Naspers Limited, parent company of MultiChoice Africa, is having discussions with MTN, South African telecommunications company, regarding the sale of the company, The Cable reports. MultiChoice Africa is the …
Business
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BrandsBusinessIT & Telecoms
E.U. slams Facebook with $122 Million fine over misleading information
by Reporterby ReporterThe European Commission (EU) slammed Facebook with $122 million fine for misleading information about its $19 billion acquisition of WhatsApp in 2014. According to the EU, Facebook said that …
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The Managing Director/Chief Executive Officer of the Nigerian Aviation Handling Company Plc, (Nahco Aviance), Nobert Bielderman, has resigned. According to statement signed by Tayo Ajakaiye, the company’s corporate communications manager, Mr. …
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FBN General Insurance says it has commenced awareness programmes in the north eastern part of the country to sensitise residents to take insurance cover to mitigate future unexpected losses. Mr …
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Nigerians appear to have desisted from the importation of new vehicles this year owing to the limitation of the recessive economy and other custom issues. Only 350 new vehicles were …
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The strength or value of a currency is an index of its purchasing power, reflecting the current economic situation of a country in comparison with other countries in the world. …
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Zenith Bank is a leading bank in Nigeria. It has a few seasoned bankers running the affairs of the bank. In this report, City People unveils the big boys and …
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The management of Keystone Bank has proceeded on a drive to give a face-lift to its various branches across the country as part of the post- divestment re positioning. This …
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Business
SEC to prosecute investors using false identity for share subscription
by Arinze Agoby Arinze AgoThe Securities and Exchange Commission, SEC, on Wednesday warned that it would henceforth prosecute investors using a false identity for share subscription. The Director-General of the Commission, Mounir Gwarzo, stated …
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Apple Inc., the maker of iPhone and Mac computers has become the first company to cross the $800 billion market value threshold after a rise in stock price early in …

