US Stock Market: The Fall Of 2018
For investors and middle-class workers watching their 401(k), the last few months have been a tailspin of unfulfilled returns and dropping stock prices. These huge losses on the market come off the heels of investors who were riding high on the early to mid-2018 bull market. In October alone the S&P 500 dropped 6.9 percent, […]
Amazon’s HQ2 And What It May Mean For New York
This November the city of New York reached a deal with e-commerce behemoth Amazon that will see them build a second headquarters, “HQ2,” in the Long Island City area of Queens. It’s the largest economic development project in the history of the state and was hard won against the likes of New Jersey and others, […]
Goods Worth N10 Trillion Smuggled Into Nigeria In 2017
The value of goods and items smuggled into Nigeria was N10 trillion by the end of 2017, investigation revealed. A top source in the Nigerian Shippers Council told our correspondent that, while the goods and items smuggled into the country through about 1,500 porous borders increased from over N2 trillion in 2016 to over N4 […]
Nigeria: Over 80% of Herbal Drinks in Nigeria Are Unhealthy
Over 80 percent of herbal drinks in Nigeria are substandard and unhealthy for consumption as they are capable of damaging consumers’ internal organs, according to the National Agency for Food and Drug Administration and Control. Aside from Alomo bitters, which is brewed by a Ghana-based Kasapreko Limited; Origin herbal drink, from the stable of Guinness […]
Unemployment Rate Lowest in 16 Years
As president Donald Trump’s approval ratings continue to decline rapidly, the United States unemployment rate has fallen to 4.3 percent, as of July, according to the Bureau of Labor Statistics, making it the lowest rate in 16 years. The last time the nation has seen the same rate was in May of 2001. However, despite […]
GE Offers Investment In Nigeria’s Refineries
General Electric, GE, a US multinational company, Tuesday in Abuja, proposed to invest in the nation’s three refineries located in Port Harcourt, Warri and Kaduna. GE, in a presentation to NNPC GMD, Dr. Maikanti Baru and his team stated that the company’s teams of partners, including its consortium involving the Engineering, Procurement and Construction (EPC) […]