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the worst performing stock during the period under review in percentage terms, dropping by 27.67 per cent or N45.90 to close at N120 per share Read more
CAPE TOWN Nov 1 (Reuters) – Nigeria’s largest indigenous oil and gas firm, Oando Plc said pipeline attacks in the Niger Delta over the past Read more
By Oludare Mayowa and Chijioke Ohuocha LAGOS (Reuters) – Nigeria’s largest airline Arik Air plans to nearly double its fleet to 52 planes within 10 Read more
By Philip Odiakose Stanbic IBTC, a member of Standard Bank Group, has said it plans to increase its allocation to the agricultural sector, given the Read more
Qualcomm Inc (QCOM.O) agreed to buy NXP Semiconductors NV (NXPI.O) for about $38 billion in the biggest-ever semiconductor industry deal, expanding the reach of its Read more
Nigeria spends $10 million daily on importation of wheat into the country, just as 90 percent of the total wheat consumed in the country is Read more
Finnish telecom equipment giant Nokia said Thursday it has managed to reduce losses but remained in the red in the third quarter after acquiring its Read more
With the increasing price of kerosene and with the campaign against deforestation gaining more momentum across the cross, Nigerians have been advised to embrace the Read more
White House hopeful Hillary Clinton said the proposed mega-merger of AT&T and Time Warner “raises questions and concerns” and merits further study. AT&T and Time Read more
Hearst said on Wednesday that it is acquiring aviation software firm Camp Systems, in a deal that will boost the storied media firm’s investments in Read more
Dr Pepper Snapple Group Inc (DPS.N) is in talks to acquire Bai Brands LLC, people familiar with the matter said on Wednesday, a move that Read more
Wal-Mart Stores Inc said on Wednesday it will make tens of thousands more items from its online assortment available for same-day store pickup, and will Read more
Chinese package delivery company ZTO Express said it raised $1.4 billion in the biggest U.S. initial public offering of the year on Wednesday as its Read more
Casino mogul Sheldon Adelson said he is prepared to walk away from a deal to build a stadium that would help relocate the National Football Read more
Hollywood executives Jeff Sagansky and Harry Sloan are in advanced talks to acquire magazine publishing company Playboy Enterprises Inc [ICONAP.UL] through an acquisition vehicle they 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
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