Konga @ six: Crashes prices, gives gifts to customers
Konga, Nigeria’s leading e-commerce giant, turns six this month. In line with efforts to mark its numerous outstanding strides and innovations in the Nigerian e-commerce eco-system, the company is celebrating…
Don’t use free tickets to kill Nigeria Air, Runsewe warns
Otunba Olusegun Runsewe, Director-General, National Council for Arts and Culture (NCAC), has called on the Federal Government not to give free tickets to politicians and government officials that would patronise…
Prices of goods may drop as CBN begins sale of Chinese Yuan
The Central Bank of Nigeria (CBN) on Friday launched the sale of foreign exchange in Chinese Yuan (CNY) signalling the consummation of the Nigeria-China Currency Swap Agreement. The CBN acting…
Ethiopian Airline may buy into Nigeria Air
If all goes well, Ethiopian Airline, Africa’s most profitable airline, may be a major investor in the new national carrier, Nigeria Air. With Nigeria, a notorious poor manager of businesses…
Nigeria Air: Nigerians kick at choice of payoff line
Hours after the Federal Government on Wednesday announced the name of the proposed new National Carrier to be “Nigeria Air”, with payoff reading “Bringing Nigeria Closer to the World”, Nigerians…
Mobil faults picketing of its office, says we owe nobody
Mobil Producing Nigeria, a subsidiary of ExxonMobil, has faulted the picketing of its offices by ex-spy policemen, who provided security for the company. The company, in a statement by its…
Stay away from Ponzi Schemes, SEC warns investors
The Security and Exchange Commission (SEC) has again warned against investment in Ponzi schemes and assured Nigerians that it would strengthen the capital market toward an enhanced investors’ value. Ms…
NCC establishes committee to fast-track broadband deployment
The Nigerian Communications Commission (NCC) says it has established Broadband Implementation Committee to fast-track the deployment of infrastructure to raise broadband penetration in the country. Prof. Umar Danbatta, the Executive…
ExxonMobil Lagos office shut by protesting workers
The Lagos headquarters of ExxonMobil has been shut down by the company’s workers’ unions over the sacking of 860 spy police without entitlement. The News Agency of Nigeria (NAN) reports…
IMF sees Nigeria’s GDP rise by 2.3% in 2019
Sub-Saharan Africa has Nigeria to thank for better economic growth prospects next year. The region’s economy will probably expand 3.8 percent in 2019, the International Monetary Fund said in its…