Aston Martin profits in Q1, first in a decade

British luxury carmaker Aston Martin on Wednesday reported its first Q1 profit in a decade, marking a turnaround in its performance which could propel...

CAC begins e-registration process for companies in 5 states, FCT

The Corporate Affairs Commission on Monday announced the closure of the manual process for company registration in five states and the Federal Capital Territory.The...

Rwanda telecos fines MTN Rwanda $8.5 million

Rwanda’s telecom industry regulator has fined MTN Rwanda, a division of South Africa’s MTN Group, 7 billion francs (8.5 million dollars) for running its...

Yahoo to buy back $3 billion shares

Yahoo Inc said on Tuesday it would buy back $3 billion of its common shares, ahead of the company's pending deal with Verizon Communications...

Unilever UK to inject ₦38 billion into Unilever Nigeria

Unilever Plc, United Kingdom (UK), will inject about ₦38 billion into its Nigerian subsidiary, Unilever Nigeria Plc under a new capital raising programme approved...

Indomie consumers who participates in ‘online engagement’ get reward

Dufil Prima Foods, makers of Indomie Noodles, recently rewarded Nigerian youths on social media as it seeks more ways to interact with its teeming...

Ford Motor plans to boost profits by downsizing workforce

The Wall Street Journal reports that Ford Motor Co. is planning substantial job cuts in order to boost profits and raise its stock price. The...

FIRS closes-down more than 13 tax-owing firms in Umuahia

The Federal Inland Revenue Service (FIRS) at the weekend sealed off Mentors & Partners Limited in Umuahia, Abia State, over tax liabilities of N308.9million....

Wal-Mart pushes hard to catch up with Amazon in e-commerce

Wal-Mart Stores, the 800-pound gorilla of retail, is running hard to catch up in an increasingly crucial segment where it is neither the biggest...

La Casera wears a new look

Beverage makers, 'The La Casera Company Plc', has unveiled a new look for its premium brand, La Casera Apple Drink.The event, which took place...

FG forbid MDAs from transacting with unregistered bodies

Nigerian Government on Friday banned ministries, departments and agencies from transacting business with companies and other corporate bodies that are not duly registered by the...

Samsung Elec forms new division to manufacture chip

Tech giant Samsung Electronics Co Ltd said on Friday it has formed a new division within its semiconductor business for contract chip manufacturing as...

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