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Adesina
Business

AfDB: Adesina fights back on corruption accusations, US demands independent probe

The Daily Leaks

The president of the African Development Bank (AfDB) Akinwumi Adesina has pledged to continue working as he fought back against allegations of corruption and favouritism leveled against him. Anonymous whistleblowers had accused Adesina of embezzlement, preferential […]

Billionaires
Business

How world’s 25 top billionaires gained nearly $255 billion in two months

The Daily Leaks

The world’s super rich are a whole lot richer than they were two months ago. Twenty five of the wealthiest people on Forbes’ list of the world’s billionaires are worth a whopping $255 billion more […]

Reform
Business

France adopts law officially ending 75 years of CFA Franc in West Africa

The Daily Leaks

After dominating some West African states economy for 75 years, a historic monetary reform is underway, as a bill seeking to end the era of CFA franc has been adopted by the French Council of […]

GDP
Business

Nigeria’s GDP grew by 1.87% in first quarter — NBS

The Daily Leaks

The National Bureau of Statistics (NBS) has said that the Nigeria’s Gross Domestic Product (GDP) grew by 1.87 per cent year-on-year in real terms in the first quarter (Q1) of 2020. The NBS disclosed this […]

Colin Zheng Huang
Business

Huang, 40-year-old billionaire, emerges China’s third richest man

The Daily Leaks

China’s third richest man is a relative new kid on the block, and one of the country’s youngest billionaire entrepreneurs, has emerged the third richest in the country. Colin Zheng Huang, age 40, founded online […]

Johnson
Business

Johnson & Johnson discontinues talc baby powder in US, Canada, as lawsuit on alleged asbestos contamination affects sales

The Daily Leaks

Johnson & Johnson discontinued its legacy talc-based baby-powder products in the U.S. and Canada after thousands of suits alleging asbestos contamination led to a decline in sales. The health-care giant said Tuesday it had stopped […]

Enterprises, Osinbajo
Business

Nigeria’s COVID-19 fallout: Osinbajo highlights FG’s palliative for MSMEs

The Daily Leaks

Nigeria’s Vice President Yemi Osinbajo, said the Federal Government has setup palliatives to assist Micro Small and Medium Enterprises (MSMEs) survive the economic fallout of the COVID-19 pandemic. V. P. Osinbajo said that the palliatives […]

Boris Johnson
Business

Boris Johnson eases lockdown, tells people to go back to work, in plan to restart UK economy

The Daily Leaks

The British Prime Minister, Boris Johnson, on Sunday, called on people across the UK, to return to work if they cannot do so from home, as he laid out his vision for gradually restarting the […]

IMF
Business

IMF approved $1.2305 billion emergency loan for Kenya, Uganda amid coronavirus pandemic

The Daily Leaks

The International Monetary Funds (IMF) on Wednesday approved a $739 million emergency loan for Kenya and $491.5 million for Uganda, totalling $1.2305 billion, as the East African countries deal with the coronavirus pandemic. Both face […]

Petrol
Business

Nigeria reduces ex-depot price of petrol from N113.28k to N108.00k per litre

The Daily Leaks

Nigeria’s government has announced a reduction in the ex-depot price of its Premium Motor Spirit (PMS) also known as petrol, across all its products loading facilities. The National Petroleum Corporation (NNPC), making the announcement on […]

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