JOHANNESBURG – South African part state-owned operator Telkom has not received a proposal for the purchase of its mobile tower business from a Southeast Asian investment...
ABUJA – Gas Group and China National Offshore Oil Corporation (CNOOC) Energy plan to invest additional $150 million (about N24 billion) in downhole tools, logistics trucks,...
GENEVA – The United Nations Special Rapporteur on trafficking in persons, especially women and children, Ms. Joy Ngozi Ezeilo, will conduct an official visit to the...
JOHANNESBURG – Dangote Cement Plc, Africa’s biggest producer of the building material and Nigeria’s largest company, is looking at expanding in three South American countries and...
HELSINKI – Nokia reported a 22 percent year-on-year fall in sales at its network equipment unit, the main business which it will be left with after...
LAGOS – The bureaux de change subsector is critical to ongoing efforts to stabilise the exchange rate said Razia Khan of Standard Chartered Bank Group. Commenting...
NEW YORK – Carl Icahn has taken a stake in eBay Inc and is proposing a spin-off of the its fast-growing PayPal division, but the e-commerce...
ABUJA – Telecom major, Bharti Airtel, may sell off its mobile towers in Nigeria for about $550 million by April. It is the biggest revenue generating...
LONDON – The global economy started 2014 on a disjointed note with the euro zone’s private sector in better shape than expected and China’s vast manufacturing...
LAGOS – The private sector requires $6 billion (N960 billion) to invest in the power sector to address electricity problem in the country. The Chief Executive,...
