Wall Street finally taught Zuc

This week Facebook CEO Mark Zuckerberg finally got the whack across the nose that many had hoped Congress would give him back in April.   The social-medi

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Posted On: 28 Jul 2018

Iran woos local investors as U

Iran plans to offer price and tax incentives to private investors to take over idle state projects and help boost the economy, state media reported on Saturday,

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Posted On: 28 Jul 2018

Facebook is sued after stock

Facebook Inc <FB.O> and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many lawsuits over a disappointing earnings

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Posted On: 28 Jul 2018

CBN provides $340 million, CNY

The Central Bank of Nigeria (CBN), on Friday, provided $340 million and 69 million Chinese Yuan (CNY) to customers seeking foreign exchange in the agricultural

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Posted On: 28 Jul 2018

Twitter Shares Fall, Ending A

Social media companies have not had a good week in the stock market.   Twitter's shares fell 20 percent on Friday, after the company announced that it ha

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Posted On: 28 Jul 2018

EU Explains Nigeria’s Exclus

The European Union (EU) has explained Nigeria’s non- participation in the $240 billion honey market and export the product to the EU market.   The

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Posted On: 27 Jul 2018

Facebook's earnings disaster e

Facebook just made the wrong type of history.   The Mark Zuckerberg-led social-media titan saw shares drop 19 percent on Thursday fol

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Posted On: 27 Jul 2018

Huawei wants to beat Samsung t

One of the hotly anticipated handsets of 2019 is Samsung’s first foldable handset. We used to call it the Galaxy X until earlier this week, when we learne

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Posted On: 27 Jul 2018

Amazon challenges Google and F

Amazon’s cloud business may get much of the attention for bolstering the company’s bottom line. But an emerging new advertising arm of Amazon is als

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Posted On: 27 Jul 2018

After Facebook stock plunges b

Facebook faced a day of reckoning Thursday as its shares plunged in the biggest one-day drop in stock-market history.   The 19 percent drop vaporized $11

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Posted On: 27 Jul 2018

U.S. touts EU trade truce, att

The United States signaled on Thursday it is set to push ahead on trade talks with Canada and Mexico after agreeing to suspend hostilities over tariffs with Eur

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Posted On: 26 Jul 2018

Facebook disappoints on revenu

Facebook Inc fell short of analysts’ estimates for monthly active users on Wednesday and reported lower-than-expected quarterly revenue, months after the

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Posted On: 25 Jul 2018

NNPC AND THE SUBSIDY CLAIMS

The operations of the state-run corporation must be made transparent For the fifth time in seven months, the Federation Accounts Allocation Committee (FAAC) m

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Posted On: 25 Jul 2018

Ivanka Trump Is Shutting Down

Ivanka Trump’s clothing and footwear company will wind down, the company confirmed.   “After 17 months in Washington, I do not know when or i

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Posted On: 25 Jul 2018

Trump's $12 billion aid for fa

President Donald Trump 's $12 billion emergency aid plan designed to help farmers hit by retaliatory tariffs is seen as "unprecedented" and could have unintende

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Posted On: 25 Jul 2018

Oil prices rise for second day

Oil prices rose for a second day on Wednesday after industry group data showed U.S. crude inventories fell more than expected last week, easing worries about ov

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Posted On: 25 Jul 2018

Malaysia Airlines taps lenders

Malaysia Airlines Bhd is tapping banks to fund about nine Boeing 737 MAX planes in what will be the carrier's first jet financing with lenders since it was rest

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Posted On: 25 Jul 2018

Global stocks mostly rise on C

Global stock markets mostly rallied on Tuesday, helped by Chinese stimulus plans and a batch of generally strong US earnings from Google parent Alphabet and oth

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Posted On: 25 Jul 2018

NCC, CBN in Crucial Meeting Ah

Ahead of tomorrow’s deadline for Teleology to make the balance payment of $251 million to take over 9mobile, the Nigerian Communications Commission (NCC),

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Posted On: 24 Jul 2018

Lokoja, Oguta Ports 75% Comple

The Nigerian Inland Waterways Authority (NIWA) has disclosed that the ongoing dredging of inland waterways in Lokoja, Kogi State and Oguta, Imo State are 7

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Posted On: 23 Jul 2018

‘Flared gas in Nigeria enoug

Flared gas in Nigeria is enough to generate between two and three gigawatts (Gw) of electricity,  the Nigerian Gas Association (NGA) President, Dada Thomas

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Posted On: 23 Jul 2018

Between Nigeria Airways and Ni

Anytime Senator Hadi Sirika, minister of state for aviation, spoke about setting up a “national carrier”, I always switched off. Even though I like

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Posted On: 22 Jul 2018

5 Dumb Ways You're Wasting Mon

Even if you’re rich, wasting money is criminally stupid. Sit down for a minute and think of all the things you could do with the money you waste that woul

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Posted On: 21 Jul 2018

N90bn Cargo Airport project re

Bayelsa Government says it is putting finishing touches to its N90 billion Cargo International Airport project which has reached 95 per cent completion.  

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Posted On: 20 Jul 2018

Nigerians Bury Cash in Backyar

Every few days, Tasiu Abdurrahman takes the money he makes from selling spices in Nigeria’s biggest northern city and buries it in his yard.   The

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Posted On: 19 Jul 2018

Nigeria earns N37.465trn from

THERE are indications that the Federal Government’s oil revenue dropped by more than 297.6 per cent between the second quarter of 2010 and fourth quarter

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Posted On: 18 Jul 2018