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9mobile: Court sacks interim board

…as investor warns Glo, Airtel, others The Federal High Court, Ikoyi has nullified the Ex Parte Order earlier issued on 3rd July 2017 approving the appointment of an Interim Board for Emerging Markets Telecommunications Service (EMTS), now 9mobile. The company is the fourth largest telecommunications service operator in Nigeria. Document obtained by DAILY POST shows […]

Opec exit strategy, electric vehicles to set energy tone for 2018

OPEC

Oil markets can see light at the end of the tunnel in 2018. A year of production cuts by the Organisation of Petroleum Exporting Countries, OPEC, and its allies has reduced global stockpiles and revived prices. A barrel of Brent crude is now worth almost a fifth more in value than it was 12 months […]

Euro slips as stocks drop in muted holiday trading

trading

Thin trading was the biggest feature of global markets on Tuesday, with stocks in emerging nations turning lower and most major currencies lacking direction as many countries remained on holiday. The euro declined, gold rose, and U.S. Treasuries edged downward. Equities were shut across the large European markets, as well as in parts of Asia […]

Access Power, FMO inaugurate second edition of solar ‘shark tank’ competition

Access

FMO the Dutch development bank, and Access Power, a leading developer, owner and operator of power projects in emerging markets, has announced the launch of the 2018 FMO Access Power Solar ‘Shark Tank’ competition, following the competition’s successful first installment in 2016 at the ‘Making Solar Bankable’ conference. The initiative is aimed at helping local […]

CPC removes N242.3m sub-standard goods from markets

The Consumer Protection Council (CPC) removed sub-standard goods valued over N243.2 million the nation’s markets in the out-going year, with the food and beverages products alone accounting for more than N200 million. Disclosing this recently in Lagos at the public presentation of the agency’s 2016 Annual Report, CPC Director-General, Mrs. Dupe Atoki, stated that over […]