Transcorp posted N80.28billion naira revenue in 2017
March 30, 2018 The Transnational Corporation of Nigeria (Transcorp) posted group revenue of N80.28 billion during its financial year ended Dec. 31, 2017. The News Agency of Nigeria (NAN) reports…
Shell to prosecute former senior executive in Nigeria oil bribe
Royal Dutch Shell (RDSa.L) has filed a criminal complaint against a former senior employee over suspected bribes in the $390 million sale of an oilfield in Nigeria, where the company…
N37.76bn irregularity in NNPC remittance to FG account deadlocks FAAC meeting
The Minister of Finance, Mrs Kemi Adeosun, says she is meeting with the NNPC GMD over discrepancies in payment into the Federation Account.This is coming after the Federation Account Allocation…
Rock-solid Fidelity Bank savings hit N170bn in 3 years
Fidelity Bank Plc. on Tuesday says its savings base has increased to N170 billion in the last three years due to the adoption of retail banking strategy, “Get Alert in…
MTN set to go public in Ghana ahead of Nigeria in record IPO
A record wave of stock is heading for Ghana’s market as MTN Group Ltd. is said to prepare to sell a chunk of its local unit to investors for about…
45 Swiss companies in Nigeria employ 9,000 people – Officials
Swiss Economics Minister Johann Schneider-Ammann on Friday ended a two-day visit to Nigeria looking at opportunities to strengthen economic cooperation between the two countries. Some 45 Swiss companies are currently…
How Nigeria can move from potential to reality – Professor Moghalu
Professor Kingsley Chiedu Moghalu, former Deputy Governor of Central Bank of Nigeria, has said that Nigeria needs a worldview that can help it realize its potential. Professor Moghalu stated this…
Teleology finalises takeover of 9mobile, pays $50million deposit
March 22, 2018 Teleology Holdings Ltd., says it is transferring a non-refundable completion deposit of 50 million dollars to the trustees of the bank syndicate presently holding ownership of 9Mobile….
More options for Nigerians as Matrix set to Launch Pre-Owned Devices
March 21, 2018 Smartphone penetration is set to receive a big boost in Nigeria as Matrix, a foremost telecoms company, is on the verge of offering access to a suite…
Globacom assures Nigerians of improved bandwidth
March 21, 2018 The Global Mobile Network Nigeria (Globacom), has assured Nigerians of improved network as the company repositions to serve its customers with better bandwidth. Globacom South East Sales…