7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‘grossly undervalues’ company

Category: Procurement News

Even if the offer was raised “very significantly,” Seven & i said the bid does not consider the “multiple and significant...

Rivers Elders Condemn Wike’s Threats Against PDP Governors, Seek Tinubu’s Intervention

Category: Procurement News

PORT HARCOURT – Rivers Elders and Leadership Forum have written an open letter to President Bola Tinubu, condemning the threats recently made by Minister of...

The Vicious Circle of Corruption

Category: Procurement News

 BY AKIN OSUNTOKUN Departure Points(1) The Amalgamation RootsConceptually and objectively speaking, all the evidence of a predisposition to endemic...

Fuel price hike: Senate promises intervention, Afenifere, Reps demand reversal

Category: Procurement News

As Nigerians battle the high price and scarcity of petrol in the country, the pan-Yoruba socio-political organisation, Afenifere, on Thursday, called on the...

Don’t take my gentle appearance for granted, government official warns contractors

Category: Procurement News

The official expressed disappointment over the delay in government projects. The post Don’t take my gentle appearance for granted, government official warns...

Over N31 billion worth of drugs, military camouflage seized at Nigerian port

Category: Procurement News

This is the second time in less than two months such illicit goods have been seized at Onne Ports. The post Over N31 billion worth of drugs, military...

Salesforce to acquire startup Own for $1.9 billion in cash

Category: Procurement News

Salesforce’s deal machine is clearly working again, following announcements about small acquisitions such as PredictSpring and Tenyx....

Broadcom says it will sell $12 billion in AI parts and custom chips this year

Category: Procurement News

Broadcom CEO Hock Tan said in a statement that the company expects to record $12 billion in sales from AI parts and custom chips in fiscal 2024....

Customs rakes in N277 billion on import duties in August

Category: Procurement News

The Spokesperson for the Nigeria Customs Service (NCS), Mr. Abdullahi Maiwada, has said the service has collected N277.5 billion on import duties in August....

TAMO Condemns Okpebholo’s Road Rehabilitation Plan As Corruption

Category: Procurement News

…Says He Will Scam Edo People and Should Be Rejected Team Asue Media Organisation (TAMO) has criticized Monday Okpebholo’s plan for fixing dilapidated...

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