BUSINESS
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Total to spend N40m on soap manufacturing plant in Akwa Ibom
Mr Francois Le-Cocq, Deputy Managing Director, Total Exploration and Production, Port Harcourt, says the company is to spend N40 million…
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Edo to benefit from China’s $60b support
Edo government is to clinch a chunk of the $60 billion proposed Chinese government’s financial support for the African continent.…
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Europe Media says Google, Facebook are news plunderers
Europe’s biggest news agencies accused Google and Facebook of “plundering” news for free on Tuesday in a joint statement that…
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MTN Ghana Raises $236 Million as It Misses Share Sale Target
MTN Group’s unit in Ghana raised 1.1 billion cedis ($236 million), selling about a third of the shares made available…
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Apple Announces Global Recall of iPhone 8 Due to Malfunction
Apple has announced a global recall of the iPhone 8 after it discovered that a “very small percentage” (obviously!) is…
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MMA2 posted losses for 12 years
The Murtala Muhammed Airport Two has been posting losses for the past 12 years, the Chairman, Bi-Courtney Aviation Services Limited,…
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UPDATE: MTN Nigeria replies CBN, refutes claim of illegal repatriation of $8.1 billion
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four…
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Denmark now net importer of oil
Denmark will presently have to get used to being a net oil importer according to figures released by Denmark’s energy…
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CBN slams N5.8bn fine on four banks, ask MTN to refund $8bn
The Central Bank of Nigeria (CBN) has ordered four banks namely Citibank, Diamond Bank, Standard Chartered bank and Stanbic-IBTC, to pay…
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NNPC to establish 200,000bpd condensate refineries
Nigerian National Petroleum Corporation says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per…
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