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MTN kicks against S.African regulator’s recommendations on data costs
By News Desk
South African telecoms group, MTN, has vowed to vigorously oppose recommendations of the Competition Commission after the regulator instructed MTN and other telecommunication firms to lower data prices.
“We respectfully…
We will strengthen Lagos business environment- Sanwo-Olu
By News desk
Lagos State Governor, Babajide Sanwo-Olu, has assured the business community that his administration is ready to improve infrastructure around industrial zones in the state.
The Governor stressed that all necessary…
FG sets fresh conditions for border re-opening
By News Desk
Weeks after shutting the land borders to its neighbours, the Federal Government has set fresh conditions that must be met before the borders could be reopened.
The conditions were set yesterday when the Federal Government…
Indian automobile firm, Union lock horns over 3,000 job cuts
By News Desk
Tata Steel Europe has begun talks with its workers on a “transformation program” that involves up to 3,000 job cuts, prompting an angry response from union leaders who said the plan needed to be revised.
Indian-owned Tata…
Africa spends $35bn annually on food importation- ECA
By News Desk
Counsellor for Economic Cooperation at the Germany Embassy in Abidjan, Benjamin Laag, has condemned the huge funds spent annually by Africans on food importation.
Laag stressed the continent is blessed with vast agriculture…
China Car manufacturer mulls assembly plant for Lagos
By Olawale Abdul-Fatah
Following the visit of Lagos State Governor, Babajide Sanwo-Olu, to the headquarters of Guangzhou Automobile Group (GAC Motors) in China, the company has concluded plans to visit the state and establish a vehicle…
South African Airways on brink of collapse
By News desk
South African Airways (SAA) has nearly no cash left and may miss salary payments this month, a board member said on Wednesday, as a crippling six-day strike has pushed the state-owned airline to the brink of financial…
Nissan recalls 400,000 vehicles over braking system defect
By News Desk
Japan’s Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire.
The leak into internal…
16yrs after est., Etihad Airways can’t make profit- CEO
By News Desk
Abu Dhabi-based airways, Etihad Airways, has disclosed that 16 years after it commenced operation, it was yet to make any profit from the investment made when entering the sector.
Group CEO Tony Douglas, who disclosed…
Lagos Set to Patronise Local Boat Manufacturers
Lagos state government has assured local builders of boats that the state government would scale up their businesses by regularly patronising them in line with the vision of making water transportation one of the best possible…