Etisalat Communications, in partnership with O.A. Bella Resources, has empowered 100 individuals with basic life skills and basic equipment to help them maximize their potentials through the establishment of start up businesses. The beneficiaries were pulled from six communities in four states in the South-East and South-South regions. These include Oromeruezimgbu, Rumuokuta and Awalama Communities […]
Month: July 2016
StarTimes revamps Nova Bouquets
StarTimes Nigeria, a digital pay TV has revamped one of its four bouquets on its Digital Terrestrial Television (DTT) platform, Nova Bouquet, to include three more channels. The additional channel, according to the company is a strategic move to further improve its rich entertainment to budget-conscious subscribers and offer them better value for their money. […]
InnJoo set to unveil first 6-inch smart phone with fingerprint technology
Fast-selling mobile device brand InnJoo is set to launch its latest brand offering known as Max 3 – a high-specifications smart phone with an epic six inch High Definition (HD) screen with fingerprint technology into the Nigerian mobile devices market to offer more value to millions of consumers. Built around an all-metal body design and […]
Microsoft to axe 2,850 more jobs
Microsoft Corp said it would cut about 2,850 more jobs over the next 12 months, taking its total planned job cuts to up to 4,700, or about 4 percent of its workforce. The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland. Microsoft bought Finland-based handset […]
Bezos dethrones Buffett, becomes third-richest person
Donald Trump’s donation this month of $2.86 billion of Berkshire stock to the Bill & Melinda Gates Foundation and four family charities has led to his drop to fourth place of the world’s richest person, behind Jeff Bezos, the founder and chief executive of Amazon.com Inc. Bezos climbed the ladder to become the world’s third-richest […]
Enugu Electricity Distribution Company partners SEOF to support education
By Amechi Obiakpu As part of its CSR initiative, the Enugu Electricity Distribution Company (EEDC), in partnership with Sir Emeka Offor Foundation (SEOF), a non-governmental organization, last week at Oraifite, Anambra State donated books and computers worth millions of Dollars to 15 tertiary institutions and 30 secondary schools across the South East states of Abia, […]
Hinckley, President Reagan’s would-be killer to go free after 34 years in psychiatric hospital
John Hinckley Jr., who wounded U.S. President Ronald Reagan and three other people in a 1981 assassination attempt prompted by a deranged obsession with actress Jodie Foster, can be freed from a psychiatric hospital to live with his mother, a federal judge ruled on Wednesday. U.S. District Judge Paul Friedman said Hinckley, 61, who was […]
Fosun agrees to buy KKR-backed Indian drugmaker for $1.4 billion
In what appears to be a season of acquisition, Shanghai Fosun Pharmaceutical Group Co Ltd has agreed to buy Gland Pharma – backed by KKR & Co LP – for about $1.4 billion, a source said. The deal however, will be India’s largest inbound acquisition this year. According to Reuters, the deal would be the […]
CBN directs banks to review foreign currency loans
The Central Bank of Nigeria (CBN) on Wednesday urged banks to review foreign currency denominated loans in line with the Prudential Guidelines for Deposit Money Banks in the country. This is contained in a statement signed by the Director of Banking Supervision, Mrs Tokunbo Martins, and posted on the website of the apex bank. The […]
Finance Minister calls for economic patriotism from Nigerians in the Diaspora
The Federal Government has called on Nigerians in the Diaspora to see the current economic realities in the country as good opportunities for them to participate actively in the ongoing efforts to reposition the nation’s economy. Finance Minister, Kemi Adeosun, who made the call at the 2016 Diaspora Conference in Abuja, on Monday, described Diaspora […]