Business Watch
Jeff Jones quits as Uber president
Jeff Jones has quit as president of Uber Technologies Inc. Jones, a marketing expert was hired less than seven months ago to bolster the reputation of the ride services company, Uber, which has been trailed by controversies in the past few weeks. Jones quit less than seven months after joining…
Read More »Tanzania hands Dangote plot of land to mine coal
Dangote Cement Company has been handed a 10-square-kilometre plot of land to mine coal, by the government of Tanzania. The plot of land, is in addition to the $500 million cement factory set up in 2015 by Aliko Dangote. The plot of land is situated in the southeastern town of…
Read More »Meddy Spa: Your skin tells a lot about you
People, who desire to stand out in the society, may have to pay a little attention to their lifestyle. Lifestyle that includes; what they eat, how they present themselves and how well they take care of their body both inside and out. In taking care of the body, one area…
Read More »Chi Farms celebrates 10th anniversary of partnership in poultry genetics
Chi Farms Limited is celebrating landmark ten years of business relationship with Aviagen, the global market leader in poultry genetics and owner of the popular ‘Arbor Acres’ broiler brand. The company said the partnership has made Chi Farms Limited the leading Grand Parent Integrator and distributor of quality day-old chicks…
Read More »Allianz Maroc targets double growth by 2021
Allianz Maroc, a member of the Allianz Group, has said that by 2021 it hope to become the benchmark in the Moroccan insurance market. To achieve this, it said that it will strengthen its presence in the market and double its market share. The company said in a statement on…
Read More »MTN records first loss in 22-year history
Telecoms giant, MTN has recorded its first ever loss. The telco said on Thursday that it made a $200 million loss in 2016, after suffering a huge fine in Nigeria and currency challenges in key markets. “MTN Group’s financial results for 2016 reflect the most challenging year in the company’s…
Read More »The new Mercedes-Benz E-Class, innovation at its finest
The E-Class is the core of the Mercedes-Benz brand and in the past has repeatedly redefined the standards in the business-class segment. Fresh in the country, through Weststar Associates, the sole authorised distributors of Mercedes-Benz products in Nigeria, the New E-Class carries this tradition into the future with a wealth…
Read More »Nokia relaunches 3310 mobile model
More than a decade after the iconic Nokia 3310 was phased out; the phone maker on Sunday unveiled a revamped version of the model. HMD global CEO Arto Nummela presented the new phone “Nokia 3310” during a press conference on February 26, 2017 on the eve of the start of…
Read More »Unilever: Kraft withdraws $143b offer
Kraft Heinz has backed off it’s $143 billion bid for Unilever, following Unilever’s rejection of the offer. The decision not to pursue what could have been the largest-ever takeover in the food and beverage industry came after 3G Capital and Buffett’s Berkshire Hathaway Inc., which together own about half of…
Read More »Lufthansa backs sale of plane tickets through third-party digital channels
Lufthansa Group has backed the sale of plane tickets through third party digital channels. With this, online event agents that want to spare their clients unnecessary effort will now be able to offer suitable Lufthansa flights directly from their websites or apps in combination with the event tickets. A statement…
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