Ericsson lay off 160 workers, takes jobs to India

The local subsidiary of the global telecommunications solutions provider - Ericsson has fired about 160 permanent and outsourced workers in its Network Operating Centre. According...

Unilever to sell margarine division to Morgan Stanley and Goldman

Anglo-Dutch consumer group Unilever has decided to work with Morgan Stanley and Goldman Sachs on the sale of its margarine and spreads business, which...

Honeywell appeals freezing of accounts by Ecobank

Honeywell Flour Mills Plc has appealed against partial freezing of its accounts by the Federal High Court in Lagos following an application by Ecobank...

Glo top data subscription rating for June – Report

The Nigerian Communications Commission has released details of how the four major operators fared in the data market in the month of June. From the...

Arik described as ‘nonchallant’ as passengers were left stranded at Airport

Passengers of Arik air have been stranded for four days at Kaduna International airport following the failure of Arik Airline to airlift them as...

MTN Nigeria emerge ‘most valued brand’ – Survey

Despite facing numerous challenges in the year, telecommunication giant MTN Nigeria has emerge the best and most valuable brand in Nigeria according to the...

Unilever sustained growth, as its closes 2016 with 17.8% increase

Unilever Nigeria Plc. recently released its audited results for the year ended 31st December 2016 posting N69bn turnover. The Company recorded a significant leap in...

SON faults claim over fake Amstel Malta in circulation

The Standard Organisation of Nigeria, SON, the statutory body that is vested with the responsibility of standardising and regulating the quality of all products...

MTN introduce festive promo, budget N50m for subscribers

MTN Nigeria has announced the launch of the MTN YafunYafun promo to make the Christmas festive season an exciting one for subscribers. MTN YafunYafun promo...

NAFDAC appeals Fanta, Sprite court ruling

The National Agency for Food and Drug Administration and Control (NAFDAC) has filed an appeal and a motion to stay execution of a judgement...

NNPC divided into Four major units

INTO four major unit was the Nigerian National Petroleum Corporation (NNPC) been broken into. Minister of State for Petroleum Resources Dr. Ibe Kachikwu yesterday announced the new...

Guinness Nigeria to approve rights issue at EGM

Guinness Nigeria Plc has announced its intention to hold an Extraordinary General Meeting of its shareholders to approve resolutions for a rights issue. The EGM...

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