Business News

Tencent Is Now Worth $72 Billion More Than Facebook

20/3/2018/Bloomberg By Lulu Yilun Chen Tencent Holdings Ltd. is now about $72 billion more valuable than Facebook Inc., a rift that’s widened to its largest level ever as the California-based company deals with a string of controversies culminating in the Cambridge Analytica data crisis. Meanwhile, China’s largest corporation is riding […]

Amazon is now second most valuable U.S.-listed company, tops Alphabet

21/3/2018/Reuters Noel Randewich, April Joyner   Amazon.com (AMZN.O) became the second most valuable publicly listed U.S. company on Tuesday, surpassing Google parent Alphabet Inc (GOOGL.O) for the first time. Amazon shares finished up 2.69 percent at $1,586.51, for a market capitalization of $768 billion, underscoring Wall Street’s confidence in its […]

Promasidor Nigeria Celebrates 254 Employees

March 20, 2018/Promasidor Nigeria Promasidor Nigeria Limited, makers of Cowbell Milk, Top Tea, Onga and other quality products, at the weekend, honoured 254 of its employees who have put in several years in its service. The award ceremony, which was held in Lagos, brought together the company’s employees, relatives and […]