Business

IBM To Offer iPads And iPhones For Business Users

International Business Machines Corp will partner exclusively with Apple Inc to sell iPhones and iPads loaded with applications geared at enterprise clients this fall, the company announced on Tuesday. The announcement, just two days before IBM releases its second quarter...

Senate Passes N271bn FCT 2014 Budget Proposal

SAN FRANCISCO, July 15, (THEWILL) – The Senate on Tuesday passed the N271 billion budget proposal for the Federal Capital Territory (FCT) for the 2014 fiscal year. It however called for a faster development of the territory by the Federal Capital...

Sale Of Nitel/Mtel Assets Gears Up As BPE Receives 17 Interests

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Despite its moribund state, Nigeria Telecommunication Ltd (NITEL) and its mobile arm, Mtel, are still attractive to investors as 17 bidders are now prospecting for their core assets in the ongoing guided liquidation exercise of the national telecom carrier. The...

Google’s Nest Launches Network Technology For Connected Home

Google Inc's Nest Labs on Tuesday unveiled an industry group to encourage makers of smart home gadgets like locks and light bulbs to use Thread, a new standard for devices to communicate on a network. The attempt by Nest, a...

China June Bank Loans Beat Expectations As Beijing Steps On The Gas

Beijing stepped up efforts to re-energise China's economy in June and avert a sharper slowdown, pumping more money into the system and pressing banks to extend more loans, but analysts say more stimulus will be needed to ensure a...

House Summons Okonjo-Iweala, Okogu

…As Parley With Striking Doctors Ends In Stalemate SAN FRANCISCO, July 14, (THEWILL) – Following the insistence of striking medical workers not to call of their ongoing strike after a meeting with the House of Representatives Committee on Health, the Minister...

Samsung Halts Business With Supplier In China On Child Labor Concern

Samsung Electronics Co Ltd said it halted business with a supplier in China over suspected use of child workers, the first time it has taken such a step, after criticism that its monitoring of labor practices at suppliers was...

China Charges GSK-Linked Investigators For Illegally Obtaining Private Information

Prosecutors in China have filed charges against British investigator Peter Humphrey and his American wife, the official Xinhua news agency said on Monday, after the couple were detained last year following work they did for British drugmaker GlaxoSmithKline Plc. The...

Insurers Struggle To Get Grip On Burgeoning Cyber Risk Market

Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. High profile cases of hackers seizing sensitive customer data from...

Argentines, Bond Holdouts Emerge From NY Meeting, No Resolution

Argentine officials and the holdout investors it has battled for years over its catastrophic 2002 default met separately with a court-appointed mediator on Friday, emerging after five hours of discussions without a resolution. This is the closest the two sides...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
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