Business Hilights

Tracking Nigeria's Headline Business News Online

Samsung Electronics

Samsung can’t produce in Nigeria as none of the 400 parts needed is here—Yoon

Even though Nigeria remains a strong retail market for leading digital device manufacturer, Sung Yoon, chief executive officer of Samsung Electronics, Africa, has said “Producing a mobile phone requires 400 components and that none is available in Nigeria”. The implication…

Samsung shop
ICT

Samsung plans additional outlets to deepen market dominance in Africa

Resilient South Korean digital device giant, Samsung Electronics this week gave an indication to double Africa’s share of its revenues in five years, saying the dream will come true when it expands outlets in the continent. According to an official,…