Culled—Proshare Monday, June 05, 2017 1.34PM / Thisday Following the successful acquisition of 60 per cent equity stake of Mobil Oil Nigeria Plc by Nipco Investment Limited (NIL) from ExxonMobil Oil Corporation, the company has applied to regulators to acquire additional shares from minority shareholders. The financial transaction, which is […]
Business News
iflix Extends Global Footprint to 23 Territories with iflix Africa
June 2, 2017/iflix iflix (www.iflix.com), the world’s leading Subscription Video on Demand (SVoD) service for emerging markets, today announced the establishment of iflix Africa to bring its world class service to sub-Saharan Africa (SSA). iflix Africa will be headquartered in Cape Town, South Africa and trade commercially as ‘iflix’. With launches […]
GE Signs Multiyear Agreement to Upgrade Gas Turbines at Songas Ltd.’s Ubungo Power Plant in Tanzania
June 2, 2017/GE Multiyear Agreement with Songas Will Upgrade Generation Equipment at the Ubungo Power Plant Fleet360* Upgrades will Help Improve Plant Efficiency by approximately 3 percent and Help Ensure Long-term, Reliable Operation of the Plant’s Gas Turbines 180-Megawatt Ubungo Facility Currently Provides up to 25 Percent of the Power […]
