BUSINESS
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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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More Customers Receive Cash Prizes in Glo Social Media Competition
Twenty-one more Glo subscribers have been given cash prizes in the social media competition organised by Globacom, tagged #GLOIN60SECONDS. A…
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China’s Huawei sues US over federal ban on its products
Tech giant Huawei on Thursday opened a legal front in its counter-offensive against US warnings that it could aid Chinese…
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Bank stocks see biggest fall in 20 months
The Nigerian banking stocks slumped the most since June 2016 a day after the re-election of President Muhammadu Buhari, as…
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