Nigeria loses over $450m annually to cybercrimes
Nigeria is said to be losing about $450m (N89.55bn) annually to computer and Internet-related frauds, the consultant to the National Information Technology Development Agency had said. Mr. Abdul-Hakeem...
View ArticleFG Raises Q2 Petrol import Allocations
The federal government has increased petrol import allocations for the second quarter from the previous quarter as it seeks to avoid another fuel shortage. The government has battled fuel shortages for...
View ArticleU.S., Nigeria raises working groups on Economy
The United States and Nigeria have agreed to establish working groups focused on strengthening security cooperation, the economy and tackling corruption after day-long talks at the State Department. In...
View ArticleMillions for new sub-sea cable
The Development Bank of Angola (BDA) has signed $109.7 million loan agreements with Japanese firms as part of a deal that looks set to make the oil-rich African nation one of the main telecommunication...
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Jason Porshe’s Latest Collection Features Some Of Our Favourite Names
Fashion brand Jason Porshe has released its resort collection tagged Kairos & Chronos. The title is somewhat enigmatic, however, the creative director, Jason Samuel, references the collection as an...
View ArticleBusinesses lost N30bn to fuel crisis in one month – ACCI President, Ejinkeonye
The President of the Abuja Chambers of Commerce and Industry, ACCI, Mr. Tony Ejinkeonye has revealed that Micro Small and Medium Enterprises, MSMEs, have recorded losses of N30bn in the last one month...
View ArticleAsset Declaration: I’m not in default — Saraki
Senate President, Dr. Abubakar Bukola Saraki on Monday said he has fully complied with the provisions of the law on declaration of assets by public officers. In a reaction to the claim contained in the...
View ArticleSaraki faces trial as CCT rejects request for adjournment
The corruption trial of Nigeria’s embattled Senate President, Bukola Saraki, is finally underway in Abuja after he lost another effort to have it adjourned and the drama prolonged. The corruption trial...
View ArticleSylva accuses Dickson of attempting to destabilize APC
Former governor of Bayelsa State, Chief Timipre Sylva, has cautioned the incumbent governor, Hon. Henry Seriake Dickson, to desist from his current efforts to destabilise the All Progressives Congress...
View ArticleMary Uduma, CFA, Wunmi Hassan receive NiRA Presidential Awards 2016
The Nigeria Internet Registration Association (NiRA) recently held a gala and web awards night organised to recognise all those using the .ng domain names. The event had two sets of awards; the first...
View ArticleSnake Island IFZ to invest $500Mn to Boost Oil Sector
In support of development of Nigeria’s oil and gas sector, the management of Snake Island Integrated Free Zone (SIIFZ) has made investment in excess of $500 million. The investment was intended to...
View ArticleNigeria Stock Exchange/London Stock Exchange Conference Holds in Nigeria
The Nigerian Stock Exchange in partnership with the London Stock Exchange Group (LSEG) will host its 2nd NSE/LSEG Dual Listings Conference in Nigeria. The Conference themed ‘Leveraging Cross-Border...
View ArticleNLNG make public $2m Oil and Gas research centre At UNIPORT
Nigeria LNG Limited (NLNG) has commissioned a $2 million NLNG Centre for Gas, Refining and Petrochemical Engineering of the University of Port Harcourt. The project is part of the company’s $12 million...
View ArticleFuel Crises- IPMAN …Disowns Lawson Ngoa
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has distanced itself from one Mr. Lawson Ngoa who is parading himself as interim management secretary of the Association. It also...
View ArticleSARB takes hawkish tone on inflation
South Africa’s central bank will keep raising interest rates as necessary to keep inflation in check, the bank’s governor said at its monetary policy forum on Monday. Taking a hawkish tone on...
View ArticleCultism: Edo government expels 8, investigates over 20 others
AS part of efforts to curb cultism in the Educational sector, the Edo State government has expelled eight secondary school students for their alleged involvement in secret cult activities in various...
View ArticleGroup advocates creation of North-East Development Commission
The North-East Development Commission Advocacy team led by a member representing Monguno, Marte and Nganzai Federal constituency has called on the Borno state Governor Hon. Kashim Shettima to appeal to...
View ArticleSaraki appears for continuation of trial at CCT
EMBATTLED Senate President, Dr. Bukola Saraki, Wednesday appeared at the Code of Conduct Tribunal for continuation of his trial. Dr. Saraki is facing a 13-count charge at the Code of Conduct Bureau for...
View ArticleFuel, power shortage: Ambode appeals to Lagosians
Lagos State Governor, Mr. Akinwunmi Ambode, has appealed to Lagosians to bear with the government over the lingering shortage of fuel and power across the state. In a statement issued on Wednesday by...
View ArticleAfrican Bank debt shunned by investors
African Bank, the rescued South African lender with new debt instruments that opened for trading Monday, is struggling to attract investors with yields that aren’t high enough to compensate for the...
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