BUSINESS
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Mobile In African Economies Now Accounts For 6.7% Of GDP
Africa now has more than half a billion mobile phone subscribers, and it has been the fastest growing telecoms region…
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Eight Banks Post N111.13billion Profit In H1 2016
Eight commercials banks which released results for the six months period ended June 30, 2016, recorded a total profit of…
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Amazon boss Bezos becomes world’s third richest
Strong earnings from Amazon and a boost to the company’s stock have made its founder, Jeff Bezos, the world’s third…
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Diamond Bank Records Stable Growth in 1st Half
Diamond Bank Plc on Thursday released its H1 2016 performance scorecard on the floor of the Nigerian Stock Exchange (NSE),…
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CBN Orders Review of Foreign Currency Loans by Banks
The Central Bank of Nigeria, CBN, has ordered commercial banks in the nation to review of the provision for non-performing loans denominated…
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After rejecting Microsoft’s $45 billion offer,Yahoo Agrees to a buy-out of $4.8 Billion
Verizon, announced on Monday that it was buying Yahoo’s core internet business for $4.83 billion in cash. The deal, which…
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Nigeria Lose N131.13bn Due To Qua Iboe Shut Down
Exxonmobil, the operators of Qua Iboe terminal, which is expected to remain shut in for another month, will see Nigeria…
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Pokémon Go breaks App Store record
Pokémon Go, the augmented reality game that might as well be everyone’s second job, has become the most downloaded mobile…
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CBN directs banks to sell forex to BDCs
The Central Bank of Nigeria (CBN) has directed agent banks to approved international money transfer operators to sell foreign currency…
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NTEL launches fastest router in Nigeria, offers free browsing
Nigeria’s most advanced 4G/LTE network provider, NTEL has launched its internet router across its outlets in Lagos and Abuja, Nigeria’s…
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