European Union antitrust regulators fined Facebook 110 million euros about $122 million for giving misleading information during a vetting of its deal to acquire messaging service...
Nigerian National Petroleum Corporation NNPC, is in the final stage of signing $6 billion worth of deals to exchange more than 300,000 barrels per day (bpd)...
Facebook has selected 60 finalists from the hundreds of entries it received from across the Middle East and Africa for the Bots for Messenger Developer Challenge....
Annual inflation in Nigeria eased for the third straight month in April, slightly down to 17.24 per cent from 17.26 per cent in March, the...
Africa’s premier infrastructure summit opened in Abuja, Nigeria. At the opening the summit President and CEO of AFC, Andrew Alli,said: “In 2014 we held our inaugural African...
The Nigerian Academy of Engineering and Arco Group have in Lagos expressed concern that Engineering Education and Profession are not being given the pride of place they...
SWIFT announces today that Tony O. Elumelu, C.O.N, African businessman, investor will deliver the closing address at the SWIFT African Regional Conference on 18 May...
Acting President Yemi Osinbajo, SAN, has stated that President Muhammadu Buhari knows Nigeria’s capacity is limitless in terms of what we can produce, even as he...
Moody Rating Agency has projected a GDP growth of 2.5 per cent for Nigeria at the end of the year. This means that the agency’s projections...
Andrew Alli, President and Chief Executive of Africa Finance Corporation AFC, has said that Africa’s infrastructure gap remains colossal, requiring approximately $100 billion every year for...
The Federal Government, in apparent contradiction of its earlier position made a u-turn on its modular refineries initiative, declaring that it would no longer allow the...
Bank customers who pay out dud cheques are now to be penalised by banks. Such customers are to pay charges of one per cent of the...
Boeing Co said it has temporarily halted flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by...
Fitch Ratings in its report on Nigeria banks released yesterday said that Nigerian banks posted good financial results for 2016, despite turbulent operating conditions, stating...
The Nigerian Customs Service has announced the appointment of four new Deputy Comptroller Generals and eight new Assistant Comptroller Generals. A statement from the service said,...