Business - Page 498

How Eko Electricity Distribution Company Lost N4 billion Under Tinuade Sanda

The Managing Director of Eko Electricity Distribution Company (EKEDC), Tinuade Sanda, said the firm lost N4 billion following damages to their property in the last six months. This has affected their operation.

Fakoyejo Olalekan

2 years ago

Business

Aliko Dangote Makes N73.96 billion In One Day, As Billionaire’s Wealth Grows, Rank Changes

The wealth of Africa’s richest man, Aliko Dangote, increased by 1.27% on Wednesday, just a day after his networth dropped by -1.78%. The billionaire’s fortune rose following a rise in Dangote Cement’s

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Pres. Buhari Told To Remove Fuel Subsidy After Rejecting IMF, World Bank Advice

Nigeria’s Extractive Industries and Transparency Initiative (NEITI) has expressed its disagreement with President Muhammadu Buhari’s statement over the removal of fuel subsidy, which has suspended for 18 months in January. On Tuesday,

Fakoyejo Olalekan

2 years ago

Business·Oil & Gas

Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce that Accugas Limited (“Accugas”), the Company’s 80% indirectly owned subsidiary,

Fakoyejo Olalekan

2 years ago

Business·Tech News

Facebook Messenger Risks Losing To Telegram, As New Payment Subscription Emerges

Telegram is looking poised to surpass Facebook messenger userbase, as it reaches 700 million monthly active users. The growth of the firm reflects the intense competition in the global messenger app markets.

Fakoyejo Olalekan

2 years ago

Business·Latest News

Buhari Finally Reacts To Godwin Emefiele’s Political Ambition, Discloses Those To Probe CBN Governor

Months after the Central Bank of Nigeria (CBN), Godwin Emefiele, decided to withdraw from contesting for an elective position in the government, President Muhammadu Buhari has addressed the outcry that trailed his

Fakoyejo Olalekan

2 years ago

AMA News·Business

VivaTech unveils the 3 winners of AfricaTech 2022

PARIS, France, 22 June 2022 -/African Media Agency (AMA)/- As part of its international outreach, and for the first time this year, VivaTech organised the AfricaTech Awards, alongside the International Finance Corporation (IFC),

Prime Business Africa

2 years ago

Business

Former Tesla Elevator Worker Rejects $15 million Court Ordered Elon Musk To Pay – Here’s Why

The $15 million awarded by a United States District, Judge William Orrick, to former Tesla elevator operator, Owen Diaz, has been rejected, with the ex-employee demanding the electric carmaker, owned by Elon

Fakoyejo Olalekan

2 years ago

Business·Latest News

Kellogg’s Breaks Up Into Three

Kellogg has concluded plans to split into three food businesses after studying similar break-ups in its own industry and by other companies such as the General Electric. ”We believe the agility and

Victor Ezeja

2 years ago

Business·Opinion

Shift Towards Domestic Tourism A Game Changer In Post-Covid-19 Recovery – Wayne Godwin

By Wayne Godwin For decades, tourism has remained a major contributor to the GDP of African economies. In 2019, the industry accounted for about seven percent of Africa’s GDP and contributed $169

Wayne Godwin

2 years ago

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Business - Page 498

How Eko Electricity Distribution Company Lost N4 billion Under Tinuade Sanda

Aliko Dangote Makes N73.96 billion In One Day, As Billionaire’s Wealth Grows, Rank Changes

Pres. Buhari Told To Remove Fuel Subsidy After Rejecting IMF, World Bank Advice

Savannah Energy’s Accugas Begins First Gas Sales to FIPL’s Trans Amadi Power Plant

Facebook Messenger Risks Losing To Telegram, As New Payment Subscription Emerges

Buhari Finally Reacts To Godwin Emefiele’s Political Ambition, Discloses Those To Probe CBN Governor

VivaTech unveils the 3 winners of AfricaTech 2022

Former Tesla Elevator Worker Rejects $15 million Court Ordered Elon Musk To Pay – Here’s Why

Kellogg’s Breaks Up Into Three

Shift Towards Domestic Tourism A Game Changer In Post-Covid-19 Recovery – Wayne Godwin

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