Bill Gates dethroned, now third richest man in the world
Bill Gates has been unseated as the second richest man in the world, losing the position to Bernard Arnault, the chairman and CEO of LVMH. The everything shop owner Jeff…
Gbajabiamila tasks Hauwei on technology transfer, local content
The Speaker of the House of Representatives, Mr Femi Gbajabiamila, has urged Huawei Technologies Nigeria to ensure adequate local content in its manufacturing activities in the country. Gbajabiamila gave…
Renault to assemble cars in Nigeria, targets middle class market
French car giant Renault plans to assemble two low-cost vehicles in Nigeria via a joint venture with the local conglomerate Coscharis, a Renault statement said Thursday. Renault, which claims an…
It’s an insult for Ethiopian Airlines to help Nigeria set up own airline – Air Peace Chief
Mr Allen Onyema, Chairman, Air Peace, says Nigeria does not need the assistance of any foreign airline to establish a new national carrier for the country. He described the recent…
Konga grows by over 800%, cuts losses
Nigeria’s leading composite e-Commerce giant, Konga has re-invented itself achieving an increase in turnover by over 800 per cent after seeing a drastic reduction in losses over the past 18…
Mass sack at Ecobank: Staff protest, plead for FG intervention
The gale of sack that swept over 900 staff at Ecobank recently has forced about 60 of Kaduna Eco Bank staff on Monday to take to the streets to protest…
Digital Bridge Institute, Cisco partner against cybercrime
The Digital Bridge Institute (DBI) says it is collaborating with the Cisco Networking Academy to intensity awareness on cybercrimes. The Acting Administrator, DBI, Mrs Viola Usoro, said this on Tuesday…
Airtel Africa’s secondary listing on NSE holds Monday, gets SEC’s nod
The Securities and Exchange Commission (SEC) has finally approved the planned secondary listing of Airtel Africa Plc on the Nigerian Stock Exchange (NSE). A source close to the transaction told…
Capital importation to Nigeria stands at $8.48bn in Q1 2019; UK is top source
The National Bureau of Statistics (NBS), said that the total value of capital importation into Nigeria stood at 8,485 million dollars in the first quarter of 2019. The United Kingdom…
Chevron: We have spent over N5.5bn on Ijaw communities
The NNPC/Chevron Joint Venture says it has contributed over N5.5 billion through its Global Memorandum of Understanding (GMoU) to the Egbema and Gbaramatu Communities Development Foundation (EGCDF) in Delta. Mr…