Google Inc and Samsung Electronics Co Ltd have asked Chinese regulators to ensure that Microsoft Corp's bid to acquire Nokia Oyj's phone business did not lead to higher licensing fees on patents that remain with the Finnish company, Bloomberg reported on Monday. The companies joined Chinese mobile phone makers Huawei Technologies Co Ltd and ZTE Corp in voicing concerns about Microsoft gaining more power in the smartphone market, the report said
Updated 5 Years ago

The process of repositioning and restructuring Union Dicon Salt has started when the board of Union Dicon Salt Plc announced the appointment of Bex Nwawudu and Chuka Mordi as Co-Managing Directors of the company.
Updated 5 Years ago

The Central Bank of Nigeria (CBN), in collaboration with relevant stakeholders in the banking industry, has developed uniform account opening forms for customers.
Updated 5 Years ago

Transactions on the Nigerian Stock Exchange recorded marginal growth on Thursday with the market indices appreciating by 0.06 per cent.
Updated 5 Years ago

ASO Savings and Loans plc has revealed its plan to significantly build up its mortgage loan portfolio and aggressively expand to all states of the federation.
Updated 5 Years ago

UAC Nigeria plc has introduced a refreshingly different magazine entertainment programme on TV as part of its commitment to touching lives of its consumers.
Updated 5 Years ago

Underwriting firm, STACO Insurance plc is planning to raise additional capital up to N3 billion that enable the company play stronger in the nation’s financial services market.
Updated 5 Years ago

The Managing Director Nigerian Export–Import Bank (NEXIM), Mr. Roberts Orya, has said that the ongoing Borderless Alliance conference in Lagos has potentials to totally remove non-tariff barriers to trade across the ECOWAS sub-region and Africa.
Updated 5 Years ago

New economic activities have arisen between Nigeria and the United Arabs Emirates (UAE) as a result of the air connectivity occasioned by Emirates Airline. This has increased the bilateral trade volumes between both countries to $857 million in 2009 from $106 million in 2004, a 710 percent increase in a 5-year period.
Updated 5 Years ago

General Electric (GE) will triple its sales of gas-fired turbines to emerging markets (EM) such as Nigeria, over the next three years, said GE Chief Executive Officer Jeffrey Immelt.
Updated 5 Years ago