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Uber’s Kalanick says benchmark suit based on ‘a fabrication’

PHOTO: Eric Piermont/AFP/Getty Images Uber Technologies Inc.’s co-founder Travis Kalanick fired back at investor Benchmark, saying its lawsuit seeking to oust him from the ride-hailing company’s board is based on “a fabrication” and accused the firm of threats and intimidation. Upping the ante on his fight with the venture capital …

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Violation of corporate governance by telcos to attract sanctions

Chairman, Governing Board of the Nigerian Communications Commission (NCC), Senator Olabiyi Durojaiye (left) and the Executive Vice Chairman of the Commission, Prof. Umar Danbatta, at the Sensitization Workshop on Code of Corporate Governance for the telecommunications industry, held in Lagos, yesterday. • No director can stay above 15 years As …

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Telecoms sector adds 1.3% to GDP in two years

Telecommunication mast NCC targets sector’s growth with Code of Corporate Governance Telecommunications sector contributed 1.3 per cent to Nigeria’s Gross Domestic Product (GDP) between 2015 and now.According to the Executive Vice Chairman, Nigerian Communications Commission (NCC), Prof. Umaru Danbatta, the sector continues to contribute incrementally to the GDP of the …

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