BUSINESS
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IMF rating confirms resilience of Nigerian economy – Accountant-General
The Accountant-General of the Federation, Alhaji Idris Ahmed, has said that the recent announcement by the International Monetary Fund that…
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Emirates Air Pulls Back On Africa Expansion As Economic Problems Persist
A year ago, the national airline of the United Arab Emirates was flying high on increased business activity between Africa and Asia…
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Amount of Money Illegally Transferred by MTN is “Mind Boggling”, says Lawyer
A Nigerian Lawyer has described the amount of money illegally moved out of Nigeria by South Africa’s MTN Group (MTNJ.J)…
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Nigeria moves closer to broadband revolution
Nigeria has commenced with the second phase of the process of licensing infrastructure companies in five geo-political zones – North…
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Samsung Officially Closes Production of Galaxy Note 7 Effective Today, Project Termed As ‘A Horrible Failure’
With the cancellation of the Galaxy Note 7, not only will Samsung have to address the cost of recalling and disposing million of…
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Femi Otedola Loses $1.3billion, Drops out of Billionaires’ List
Nigerian businessman Femi Otedola has fallen out of the ranking of Africa’s Billionaires after his net worth plunged from $1.8 billion…
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Aero Contractors Risks N16billion Loss to Aviation Crisis
Aero Contractors Airlines, one of the oldest domestic carriers in Nigeria is at risk of losing about N16 billion between September when the…
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Dangote acquires gas processing company in Netherlands
Africa’s richest man, Aliko Dangote has completed the acquisition of Twister B.V., a gas processing company headquartered in the Netherlands.…
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DHL Express is Top Employer in Africa
DHL Express (www.DPDHL.com), the world’s leading international express services provider, has been certified as a Top Employer in Africa by…
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Samsung’s losses from Note 7 disaster keep mounting
South Korean tech giant announced this week it was killing off its flagship Note 7 smartphone. The move came after…
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