The World Trade Organisation (WTO) has found the United States violated global trade rules when it imposed tariffs on products from China and India. In response to a 2012 complaint, the WTO said the US improperly imposed tariffs on Chinese steel and solar panels.
Updated 5 Years ago

In the last few years, digital marketing has given traditional marketing platforms a run for its money. Marketing budgets once heavily skewed toward traditional media are moving online. Ecommerce is booming, brands are opening up stores on Facebook, social commerce is rising, mobile commerce is getting hotter. The digital juggernaut seems ready to flatten out the old guard and take over marketing as a whole.
Updated 5 Years ago

Franchise Players is Entrepreneur’s Q&A interview column that puts the spotlight on franchisees. If you're a franchisee with advice and tips to share, email ktaylor@entrepreneur.com. Mohammed brothers Michael, Dave, Dan, and Joey first became involved with Chronic Tacos when they helped finance the first Canadian location in 2010. After experiencing the franchise's culture firsthand, Calivan Enterprises, a corporation owned by the Mohammed family, bought the company in 2012. Today, each brings his unique skills to the company: Michael with strategic, marketing, and finance endeavors, Dave with marketing, Dan in business development, and Joey in design. Here's what they've learned since taking over the franchise.
Updated 5 Years ago

Nigeria’s N162 billion ($1 billion) mobile Value Added Service (VAS) market is set for significant growth in the next few years, riding on the back of rising smartphone acquisition, the opening of new markets as well as sustained efforts by government and telecommunication companies (telcos) to enhance broadband availability, industry insiders have said. The National Broadband Council is pushing for increased 3G coverage to 50 percent of the Nigerian population by 2015.
Updated 5 Years ago

The Association of Bureaux de Change Operators of Nigeria (ABCON) has kicked against amendments to the new requirements for BDC operations, saying it is an indirect attempt to empower few operators in the sub-sector and consequently force many of the BDC operators into liquidation. Last week, the Central Bank of Nigeria (CBN) amended the new requirements for BDC operations. The deadline for compliance was extended to July 31, while the mandatory caution deposit of N35 million would now attract interest at savings account rate.
Updated 5 Years ago

The naira is expected to maintain its stability this week following foreign portfolio investors’ inflow and improving external reserves, analysts at Cowry Asset Management Limited have said. External reserves rose by 0.2 percent to $38.13 billion as at July 10, 2014 from $38.06 billion as at July 8, 2014.
Updated 5 Years ago

In more ways than one, an individual makes a statement about himself, his class, personality, attitude and taste without necessarily voicing out a word or sentence. One of such ways is the home in which the individual lives. Often times, perhaps, because of other cares of life , a lot of people do not know that the kind of items, especially furniture, they spend their money to buy and keep in their homes say much about who they are and how they think.
Updated 5 Years ago

On Tuesday 1st July, Vivienne Westwood, leading British designer, officially launched her much anticipated red hot uniform collection for Virgin Atlantic. Following the announcement of the partnership last year, Sir Richard Branson, Dame Vivienne Westwood, and Blondie join a host of famous faces at a major red carpet event to see the grand unveiling.
Updated 5 Years ago

Niger Insurance Plc, a Nigeria insurer, ended last year impressively as its audited financial statement showed gross premium income (NPI) spike by 18.69 percent to N9.65 billion from N8.13 billion the preceding year. The growth in NPI was fuelled by efficient underwriting capacities and also a write back of N204.11 million in the review period from a charge of N1.62 billion in the preceding year. For the year ended December 2013, Niger Insurance’s gross premium written increased slightly by 1.06 percent to N10.44 billion from N10.33 billion the same period of the corresponding year (FY) 2012.
Updated 5 Years ago

Afrik Pharmaceuticals plc, an indigenous producer of intravenous solutions, has said investors are rallying resources to ensure the firm takes the lead in the manufacture of intravenous drugs in the country. With an installed capacity of 396,000 litres annually, it has proposed a 300 percent increase within the next 12 months, equivalent to 1.2 million litres of intravenous products yearly.
Updated 5 Years ago