BUSINESS
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IHS Towers Invests $4billion into Telecoms Sector
Giant mobile telecoms infrastructure provider in Middle East, Africa, and Europe, IHS Towers, has injected $4billion in foreign direct investment,…
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Tech Gains Rapid Growth in 2016; African Industries Investors Should Watch Out
Emerging markets, particularly those in Africa, should be a central focus for any investor right now. Major brands are establishing footholds…
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THE TRUTH ABOUT THE TOMATO CRISIS IN NIGERIA – CHIEF ERIC UMEOFIA
By Janice Johnson Chief Eric Umeofia, the Chief Executive Officer of Erisco Foods Limited has described as false the wild…
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SONA GROUP SHINES AT 2016 FOOD AND BEVERAGES EXHIBITION IN LAGOS
By Janice Johnson The Sona Group of Nigeria stand was a bee-hive of activities as it attracted a lot of…
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MTN Shares Crash by 2.6% at Johannesburg Stock Market Over Suspended Fine Talks
The shares of South African telecommunications giant, MTN, plunged after Nigerian government suspended talks about a $3.9 billion fine. The…
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The World’s Most Valuable Soccer Teams 2016 – Forbes
Escalating payouts from television agreements, shirt and kit deals, sponsors, and the Champions League are continuing to fuel higher values for…
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Commercial Bank’s Non-performing Loans Rise To N650billion
The Central Bank of Nigeria, CBN, has revealed that the non-performing loans, NPL, ratio of the banking industry jumped to…
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ExxonMobil Shuts Terminal, Evacuates Workers Due to Militant Threats
According to reports, ExxonMobil’s Qua Iboe crude oil terminal which has been Nigeria’s largest oil export company, producing more than…
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Emirates Group Records New Profit Of $2.2 billion
Emirates Group records 28th consecutive year of profit, and new record profit of AED 8.2 billion ($2.2 billion); steady business…
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ESPN Sees Record Digital Traffic in Nigeria
ESPN, the leading digital sports brand globally, logged record traffic in Nigeria for April for the second consecutive month. 5.7…
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