Big Business

Fuel Crisis: Kachikwu Defies Calls for His Resignation
Big Business

Fuel Crisis: Kachikwu Defies Calls for His Resignation

Ibe Kachikwu, Nigeria Minister of State for Petroleum has challenged the public outcry urging him to resign his positions as both Minister and Group Managing Director of Nigeria National Petroleum Corporation, NNPC. During his appearance before the Nigeria Senate Committee on Petroleum (Downstream) to explain measures by his ministry to address the […]

Jumia Kenya Moves to Marketplace Model
Big Business Tech

Jumia Kenya Moves to Marketplace Model

While celebrating its 3 years anniversary, Jumia Kenya has just announced that it is moving away from the eCommerce model to a marketplace. A statement released by Parinaz Firozi, Jumia’s CEO in Kenya, explained the move as an attempt for the company to pursue a better business model. “Having achieved […]

Foxconn Acquires Sharp for $3.5 Billion
Big Business Tech

Foxconn Acquires Sharp for $3.5 Billion

Foxconn, the company that manage and operates all Apple, Samsung, HP production lines, has acquired Sharp for $3.5 billion. Touted by TechCrunch as the the largest overseas acquisition of a Japanese company, Foxconn has finally sealed the deal. Sharp had previously rejected the bid from Netwok Corp, a Japanese company […]

Is the Future of Cinemas Endangered?
Big Business Tech

Is the Future of Cinemas Endangered?

Three weeks ago, the American cinema (perhaps the global theater) community woke up to a rude shock. Their daily butter and bread came under attack from a would-be disruption. Sean Park, another overtly ambitious tech entreprenuer, who founded Napster and worked at length with Mark Zukerberg on Facebook is on the prowl […]

Leave Mosanto Alone, Blame Nigeria
Big Business

Leave Mosanto Alone, Blame Nigeria

Nigeria’s news headlines are awash with stories of Mosanto bringing genetically modified, GM, cotton seeds to Nigeria. It is commendable that the media community is joining its voice alongside that of local activists and non-governmental organisations, NGOs, to block Mosanto and its GM cotton seeds out of Nigeria. Nigeria  does […]