Top 10 Most Expensive Transfers of 2016/2017 Summer Window  

The summer transfer market have closed across Europe with clubs employing and offloading players. Here are the top 10 most expensive transfers of the 2016/2017 summer window. 1.      Paul Pogba      Juventus to Manchester United          €105m 2.      Gonzalo Higuaín         Napoli to…

First Nation Airlines Shuts Down Operations

Barely 24 hours Another domestic carrier, Aero Contractors Airlines, suspended operations, another airline, First Nation Airlines, on Thursday shut down its operations, the Nigerian Civil Aviation Authority (NCAA) has said. Aero Contractors Airlines, Nigeria’s second largest commercial carrier, announced an…

Breaking: Innoson Motors Shut Down Production

As the economic situation in Nigeria continues to bite harder, Nigerian foremost vehicle manufacturing company,  Innoson has shut down production due to forex related issues. Investigation reveals that Innoson Vehicle Manu­facturing (IVM) cannot buy im­ported automotive components, a situation that…

Economy Will Beat IMF prediction – Presidency

The Presidency has said that  Nigerian economy will beat the International Monetary Fund’s prediction. “The IMF had forecast a growth of -1.8% for 2016. However, the economy is performing better than the IMF estimates so far. For the half year,…

Inflation Accelerates to Highest in Almost 11 Years

Nigerian inflation accelerated for the ninth consecutive month in July, adding to pressure on the central bank to continue raising interest rates even as the economy deteriorates. The inflation rate in West Africa’s largest economy increased to 17.1 percent from…