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Bharti Airtel records 15% revenue growth in Africa

Bharti Airtel Limited has recorded 15 per cent year-on-year revenue growth, a statement on Monday said. The growth, according to the statement, is supported by customer-base growth of 21 per cent,...

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Ajagu advises entrepreneurs on branding, positive image

A renowned political economist and entrepreneur, Dr. Ausbeth Ajagu, has called on entrepreneurs and telecommunications experts to pursue good branding of their products and services. Ajagu gave the...

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Days of sea pirates, oil thieves over – NIMASA

For sea pirates and oil thieves operating on the Nigerian waters, it will no longer be business as usual says the Nigerian Maritime Administration and Safety Agency. The Director-General, NIMASA, Mr....

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Windows co-chief looking for surge with new hardware

SEATTLE: The new Windows 8 system is off to a “solid” start and should get a boost in sales over the next few months as new touch-screen devices hit the market and Microsoft Corp hones its retail...

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Jaguar XJ, XF show class, fuel economy standard

Jaguar, as a premium auto brand, has earned the respect of many for years. But some other brands, which used to trail behind it, have almost levelled up, threatening to dust it, leaving people to...

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Chamber rejects FG’s plan to complete fair ground

The Enugu Chamber of Commerce, Industry, Mines and Agriculture on Tuesday rejected plans by the Federal Government to complete the Enugu International Trade Fair complex through public-private...

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Oil bid round may not hold in Q1

There are strong indications that the bid round for marginal fields proposed for the first quarter of this year after series of postponements may also not hold. Our correspondent learnt on Tuesday from...

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1,100 aluminium industry workers face job loss –Dugad

A total of 650 workers in Nigeria’s aluminium industry were sacked in December 2012, with 1,100 other facing an uncertain future, the Country Head, Tower Aluminium Plc, Dr. Jinesh Dugad, has said....

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SABMiller JV to buy Chinese breweries for $863m

HONG KONG: SABMiller, the world’s second-biggest brewer, is to expand further into high-growth regional markets in China after a local joint venture agreed to buy Kingway Brewery (0124.HK) assets for...

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Lagos denies N500 toll on Lekki-Ikoyi link bridge

The Lagos State Government has denied insinuations of a plan to impose N500 toll on users of the new Lekki-Ikoyi Link Bridge. Counsel for the state government, Mr. Olarewanju Akinsola, distanced it...

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Global stocks rebound on economic data

Global equity markets bounced back on Tuesday after January data on business activity in the euro zone showed signs of recovery while the United State service sector grew last month for a third year of...

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Ryanair to pay Flybe to take AerLingus routes

Ryanair has offered rival Flybe €100m ($136m) to take some Aer Lingus routes off its hands, a source close to the deal said on Monday, as the European Commission prepares to decide on its €694m offer...

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Baidu revenue, profit growth rate slowed in Q4

SAN FRANCISCO: Baidu Incorpoarted, China’s largest search engine company, reported its slowest profit growth since 2009, as competition in the sector heats up and more users switch to mobile search....

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Citi names de Vecchi investment banking chairman

Citigroup Incorporated has appointed veteran dealmaker Luigi de Vecchi as chairman for corporate and investment banking in continental Europe, it said in an emailed statement on Monday. Reuters...

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South Africa raises minimum farm wage after strikes

South Africa raised the minimum wage for farm workers by up to 50 per cent on Monday in response to a wave of violent strikes, but farmers said the increase would only cause job losses and more unrest...

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Gas leak caused deadly Pemex blast – Mexico

MEXICO CITY: The Mexican government said on Monday that a gas leak caused a blast that killed at least 37 people at the offices of state oil monopoly Pemex in Mexico City, raising fresh questions about...

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IBM takes on rivals with lower priced server range

HANOVER: Technology services provider IBM on Tuesday said it is aiming to take on competitors such as Oracle and Hewlett Packard by offering a more affordable Power Systems server and storage product...

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NIM collaborates with Harvard on capacity building

In its bid to remain the foremost professional institute in the area of human capacity building delivery in the country, the Nigerian Institute of Management has signed a Memorandum of Understanding...

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Etihad triples profit on passenger growth

Abu Dhabi’s Etihad Airways, which is edging closer to an investment in India’s Jet Airways, on Monday said net profit tripled in 2012 as its fast-expanding global network attracted more passengers....

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JedAir, Canadian airline sign joint venture agreement

Canadian carrier, Voyageur Airways, has signed a Joint Venture agreement with a Nigerian chartered airline, JedAir, to make its Bombardier Dash 8 Q-300/400 aircraft available for Nigerian operations....

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