Tuesday, February 19, 2019

Business

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Nigeria National Petroleum Corporation (NNPC) has challenged the consultant to the National Assembly on Petroleum Industry Reform Bill (PIB) to take a comprehensive look at the issues in the oil and gas sector and make bold recommendations that could
Koenigsegg Regera’s key is the world’s most expensive car key and it is pricier than most cars you see on the road. The key which is decorated with 18K pink gold or 40k diamonds comes from a company specialized...
The Nigeria’s downstream petroleum industry lost about N884.8 million in seven days to the high cost of importing Premium Motor Spirit (PMS), also known as petrol, resulting from a differential of N3.16 per litre. Besides, Nigeria’s crude oil...
  World Bank Group says it has an investment portfolio of about 8.5 billion dollars scattered across states and regions in Nigeria to support inclusive economic development and youth empowerment.   According to Mrs Olufunke Olufon, the Senior Communications Officer, World Bank...
Sunday Folayan, President NiRA Nigeria Internet Registration Association (NiRA) has explained why the country accounts for fewer domain name registrars accredited by the Internet Corporation for Assigned Names and Numbers (ICANN). ICANN inferred in its First Report on Africa Domain Name...
Nigeria's Vice President, Prof. Yemi Osinbajo has enjoined investors to cooperative to grow the country's economy. While speaking at the Ogun State Investors Forum, Osinbajo
Freetel, Japan’s largest selling smart phone brand in open market announced the launch in Nigeria in partnership with TD Mobile, biggest mobile devices distributor in Sub-Saharan Africa. Freetel, Japan’s largest selling smart phone brand in open market announced the launch...
ABERDEEN-based Eland Oil and Gas has seen losses triple after facing security challenges on its licence in Nigeria during what it called a very difficult year. The Aim-listed company lost $31.4million before tax in the year to 31 December compared...
REDTV, the online lifestyle network powered by the United Bank for Africa (UBA), held an exclusive screening for Season 2 of the hit series, Inspector K at Filmhouse Cinema in Lekki, Lagos on March 16, 2018.
Nigerian Entertainment Today has announced nominees for its second annual NET Honours People’s Choice Awards. The nominees for the 2017 edition were listed using data from the year under review. It is the way by which NET recognizes the top...
Facebook has just lost over $60 billion in market value over the past two days—that's more than Tesla's entire market capitalisation and almost three times that of Snapchat
Remember the Ice 2? Well, I got a unit of the device some days back and my weekend was spent reviewing the device. In the video, I did mention that there is currently no device with the specification sported on...
 The Agbada 2 flow station should have been buzzing with activity, pumping crude to one of Nigeria’s largest export terminals. Instead, it was idle in the muggy, mid-morning heat as Wilcox Emmanuel, the facility’s manager, shrugged in resignation about...
Zambia’s president Edgar Lungu has called for an out of court settlement with First Quantum Minerals, which is being sued for $1.4 billion by a state-owned firm, the presidency said on Thursday. First Quantum asked a Zambian court...
The minister of Communication, Adebayo Shittu yesterday declared that the proposed Information and Communications Technology (ICT) universities will take off by September. He disclosed this in Lagos yesterday while declaring open the 2017 edition of West Africa’s yearly...
  The Kano Zonal Office of the Economic and Financial Crimes Commission has recovered the sum of N328,988,296,990.62 from nine major oil marketers across the country.   A statement released by the anti-graft agency says the amount represents the cost of products...
The International Monetary Fund (IMF) yesterday, said Nigeria would emerge from its economic recession this year, but warned that threats to recovery remained significant as the economy will not grow enough to reduce unemployment and poverty. The Fund projected however...
Nigeria’s leading Information and Communications Technology (ICT) company, MTN in partnership with Twinpine, a Terragon company with specialties in mobile marketing, have unveiled an upgraded version of MTN Mobile Advertising. Launched recently at a stakeholders’ gathering, the enhanced version of...
Nigeria's economy is on the path of recovery and growth after several months of abysmal performance and contraction. Here are 15 signs that show that the economy is getting healthier by the day: Narrowing GDP contraction The negative economic growth in...
The World Bank has approved an International Development Association Credit and an IDA Scale Up Facility Credit in the total amount of $486 million equivalent for rehabilitation and upgrading of electricity transmission substations and lines. The investments under the Nigeria...

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