business news

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    Business Oil prices climb towards $80 – PM NEWS Nigeria

    Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November.... Read more via PM NEWS Nigeria – https://ift.tt/2oUWwla Get more: Nigeria Business News
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    Business Jack Ma expected to detail Alibaba succession plan – CNN

    Jack Ma is reportedly set to announce his plans for retirement as executive chairman of Alibaba and the company's future leadership on Monday, which also marks the billionaire's 54th birthday... Read more via CNN – https://ift.tt/2Q90tPE Get more: Nigeria Business News
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    Business Billionaire Jack Ma prepares for life after Alibaba. He’ll retire Monday, report says – Los Angeles Times News

    Jack Ma, China’s richest man, is laying the groundwork for a future away from Alibaba Group Holding Ltd., the company he co-founded and turned into an e-commerce juggernaut. On Friday, the New York Times reported that Ma said he... Read more via Los Angeles Times News –...
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    Business Nike sales surge 31% in days after Colin Kaepernick ad unveiled – The Guardian

    The Nike ad starring Colin Kaepernick does not appear to have adversely affected sales, an analyst said on Saturday. 'It's about injustice': anthem protests still divide as NFL season kicks off Read more According to Edison Trends, a digital commerce research... Read more via The Guardian –...
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    Business Alibaba’s Jack Ma to unveil succession plan next week, remain chairman – Reuters

    Alibaba Group Holding Ltd’s (BABA.N) billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being.... Read more via Reuters – https://ift.tt/2M9PlyW Get...
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    Business 5G is almost here — here’s how everyone’s getting ready – The Verge

    5G is coming, and it’s going to have a massive impact on almost every facet of how we use technology, with faster speeds and lower latency theoretically opening up huge new frontiers in everything from smartphones to self-driving cars.... Read more via The Verge – https://ift.tt/2NuW6zQ" Get...
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    Business Facebook loses more younger users – Survey – Punch Newspapers

    The world largest social media platform Facebook is losing a large number of young users as about one in four of them had removed the app from their smartphones in the past one year, a new Pew Research Center survey. The survey found that a whopping 44 per cent of users aged... Read more via...
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    Business WiFi.com.ng’s parent firm Tizeti raises $3 million Series A to expand into Ghana – TechMoran

    According to Kendall Ananyi, CEO and Co-Founder of Tizeti, “Tizeti was built to tackle poor internet connectivity not only in Nigeria, but on the continent as a whole, by developing a cost-effective solution from inception to delivery, for reliable and uncapped.... Read more via TechMoran –...
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    Business Afreximbank Unveils Programme To Aid African Banks – Leadership Newspaper

    The African Export-Import Bank (Afreximbank) said it has set up a trade finance facilitation programme to mitigate the stringent compliance and regulatory requirements imposed by international banks on African banks for trade confirmation lines..... Read more via Leadership Newspaper –...
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    Business People are destroying their Nike shoes and socks to protest its Colin Kaepernick ad campaign – Business Insider

    Nike’s new ad campaign stars Colin Kaepernick, the football player who refused to stand … Read more via Business Insider – https://ift.tt/2LWVM8i Get more: Nigeria Business News
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    Business KFC Plans To Give $11,000 To Any Parent Who Names their Baby after its Founder – Details – NaijaBizCom.Com

    What’s in a name? Well, if the name is Harland, it could be worth a hefty chunk of ... Read more via NaijaBizCom.Com – https://ift.tt/2Nh1HtO Get more: Nigeria Business News
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    Business Coca-Cola just spent $5.1 billion on a massive British coffee chain - Businessinsider News

    Coca-Cola announced on Friday that it would buy British coffee-shop … Read more via Business Insider – https://ift.tt/2CjaF5x Get more: Nigeria Business News
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    Business Chad Signs Deal With Ethiopian Airlines To Launch National Carrier – Channels Television

    Ethiopian Airlines and the government of Chad have signed an agreement to launch Chad’s new national carrier on Oct. 1, officials said on Friday. Ethiopia’s state-owned flag carrier is in talks with a number of... Read more via Channels Television – https://ift.tt/2LLV25R Get more: Nigeria...
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    Business Finance: More than 127,000 Ghanaians now own shares in MTN – Pulse.ng

    MTN Ghana has raised 1.1 billion cedis (about $236 million) as the wireless carrier announced the successful completion of its Initial Public Offer on the country's stock exchange. According to the sale's prospectus seen by... Read more via Pulse.ng – https://ift.tt/2PoHv6j Get more...
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    Business Nigerian business captains huddle at Oracle University on Big Data – Premium Times Newspaper

    Nigerian business leaders with an eye to enhance organisational performance and value creation in the new digital environment, are huddling together at a three-day capacity building session from September 3 at the Oracle University, in Reading, the United Kingdom.... Read more via Premium...
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    Business Toyota Confirms $500 Million Investment In Uber – Ubergizmo

    It was reported yesterday that Toyota might decide to invest $500 million in Uber for self-driving cars. The report wasn’t immediately confirmed by either company but it has... Read more via Ubergizmo – https://ift.tt/2Lzzh99 Get more: Nigeria Business News
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    Business Finance: Warren Buffett’s Berkshire Hathaway is entering a $1 trillion market in India – Pulse.ng

    Warren Buffett's Berkshire Hathaway is putting some of its massive cash pile to work in India. Berkshire confirmed Monday it has... Read more via Pulse.ng – https://ift.tt/2MQMEqo Get more: Nigeria Business News
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    Business Bloomberg report confirms three new iPhone models are coming this fall – Bloomberg News

    Over, the past several months, we’ve seen countless reports from a variety of sources all claiming the same thing: Apple is preparing to launch three new iPhone models this... Read more via Bloomberg News – https://ift.tt/2MAy2MA Get more: Nigeria Business News
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    Business Elon Musk Says Tesla Will Remain a Public Company – More Top Stories – Google News

    In a statement late Friday night, Elon Musk, the electric-car maker’s chief executive, said he and the company’s board had concluded that they would not turn... Read more via The New York Times – https://ift.tt/2Ne2Dvn Get more: Nigeria Business News
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    Business Facebook suspends 400 apps, bans one in data use investigation – CNET

    Facebook suspended 400 and banned one of the thousands of apps it's investigated since the Cambridge Analytica data sharing scandal began in March, the company... Read more via CNET – https://ift.tt/2P2y4JV Get more: Nigeria Business News
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