Ayo Akinfe
(1) In 2019, US foreign direct investment (FDI) worldwide totalled $5.96trn
(2) Within the US itself, FDI during that period totalled $246bn, with about $125bn of this coming from Japan
(3) Every industrialised nation worldwide takes FDI very seriously because it opens up new markets for their goods, creates ancillary...
Ayo Akinfe
After last night's 6-0 thrashing, there is simply no way Joachim Lowe can stay on as Germany's head coach
One could argue that Lowe is Germany's mist successful manager ever, winning the World Cup in Brazil in spectacular fashion in 2014, including that 7-1 demolition of the home team in front of their fans
In...
WORLD Bank officials have approved a sum of $12bn to help developing countries like Nigeria and other African nations purchase Covid-19 vaccines when they become available most likely by the end of this year.
As soon as the pandemic struck in early 2020, scientists in several countries stepped up work to produce a vaccine...
NIGERIA'S federal government has directed all schools reopening on Monday next week across the country to conduct a weekly Covid-19 risk assessment tests on its pupils and staff to help prevent the spread of the virus.
Like most other nations, Nigeria shut down all her schools when the coronavirus pandemic broke out but with...
INDIGENOUS People f Biafra (Ipob) leaders have warned the five governors of the southeast geo-political zone and the pan-Igbo socio-cultural organisation Ohanaeze Ndigbo that they will live to regret their role in its proscription by the federal government.
Since last year, the relationship between the governors and Ipob has...
NIGERIA'S education minister Mallam Adamu Adamu has become the latest government official flown abroad for medical attention after he was rushed to Germany to undergo treatment for a kidney related procedure.
With what appears to be a recurring problem, Mallam Adamu has now been flown abroad three times in recent months....
EGYPT and China have announced plans to sign a cooperation agreement on the production of a Covid-19 vaccine that would guarantee that the Arab giant will become the African manufacturing hub of any cure developed by the Chinese.
Across the industrialised world, there is a frantic race on to produce a coronavirus vaccine,...
Ayo Akinfe
This is a picture of the chairmen on the three major US automobile companies and their directors outside the White House, taken in December 1941 after the Japanese attacked Pearl Harbour. They had been summoned by President Franklin Roosevelt
Totally unprepared for war, lacking military equipment and not having any...
NIGERIA'S health minister Dr Osagie Ehanire has revealed that the country will benefit from a proposed allocation of 2bn doses of any new Covid-19 vaccine meant for poorer countries when it becomes available.
With more than 22m confirmed coronavirus cases worldwide, out of which more than 700,000 deaths have been recorded,...
NIGERIAN automobile maker the Innoson Vehicle Manufacturing Company has revealed that it has now developed to a stage whereby it uses as much as 60% of locally manufactured components in producing its vehicles.
Based in Nnewi in Anambra State, Innoson is Nigeria's only indigenous car manufacturer and produces a range of...
