Business News

Troubled Etisalat Nigeria gets new chairman, management

Culled—Premium Times July 4, 2017/Bassey Udo Nigeria’s fourth largest mobile company, Etisalat, has a new board. The firm, whose former chairman Hakeem Bello-Osagie resigned last week due to its debt crisis, announced the new management in a statement hy its spokesperson. PREMIUM TIMES has reported extensively on the firm’s debt […]

Baker Hughes, GE Oil & Gas Complete Combination, Creating the World’s First and Only Fullstream Oil and Gas Company

July 4, 2017/GE Baker Hughes (https://BHGE.com), a GE (www.GE.com) company (NYSE: BHGE) announced today that the transaction combining GE’s oil and gas business with Baker Hughes is complete. The new company is the first and only to bring together industry-leading equipment, services and digital solutions across the entire spectrum of […]

Elumelu Commends Afreximbank, Urges Other DFIs to Support African Businesses

Championing cross-border trade and investments on the continent Mr. Tony O. Elumelu, CON, Chairman Heirs Holdings with Dr Okey Oramah, President and Chairman, African Export-Import Bank (Afreximbank) during the signing ceremony of the $100million facility to Heirs Holdings Limited to further support its cross-border investment programme. July 3, 2017/Heirs Holdings Ltd At the 24th Annual General […]