FG Pledges Support for $18b Dangote Refinery
Segun Atanda/ The Federal Government (FG) has pledged incentive support for Dangote’s $18 billion refinery springing up at the Lekki…
Zuckerberg’s Net Worth Breaks the Ceiling … Facebook CEO Becomes World’s Fifth Richest
Segun Atanda/ Facebook, on Wednesday, announced a stellar second-quarter earnings report, which showed huge gains in revenue and profitability. The…
Bezos Overtakes Gates to Become World’s Richest Man
Ololade Adeyanju/ Amazon CEO, Jeff Bezos, has overtaken Bill Gates and is now the richest person in the world, with…
Revenue Surges as Facebook Nets 2 Billion Users Per Month
Ololade Adeyanju/ Facebook, on Wednesday, reported a surge in profits in the past quarter, fueled by strong growth in money-making…
Oil Price Rises as Nigeria, Saudi Arabia Pledge Export Cut
Matilda Omonaiye/ Crude oil gained, on Monday, as news that Nigeria plans to limit its production and Saudi Arabia has…
9mobile Appoints Consultants to Source Investors
Segun Atanda/ 9mobile, formerly Etisalat Nigeria, has appointed advisers to manage the process of attracting investors to take over the…
AMCON Takes over Gateway Portland Cement
Segun Atanda/ Moves to recover a debt of about N3billion, has led the Asset Management Corporation of Nigeria (AMCON) to…
Airtel May Acquire Etisalat Nigeria
Segun Atanda/ Airtel Nigeria has been linked with possible acquisition of rival Etisalat, which has formally rebranded as 9mobile. Media…
Court Freezes FG’s $793m in 7 Banks
Ladipo Sanusi/ Justice Chuka Obiozor of a Federal High Court in Lagos has ordered seven commercial banks to, in the…
Bankrupt Boris Becker Invested Heavily in Failed Nigerian Oil Deals
Tennis legend Boris Becker may have lost his $131 million fortune in part because of questionable investments in the Nigerian…