7 Feb 2020
The extended factory shutdown in China is costing automakers that have idled plants as the government grapples with a worsening virus outbreak that has already claimed more than 420 lives. Automotive research firm IHS Markit expects automakers to lose about 350,000 units of vehicle production in the first quarter as local Chinese governments keep plants…
16 Feb 2018
CNBC Africa’s Esther Awoniyi caught up with Chibuike Rotimi Amaechi, Nigeria’s Minister of Transportation and discussed railway development, the 2019 elections, insecurity and more. Esther: What would you say has been your biggest accomplishment so far in your three years of being minister? Amaechi: Focusing on railway. We’ve been able to deliver the Abuja Kaduna…
22 Nov 2016
Oracle on Monday announced it is buying Dyn, a Web traffic management firm recently hit with a cyber attack that closed off the internet to millions of users.
9 Oct 2016
The Minister of Finance, Mrs. Kemi Adeosun on Friday, assured Nigerians that the focus on infrastructure spending by the President Muhammadu Buhari administration will unlock the desired growth in the country.
28 Sep 2016
Lukman Otunuga is a research analyst at Cyprus-based FXTM. A keen follower of macroeconomic events, with a strong professional and academic background in finance ...
15 Aug 2016
Asia’s largest economy, a counterweight to U.S. global hegemony and flush with cash from a near-miraculous expansion that’s lasted decades, is on a shopping spree for American assets.