicial review for the case. Adoboli was set to be deported to Ghana on Tuesday, 18th September 2018 in accordance with the UK law which states that, if a foreign

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Ex-UBS Trader Kweku Adoboli Who ‘Gambled Away $1.4B’ To Be Deported To Ghana

The lawyer of Kweku Adoboli, a former UBS banker convicted for causing the biggest trading loss in British banking history will on Monday make a final attempt to prevent his imminent deportation a day later by filing for a judicial review. Adoboli’s solicitor Jacqueline McKenzie told reporters at a press conference Thursday that her client is due to be deported

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Zinox Computers Boss, Leo Stan Ekeh Ups The ICT Game With N15 Billion Highbrow Office

The name Leo Stan Ekeh is not new in the ICT business terrain in Nigeria and Africa, he is called the Mark Zuckerberg of Nigeria and is reportedly worth $1 Billion Dollars. Against the constant complains by Nigerian entrepreneurs, that the economy is not business friendly, the Zinox Computers boss, keeps surprising naysayers with his astronomic rise in business laced

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President Buhari Forges Stronger Debt Ties With China

President Buhari made his first official visit to China last week, but that was not the major highlight of the trip. The major highlight was that the First Lady Aisha Buhari, and their daughter were part of the President’s entourage. In fact, wailers had a field day claiming that President Buhari went on the trip with his family, thereby turning

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NIGERIANS RAISE CONCERNS OVER MULTIPLE TAXATION ON MTN BY THE FEDERAL GOVT  

The Federal Government has again ordered Africa’s leading mobile operator MTN to pay back taxes of $2 Billion, just days after the government ordered it to repatriate $8.13 Billion, which it had paid into its home country through 4 Nigerian banks, namely, Stanbic IBTC, Diamond Bank, Citi Bank and Standard Chartered Bank. MTN gave a brief statement to the market

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