Category: Business

Nigeria retakes Ajaokuta Steel Company

…as ownership crisis ends From just a mono-economy nation, to a mining and gradually to a steel processing, Nigeria has eventually taken a major step in its plan to revitalise the steel sector in Nigeria…

Apple’s Quarterly iPhone sales drop once again

The company posted $42.4 billion in revenue in the third quarter of FY 2016   The US tech giant sold 40.4 million iPhones in its third quarter, slightly above forecasts of 40.02 million. Apple chief executive Tim Cook said the results reflected “stronger customer demand… than we anticipated”. The firm…