BREAKING| Google buys Fitbit for $2.1bn
Business
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Business
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BREAKING| Google buys Fitbit for $2.1bn

Webby - November 3, 2019

Google will pay $7.35 per share for Fitbit, a wearables company in an all-cash deal that values Fitbit at $2.1bn. Relatively speaking, this is a great landing…

Nigerian Lady Laments After She Ordered For Grilled Chicken But Received A ‘Burnt Offering’
Business
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Business
259 views

Nigerian Lady Laments After She Ordered For Grilled Chicken But Received A ‘Burnt Offering’

Webby - November 1, 2019

A social media user named Uforo Essien has narrated how her cousin ordered for a roasted chicken but ended up getting a lean and poorly prepared chicken…

Border Closure: Ghana Traders Shuts Down Shops Owned By Nigerians In Major Markets
Business
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Business
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Border Closure: Ghana Traders Shuts Down Shops Owned By Nigerians In Major Markets

Webby - November 1, 2019

Angry members of the Ghana Union of Traders Association (GUTA) have shut down shops owned by Nigerians in major markets in Kumasi, the Ashanti Region capital. We…

MALABU SCANDAL: Jonathan’s bodyguard’s identity generates confusion in Italian Court
Business
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Business
198 views

MALABU SCANDAL: Jonathan’s bodyguard’s identity generates confusion in Italian Court

Webby - October 31, 2019

The identity of an alleged security aide to a former Nigerian President, Goodluck Jonathan, generated ripples at an Italian Court on Wednesday as hearing resumed on the…

Peugeot and Vauxhall owner agrees merger plan with Fiat Chrysler
Business
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Business
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Peugeot and Vauxhall owner agrees merger plan with Fiat Chrysler

Webby - October 31, 2019

Peugeot and Vauxhall maker PSA has agreed plans for a merger with Fiat Chrysler that would create the world’s fourth largest carmaker. PSA boss Carlos Tavares said…

Ecobank blames lower rate environment, others for poor performance
Business
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Business
146 views

Ecobank blames lower rate environment, others for poor performance

Webby - October 31, 2019

Ecobank Nigerian entity has blamed lower rate environment and competition, and the impact of the suspension of interest income on subsidy related oil/gas loans in Nigeria as…

28 Million Bank Customers Have No Credit History ~ CBN
Business
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Business
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28 Million Bank Customers Have No Credit History ~ CBN

Webby - October 31, 2019

The Central Bank of Nigeria (CBN) has said that 28 million bank customers have never received loans from their banks. Deputy Governor, Financial System Stability Directorate, CBN,…

Nigeria slumps in World Bank’s property registration ranking
Business
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Business
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Nigeria slumps in World Bank’s property registration ranking

Webby - October 29, 2019

There is no respite in sight for Nigeria’s troubled real estate sector as the latest doing business report by the World Bank ranked the ease of registering…

Bankers must work together to support economic growth – Ecobank Chief
Business
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Business
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Bankers must work together to support economic growth – Ecobank Chief

Webby - October 29, 2019

The Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Ade Ayeyemi says it is important for Nigerian bankers to work together to ensure that the banking industry…

$2bn tax case: MTN Nigeria to know fate next year
Business
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Business
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$2bn tax case: MTN Nigeria to know fate next year

Webby - October 29, 2019

A Federal Judge has finally fixed January 30th and 31st of 2020 to hear the allegations by the federal government of Nigeria against telecom giant, MTN Nigeria Plc over…