Senate worries over liquidity crunch in power sector
The Senate Committee on Power has expressed concern over the liquidity crunch in the power sector. It has also expressed doubt over the financial and Read more
The Senate Committee on Power has expressed concern over the liquidity crunch in the power sector. It has also expressed doubt over the financial and Read more
The slow global economy and the health-driven turn against sweet sodas dented Coca-Cola sales for the sixth straight quarter, delivering a 28 percent hit to Read more
Liquidity challenges in Abuja and environs will ease further as Travelex and First Bank begin the sale of Forex to BDCs in the north. The Read more
Some Chinese iPhone owners are giving their old models a makeover to look like the latest iPhone 7, rather than buying new – a trend Read more
As commodity margins flat-line, the number of traders will shrink as existing trading firms consolidate and digital rivals emerge, U.S. consultancy Oliver Wyman said in Read more
Senior executives from the Asia Pacific headquarters of Alphabet Inc’s (GOOGL.O) Google met Indonesian tax officials on Wednesday to negotiate the internet search company’s tax Read more
LG Chem Ltd, the world’s largest automotive battery maker, will enter the fledgling U.S. market for home energy storage through a partnership with rooftop solar Read more
BP plans to ship 1 million barrels of U.S. crude to Thailand and Australia for the first time, three trade sources said on Wednesday, as Read more
Nigeria has received a team of Swedish investors who intend to come into the nation’s economy within the field of smart cities, it and financial Read more
Danish payment processor company Nets has advised local banks to block up to 100,000 credit cards on suspicion their security might have been compromised by Read more
Apple Inc said it was caught off guard by how many people want to buy its biggest smartphone, the iPhone 7 Plus, and the miscalculation Read more
China is expected to step up copper imports in coming months as a weaker yuan opens up arbitrage opportunities and demand picks up, partly fueled Read more
For years, the quiet, winding streets of the Scripps Ranch neighborhood have been pure gold for solar installers. Thanks to its high power prices, hot Read more
Masayoshi Son is nothing if not ambitious. The SoftBank chief executive has pledged to commit $25 billion over five years to a new technology fund Read more
Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even as Read more
Nigeria’s first indigenous and largest automobile manufacturer and West Africa’s largest plastic-processing manufacturer, Innoson Group, is partnering with a consortium of Chinese investors to invest Read more
Alphabet, the parent of internet giant Google, on Tuesday announced it was halting the rollout of its Google Fiber — 1 Gbps fiber optic wireless Read more
The Campaign for Democracy, CD, has given the Federal Government a 14-day ultimatum to lift the ban on rice importation, to help reduce premature deaths Read more
The Federal Government said yesterday that American company, General Electric (GE) would take over the management of the Nigeria Railway Corporation (NRC) under a concession Read more
ExxonMobil, an American multinational oil and gas corporation, has said that its divestment of 60 per cent stake in Mobil Oil Nigeria Plc, to Nipco Read more
A total of 4.5 million Nigerians risked losing their jobs should the 450,000 member Association of Master Bakers and Caterers of Nigeria (AMCON) carries out Read more
The Minister of Communications, Adebayo Shittu, has described the Nigerian economy as one ready for investments, stressing that the atmosphere is conducive. Shittu, who linked Read more
Notwithstanding the concerns of weak trade growth and fleet oversupply in the container shipping market, the firms’ revenue may clinch about $143 billion, going by Read more
The inclusion of oil palm products among the 41 items not eligible for official foreign exchange (forex) at the interbank market may have boosted the Read more
The anti-graft agency in Nigeria says the fight against corruption by the President Muhammadu Buhari’s administration has redeemed the image of Nigeria in the international Read more
They know how you browse the internet, your favourite TV shows and where you shop and travel. Data collected by internet and media companies is Read more
By Tiisetso Motsoeneng and Camillus Eboh JOHANNESBURG/ABUJA (Reuters) – MTN Group’s next chief executive will take over three months early, the South African telecoms company Read more
Oil majors including Statoil, Shell and Chevron are experimenting with various technologies, from drones and drill design to data management, to drive down costs and Read more
Nigeria is a well-known leading oil producer and a key member of the Organisation of Oil Producing and Exporting Countries (OPEC). It is the highest Read more
Could Paris, the City of Light, soon become known as the City of Innovation helping propel young entrepreneurs to push technological and business frontiers? While Read more
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