BUSINESS
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Foreign airlines raise ticket fares over new dollar exchange rate
The international airfares from Lagos to various destinations across the globe have recorded a further increase following the announcement of…
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Nigeria’s oil sector launches $200m local content intervention fund
A $200 million (N61 billion) fund to finance contracts obtained by Nigerian firms working in the oil and gas sector…
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Telecom Operators lament over loss of subscribers in porting activities
Although the excitement over number portability may be waning, nonetheless, Mobile Network Operators (MNOs) has lamented over the continuous loss…
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FG supports bailout for oil, gas firms with $200m
The Federal Government on Thursday launched a fund with an initial value of $200m to support local oil and gas…
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Samsung Head Lee Jae-yong sentenced to 5 Years in Jail
A court on Friday sentenced the billionaire head of South Korea’s Samsung Group, Lee Jae-yong, to five years in prison for…
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Dangote, Niger State sign MoU on sugar production
In a way to attain self-sufficiency in sugar production, the Dangote Group yesterday at the Government House Minna, signed a Memorandum…
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Samsung shares flat after Galaxy Note 8 launch
Shares in Samsung Electronics ended almost unchanged on Thursday, with analysts underwhelmed by its new Galaxy Note 8 device and…
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9mobile confirms network disruption in Nigeria
Emerging Market Telecommunications Services Ltd.,(EMTS) trading as 9mobile former Etisalat, has informed its subscribers of some disruption in its services.…
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Shell Nigeria to start gas production
Anglo-Dutch oil major Royal Dutch Shell has started gas production from the second phase of the Gbaran-Ubie project in Nigeria’s…
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SEC, NSE urges law firms to list shares on capital market
The Securities and Exchange Commission and the Nigerian Stock Exchange say legal firms should consider the option of listing their…
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