HP buys Samsung’s $1bn printer business

HP said the acquisition would help it to “disrupt and reinvent” the $55bn copier industry, a segment that “hasn’t innovated in decades”. It is buying a big printing presence in Asia, as well as Samsung’s […]

RECESSION | CBN says Nigeria is in trouble

The nation’s apex bank, Central Bank of Nigeria (CBN) yesterday announced that it was aware of the troubling economic outlay in country. It declared that as part of palliative measures, it has established special funds […]

‘Recession forcing artisans out of Nigeria’

Artisans from neighbouring countries are leaving Nigeria in droves as the economic recession has drastically cut jobs, the Nigerian Institute of Architects (NIA) has said. Arc. Usman Isyaku Bala, the newly re-elected chairman of the […]

Price of cement to increase | Manufacturers

Cement manufacturers have warned that if the Naira is further devalued, the price of cement will be increased further because they need a substantial amount of forex to pay expatriates, buy diesel, fuel, spare parts […]

Recession hits ram sales as Eid approaches

With the naira currency in free fall and inflation soaring, few Nigerians can escape the country’s economic troubles — and that includes Muslims preparing for Eid al-Adha. Livestock traders and buyers said the sale of […]

Lagos: Muslims lament high cost of rams

Barely 72 hours to this year’s Eid-el-Kabir, price of rams may force some Muslims to rethink the obligation of slaughtering rams. This was even as many civil servants in the state lamented the ‘tough’ situation. […]

BREAKING NEWS: Michael Olorogun Ibru is dead

The head of Ibru Dynasty, Michael Ibru is dead. Michael Olorogun Ibru is a prominent Nigerian businessman from Agbarha-Otor, Delta State. He is the head of the Ibru Organization, one of the largest conglomerates in Nigeria. […]

Pokémon GO Global Revenue @ $440 M

According to Sensor Tower, an app analytics firm, Pokémon GO has just passed $440 million in worldwide gross revenue. Sensor Tower has put Pokémon GO’s revenue up against some the summer’s biggest film releases instead […]

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