TAIPEI – Taiwan’s Acer Inc announced a restructuring plan with a new chief executive and 7 percent job cuts on Tuesday following a worse-than-expected net loss...
LAGOS – History was made on November 1, 2013 across the country as core investors in the power sector successfully took over the physical asset of...
NEW YORK – Ford Motor Co. on Tuesday named a new global design chief, North American manufacturing chief and labor affairs leader, moving up a number...
KIGALI – The recently operational East Africa Exchange (EAX) concluded the first regional trade auction from its Rwanda head office, successfully selling 50 metric tons of...
BRUSSELS – The European Commissioner for Development, Andris Piebalgs, today announced further support for Mali totalling EUR 615 million (following approval by the European Parliament and...
GENEVA – IOM Tanzania, under the Capacity Building for Border Management (CBBM) project, rolled-out a biometric enrollment system for residence permits The new system which took...
CAPE TOWN – Featuring ground-breaking technology and an affordable cost structure that quickly turns to profitability for telecoms, World Panel Inc will launch a suite of...
LAGOS – Abdullahi Dikko, the Comptroller-General of the Nigerian Customs Service (NCS), said on Monday in Abuja that the agency lost about N603 billion in 2013...
LAGOS – Nigerian banks have so far disbursed 109.3 billion naira (US$684.5 million) from the Power and Airlines Intervention Fund to boost power supply in the...
NEW YORK – The U.S. dollar rose against the euro on Tuesday after the European Commission lowered its forecasts for euro-zone growth, while the British pound...
