Resourcery signs partnership agreement with AirWatch
Information Technology company, Resourcery Plc, has signed a major partnership agreement with AirWatch, a global player in mobile security and enterprise mobility management. In a statement on Monday,...
View ArticleOrders for US durable goods drop
Orders for the United States durable goods fell more than forecast in July after three months of increases, indicating manufacturing will be slow to strengthen. Bookings for goods meant to last at...
View ArticleNIMASA, NAF sign MoU on maritime domain security
The Nigerian Maritime Administration and Safety Agency and the Nigerian Air Force have endorsed a Memorandum of Understanding to promote safety and security in the country’s maritime domain. This is in...
View ArticleIslamic finance body sells debut $490m sukuk
A consortium of central banks from Asia, the Middle East and Africa has taken a first step towards developing a cross-border market in Islamic financial instruments by issuing a $490m sukuk. Reuters...
View ArticleFG earmarks $1.6bn for power transmission facilities’ expansion
The Minister of Power, Prof. Chinedu Nebo, on Monday said the Federal Government had designated $1.6bn for the expansion of power transmission facilities in the country. He said a substantial part of...
View ArticleRevised GDP operational 2014, to capture 42 activities
The National Bureau of Statistics on Monday said the country’s Gross Domestic Product, which is currently being revised, would capture 42 activities. The bureau also hinted that barring any unforeseen...
View ArticleEtisalat introduces new Easyblaze multi-device plan
Telecommunications company, Etisalat, has unveiled a new mobile data feature, the multi-device plan, to complement the Easyblaze mobile internet service. The multi-device plan allows users to access...
View ArticleItalian bonds drop for second day
Italian government securities Monday declined for a second day as the euro-area’s biggest sovereign-debt market prepared to sell bonds this week for the first since July. Bloomberg News reports that...
View ArticleMoneyGram, e-Tranzact introduce mobile money service
A payment service company, MoneyGram, and Nigeria’s mobile money operator, e-Tranzact International Plc, are collaborating to make international money remittance service possible on mobile phones. The...
View ArticleLandowners threaten to shut Enugu International Airport
Some landowners have threatened to halt business activities at the Enugu International Airport if the Federal Airports Authority of Nigeria fails to pay them compensation within seven days for...
View ArticleMTN unveils cloud services for SMEs
Information and Communications Technology company, MTN Nigeria, has unveiled MTN Cloud Services in the country for Small and Medium Scale Enterprises. The unveiling makes MTN the first...
View Article‘Audit committees must ensure integrity of financial reporting’
The Leader, Business Development and Markets, Grant Thornton International Limited, Mr. Gernot Hebestreit, has advised audit committee of organisations to work with the boards of their companies to...
View ArticleAmgen to buy Onyx for $10.4bn
Amgen Incorporated agreed to buy Onyx Pharmaceuticals Incorporated in a $10.4bn transaction that gives Amgen access to a rapidly expanding cancer market with a new product that offers sure revenue....
View ArticlePE firm to take Globecomm private for $340m
Satellite communications provider Globecomm Systems Incorporated has agreed to be taken private by investment firm Wasserstein & Co for about $340m. Reuters reports that Wasserstein’s offer of...
View ArticleMore customers will reduce cost of broadband –Ojha
Atul Ojha is the Chief Operating Officer of Spectranet Limited, an Internet Service Provider in the country. He assesses ISPs’ performances and the challenges they face in this interview with STANLEY...
View ArticleHedge funds, gold bets reach six-month high
Hedge funds and other speculators raised bets on higher gold prices to the most in six months as signs of slowing United States growth drove bullion above $1,400 an ounce for the first time since June....
View ArticleGerman business confidence rises for fourth month
German business confidence rose for a fourth month in a row in August, data showed on Tuesday, exceeding expectations as companies in Europe’s top economy voiced more satisfaction with their situation,...
View ArticleBowen University gets new VC
The Senate of Bowen University, Iwo, Osun State, has approved the appointment of Prof. Matthew Ojo as the new vice-chancellor of the institution, a statement from the university said. According to the...
View ArticleTax evasion: Osun to investigate federal agencies, others
The Osun State Government has said it will soon investigate federal, state and private establishments to verify how much taxes they should pay to the state’s coffers. The Acting Chairman, Osun State...
View ArticleOil rises above $106 on Syrian crisis
The price of oil rose above $106 a barrel Tuesday after a United Statss official said there was strong evidence that Syria used chemical weapons against civilians, a sign that Washington might be...
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