Learn Africa records 60% market share
Learn Africa Plc, formerly Longman Nigeria Plc, has reported that it controls about 60 per cent market share in the publishing industry. This, according to the management of the company, is recorded...
View ArticleUS equities extend gains
Stocks extended gains, with the Nasdaq briefly gaining one per cent and the S&P near session highs as weaker-than-expected economic data kept afloat the belief stimulus measures by central banks...
View ArticleNAMA deploys radar control device to monitor airspace
The Nigerian Airspace Management Agency on Thursday announced the successful deployment of its surveillance instrument for area radar control of the nation’s entire airspace. NAMA said the area radar...
View ArticleGenting Q1 net profit losses 43%
Genting Bhd, Malaysian gaming and plantation group, posted a 42.6 per cent fall in first-quarter profit, normalizing after a one-off gain from the disposal of its oil and gas units in the same quarter...
View ArticleJapan public pension mulls shift after stock rally
Japan’s public pension fund — a pool of over $1tn — is considering a change to its portfolio strategy that could allow its investment in domestic stocks to grow with a rallying market, according to...
View ArticleEmerging market stocks advance
Emerging-market stocks gained for a third day as higher oil prices boosted energy producers and reports in the United States spurred confidence in the global recovery. South Africa’s rand dropped to a...
View ArticleBaileys comes in new bottle
Baileys, the Irish cream drink from Diageo now comes in a new-designed bottle. The new bottle is described as ‘shoulders high’. According to a statement by the General Manager, Diageo Brands Nigeria,...
View ArticleFG targets increase in broadband Internet penetration
The Federal Government is currently working towards achieving fivefold increase in broadband Internet penetration in the country by 2018. President Goodluck Jonathan disclosed this on Thursday at the...
View ArticleSON seizes N50m substandard building materials
The Standards Organisation of Nigeria on Thursday raided the building materials market located in Dei-Dei, Abuja. The raid, which was carried out by a team led by the Regional Coordinator, North...
View ArticleSeme Cargo scanner is idle – Firm
The General Manager, Operations, Global Scansystems Limited, Mr. Hassan Adeogun, said the mobile cargo scanner at the Seme border post had been underutilised since 2006. Adeogun told newsmen during a...
View ArticleGlu Mobile dips toe in US real-money games
Glu Mobile Inc will allow United States players to win cash in one of its mobile games starting next month, betting that cash-based contests will be a winning formula to expand revenue in the fledgling...
View ArticleChina’s appetite for pork spurs $4.7bn Smithfield deal
China’s Shuanghui International plans to buy Smithfield Foods Incoporation for $4.7bn to feed a growing Chinese appetite for United States pork, but the proposed takeover of the world’s No. 1 producer...
View ArticleSmart entrepreneurs seek profitable opportunities –Israel
Mr. Ade Israel is the Chief Executive Officer of agro export company Business Craft Limited. In this interview with SIMON EJEMBI, he speaks on untapped opportunities in export, his experiences and what...
View ArticleMotorola hits comeback trail with new phone
Motorola plans to launch a new, made-in-the-United States smartphone, CEO, Dennis Woodside, said on Wednesday, confirming speculation the once-dominant cellphone maker intends to make a comeback in the...
View ArticleElectricity: FG signs $30bn MoU with Korean firm
As part of efforts to boost the country’s power generation capacity, the Federal Government on Friday signed a $30bn Memorandum of Understanding with HQMC Korea Company Limited. The Minister of Power,...
View ArticleMay & Baker plans to raise fresh funds
The management of May & Baker Nigeria Plc has announced plans to seek fresh funds to support its effort aimed at business expansion. The company said that the additional capital would also be used...
View ArticleBanks should prepare for crowded mobile-wallets market – Group
Banks and financial institutions introducing mobile wallets in the immediate future should expect to enter a hotly contested market, crowded with own-brand solutions that are limited to the delivery of...
View ArticleBFBL takes brand activation to schools
The annual brand activation programme of the Bobo Food and Beverages Limited is targeting schools in Nigeria. In a release announcing the commencement of the programme, the Marketing Manager, Bobo...
View ArticlePeople feel we can’t be trusted with money — Daniel
Mr. Tunde Daniel is the 28-year old Chief Executive Officer of GPHS Realtors; he tells MOTUNRAYO JOEL why budding entrepreneurs must be professional in dealing with their customers How long have you...
View ArticleFG to terminate Ikorodu-Sagamu Road contract
The Federal Government will soon terminate the reconstruction contract of the Ikorodu-Sagamu Expressway, the Minister of Works, Mr. Mike Onolememen, has said. Onolememen disclosed this when the...
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