Posted in Foreign hub

Innovations: Facebook expands investment on startups

Facebook says it has expanded its investment on start-ups toward boosting innovations. The company’s Director of Platform Partnerships, Konstantinos Papamiltiadis, said this during the TechCrunch…

Continue Reading...
Posted in football sports

Liverpool, Spurs, PSG into Last 16, Napoli, Inter out

Liverpool and Tottenham Hotspur picked two of the remaining four tickets into the Last 16 of the UEFA Champions League, knocking out two Italian favourites,…

Continue Reading...
Posted in Foreign hub

California’s thieving Catholic nuns to face trial

Two California Catholic nuns who stole around $500,000 dollars from the school where they worked and splashed out on travel and gambling in Las Vegas…

Continue Reading...
Posted in NAIJA BIZ

Nigerians open one million bank accounts monthly: NIBSS

Mr Niyi Ajao, Managing Director, Nigeria Inter Bank Settlement System (NIBSS), says one million bank accounts are opened monthly by Nigerians as the nation’s financial…

Continue Reading...
Posted in Foreign hub

Trump threatens to shut down US government

An angry Donald Trump told Democratic leaders at the White House on Tuesday that he will shut down the US government because they refuse to…

Continue Reading...
Posted in NAIJA BIZ

These companies may benefit from the CBN’s latest FX policy

The Central Bank of Nigeria (CBN) Governor Godwin Emefiele, made good his threat to add other items to the list of those banned from the official exchange market. In…

Continue Reading...
Posted in NAIJA BIZ

C&I Leasing considering share reconstruction

In a notice sent to the Nigerian Stock Exchange (NSE) yesterday, C and I Leasing Plc disclosed its intentions to reconstruct its issued and paid up…

Continue Reading...
Posted in NAIJA BIZ

Kobo360 set to scale operations to other African countries

Logistics startup, Kobo360, has raised a $6 million equity investment led by the International Finance Corporation (IFC) with participation from others including Silicon Valley investors…

Continue Reading...
Posted in Foreign hub

France increases minimum wage after protests, as Nigeria refuses to do same

French President, Emmanuel Macron, yesterday announced that the minimum wage in the country would be increased by an additional €100 starting early 2019. The promise is…

Continue Reading...
Posted in NAIJA BIZ

Official: Nigeria spends N1.2 billion only on imports of Arms and Ammunition

Nigeria’s military spending rose by a whopping 2,138% for the third quarter of 2018, one of the highest seen in recent years. This was contained…

Continue Reading...
Posted in NAIJA BIZ

These banks can now do business with Ekiti MDAs

Governor Kayode Fayemi of Ekiti State has lifted a state government’s embargo placed on three banks by the immediate past administration led by Ayodele Fayose. It…

Continue Reading...
Posted in NAIJA BIZ

CBN ends forex for fertilizer importation, raises concern over banks sharp practice

The Central Bank of Nigeria (CBN) in a circular ‘Inclusion of some imported goods and services on the list of items not valid for forex…

Continue Reading...
Posted in Naija News

Buhari: Why I decline assent Amended Electoral Bill

Nigeria’s President, Muhammadu Buhari has said he refused to sign the amended Electoral Bill because signing such at a short period to the election can…

Continue Reading...
Posted in Uncategorized

Lopsided appointment: Senate refuses to confirm EFCC nominees

The Senate on Tuesday refused to confirm four persons nominated as members of the Economic and Financial Crimes Commission (EFCC), following a lopsided appointment. The…

Continue Reading...
Posted in Naija News

NLC to place governors owing salaries, pensions on “watch list”

The Nigeria Labour Congress (NLC) is to liase with the International Trade Union Congress (ITUC) to place names of governors in the states where workers…

Continue Reading...
Posted in Naija News

Sen. Dino Melaye attacks Buhari, APC in new song

Senator Dino Melaye representing Kogi West Senatorial district in the National Assembly has released a new song portraying President Muhammadu Buhari as the cause of…

Continue Reading...
Posted in Uncategorized

Barcelona pull out of La Liga match

La Liga’s plans to stage a match in the U.S. next month have been derailed after Barcelona, who were scheduled to play Girona in Miami,…

Continue Reading...
Posted in Naija News

No plan to increase petrol pump price – PPPRA

The Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA), Abdulkadir Saidu, says the Federal Government has no plans to increases the price of Premium Motor…

Continue Reading...
Posted in Naija News

Katsina APC Rep defects to PDP

A member of the House of Representatives from Katsina State, Ibrahim Murtala, has defected from the All Progressives Congress (APC) to the Peoples Democratic Party…

Continue Reading...
Posted in Naija News

Storms clouds gathering for global economy, IMF warns

One of the International Monetary Fund’s top officials warned on Tuesday that `storm clouds’ were gathering over the global economy. IMF First Deputy Managing Director,…

Continue Reading...