Samsung Electronics dragged to court over deceptive marketing

Two French rights groups said on Thursday they had filed a complaint against South Korean tech giant Samsung Electronics Co Ltd over alleged deceptive...
Apple iPhone 7

Apple begs iPhone users over glitches, offers discounted battery

Apple on Thursday apologized to its customers for slowing down performance of older iPhone models and said it would discount replacement batteries for some...
MTN

MTN assigns $231 mln shareholder loan to African phone tower group

MTN Group, Africa’s biggest mobile phone operator, said on Thursday it had assigned a $231 million shareholder loan to phone tower group, IHS Holding...
Afreximbank

Afreximbank, Islamic Corporation sign $100m loan deal for SMEs

The Islamic Corporation for the Development of the Private sector (ICD) and the African Export-Import Bank (Afreximbank) have signed a line of financing agreement...

Enugu revenue board seals five hotels over N6.6bn debt

Determined to recover the N6.6 billion owed the state in taxes by companies and organisations engaged in different businesses in the state, the Enugu...

Dangote Cement shares trade in $350 mln off-market deal -traders

Some 550 million shares of Dangote Cement were sold at 225.7 naira each on Monday in a one-off stock market deal valued at $350...

Dangote accuses BUA of stealing, illegal mining of limestone on its properties

Management of Dangote Group, over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease, No. 2541, located...

10 firms in trouble over $250m oil money

The House of Representatives Committee on Oil and Gas is investigating 10 oil companies for alleged failure to remit $250 million to the federal...
Kenyan Airways

Aviation union grounds operations of Kenyan Airways

The National Union of Air Transport Employees ( NUATE) on Tuesday grounded the operations of Kenyan Airways at the Murtala Muhammed International Airport, Lagos  following prolonged...

577 Firms bid for NNPC Insurance Renewal programme

The Nigerian National Petroleum Corporation (NNPC) said that 577 firms have indicated interest to secure the insurance renewal contract for its oil and non-oil...