Concerns Raised Over Nestle Nigeria’s Liabilities and Intercompany Loans During the release of Nestle Nigeria’s annual report, a shareholder expressed concerns regarding the company’s liabilities and the accumulated interest on its loans. Specifically, attention was drawn to the intercompany loans taken by Nestle Nigeria. According to the annual report, Nestle Nigeria disclosed that its unsecured […]
Category archives: News
According to the NITDA, Nigeria receives a significant portion of Africa’s foreign direct investment, amounting to 30%.
Hilda Baci firmly believes that cooking is her divine calling from God.
Full text of Xi Jinping’s keynote speech at China-Central Asia Summit
Chinese President Xi Jinping on Friday delivered a keynote speech at the China-Central Asia Summit held in the city of Xi’an, northwest China’s Shaanxi Province. The following is the full text of the speech: Working Together for a China-Central Asia Community with a Shared Future Featuring Mutual Assistance, Common Development, Universal Security, and Everlasting Friendship […]
G7 will hurt itself being accomplice of economic coercion
By Zhong Sheng, People’s Daily To pressure China is reportedly to be one of the core topics of the Group of Seven (G7) summit to be held in Japan’s Hiroshima. The summit is likely to attack and smear China in the name of “obeying the rules” and “taking responsible actions.” Blinded and instigated by the […]
CSOs vow to drag Buhari to court over appointment of NEDC MD, Board members
Civil Society Groups on Monday asked President Muhammadu Buhari to reverse the appointment of Board members of the North East Development Commission, NEDC and the Managing Director within 72 hours or face legal action.The group said the President through his actions bypassed the Senate to make such appointments contravention of constitutional provisions.The CSOs made the […]
Lagos Hotel Raid Leads to NDLEA’s Arrest of Drug Baron and Seizure of N567m Worth of Drugs
Buhari arrives commissioning of Dangote Refinery
Champions Man City feel ‘unstoppable’ says Grealish
Flagship factories of foreign companies in China indicate country’s optimized structure of foreign investment attraction
By Kong Dechen China’s actual use of foreign capital in high-tech industries grew 18 percent year on year to 156.71 billion yuan ($22.34 billion) in the first quarter this year. More and more multinational corporations have invested in Chinese high-tech industries and established their global flagship factories in the country, which mirrored the importance they […]