Category: Business
Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to fall in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. ...
The President, Nigeria Chamber of Shipping (NCS), Mr Andy Isichei, said on Monday that constant gridlock on access roads to the Western ports was negatively impacting the economy. Isichei, in an interview with the News ...
The African Development Bank (AfDB) and the Tony Elumelu Foundation have signed a Letter of Intent to accelerate youth entrepreneurship across Africa. The Senior Communications Officer of AfDB, Mr Chawki Chahed made this known in ...
Multinational technology giant, Microsoft, has teamed up with First Bank in a partnership that will assist Small and Medium Enterprises (SMEs) in Nigeria to adopt digital transformation of their businesses. The partnership, seen as a ...
Naspers will float its e-commerce ventures on the Euronext stock exchange in Amsterdam, it said on Monday, the latest move by South Africa’s biggest company to address a hefty discount in its shares. Founded more ...
The Nigerian National Petroleum Corporation (NNPC) has been honoured with the highest discloser status by the global extractive industries watchdog, Extractive Industries Transparency Initiative (EITI). This was disclosed in a statement by NNPC spokesman, Mr ...
No fewer than 525 farmers in Imo State will benefit from agricultural inputs distribution under the Central Bank of Nigeria (CBN’s) Anchor Borrowers’ Programme for the 2019 wet season farming. The benefitting farmers would be ...
The African Information and Communications Technology (ICT) Foundation (AFICTF), has unveiled a two-year digital inclusion development plan for the continent. AFICTF is targeting policy and infrastructure issues on the Internet of Things (IoTs), Artificial Intelligence ...
The Economic Commission for Africa (ECA) has urged African countries to broaden and deepen their tax and revenue collection bases while leveraging digital technologies to boost collection and compliance. A statement by the Communications Section ...
Mr Emeka Okereke, Director-General, Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA), has praised the initiative of the Central Bank of Nigeria (CBN) which places restrictions on the importation of textile goods into the ...
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