Business

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

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

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

…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

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

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