BUSINESS
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Nigerians spend $6.6b on telecom services – NCC
Executive Vice Chairman, Nigerian Communications Commission (NCC) Prof. Umar Garba Danbatta says Nigerian telecom consumers spent $6.6 billion in 2016. Danbatta…
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China’s investments in Nigeria ‘exceed’ $13 billion
China’s investments in Nigeria have exceeded $13 billion, Chinese deputy ambassador to the country, Lin Jing, has said. The Chinese…
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NBC Allays Concerns; Releases Official Statement over benzoic acid in Fanta, Sprite
The Nigerian Bottling Company Limited (NBC) has released an official statement to allay public fears on the safety of benzoic…
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NBC revokes licenses of 54 TV, radio stations
The National Broadcasting Commission (NBC) has revoked the licenses of 54 radio and television stations that failed to pay their…
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FG splits NIPOST into 7 zones, 6 business units
The federal government has split the Nigerian Postal Service (NIPOST) into seven zones and six commercial business units. NIPOST spokesperson,…
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Volkswagen targets better year than 2016 even as core brand struggles
Volkswagen (VOWG p.DE) said it was capable of shouldering the costs of its emissions crisis and was targeting an even better…
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Euro zone industry output rises less than expected in January
Euro zone industrial output increased less than expected in January as firms’ higher investment in machinery was partially offset by…
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Dangote opens mining industry in Tanzania
Tanzania has offered Dangote Cement Company land to mine coal in the southeastern town of Mtwara, Tanzania. Aliko Dangote is…
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Nigerian Breweries Commission Upgraded Ota Brewery
Nigerian Breweries Plc on Wednesday commissioned its upgraded brewery in Ota, Ogun State as part of its strategic plan to…
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World Bank to End Food Insecurity in Sub-Saharan Africa
World Bank Group President Jim Yong-Kim on Thursday said the bank was working toward raising 1.6 billion dollars to build…
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