Business

Boeing Co (BA.N) reported a 53% drop in quarterly profit on Wednesday and had a negative free cash flow of $2.89 billion in the quarter, compared with a positive free cash flow of $4.10 billion a year earlier. Core operating earnings fell to $895 million or $1.45 per share, from …

NEGOTIATIONS for over $150 million Chinese loan for procurement of back-up satellite in the orbit by the Nigerian Communications Satellite Limited (NigComSat), might have been abandoned due to technical hitches, it was learned on Tuesday. The backup satellite is meant to strengthen the commercial operations of NigComSat and was one …

Samsung Electronics Co Ltd has updated software to fix problems with fingerprint recognition features on its flagship Galaxy S10 and Note 10 smartphones, it said on Wednesday. Samsung issued an apology through its customer support app Samsung Members and told its Galaxy phone users to update their biometric authentication to …

President Muhammadu Buhari has congratulated Canadian Prime Minister Justin Trudeau on his election victory. The President, according to a statement by the Special Adviser on Media and publicity, Chief Femi Adesina, also felicitated with the Liberal Party of Canada and Canadians generally on the outcome of the Federal election in …

President Vladimir Putin said on Wednesday that Russia would aim to double trade with Africa over the next five years, at the opening of a summit aimed at reviving Moscow’s ties with the continent. “We currently export to Africa $25 billion worth of food — which is more than we …

Vice President Yemi Osinbajo on Wednesday presided over the Federal Executive Council meeting at the Presidential Villa, Abuja. President Muhammadu Buhari is in Sochi, Russia, attending a three-day Russia-Africa Summit holding from Oct. 23 to Oct. 25. READ ALSO:Energy experts want market forces to determine price of power Osinbajo had …

Industry leaders in the energy sector have called on the Federal Government to allow market forces to determine the price of power rather than the present system of price-fixing by the National Electricity Regulatory Commission (NERC).  They were speaking at the 2019 Energy Sustainability Conference which held in Lagos. The …

AOS Orwell has indicated its readiness to participate actively in the Nigeria LNG Train7 and Bonga South West Aparo Projects, two of the major oil and gas projects expected to commence soon in the country. The Managing Director, Femi Omotayo, at a discussion with journalists in Lagos, said AOS Orwell …

Successful client service is a partnership; one that is based on business goals and deliverables. And, like any relationship, it relies on the same elements to succeed.  Things such as trust, communication, respect, and a clear understanding of who your client is, how they think, and what they need to be …

By Brett Hyman Facebook’s recent TV commercial showcasing the social network’s Groups capabilities shows us that the digital age has not eliminated our desire to spend time together in the physical world. The spot’s tagline, “Let’s find more that brings us together,” should be an anthem to consumers and brands alike—bringing …