BUSINESS
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Femi Otedola Loses $1.3billion, Drops out of Billionaires’ List
Nigerian businessman Femi Otedola has fallen out of the ranking of Africa’s Billionaires after his net worth plunged from $1.8 billion…
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Aero Contractors Risks N16billion Loss to Aviation Crisis
Aero Contractors Airlines, one of the oldest domestic carriers in Nigeria is at risk of losing about N16 billion between September when the…
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Dangote acquires gas processing company in Netherlands
Africa’s richest man, Aliko Dangote has completed the acquisition of Twister B.V., a gas processing company headquartered in the Netherlands.…
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DHL Express is Top Employer in Africa
DHL Express (www.DPDHL.com), the world’s leading international express services provider, has been certified as a Top Employer in Africa by…
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Samsung’s losses from Note 7 disaster keep mounting
South Korean tech giant announced this week it was killing off its flagship Note 7 smartphone. The move came after…
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Guinness Launches Malta Guinness Herbs Lite
Looking for a distinctive refreshing malt drink that is filled with goodness and contains considerably less sugar than all other…
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China lead US in numbers of billionaires
China’s annual rich list has indicated that, once again, the country has more dollar billionaires than the US, and the…
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CBN orders commercial banks to suspend all sales of forex to BDC except first bank
The Central Bank of Nigeria (CBN) has suspended all the banks, with the exception of First Bank, from selling dollar…
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Samsung shares suffer crash due to Galaxy Note 7
The impact of pulling its Galaxy Note 7 smartphones off the market has hit Samsung Electronics Co Ltd very hard.…
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Samsung Advice Owners of Galaxy Note 7 to turn off device
Samsung has urged owners of the Galaxy Note 7 to turn off its high-end smartphone while it investigates new reports…
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