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Category Archives: Business

Facebook Acquires Instagram For $1 Billion.

Posted ago by Patience

Instagram is the websites that celebrities use Just as we were getting used to the photo-sharing site, Facebook has now finalized discussions to buy the network for $1 billion in a combination of cash and stock, it announced barely an …

Glo rewards customers with airtime for Easter celebration

Posted ago by Patience

Telecommunication giant, Globacom, has announced a series of benefits to reward its customers as the company celebrates the season of Easter with Nigerians. The offer rewards all customers on every recharge of two hundred naira and above made during the …

Swiss firm donates lab, gives scholarships to Yabatech students.

Posted ago by Patience

Swiss technology company, Firmenich, last week boosted the Yaba College of Technology, YabaTech with a technology driven flavour laboratory, just as it also awarded three students of the institution with scholarships. Commissioning the tech lab in Lagos, at the weekend, …

Etisalat Introduces Exciting Blackberry Bundle Offer.

Posted ago by Patience

  Nigeria’s fast growing telecommunications company, Etisalat, is introducing a new Blackberry bundle offer. The offer rewards Etisalat subscribers with free one month Blackberry complete subscription, N1,500 worth of premium BlackBerry accessories and calls to all networks in Nigeria at …

Annual Ranking of the African richest people 2012

Posted ago by Cynthia Sean

  The annual ranking of the World’s richest people this year,  record 1,226 billionaires (Carlos Slim Helu is still No.1). African billionaires occupied a little over 1% of the positions on the list. Here are the 16 Africans who made …

The New Cashless Policy.

Posted ago by Cynthia Sean

Ever since the Central Bank of Nigeria announced its plan to reduce the amount of physical cash in circulation through its cashless policy, banks and the apex bank have engaged in a lot of publicity to make the public accept …

Nigerian Gasoline Tender Expected in March

Posted ago by Cynthia Sean

Nigeria is expected to award fresh gasoline import allocations in March, trade sources said, although a parliamentary investigation into abuse of the fuel subsidy regime is ongoing. Nigeria currently relies on exchanges of crude oil for gasoline and other products …

Kia’s Futuristic K9 Revealed Photographs

Posted ago by Cynthia Sean

Kia has revealed the first official photographs of its all-new flagship sedan to be launched during the first half of this year in the Korean market. Referred to by its codename ‘KH’ until now, the company also confirmed that the …

FG To Revive Textile Companies

Posted ago by Cynthia Sean

The Federal Government planned to use the 20 percent levy on imported textile materials in revitalising dead textile companies, the Minister of Trade and Investment, Dr. Olusegun Aganga said, the minister dropped the hint at a meeting with executives of …

Nigeria’s Dangote opens $1 bn cement plant

Posted ago by Segun Adeyemi

Nigerian manufacturing group Dangote has opened a one-billion-dollar cement plant near the economic capital Lagos, one of the largest investments in the oil-rich west African country. “We are working towards making the company one of the eight biggest producers of …