SMARTPHONE MAKER, WIKO, CHALLENGES BIG PLAYERS

An obscure smartphone maker based in France has done what some feared was impossible following the sale of Nokia’s handset business: created a successful European challenger to tech giants Samsung…

Business News, Insurance, Money & Capital Market.

Business News   At Shoprite’s Ibadan Mall, Shop Owners Grapple with Low Patronage By Olaolu Bilau   Nearly three months after it opened in Ibadan, business outlets at Shoprite’s biggest…

FIRM CREATES $800 512GB SD MEMORY CARD

Memory specialist SanDisk has created an SD card with 512 gigabytes (512GB) of storage space – the highest capacity ever released. The card, which is the size of a postage…

DUBAI’S ICD BUYING $.3BN STAKE IN DANGOTE CEMENT

As Guinness Nigeria’s 2014 profit falls, cuts dividend Investment Corp of Dubai (ICD), the state fund which holds stakes in some of the emirate’s top firms, has agreed to buy…

NIGERIA FOSTERS ONCE-UNLOVED COCOA INDUSTRY AS PRICES FLOURISH AGAIN

College graduate Omatayo Adeniyi stands in a humid tropical forest of southwest Nigeria and explains why he chose cocoa farming over a white collar job in the city. “There is…

BOB DIAMOND’S AFRICA BANK BUYS STAKE IN UBN

Atlas Mara, the African investment vehicle of former Barclays boss Bob Diamond, said it had increased its stake in Union Bank of Nigeria to almost 30 percent for $270 million.…

AIRTEL NIGERIA LAUNCHES FREE ‘EBOLA INFO’ BROWSING ON OPERA MINI

Subscribers to get free access to key Ebola information websites Airtel Nigeria, in collaboration with Opera Software, has launched a free service for customers looking for information on the Ebola…

PERSPECTIVE: NEXIM Bank and Task of Export Promotion

By  CHINWE NWOKO Nigeria, in accordance with President Goodluck  Jonathan’s transformation  agenda, has begun to gradually assume the portal ofAfrica’s economic base. Hitherto, this enviable position was held by South…

BUSINESS:BATN MAY EMBARK ON MASS SACK OF EMPLOYEES OVER LAGOS STATE PUBLIC …

BATN MAY EMBARK ON MASS SACK OF EMPLOYEES OVER LAGOS STATE PUBLIC PLACE TOBACCO SMOKING LAW   Reports emanating from British American Tobacco Nigeria (BATN) have revealed that the newly…

BUSINESS: Public Procurement Entities Float Forum …and more

  Business News Public Procurement Entities Float Forum   Twelve years after the commencement of the Public Procurement reform, procurement entities at the federal and state levels have come together…