Day: October 25, 2016

We are not guilty of illegal dividends transfer—MTN

• ICT

We are not guilty of illegal dividends transfer—MTN

Business Hilights October 25, 2016

MTN Group in a quarterly update to shareholders made available to journalists yesterday, has again noted that...

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60% drop in fuel import coming in 2018 –FG

• Energy

60% drop in fuel import coming in 2018 –FG

Business Hilights October 25, 2016

The Federal Government has announced plans to reduce its level of fuel imports by 60 percent by...

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FG to meet Niger Delta leaders, militants on October 31

• Energy

FG to meet Niger Delta leaders, militants on October 31

Business Hilights October 25, 2016

As parts of new moves to sustain the rising oil output sales, the federal Government will hold...

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False declaration: IGP charges Innoson Group with N2.4bn shipping fraud

• Transport

False declaration: IGP charges Innoson Group with N2.4bn shipping fraud

Business Hilights October 25, 2016

The Inspector-General of Police, Mr. Ibrahim Idris, has filed four counts of alleged N2.4bn shipping fraud against...

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Shell concludes sale of 16 assets worth $500m

• Energy

Shell concludes sale of 16 assets worth $500m

Business Hilights October 25, 2016

Royal Dutch Shell, weekend, confirmed plans to sell over 16 assets each worth more than $500 million....

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Chevron unveils Cassava projects with 40 graduates

• Energy

Chevron unveils Cassava projects with 40 graduates

Business Hilights October 25, 2016

Leading oil conglomerate, Chevron Nigeria Limited through the Partnership Initiative in the Niger Delta (PIND) has launched...

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Samsung Note 7 owners in S/Korea file class-action suit

• ICT

Samsung Note 7 owners in S/Korea file class-action suit

Business Hilights October 25, 2016

The number of Samsung Galaxy Note 7 owners demanding compensation for being inconvenienced by the smartphone’s troubles...

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StarTimes boosts signal coverage

• ICT

StarTimes boosts signal coverage

Business Hilights October 25, 2016

Ahead of the June 20-17 Digital Switch over deadline, leading player in the campaign, StarTimes has reiterated...

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42 European investors coming in November—FG

• Industry

42 European investors coming in November—FG

Business Hilights October 25, 2016

Many industrialized countries of the world have started internalizing the devaluation of the Nigerian currency to begin...

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NSE named ‘Most Innovative Stock Exchange in Africa 2016’

• Banking/Investments

NSE named ‘Most Innovative Stock Exchange in Africa 2016’

Business Hilights October 25, 2016

The Nigerian Stock Exchange (NSE or The Exchange) has emerged the Most Innovative Stock Exchange in Africa...

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