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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
Oil prices came under pressure on Monday as Iraq said it wanted to be exempt from an OPEC deal to cut production, though losses were Read more
The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said on Monday, Read more
After two years of looking to expand, aircraft component maker Rockwell Collins Inc has struck a deal to buy aircraft interior maker B/E Aerospace Inc Read more
OHANNESBURG Oct 24 (Reuters) – South African mobile phone operator MTN Group has suspended dividend payouts from its Nigerian unit, it said on Monday, amid Read more
By Chijioke Ohuocha LAGOS Oct 21 (Reuters) – MTN did not break Nigeria’s currency transfer rules, the South African telecoms firm said on Friday, denying Read more
Oct 21 (Reuters) – Wema Bank Plc : * 9-Months ended Sept 2016 net interest income of 12.79 billion naira versus 13.26 billion naira year Read more
By Nqobile Dludla JOHANNESBURG (Reuters) – South African telecom companies MTN Group and Telkom said on Thursday they opposed a government plan to force operators Read more
A total of 310 youths, including members of the National Youth Service Corps, on Thursday received N930m from the Central Bank of Nigeria to establish Read more
The World Bank yesterday revised upwards its 2017 forecast for crude oil prices, raising it from $53 per barrel to $55 per barrel as members Read more
The Nigerian National Petroleum Corporation has cut the price of every type of crude oil it sells in an effort to regain share of the Read more
A Nigerian oil firm, Petrolex Group, on Thursday said it had entered into a consortium with Wema Bank and the government of Ogun to build Read more
Alphabet Inc’s (GOOGL.O) Google has reached an agreement with CBS Corp (CBS.N) to carry the network on its planned web TV service and is in Read more
The final debate between White House contenders Hillary Clinton and Donald Trump on Wednesday attracted a bigger TV audience than last week’s face-off, but is Read more
The amount of money which South Africa’s MTN Group (MTNJ.J) is alleged to have illegally moved out of Nigeria could be “outrageously higher” than an Read more
In a deal certain to boost confidence in the downstream segment of Nigeria’s oil and gas industry, indigenous downstream company, NIPCO Plc, announced yesterday that it Read more
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