BUSINESS
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MTN’s earnings plunge over NCC’s fine
South African telecoms giant MTN said Thursday that headline earnings last year fell by 51 percent, weighed down by $600…
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Dangote Cement posts N181.3bn profit, declares N8 dividend
Dangote Cement Plc has declared a Profit After Tax of N181.3 billion for the financial year ended December 31, 2015.…
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Nigeria, Iraq Lead Decline As OPEC Oil Production Slides
The Organization of Petroleum Exporting Countries, OPEC, crude production slid in February from the highest level in Bloomberg data, going…
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What The Whatsapp Bombshell Means For Africa
In a blog post soon after celebrating its seventh anniversary, WhatsApp dropped a bombshell, saying it plans to stop supporting Blackberry and Nokia devices…
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Whatsapp To Discontinue Operation On Blackberry, Nokia Phones
Whatsapp, the world’s most popular instant messaging service with over 1 billion subscribers has announced that it will be discontinue on…
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Naira Continues Appreciating Against Dollar
The Nigerian Naira on Wednesday appreciated to N300 per dollar up from N310 per dollar at the end of business…
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Senate Set To Probe DSTV
The Senate yesterday said it will investigate Multichoice Nigeria, a subsidiary of South African-based Multichoice Africa, owners of DSTV over…
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8 Of The Richest Nigerian Banks By Assets
Lagos, Nigeria, was identified in 2014 as one of the new finance hubs of the future. Just a year later, JP Morgan…
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IMF calls on Buhari to lift forex restrictions
The International Monetary Fund (IMF) called on Wednesday for Nigeria to lift foreign exchange curbs and let the naira reflect…
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MTN Nigeria makes conciliatory payment
MTN Nigeria has made a good faith payment of 50-billion Naira (US$250-million) to the federal government. In a cautionary announcement the…
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