BUSINESS
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Elumelu Foundation disburses $15.2m to empower 3,050 entrepreneurs
The Tony Elumelu Foundation disburses $15.2m to empower 3,050 entrepreneurs Foundation (TEF) has disbursed 15.25 million dollars to 3,050 selected…
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Nigerian Breweries pioneers first solar powered brewery in Africa
Nigerian Breweries (NB) and CrossBoundary Energy have signed Heineken’s first solar project in Africa, the first of its kind for…
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Call rates may rise as telcos mull tariff review
Telecommunications operators are considering a review of call tariff in selected states in the country, investigations have revealed. The new…
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NNPC plans to extend gas pipeline to Algeria
The Nigerian National Petroleum Corporation is considering extending the ongoing Ajaokuta-Kaduna-Kano gas pipeline system across the Sahara to Algeria in…
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Mouka Foam opens another sleep galleries
Mouka Limited has further deepened its foam market share by opening another sleep gallery at its corporate head office in…
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Lagos-Ibadan railway: Chinese contractors return to Nigeria after elections
Chinese contractors of the China Civil Engineering Construction Corporation who are constructing the Lagos-Ibadan rail project have returned to Nigeria,…
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AMCON threatens to disengage asset partners over N740b debt recovery
The Managing Director/ Chief Executive Officer, Asset Management Corporation of Nigeria, Mr Ahmed Kuru, has said the corporation may disengage…
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Buhari orders NNPC to take over operation of OML 11 from Shell
President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation to take over the operatorship of the entire Oil Mining…
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Nvidia Set to Acquire Mellanox for $6.9 Billion
Nvidia has won the battle to acquire Ethernet and InfiniBand switching components giant Mellanox Technologies, beating off the likes of…
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MTN joins OEM market, launches feature smartphone
MTN has joined other Original Equipment Manufacturers to launch a smart feature phone in a bid to deepen Internet penetration…
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