Tuesday , February 20 2018
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Business

Army partners Innoson Motors for war vehicles

THE Nigerian Army said yesterday, that it has formally gone into partnership with Nigerian indigenous motor manufacturing company, Innoson Motors Manufacturing Company for modification of some of its equipment, local production of armoured fighting vehicles and other military hardwares. A statement released late yesterday by the Director, Army Public Relations, …

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US blocks sale of Moneygram to China’s Alibaba

The US has blocked the $1.2bn (£880m) sale of money transfer firm Moneygram to China’s Ant Financial, the digital payments arm of Alibaba. It is the highest profile Chinese deal to be rejected by Washington since Donald Trump came to power. Regulators overseeing foreign investments in the US had refused …

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