The local subsidiary of the global telecommunications solutions provider – Ericsson has fired about 160 permanent and outsourced workers in its Network Operating Centre. According to correspondents, this effect on Sunday, December 4, 2016, affected 55 full-time employees of the company. According to sources in the company, some workers were laid off in July when […]
Read More
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 is an SMS subscription-based service that allows MTN’s existing and potential customers to earn points for every recharge they make on the network. The General Manager, Consumer Marketing, MTN Nigeria, […]
Read More
PZ CUSSONS Nigeria PLC Corporate Affairs & Administration Director Mrs Yomi Ifaturoti will receive the Lifetime Achievement Award at the MarketingWorld Awards tomorrow. Scheduled to hold at the Lagos Oriental Hotel, Lekki, the Country Manager for Google, Mrs Juliet Ehimuan, is the keynote speaker. In a statement released by InstinctWave, the sixth edition will display […]
Read More
Bangladesh said Friday the Uber ride-sharing service was operating “illegally”, just days after it launched in the capital. A notice placed in a high-circulation newspaper by the Bangladesh Road Transport Authority told drivers not to work through the popular phone app. “Uber, the online-based taxi service, is being operated completely illegally,” said BRTA director Mohammad […]
Read More
Despite facing numerous challenges in the year, telecommunication giant MTN Nigeria has emerge the best and most valuable brand in Nigeria according to the 2016 Top 50 Brands survey. The telecoms brand came first with a rating of 90.1, which bettered Coca-Cola Nigeria, 84.7, and Guaranty Trust Bank, 81.8. The model that was used in […]
Read More
Transparency in the operations of the Nigerian National Petroleum Corporation, NNPC, was sustained on Thursday with nothing less than 224 bids submitted by companies whose interest is to buy and lift Nigerian crude oil grades for 2016/2017. Successful companies would participate in the lifting of about 700, 000 barrels per day of crude oil on offer […]
Read More
A consortium of German renewable energy companies led by Nigus has concluded plans with the Federal Government to build five solar power plants worth N183bn ($600m) in some North-Eastern states. According to the Nigerian Investment Promotion Council and the consortium, each of the solar power plants will have capacity to generate 100 megawatts of electricity. […]
Read More
Arik Air on Wednesday announced reduction of flights due to the lingering scarcity of JET A1 (aviation fuel). This announcement is made in a statement by the company Communications Manager, Mr Ola Adebanji, in Lagos. Arik Air said that aviation fuel scarcity started manifesting last week when major oil marketers began to ration supply of […]
Read More
No company across the Nation will be forced to include its shares on the floor of the Nigerian Stock Exchange, the Vice-President, Prof. Yemi Osinbajo, has said. Osinbajo ruled out any direct government intervention in forcing private companies to list their shares, noting that the decision to list by private companies would remain decisions of their Boards […]
Read More
The Dangote Group of Companies has declared untrue the widely held notion that the company was on the verge of investing in English Premier League side, Arsenal FC. The Executive Director, Stakeholders Management and Corporate Communications, Dangote Group of Companies, Engr. Mansur Ahmed during a media parley held in Kano said, the initiative to invest […]
Read More
Students of the National Judicial Institute (NJI) have said Globacom has made Nigerians proud as a fully indigenously-owned company for its innovation and infrastructural development. These, they said have helped to move the country forward in the areas of business, interpersonal relationships and judicial processes. The students, who are members of the Bench spoke through […]
Read More
Dangote Flour Mills Plc. has recorded N78.11billion revenue for the 12-month period representing an increase of by 62.63 per cent against the year 2015 N48.03bn), despite the challenging operating environment, inflationary pressures, and weak purchasing power. The strong performance for the year and return to profitability by the company was driven largely by several restructuring […]
Read More
