Air Peace deepens backward integration in operations, gets first female captain
Leading indigenous airline, Air Peace, has disclosed that it has promoted one of its Senior First Officer, Sinmisola Ajibola, to a captain, saying that the feat is in line with its pledge to always ensure gender equality. The airline disclosed…
ECOWAS seals deal with Israeli group to power region on solar panels
Ahead of efforts to raise the production of electricity in the ECOWAS region, the West African Power Pool (WAPP) has signed a deal with an Israeli firm, Gigawatt Global, to build $1 billion of renewable energy projects in the sub-region….
Dangote Sugar hits N204.42b turnover, N121b on asset acquisition, pays N21b dividend
Leading indigenous sugar firm, the Dangote Sugar Refinery Plc has jumped dividend pay out to shareholders for the 2017 financial year by 192 per cent to N21 billion, translating to 175 kobo per share from N7.2 billion or 60 kobo…
We never agreed to Nigeria’s ratification of African free trade agreement—MAN warns
Ahead of any possibility of the Federal Executive Council (FEC) approving the controversial the ratification of the African Continental Free Trade Area (AfCFTA), the Manufacturers Association of Nigeria (MAN) has dissociated self from any form of understanding or agreement to…
Atiku in Asaba, says there’s no alternative to restructuring Nigeria now
Not up 48 hours after President Muhammadu Buhari had told a group of traditional rulers at Aso Rock Villa that thinking of restructuring Nigeria is parochial and self serving, former Vice-President, Alhaji Atiku Abubakar, has countered him, saying there is…
ROSATOM, EDF seal MoU in R&D to deepen Innovative Cooperation
The Russian State Atomic Energy Corporation, ROSATOM and the French EDF Group on Wednesday, signed a Memorandum of Understanding (MoU) on Development of Innovative Cooperation at the World Nuclear Exhibition 2018 (WNE). The document was signed by Alexey Likhachev, General…
Just in: OBJ, Atiku meet in dramatic reconciliation ahead of 2019
Former President Olusegun Obasanjo, on Wednesday, June 27, 2018, had the first ever public exchange of greetings with former Vice President Atiku Abubakar during a function on ‘A New Era for China-Africa Cooperation’ at the Transcorp Hilton Hotel, Abuja. This…
Did MTN buy Visafone with spectrum or only brand infrastructure?
When Visafone saw the handwriting on the wall that validity of CDMA in Nigeria is expiring, the core investor and chairman of Zenith Bank, Mr. Jim Ovia sold the company on 100 per cent equity to MTN in 2015. Whereas…
Why African tech innovators in Diaspora relocating Silicon Valley to Algiers
…As Smart Cities Global Technology and Investment Summit begins today Just as Smart Cities Global Technology and Investment Summit kickeds off today in Algiers, the capital city of Algeria, indications are rife that the value of venture capital investment is…
Freshworks hits $100m in yearly recurring revenue, unveils Freshworks 360
Freshworks, a global leader in customer engagement software, on Tuesday announced it has reached a revenue milestone by crossing $100 million in annual recurring revenue, led by its flagship support product Freshdesk (Customer Support Software) and continued rapid growth with…
