Business

Facebook Buys WhatsApp For $19 Billion: CEO Mark Zuckerberg Explains Why

Facebook Buys WhatsApp For $19 Billion: CEO Mark Zuckerberg Explains Why

Business February 20, 2014 at 12:26 pm 0 comments

Facebook, on Thursday, agreed to buy mobile messaging service WhatsApp for $19 billion, making it the company’s largest acquisition. As per the terms and conditions of the deal, all 55 employees of WhatsApp including its founders will be granted restricted stock worth $3 billion

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Ngozi Okonjo Iweala

FG Begins Implementation Of 2014 Budget Before Passage Into Law

Business February 20, 2014 at 8:53 am 0 comments

Despite that the 2014 budget is still awaiting passage by the National Assembly, the federal government has commenced the implementation of provisions in the proposal.
The federal ministry of finance, yesterday, said it has released the sum of N200 billion for the execution of various capital projects for the first

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Why Owners Of Jumia Sold Off Their Firm

Why Owners Of Jumia Sold Off Their Firm

Business February 19, 2014 at 4:45 pm 1 comment

Jumia is rated as one of the thriving e-commerce brands in Nigeria. It became a household brand within two years. The owners’ decision to sell all their equity to some global investors has sparked interest, writes ADEDEJI ADEMIGBUJI.
Emotions ran high the day co-founders of Jumia Raphael Afeador and Tunde

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Abia Is Safe For Investments, Says Orji

Abia Is Safe For Investments, Says Orji

Business February 19, 2014 at 12:46 am 0 comments

…Commends Hy-Lok Nigeria Ltd for investing in the state

Abia State Governor, Chief Theodore Orji, says his administration will continue to provide the enabling environment for businessmen to invest in the state.

Governor Orji gave the assurance when he received the Chairman and members of Board of Directors

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CPC Moves Against  Coca-Cola Over Circulation Of Harmful Sprite Drink

CPC Moves Against Coca-Cola Over Circulation Of Harmful Sprite Drink

Business February 19, 2014 at 12:13 am 0 comments

Determined to fully protect Nigerian consumers from unwholesome practices of multi-national and local companies, the Consumer Protection Council has directed the Coca-Cola Nigeria Limited and the Nigerian Bottling Company to subject their manufacturing processes to the Council’s inspection for a period of 12 months to ensure compliance with laid down

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2014 Budget Of Corruption! How Ministry Of Finance Copied 2012 And 2013 Budgets Word For Word

2014 Budget Of Corruption! How Ministry Of Finance Copied 2012 And 2013 Budgets Word For Word

Business February 5, 2014 at 10:29 am 0 comments

A member of the Senate representing Ekiti Central in the National Assembly, Senator Babafemi Ojudu, has said that he has uncovered what can be term a monumental fraud in the 2014 budget.
The Senator at Tuesday sitting of the Senate explained to his colleagues that he compared the 2014 budget

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