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Category: Business

Business Features Op-Ed

Why only truly indigenous e-commerce companies are champions

Iheanyi Ejiofor October 30, 2018

   By midday on Tuesday, September 4th, 2018, a remarkable development, whose reverberations are still felt today, shook the e-commerce world and the whole of Wall Street. Amazon, an American…

Read More Why only truly indigenous e-commerce companies are champions
Business Economy

Forex: Inter-bank market gets another $210m boost

Iheanyi Ejiofor October 30, 2018 headline

Authorized dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million as intervention from the Central Bank of Nigeria (CBN) on Tuesday, October 30,…

Read More Forex: Inter-bank market gets another $210m boost
Business headline

Dangote Flour Mill breaks Guinness puff-puff record

Iheanyi Ejiofor October 28, 2018 headline

The Dangote Flour Mill has broken the Guinness Book of Records for the World’s Largest Puff-Puff pyramid, as it fried two metric tonnes of flour to celebrate the 2018 World…

Read More Dangote Flour Mill breaks Guinness puff-puff record
Business headline

Total, Nestle lift trading on NSE

Iheanyi Ejiofor October 25, 2018 headline

Trading closed on positive note on the Nigerian Stock Exchange (NSE) on Thursday, with some highly capitalised stocks recording price appreciation. The News Agency of Nigeria (NAN) reports that Total…

Read More Total, Nestle lift trading on NSE
Business

Italy fines Apple, Samsung for ‘slowing phones’

Iheanyi Ejiofor October 24, 2018

Italy’s competition authority on Wednesday said it was fining Apple and Samsung 10 and five million euros ($11.5 and $5.7 million) respectively for the so-called “planned obsolescence” of their smartphones.…

Read More Italy fines Apple, Samsung for ‘slowing phones’

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