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17 Apr 2015
TELECOMMUNICATIONS firm, Airtel Nigeria, appears to be in serious contention to reclaim its position as the second largest operator in Nigeria, a position Globacom has held closely in the last 13 months in the country.
16 Apr 2015
The merger of two companies that were once new technology stars but have since lost some of their lustre will produce a European champion able to take on Nokia's Swedish rival Ericsson or fierce Chinese competition.
16 Apr 2015
The FCMB Group Plc said that the company would ensure increased return on investment to all shareholders in 2015 financial year.
Patrick Akpobolokemi
16 Apr 2015
THE Nigerian Maritime Administration and Safety Agency (NIMASA) has extended the 2015 phase-out date for single hull tankers to December 31, 2020
16 Apr 2015
Hinging its position on five indicators observed by investors before investing in an economy, a recent report on ‘Africa’s cities of opportunity’ has ranked Lagos state the seventh city of opportunity in Africa, behind Accra, Ghana.
16 Apr 2015
THE effect of plummeting crude oil prices may have hit hard on the global economy, as the Organisation of Petroleum Exporting Countries (OPEC) yesterday declared that about 100,000 people have lost their jobs to the situation. Meanwhile, industry sources told The Guardian that about 21,000 people working across the oil and gas value chain have already got their employment terminated in Nigeria.
16 Apr 2015
EQUITY transactions on the trading floor of the Nigerian Stock Exchange yesterday continued on a downward note yesterday, following price losses suffered by major bluechip companies, as market capitalisation depreciates further by N26 billion.
16 Apr 2015
United Bank for Africa (UBA) Plc, has achieved a profit after tax of N17 billion in its unaudited 2015 first quarter (Q1) performance, against N12.6 billion posted in the corresponding period in 2014.
16 Apr 2015
COMMODITIES were lower in March, largely driven by fundamental supply factors and macroeconomic headlines, according to Credit Suisse Asset Management.
16 Apr 2015
GLOBAL stocks were subdued after several indexes in Europe and Asia hit multi-year highs this week, while the price of oil pushed higher.
16 Apr 2015
OIL investors who amassed a $6 billion long position in exchange traded funds, occupying as much as a third of the U.S. futures market, are now racing for the exit at a near record pace.
16 Apr 2015
Global equities markets edged down as investors worried about the impact of a strong dollar on U.S. company earnings and unease over Greece’s debt crisis overshadowed news of a possible merger between two big European telecoms equipment firms.

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16 mins ago
...Demand his immediate resignation Hundreds of members of the Coalition of Civil Societies of Nigeria on Saturday staged a peaceful protest in Abuja with a call on the National Assembly to wade into alleged partiality of the chief justice of Nigeria (CJN) justice Tajudeen Olukayode Ariwoola. Led by Comrade Isiaku Balogun, the group enjoined the…
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