BUSINESS
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HP Concludes Deal to Buy Samsung Printer Business for $1.5bn
Few months into splitting Hewlett Packard (HP) company into two divisions, HP Incorporated and HP Enterprise, the company monday, closed…
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Iroko launches African Multi Platform Network
African digital entertainment company, Iroko yesterday launched a Multi-Platform Network (MPN) it says will provide a framework and platform for…
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Samsung recalls Note 7 flagship over explosive batteries
Samsung Electronics is recalling its flagship Galaxy Note 7 smartphone and said that battery problems were behind phones catching fire.…
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Economic recession: Banks, insurance firms slash workers’ salaries
Hit by the current economic recession in the country, most money deposit banks and insurance firms have slashed their workers’…
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Ex staff sues Volkswagen for $11m
A former top Volkswagen manager and engineer has filed a multi-million-euro lawsuit against the car giant in a dispute over…
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Air Peace begins flight operations to Benin and Accra
Air Peace has announced its entry into the Benin, Edo State and Abuja routes from September 9 as part of…
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Crashing Economy: Aero Contractors Shuts Down Operations Indefinitely
Nigeria’s second largest commercial airline, Aero Contractors, has sent its workers involved in scheduled services on indefinite leave due to…
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GTBank Results Reveals Innovative Strategy
A review of this year’s half performance shows that the Bank recorded positive growth across all key financial metrics, a…
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Banks Clarify Forex Sanction Reports as CBN Re-Admits UBA into Market
Some banks on Wednesday clarified their positions on the suspension from the foreign exchange market transaction by the Central Bank of…
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Banks’ Electronic Transactions Hit N33.8trillion in Q2 2016
The National Bureau of Statistics, NBS, has revealed that the banking sector transacted a total of about N33.8 trillion through…
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