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,...
TOKYO – Toyota Motor Corp retained its rank as the world’s best-selling automaker last year, beating out rivals General Motors Co and Volkswagen AG for the...
ABUJA – Minister of Finance and Supervising Minister of the Economy, Mrs. Ngozi Okonjo-Iweala, yesterday, said Nigeria’s economy is under threat, following the continuous decline in...
BEIJING – Lenovo Group Ltd, the world’s largest PC maker, agreed to buy IBM Corp’s low-end server business in a long-awaited deal valued at about $2.3...
