Foreign hub

Kobe Bryant: Warning helicopter pilot received before crash revealed

The pilot that flew the ill-fated helicopter that carried NBA legend Kobe Bryant and his daughter, Gianna, was warned “you’re too low”, seconds before the chopper disappeared from radar. Bryant, Gianna and seven others died, when the aircraft crashed into a hillside in southern California at about 9.45am on Sunday. Los Angeles Police and the […]

Naija News

Alleged $1.6bn fraud: EFCC files fresh charges against Diezani’s ally, Omokore, others

The Economic and Financial Crimes Commission, EFCC, on Monday, filed additional 15 criminal charges against Jide Omokore, an ally of former Petroleum Minister, Diezani Alison-Madueke. Others include two of his companies Atlantic Energy Brass Limited and Atlantic Energy Drilling Concept Limited; Messers Victor Briggs and Membere Abiye. The charges were added in their on-going trial […]

Naija News

Amotekun: Southwest has no plans to secede from Nigeria – Fayemi

Ekiti State Governor, Dr. Kayode Fayemi, has assured that the Southwest geopolitical zone has no plans to secede from Nigeria in the heat of the controversy generated by the launch of Western Nigeria Security Network code-named Operation Amotekun. Dr. Fayemi said the Southwest region remains part of Nigeria, will continue to be part of Nigeria […]

Naija News

Boko Haram/ISWAP: What Buratai told soldiers on Monday

Chief of Army Staff, Lt.-Gen. Tukur Buratai, has charged troops of Operation Lafiya Dole (OPLD) to continue their onslaught against Boko Haram and ISWAP until they are completely subdued. The United Nations (UN) recently raised alarm over insurgents’ increasing attacks. Buratai, while addressing troops of 156 Task Force Battalion deployed to Mainok village in Kaga […]

Naija News

Kogi: Bello names SSG, 17 commissioner-nominees [Full list]

Gov. Yahaya Bello of Kogi state, on Monday listed 17 Commissioner nominees. He announced the retention of the incumbent Secretary to the State Government (SSG), Dr Folashade Ayoade-Arike. Bello made the announcement in his inaugural speech after taking Oath of Office and Allegiance in Lokoja. The Governor appealed to members of the State Assembly to […]

NAIJA BIZ

Opera refutes Hindenburg Research’s allegation that it violated Google’s policy

Opera Ltd, the Oslo-based developer of Opera web browser and other affiliated services like OPay and OKash, has denied claims by an investment firm, Hindenburg Research, suggesting that its apps violate Google’s policy. A brief statement that was issued on the company’s website acknowledged the Hindenburg report, and then called it misleading and unsubstantiated before proceeding to reiterate that the […]

NAIJA BIZ

Five firms abandon Facebook’s ‘Libra’ currency, as Vodafone announces exit

Three months after Mastercard and Visa pulled out of Libra, a cryptocurrency owned by Facebook, it seems the exit door is still open as another member of the Libra Association takes a bow. The new member exiting Libra is a telecommunications company, Vodafone. Vodafone joined the growing list of Libra Association members, which have abandoned their quest to be […]

NAIJA BIZ

Seplat to acquire more oil & gas assets after Eland’s acquisition

Seplat Petroleum and Development Company Plc is considering acquiring more oil and gas assets as it looks to expand its portfolio in the oil industry. This was disclosed by the Chief Executive Officer of the company, Austin Avuru. Seplat Petroleum is targeting oil and gas assets in the exploration and production space. It is believed that acquisitions improve […]

NAIJA BIZ

Ponzi Schemes beware, SEC is coming for you

As more Nigerians continue to fall prey to the activities of illegal fund managers across the country, the Securities and Exchange Commission (SEC) said it is prepared to go harder on those behind these illegal schemes. Ms Mary Uduk, who acts as SEC’s Director-General, stated this over the weekend according to a statement signed by SEC’s Head of Corporate […]

NAIJA BIZ

FG records $9 million transactions from SheTrades since 2016

The Federal Government (FG) has generated $9 million business leads since it introduced women export initiative, SheTrades Initiative in 2016. This was disclosed by the Nigerian Export Promotion Council (NEPC). Executive Director, NEPC, Olusegun Awolowo, explained that the initiative had connected 190 female-led businesses to international buyers through support at international trade fairs, in-country business linkage […]

NAIJA BIZ

FG repositions cocoa industry to benefit from $67billion global market

The Federal Government (FG) is collaborating with the Governors of cocoa-producing states and other stakeholders to enable Nigeria benefits from the projected $67.22 billion global cocoa market. This was announced by a senior official of the Nigerian Export Promotion Council (NEPC), the agency responsible for developing and promoting non-oil exports. The NEPC official, who pleaded anonymity […]

NAIJA BIZ

Afrinvest MD predicts when the naira will finally be devalued

Only one thing can prevent Nigeria’s currency (the naira) from being devalued by the second half of 2020, and that is a radical increase in crude prices. This is according to Ike Chioke, the Managing Director of Afrinvest West Africa Limited. Chioke reportedly made the prediction over the weekend, while speaking during an event marking the launch of Afrinvest’s Economic and Financial Markets 2020 Outlook. Afrinvest’s Head […]

NAIJA BIZ

Census and its import to National growth

According to the Nigerian Population Commission (NPC), there were 140 million Nigerians as of 2006, with 71.7 million men and 68.3 million women. However, Festus Odimegu, former Chairman of the NPC, said no census in Nigeria’s history had been valid and that trying to count Nigerians was “impossible”. Note impossible. He continued, “These figures are just guesstimates; nobody […]

NAIJA BIZ

On Google Play Store, some Nigerians are dissatisfied with their mobile banking apps

A top Nigerian bank was recently recognised with the 2019 best mobile banking app award at the Global Business Outlook Award. This is obviously exciting news for the bank. However, for some customers, who use the mobile banking app daily, this recognition was nothing but a publicity stunt. Across the internet, Nigerian consumers are becoming more critical […]