EU plans retaliation in aircraft dispute with the U.S.
Businessam Staff
April 9, 2019
By Oluwaseun Afolabi, with agency report The European Union has begun preparations to retaliate over Boeing subsidies, an EU official said on Tuesday, a day after Washington listed EU products it plans to hit with tariffs in their aircraft dispute. The U.S. Trade Representative here on Monday proposed a range of EU products ranging from large commercial […]
Japan sets sights on tighter anti-trust regulations for Big Tech
Businessam StaffFebruary 13, 2019
Japan’s government plans to set up a new watchdog to scrutinize big tech companies like Facebook and Google amid growing concerns about monopoly practices and the handling of personal data. The new regulator will examine competitive practices, the protection of personal data, and make anti-trust recommendations, according to a presentation made at a government advisory […]
Zinox chief says Nollywood is Africa’s biggest wealth creator
Justice OkamgbaSeptember 5, 2018
Leo Stan Ekeh, a serial digital entrepreneur and chairman of Zinox Group, has identified the Nigerian movie industry, better known as Nollywood, as the next biggest wealth creator in Africa. According to a statement made available to business a.m., Ekeh is quoted to have made the declaration at the 6th edition of the Africa Magic […]
Mixed reactions trail MultiChoice’s appeal against ruling on stay of action on fee hike
Justice OkamgbaSeptember 3, 2018
Industry analysts and players have reacted differently to the move by MultiChoice Nigeria, owners of DStv and GOtv, to appeal against a federal high court’s interim order for it to stay action on hike of its subscription fees. Some analysts say the current business realities and the complexities of running a business in Nigeria may […]
Is Internet access making university education irrelevant?
Justice OkamgbaAugust 30, 2018
The Internet is tipped as one of the greatest innovation in the history of mankind due to the ubiquitous access to information it provides at little or no cost. Many individuals across the globe are beginning to question the significance of acquiring a degree since the knowledge and information could be easily accessed from the […]
AgroNigeria to spend N350m on movies, TV series in partnership with Nollywood making agric attractive to youths
Temitayo AyetotoAugust 29, 2018
AgroNigeria, an agro-business firm is set to expend N350 million in partnership with Nollywood entertainment and the creative industry to produce movies and television series to upscale youth attraction to agriculture. Richard-Mark Mbaram, the chief executive officer (CEO), at a conference on Wednesday said the creative industry is an effective instrument to increase youth awareness […]
Viacom reports 3.7% drop in quarterly revenue
Businessam StaffAugust 9, 2018
Viacom Inc., an American multinational media conglomerate with interests primarily in film and television, reported a 3.7 percent fall in quarterly revenue on Thursday due to a drop in domestic advertising sales and fees it collects from cable TV operators. Net income attributable to Viacom, which is exploring a merger with CBS Corp, fell to […]
Swype Global seeks strategic sponsorships and partnerships to reform music talent discovery in Africa
Justice OkamgbaAugust 8, 2018
Nigeria’s potential as a technology market hub continues to attract attention from international organizations. Swype Global Ltd, a UK digital startup has made a strategic entry into Nigeria with a 50 percent investment in SGL-Swypatune Nig. Ltd. This entry is in a bid to properly harness the potential of music talents in Africa using digital […]
International Breweries rallies behind Nigeria Super Eagles with ‘Raise a Trophy’ campaign
Chukwuemeka ObiomaJune 20, 2018
International Breweries Plc, a part of the world’s largest brewer, Anheuser-Busch InBev, (AB InBev) through its Trophy lager, has launched a campaign, #RaiseATrophy, aimed at supporting Nigeria’s national team at the ongoing 2018 FIFA World Cup in Russia. The campaign is fueled by the belief that when confronted by challenges, Nigerians have always risen to […]
GLO excites subscribers with ‘Go Russia’ offer
Businessam StaffMay 21, 2018
Lucky subscribers on the platform of Globacom will enjoy an all-expenses-paid trip to Russia, courtesy of the company. This follows the launch of a new promotion called “Go Russia” which the operator unveiled for the exclusive enjoyment of millions of its subscribers across the country. According to Globacom, the #GoRussia promo will offer 22 lucky […]