Business

Naira bounces back against dollar

The Naira on Wednesday appreciated against the dollar at the inter-bank market, the News Agency of Nigeria (NAN) reports. The Nigerian currency gained 50k to close at N304.50 compared to N305 it traded on Tuesday. At the Bureau De Change (BDC) window, the Naira was sold at N400 CBN controlled rate, while the Pound Sterling […]

General

SERAs 2016: MultiChoice wins Most Improved Company Award

MultiChoice has been awarded the ‘Most Improved Company’ at the just concluded Sustainability, Enterprise and Responsibility Awards (SERAs) for Corporate Social Responsibility (CSR) in Lagos. This is in recognition of the company’s unwavering support and commitment to the growth of entrepreneurial enterprise, experiential quality education, entrenching quality standards in the film and media industries as […]

Business

Elumelu to African youth: Your time for leadership is now •Advocates entrepreneurship as career choice

African business leader and philanthropist, Mr. Tony O. Elumelu, stated that the time for leadership amongst Nigerian and African youth is now. Elumelu, who addressed the students of the Lagos State University, faculty members and officials of the Lagos State Government, whilst delivering the institution’s 1st Distinguished Lecture Series in Ojo, Lagos, spoke on the […]

Business

Samsung to acquire Harman for $8 billion

Samsung Electronics has agreed to buy auto tech company, Harman International Industries in an $8 billion deal, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean company. The transaction according to a Reuters report highlights Samsung’s efforts to break into the high-barrier automotive industry where […]