N900bn Debts: AMCON To Publish Names Of Recalcitrant Debtors

Asset Management Corporation of Nigeria (AMCON) will on Wednesday, publish in some national newspapers, the names of about 200 firms and their directors, whose total outstanding bad debts have been put at N900 billion.

According to the corporation, companies to be affected are those that have defaulted on their debt payment obligations to AMCON and failed to respond to its repeated calls for discussions on their repayment plans.

#Dasukigate: Blueprint Newspaper Returns N9m

The Board and Directors of Blueprint Newspaper has returned the N9million it received as compensation from the past administration in 2014 for the seizure of its publications by security agents.

The newspaper announced this in a statement by its Executive Director, Operations, Salisu Umar, on Tuesday.

South Africa Tops ‘Most Promising' Logistics Market In Sub-Saharan Africa

South Africa, Nigeria and Kenya will top the chart amongst the "most promising countries" in sub-Saharan Africa (SSA) for the development of logistics in emerging markets over the next five years, according to a new survey of 1,100 global logistics and supply chain executives.

Zika Virus: Center for Disease Control Advisory Expanded To 28 Countries

The wide-spread of the mosquito-borne Zika virus has become a global concern, with the World Health Organization declaring it global health emergency on Monday. This is the first time the agency has used that classification since the deadly Ebola outbreak in West Africa.

The Organization, has declared a global health emergency for the fourth time in the agency's history due to the ongoing Zika outbreak. The organization is now releasing recommendations for countries facing a Zika outbreak, including new travel measures.

The recommendations include improving communications so that an affected community is reporting possible cases, increasing surveillance of Zika virus infections and taking measures to control the mosquito population.

Pop Star Adele Tells Donald Trump To Stop Using Her Tunes For His Campaign

Pop star, Adele has become the latest to tell Trump to stop pinching her tunes for his campaign.

Donald Trump who is a fan of Adele, has been using the pop star tunes for his campaign and she (Adele) is no fan of the Republican presidential front runner, and has lashed out on him about using her tunes.

African Leaders To Withdraw Its Membership From ICC

Heads of States at the African Union Summit, have backed a Kenyan proposal pushing for a pullout from the International Criminal Court, leaders said Sunday, repeating claims it unfairly targets the continent. Chad’s President Idriss Deby, elected African Union chairman at the two-day summit, criticised the court for focusing its efforts on African leaders, stating that “Elsewhere in the world, many things happen — many flagrant violations of human rights — but nobody cares.”

Coca-Cola Buys Stake In Nigerian Juice And Dairy Company CHI To Accelerate Push Into Africa

Coca-Cola has acquired a minority stake in Nigerian juice and dairy company, CHI, as it looks to accelerate its push in Africa while expanding its collection with healthier alternatives to carbonated drinks.

The company paid around $240m for a 40 per cent stake in the CHI, which is owned by TGI Group, with plans to purchase the remaining 60 per cent within three years. The deal will help the drinks giant strengthen its modest 3.5 per cent share of the Middle East and Africa’s fragmented $8.03bn juice market.