Business

Drug Suspect Made N300K Per Month From Begging In Nigeria

Nigeria, Lagos – A suspected drug addict reveals to have been making more than N300,000 per month from begging in Ikeja. The Rapid Response Sqaud of Lagos State Command said the 56-year-old Kehinde Olatubosun along with eighteen other drug addicts were arrested Saturday night. Olatubosun said he managed making more than N10,000 daily by begging at Lagos State University Teaching ...

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Tanzania Bans Indian Injectable Medication Marketed By Lincoln Pharma

Dar es Salaam – Injectable medication of Indian drug company Lincoln Pharmaceuticals has been banned in Tanzania and this resulted with the fall in its shares in home country. On Bombay Stock Exchange (BSE) its shares dropped by 19.96 percent. The company revealed its business has fallen due to the imposed ban to Chloramphenicol Sodium Succinate Injection that is used ...

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Tough Roads Ahead For Taiwan’s Newly Elected President Tsai Ing-Wen

Taiwan – Its an important milestone for the democracy of Taiwan. The victory of Tsai Ing-wen of the Democratic Progressive Party (DPP) in the election over the weekend is said to be a game changer. The DPP was founded in 1986 and since then it was always in the opposition in the legislature. This is the first time the party ...

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China Expected To Post Slowest Economic Growth In Quarter Of A Century

It is time for Chinese policymakers to take some bold, or even right to say some bolder, decisions to ward off fears of a sharper slowdown of economy. On Tuesday the country is to come up with its quarterly economic growth and it is expected to be the weakest in about seven years. Worries have been stocked from Washington to ...

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Tigo Tanzania Shares Profit With Tigo Pesa Users In 7th Quarter In A Row

Tigo Tanzania mobile operator is distributing profit to mobile financial services users. It has announced $2.1 million to its 4.6 million Tigo Pesa users. This is the 7th quarterly payment in a row that is generated from profit of the Tigo Pesa Trust accounts held with major commercial banks in the country. According to head of finance and risk for ...

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Tanzania Bans Dozens Radio, TV Stations For Failure Paying License Fees

Dar es Salaam – Twenty radio stations and six television stations have been banned for three months in Tanzania for various reasons including failure in paying license fees. The Tanzania Communications Regulatory Authority (TCRA) said the order will be in effect from January 18. It is said the TCRA had issued several letters since July last year to over forty ...

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Chinese Factories Still Struggling With Weaker Demands

For the 10th straight month the factory activity in China and survey across the continent show industry struggling due to decrease in demands of finished products. The tensions between Saudi Arabia and Iran have further exacerbated the economic situation in Asian countries as investors are now seen scurrying from stocks to safe havens like Japanese yen. In December the Japanese ...

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