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Nigeria’s Export To Diaspora Growing

Nigeria’s Export To Diaspora Growing

Data from THISDAY reveals Nigeria’s exports via air has expanded, the majority sent over to the Nigerians abroad. Nigerians living in Diaspora look for native food items and other products, according to Basil Agboarumi, CEO of Skyway Aviation Handling Company. Almost all the products go to Europe and the United States, he said, stating countries […]Read More

Kenya’s Flight to France Reopens

Kenya’s Flight to France Reopens

Kenya airways (KQ) revealed its program to restart flights to France. Scheduled to reopen March 17, the direct flights will proceed from Nairobi’s Jomo Kenyatta International Airport to Charles De Gaulle airport in France. With tickets at competitive prices, Kenya carrier will resume with one flight a week; adding flight numbers depending on demand. In […]Read More

Michaels Retailer To Go Private

Michaels Retailer To Go Private

Michaels Company announced on March 2 that it has come to terms with Apollo Global Management to take part in a $5 billion transaction. In a bid, Apollo will acquire Michaels’ stock  at $22 per share in cash. The craft retailer company will again go private; it also went private in 2006 (acquired by Blackstone […]Read More

Asia Well Behind Europe in EV

Asia Well Behind Europe in EV

Fitch Solutions recently announced although China is amongst top contributors to electric vehicle (EV) industry, Asia drops behind Europe. Head of Autos Research at Fitch Solutions, Anna-Marie Baisden, said this is because the governments in Europe are taking bigger steps to expand in EV market. When it comes to EV business in Asia, China comes […]Read More

India’s Economy Back on Track

India’s Economy Back on Track

There is a fast expansion in India’s economy, revealing recovery, Narendra Modi, India’s economic advisor said recently. The figures in economy have improved: a growth by 0.4% year over year in the fourth quarter. This is while the second and third quarters saw a recession, 7.3% and 24.4% respectively. Subsequent to the latest GDP data, […]Read More

Porsche to Fundraise on Rimac

Porsche to Fundraise on Rimac

Volkswagen (VW) unit Porsche will join the funding session of Rimac Automobili Car Manufacturer to collect 157 million to $181 million, as stated by Mate Rimac. Scheduled to finish within 2 to 3 months, a new fundraising session will be held at the end of 2021, he said. Porsche’s stake in Rimac Automobili, 15.5%, could […]Read More

Flydubai Plans to Develop Flights in Romania

Flydubai Plans to Develop Flights in Romania

Next Month, Flydubai Airline will launch service to Cluj-Napoka, Romania’s second biggest city. As of March 20, the carrier will run twice a week between DXB (Dubai) and CLJ (Cluj) airports. Dubai Aviation Corporation already flies twice a day between Dubai International and Bucharest. The number of flights to Romania will reach 16 a week overall as […]Read More

Etsy’s Premature Profitability

Etsy’s Premature Profitability

Josh Silverman, CEO of Etsy Company, in an interview with CNBC on February 26 said it’s not clear what  2021 will be like pandemic wise but the company will generally outrun. He continued there was a dramatic growth in e-commerce last year, with a rise of more than 40% year over year; and Etsy managed […]Read More

PepsiCo’s Cocktail Mixers To Be launched in A Month

PepsiCo’s Cocktail Mixers To Be launched in A Month

A new brand, named Neon Zebra, will start up soon under PepsiCo, the American food and beverage company. The initiative of at-home beverage began two years ago, well before the pandemic. Cocktail mixers, over 52 weeks ending on February 13, saw a rise over 36% compared to a year ago. Likewise, the Coca-Cola Company launched […]Read More

Gambia’s 2025 Target For Power Access

Gambia’s 2025 Target For Power Access

Speaking in Brikama on 20MW plant project, the Gambian president Adama Barrow said a noticeable number of the population have no access to electricity although the government has made efforts to resolve the issue since 2017. He stated the government will provide access to electricity for 685 communities in the country over the next 3 […]Read More

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