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As part of its diversification away from high-sugar drinks and into emerging markets, Coca-Cola has completed its acquisition of Nigerian juice company, Chi Ltd, makers of Chivita. The acquisition pricess...
Leading music label, Mavin Records have announced a multi-million dollar equity investment global strategic partnership deal with Kupanda Capital. The partnership deal is aimed at creating better opportunities for African...
Air France has scrapped its low-cost subsidiary airline, Joon, just 13 months after it was launched under the leaderships of former Air France-KLM CEO Jean-Marc Janaillac and former Air France...
Chinese consumers are obviously avoiding iPhones and other Apple products. In a letter to investors on Wednesday, CEO, Tim Cook, confirmed that traffic to Apple stores in China have declined....
Nigeria is the 110th best country for business in the world, according to Forbes' latest ranking. Among the 161 countries rated, the United Kingdom is number one while the Central...
Billionaire businessman, Femi Otedola is set to move his 75 per cent direct and indirect shareholdings in Forte Oil. This was revealed by the Nigerian Stock Exchange in a statement...
Diamond bank Plc has confirmed being in merger talks with Access Bank Plc, saying the move will create "Nigeria and Africa's largest retail bank by customers" In a statement signed...
Management of the NASCON Allied Industries Plc, a subsidiary of the Dangote Industries Limited has pledged its commitment towards a healthy living by the people by producing products that meet...
Apple Inc (AAPL.O) said on Thursday it would invest $1 billion to build a second campus in North Austin, Texas and another $10 billion for new data centers over the...
Nissan is recalling 150,000 vehicles spanning 11 models in Japan for dubious inspections for brakes and steering. Nissan Motor Co. Corporate Vice President Seiji Honda told reporters Friday that a...
Lanre Shittu Motors has set a target to be one of the biggest truck manufacturers in Africa as it rolls out 150 JAC trucks assembled at its new Lagos-based auto...
Qatar announced on Monday that it will withdraw from the Organization of the Petroleum Exporting Countries (OPEC), at the end of December. The Gulf nation's Energy Minister Saad Sherida al-Kaabi...
The Board of Directors of Nissan has voted to dismiss Carlos Ghosn as chairman following his arrest over allegations of financial misconduct. The automaker accused Ghosn of under-reporting his salary...
US President Donald Trump thanked Saudi Arabia on Wednesday for lower oil prices — a day after pledging the US would remain a “steadfast partner” of the kingdom despite the...
Japanese automaker, Nissan Motor Co Ltd, plans to oust Chairman Carlos Ghosn after alleging he had used company money for personal use and committed other serious acts of misconduct. Reports...
