Despite raking in $15.4 billion, decreasing cost-per-click for the tech giant’s search ads caused it to miss revenue and profitability estimates   Google missed analyst expectations in its first quarterly earnings report of the year due to declining cost-per-click rates for its search ads and rising costs to ensure its […]

FBN Bank (United Kingdom) Limited, Ecobank Nigeria Limited, Union Bank of Nigeria Plc and Union Bank UK Plc have signed a $170m acquisition finance facility with Accugas Limited, a subsidiary of Seven Energy International Limited. The Managing Director and Chief Executive Officer, FBN Capital Limited, Mr. Kayode Akinkugbe, said at […]

Nigeria’s Seven Energy said on Tuesday it had secured $255 million from new backers, including Singapore state investor Temasek, to help fund its plan to build up a gas business in the West African country. Seven Energy, an indigenous Nigerian company, plans to buy gas fields and related infrastructure and […]