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I made N120,000 from Nigeria-Burkina Faso match – Viewing centre operator

Nigerian television stations are not airing the ongoing African Nations Cup due to a stalemate between the Broadcasting Organisation of Nigeria and the rights owners of the event. In this piece, Udeme...

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Nokia axes dividend to save cash for Lumia push

Finnish mobile phone maker Nokia plans to axe its annual dividend payment for the first time in the company’s recorded history to shore up its cash position against falling sales and buy time for a...

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S’African firm targets East Africa

Ethos Private Equity Limited, South Africa’s oldest private equity firm, is targeting investments in parts of the continent where oil-driven economic growth and a rising middle class are boosting...

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NSE’s index rose by 2.4%

The Nigerian Stock Exchange’s All-Share Index has recorded an increase of 740.95 basis points or 2.4 per cent this week. The Index which opened at 30,842.54 points on Monday, closed on Friday, at...

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Apple shares fall by 12% on growth fears

Apple shares have tumbled by 12 per cent as investors fret over whether the company could lose its dominance in the smartphone market. The British Broadcasting Corporation reported that about $50bn...

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Amazon buys speech-recognition company Ivona

Amazon.com Incorporated said on Thursday that it acquired speech-recognition company Ivona Software, a sign the world’s largest Internet retailer may be looking to develop more services similar to...

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India raises debt limit to spur capital inflows

India took a step to lift capital inflows and avert a debt-rating downgrade by raising a limit on foreign investment in rupee bonds by $10bn to $75bn. Bloomberg reported that the nation boosted the cap...

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Toyota Sienna bus skids off Third Mainland Bridge

A Toyota Sienna bus on Saturday veered off the Third Mainland Bridge and landed in the Lagos Lagoon. The lone occupant and driver of the car sustained serious injuries and was rushed to Lagos State...

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Pirates free five kidnapped Indian sailors

Five Indian sailors kidnapped off Nigeria freed  Five Indian sailors kidnapped when their ship was attacked off the coast of Nigeria last month have been released, the vessel’s operating company said...

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Two footballers killed in Egypt riots

Two Egyptian footballers are reported to be among 27 people killed in riots in Port Said, the director of hospitals in Egypt’s Mediterranean city has said. Violence erupted in Port Said after a judge...

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Tips on maintaining domestic gas cooking appliances

Gas users should pay attention to gas safety when using domestic gas cooking appliances. First of all, you must buy domestic gas cooking appliances, which are approved by the relevant authorities such...

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Banca Monte dei Paschi trades probed in Italy

Shareholders of the world’s oldest bank, Italy’s Banca Monte dei Paschi di Siena, are meeting to approve a state bailout amid revelations that it concealed loss-making risky trades. According to a...

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Pay inter connection charges, NCC tells operators

The Nigerian Communications Commission has told operators in the in the telecoms industry to ensure that they set aside a proportion of the tariffs they collect from subscribers to settle the other...

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Samsung leads mobile phone shipments

Samsung accounted for one in four of all mobile phones shipped worldwide last year, as its shipments rose nearly 20 per cent to 396.5 million, a report says. According to a British broadcasting...

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‘Huge pension funds can’t be left idle’

The Director-General, Lagos State Pension Commission, Mr. Adekunle Hussain, speaks on prevailing issues in the Contributory Pension Scheme, in this interview with NIKE POPOOLA How would you assess the...

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ABU gets golden jubilee stamps

The Minister of Communication Technology, Mrs. Omobola Johnson, has inaugurated golden anniversary commemorative stamps for the Ahmadu Bello University, Zaria. The minister said at a recent event held...

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IITA, Bowen to partner on research, capacity building

The International Institute of Tropical Agriculture Nigeria has resolved to partner Bowen University, Iwo on research, training and capacity building. The decision was made at an interactive meeting...

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Halliburton profits down by 25% in Q4

Halliburton has seen quarterly net income fall 25 per cent year-on-year in the fourth quarter, down to $672m from $907m in the final three months of 2011. The bottom line, garnered from three-monthly...

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NIPOST, pensioners settle dispute

The Nigerian Postal Service has said it is now on the same page with its pensioners after a dispute with former workers of the organisation that saw the postal system closing shop for a short period....

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Davos 2013: ‘Worst over’ says Goldman Sachs’s Lloyd Blankfein

Goldman Sachs chief executive Lloyd Blankfein has suggested the worst of the financial crisis is over in an interview with the BBC in Davos. “I think the moment of crisis is over,” he said, speaking to...

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