Heinz bought by Warren Buffett’s Berkshire Hathaway for $28bn
United States billionaire Warren Buffett is to buy food giant Heinz in a deal worth $28bn (£18bn). Mr Buffett’s Berkshire Hathaway company and private equity firm 3G will take over the food company,...
View ArticleWhy I operate a taxi — Abuja female driver
Curiosity. That was the main reason for choosing to ride in Ms. Aisha Umar’s taxi in the Federal Capital Territory on Friday. RASHEED BISIRIYU reports his encounter with the first female taxi driver in...
View ArticleJamaica agrees $750m IMF loan terms
Jamaica has agreed terms with the International Monetary Fund to receive a new $750m (£483m) loan. A condition for the IMF loan is the completion of a planned debt swap. According to a BBC report, the...
View ArticleLaptop cleaning tips
Laptop cleaning is a quick fix for sticky keys and blurred screens. In just a few minutes, cleaning can improve the overall performance of your notebook. Cleaning tools: Tools for cleaning a laptop are...
View ArticleStakeholders anxious about LPG reforms
Players in the Liquefied Petroleum Gas (cooking gas) market are anxiously awaiting reforms in the subsector following plans by the Standards organisation of Nigeria to sanise the market. They are...
View ArticleAirbus A350 to avoid Boeing 787-style lithium-ion batteries
Airbus says it will not use lithium-ion batteries in its forthcoming A350 plane because of problems that have grounded rival Boeing’s 787 Dreamliner. The European planemaker said it would use...
View ArticleHope rises for dying textile industry
More jobs may be created, in the textile industry, in addition to over 13,000 jobs already provided through the N100bn intervention fund, if government makes good its promise of another N500bn bailout...
View ArticleGermany discovers bird flu case on poultry farm
German authorities said a case of H5N1 bird flu had been discovered during initial tests on a poultry farm in the eastern state of Brandenburg, Reuters reported. The case was discovered in a duck farm,...
View Article‘A man’s first investment should be life insurance’
Managing Director, African Alliance Insurance Plc, Mr. Alphonse Okpor, is worried about Nigerians’ attitude to insurance. He spoke to NIKE POPOOLA on the importance of life insurance What is your...
View ArticleHorsemeat scandal boss attacks French govt
The president of French meat processor, Spanghero, promised on Friday to disprove allegations that his firm knowingly sold horsemeat labeled as beef, and accused the government of being too quick to...
View ArticleICSAN, Babcock sign MoU on skills acquisition
The Institute of Chartered Secretaries and Administrators of Nigeria has signed a Memorandum of Understanding with Babcock University on ICSAN/degree linkage programme. This is to prepare their...
View ArticleG20 leaked communique doesn’t single out Japan
Finance ministers of the G20 nations meeting in Moscow may not criticise Japan for weakening the yen, a leaked draft communique has indicated. The news sent the yen sharply lower, falling 1.5 per cent...
View ArticleMFB urges business owners to form groups
The Managing Director/Chief Executive Officer, Bosak Microfinance Bank Limited, Mr. Kola Bello, has enjoined small business owners, especially customers of the bank, to form different groups in order...
View Article500,000 farmers to benefit from new cassava programme
About 500,000 farmers in four African countries are to directly benefit from new research programme aimed at improving the productivity of cassava. A statement by the International Institute of...
View ArticleMaiduguri Internet exchange to wait until normalcy returns
A new Internet exchange point planned for Maiduguri by the Internet Exchange Point of Nigeria will have to wait until normalcy returns to the Borno State capital. The exchange point is planned to...
View ArticleNPC begins demographic survey on 40,680 households
The National Population Commission has commenced a nationwide demographic and health survey. About 40,680 households randomly selected will be involved in the survey, which will last for four months....
View ArticleGucci owner PPR’s shares hit 12-year high in France
Shares in the French luxury goods firm, PPR, have risen more than five per cent in Paris to their highest level in 12 years. That follows a better-than-expected jump in earnings at the company, which...
View ArticleS’Africa targets fastest growing economies
South African National Convention Bureau has said African countries need to unite to unlock the rich potential of business events through the world’s fastest growing economies (Brazil, Russia, India,...
View ArticleWe’ll hand over aviation college to investors — Ahmed
The Kwara State Governor, Alhaji Abdulfatah Ahmed, has said that investors will be allowed to buy stakes in the newly established International Aviation College, Ilorin and manage it for the purposes...
View ArticleFinmeccanica boss Orsi steps down amid corruption probe
The chairman and chief executive of the Italian defence firm Finmeccanica, has formally resigned. Giuseppe Orsi was arrested in Italy this week as part of a corruption investigation involving the sale...
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