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Category Archives: Business

Microsoft Buys Nokia: What Does It Mean For Rivals?

Posted ago by admin

Microsoft CEO Steve Ballmer, left, with Nokia’s chairman of the board Risto Siilasmaa during a news conference in Espoo, Finland. Photograph: Lehtikuva/Reuters Microsoft‘s purchase of Nokia‘s handset business, along with a long-term licence of its patent portfolio and for its Here …

Forbes/Channel O List Of Top 10 Most Wealthiest African Artists 2013

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Channel O and Forbes Africa yesterday Sunday (1st of September ) presented their list of the top 10 most wealthiest African artists. The list is based on artist sales, endorsement and appearances. See the full list below: value, popularity, show rates, awards, YouTube views, …

Traits Young Entrepreneurs Need To Succeed

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It takes more than a great business idea and a huge capital base to hit it big in the business world, SIMON EJEMBI writes …It is true that limited access to funds has been a major setback for businesses in …

Iyanya Becomes Brand Ambassador For Zinox Group

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Iyanya is chopping endorsement deals anyhow. First MTN, now Zinox Group. The Kukere crooner yesterday signed a three hundred and fifty thousand dollars one year endorsement deal with Zinox Computers. Zinox computers, which is Nigeria’s first certified branded computers, will …

Samsung Announces Galaxy Golden Dual Screen Flip Phone

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Samsung already created waves with the Galaxy S4 mini, the soon to be announced Galaxy Note III and just released the Galaxy Mega 6.3-inch phone. Now, behold another wonder from the tech giant; flip is back and its shimmering in …

Burna Boy Sells Album Rights For N10million

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Burna Boy and his record label, Aristokrat Records are dancing to the bank after they reportedly sold the marketing rights for Burna’s debut album to ‘Alaba marketer’. Popular Alaba marketer Uba Pacific is said to have bought the rights for …

Dangote Wants Govt To Export Petroleum Products

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The President/Chief Executive Officer, Dangote Group, Alhaji Aliko Dangote, has urged the government to begin the production of petroleum products for export as part of strategies to diversify the nation’s export base. He made the call in a keynote address …

World Bank Warns African Countries On High Debt Profile

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The World Bank wants developing countries to adopt effective Debt Management Performance Assessment Tool (DeMPA) to enhance clarity between monetary policy implementation and debt management for sustainable growth, stressing that domestic capital markets are fragile in low income countries in …

59% Of Nigerians Are Unaware Of Mobile Money – Report

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Almost two years after the Central Bank of Nigeria introduced mobile money services to drive financial inclusion in the country, a new survey by NOI Polls has revealed that about 59 per cent of the populace are unaware that such …

Jude Okoye Signs First Artiste To Northside Music

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  Jude Okoye has signed his first artiste to his newly created Northside Music Inc. label. He announced today (August 22, 2013) rapper Cynthia Morgan as his first act. Okoye, who is the elder brother of Pop duo Psquare is the President/C.E.O of Square Records and Northside Entertainment Ltd. He has …

Wizkid Signs First Artiste To StarBoy Label

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Wizkid has made his first signing to his StarBoy label. The Pop singer announced his newest signing L.A.X on social media site Twitter, minutes after the label debuted it’s first official video ‘Caro’. ‘Caro’ features Wizkid and L.A.X and was …

Fraudulent Transactions In Banks Rises To 43.7% — NDIC

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  Despite measures  put in place by banks, regulators of  the finance sector as well security operatives, the volume and value of fraud in the banking industry are on the increase. According to the Nigeria Deposit Insurance Corporation 2012 annual report, …

FG Paid N119.2bn Severance Benefit To PHCN Workers

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  The federal government said yesterday that it had so far paid a total of N119.17 billion as severance benefits to staff of the Power Holding Company of Nigeria (PHCN). The government also gave the assurance that the power sector reform …

4 Tips To Survive On Minimum Wage

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Fast food workers around the country are striking over the federal minimum wage—and it’s easy to understand why. The federal minimum wage is a paltry $7.25 an hour, and the most recent increase to this pay rate happened way back in 2009. Meanwhile, …

Rihanna’s Newest River Island Campaign Project

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  Aside from working hard on her remarkable singing career, Rihanna has been busy with her clothes line. “This line was inspired by G4 Life and my own personal everyday wear. Based on my woman empowerment messages in my lyrics.” …

44 Public Officers, Two Firms Honoured With Productivity Awards In Enugu

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Forty-four public officers and two private firms were on Friday honoured with the productivity merit awards by the Enugu State Government in recognition of their outstanding performances in the areas of production and services to the state. The awards were …

‘I don’t Charge A Kobo For Collabos’, Ice Prince

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  While performing at the grand finale of this year’s Star Music Trek, Ice Prince revealed that he has never charged any artiste to feature on their song. ‘I’ve never collected a kobo to do a collabo with any artiste. If the song is …

What To Do When You Realize You Chose A Wrong Career

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Culled from Brazen Life: You loved every second of your four undergraduate years. From day one, you knew this was exactly what you were meant to do for the rest of your life. You could see yourself being fulfilled by a …

Robbie Savage Reveals Footballers’ Tricks To Engineer A Transfer

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  Robbie Savage is one of British football’s most controversial and colourful characters. Now a successful football pundit on television, radio and online, he enjoyed 17 seasons as a professional footballer, beginning his career at Manchester United and ending it …

Mass Sack Imminent, As New Owners Takes Over PHCN

Posted ago by admin

  The sack of over 20,000 or 37 per cent of the estimated 54,000 workers of the Power Holding Company of Nigeria (PHCN) became imminent at the weekend, as the Federal Government insisted that it would hand over the company …