BUSINESS
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FG partners Dangote, others, sign $1.1bn pact for 540MW plant
The Federal Government and the developers of the 540-megawatts Qua Iboe Power Plant on Thursday signed a Power Purchase Agreement…
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FG recovers $85m Malabu loot from UK
The federal government has announced the recovery of $85 million from the United Kingdom as part of funds allegedly looted…
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Passengers commend AMCON over Arik, Aero intervention
The Asset Management Corporation of Nigeria (AMCON) says it has received commendation from airline passengers for its intervention efforts in…
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IMF to assist Angola in fighting money laundering
Angola’s Central Bank on Thursday said that it had signed agreements with the International Monetary Fund for technical assistance to…
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Porting activities within networks decline by 1,323
The Nigerian Communications Commission (NCC) on Thursday said that Mobile Number Portability (MNP) activities carried out by telecommunications operators decreased…
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Facebook constitutes Nigerian SME Council
Facebook on Wednesday constituted its Nigerian Small and Medium Enterprise (SME) Council, the first on the African Continent. During the…
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Heineken toast to nine-month profits rise
Dutch brewing giant Heineken on Wednesday toasted bubbling net profits in the first nine months, as growing sales in Asia…
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Coca-Cola plans to invest $90m in Kenya
Soft drinks maker, Coca-Cola, says it plans to invest up to 90 million dollars in Kenya over three years through…
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Nigeria’s GDP declines in Q3 and Q4 2016
The National Bureau of Statistics (NBS) in its “Nigerian Gross Domestic Product Report on Expenditure and Income Approach for the…
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Trade volume between Germany, Nigeria falls to €3.5bn
The German Ambassador to Nigeria, Dr Bernhard Schlagheck, on Monday in Abuja disclosed that the volume of trade between Nigeria…
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