Updates

Nigerian Breweries Launches Ace Desire, a Zobo Flavoured Alcoholic Drink

July 7, 2017/TPT International Nigerian Breweries Plc, the foremost brewer in the country has raised the bar in the Ready-to-Drink (RTD) market with the launch of “Ace Desire,” the first zobo-flavoured alcoholic drink into the Nigerian market. Marketing Director, Nigerian Breweries Plc, Mr. Franco Maria Maggi, explained to Journalists at […]

Banks lost N2.2bn to electronic fraud in 2016, CBN says

July 7, 2017/Daily Trust By Kayode Ekundayo The Central Bank of Nigeria (CBN) has said the Nigeria InterBank Settlement System (NIBSS) recorded over 1,200 per cent increase in  reported fraud cases in 2016, estimated at N2.19 billion when compared to 2014 cases. According to ‘Dipo Fatokun, CBN’s Director, Banking and […]

IMF warns South Africa over economy’s vulnerability

6/7/2017/Reuters By Mfuneko Toyana The International Monetary Fund warned South Africa on Thursday its economy is extremely vulnerable to external shocks and funding shortfalls, although it stuck by its earlier growth forecast of 1 percent this year. In an executive report following a country visit in the last week of […]