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Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (316,502 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (307,133 views) Shameless Genevieve Nnaji exposes breasts in public (245,707 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (201,879 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (190,501 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (179,936 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (156,092 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (140,474 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (136,402 views) Lagos plane crash: Journalist releases victims’ names (124,849 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (122,220 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (119,192 views)

 

Zuckerberg fights to save Facebook

Zuckerberg fights to save Facebook If there’s one thing Mark Zuckerberg has consistently excelled at as Facebook’s CEO, it’s destroying his enemies. When Google (GOOGL) launched Google Plus, a rival social network, Zuckerberg put Facebook (FB) in a state of “lockdown” and informed employees that “Carthage must be destroyed,” according to one tell-all book from a...... more

InterContinental (world’s third-biggest hotel chain) quits Nigeria

InterContinental (world’s third-biggest hotel chain) quits Nigeria InterContinental Hotels Group Plc is withdrawing from Nigeria four years after it opened its first site in Africa’s most populous country following a disagreement with local partners over the terms of how to bring the property out of receivership. The U.K. company’s 358-room hotel in Lagos, Nigeria’s commercial capital, will no...... more

NCC sets deadline for 9mobile takeover bid

NCC sets deadline for 9mobile takeover bid Nigerian regulators have set a Jan. 16 deadline for receipt of binding offers from prospective bidders to acquire debt-laden telecom firm 9mobile, the telecoms regulator said on Thursday. The Nigerian Communications Commission (NCC) alongside the central bank approved the deadline after 9mobile’s board requested a time extension, the NCC said. It...... more

UBA revolutionises eBanking; introduces Leo, Chat Banking Personality on social media platforms

UBA revolutionises eBanking; introduces Leo, Chat Banking Personality on social media platforms Pan-African financial institution, United Bank for Africa (UBA), on Thursday changed the face of e-banking with the introduction of Leo, the UBA Chat Banker who enables customers make use of their social media accounts to carry out key banking transactions. At the official launch of Leo, UBA’s Chat Banker, which took...... more

Chevron, ExxonMobil, Shell, 2 other oil giants sued over global warming

Chevron, ExxonMobil, Shell, 2 other oil giants sued over global warming New York City is making a move against the fossil fuel industry on two fronts. Democratic Mayor Mayor Bill de Blasio announced Wednesday the city is suing five big oil companies for global warming and divesting $5 billion in oil investments from the city’s pension funds. “We’re bringing the fight against...... more

Amazon CEO Jeff Bezos becomes richest man in history

Amazon CEO Jeff Bezos becomes richest man in history The personal wealth of Amazon founder Jeff Bezos soared to $105.1 billion Tuesday, making him the richest person ever in history. Bezos’ income swelled due to Amazon’s success on Wall Street. Bloomberg’s billionaire tracker pegged his wealth at $105.1 billion while Forbes, the other consistent follower of the net worth of...... more

Group tackles Mobil over $600m oil bloc

Group tackles Mobil over $600m oil bloc A non-governmental organisation, the Human and Environmental Development Agenda (HEDA Resource Centre), has requested for clarification on the renewal of some oil mining leases in possession of Mobil Producing Nigeria. In a Freedom of Information (FOI) request issued to the Managing Director, Mobil Producing Nigeria Unlimited, dated. 2nd January, 2018 and...... more

Security flaws put billions of smartphones and computers at risk

Security flaws put billions of smartphones and computers at risk Two major flaws in computer chips could leave a huge number of computers and smartphones vulnerable to security concerns, researchers revealed Wednesday. The flaws could allow an attacker to read sensitive data stored in the memory, like passwords, or look at what tabs someone has open on their computer, researchers found....... more

Understanding the impact of the Made in Aba Campaign

Understanding the impact of the Made in Aba Campaign When Dr. Okezie Ikpeazu was planning to contest the governorship of Abia State in the last quarter of the year 2014, he rolled out a manifesto detailing his plans and programmes that will be implemented by his administration upon assumption of office. The manifesto contained detailed prognosis and plans of action...... more

Petrobras to pay nearly $3bn to settle investors’ lawsuit

Petrobras to pay nearly $3bn to settle investors’ lawsuit Brazil’s state-run oil company has said it will pay $2.95bn to settle a class action brought by investors in the United States. Petroleo Brasileiro SA, commonly known as Petrobras, said in a statement on Wednesday that the settlement would bring to an end a legal battle with investors claiming to have...... more

South Africa announces hefty drop in petrol price

South Africa announces hefty drop in petrol price Welcome news for motorists in South Africa is that the petrol price is to drop by between 29 and 34 cents per litre on Wednesday. The Department of Energy announced on Saturday that 93 octane petrol would decrease by 29c/l and 95 octane by 34c/l. It attributed the decrease to the...... more

NIMASA set to acquire more fast intervention vessels to tackle maritime crime

NIMASA set to acquire more fast intervention vessels to tackle maritime crime The Nigerian Maritime Administration and Safety Agency (NIMASA) is set to acquire strategic maritime safety and security assets, which are also in line with the total spectrum of maritime security strategy.                                         ...... more

India’s richest man wins telecom war, buys out billionaire rival

India’s richest man wins telecom war, buys out billionaire rival The battle between two billionaire brothers at the heart of India’s mobile industry has ended with one buying out the other. Reliance Communications, owned by Indian billionaire Anil Ambani, will sell its mobile business to the rival Reliance Jio network owned by his older brother Mukesh, the companies announced Thursday. Jio...... more

NPA suspends service to debtor oil giants •May bar Total’s vessel from Nigerian waterways

NPA suspends service to debtor oil giants •May bar Total’s vessel from Nigerian waterways The Nigerian Ports Authority (NPA) has, with immediate effect, suspended service boats operations in all its pilotage districts until the full settlement of debts accruing from unpaid pilotage dues by International Oil Companies (IOCs) and other beneficiaries of the services. This is coming just as the organisation gave indication that it...... more

MTN share price crashes

MTN share price crashes MTN’s share price fell 2% to R133 on Thursday morning after it warned that a R6bn profit from a deal with cellphone tower operator IHS would be cut by R2.8bn. MTN said the R6bn profit it had booked in its interim results from the deal had been reduced to R3.2bn by...... more

Apple apologises for slowing iPhone, drops battery prices

Apple apologises for slowing iPhone, drops battery prices Apple has apologised to customers for how it rolled out an update that can slow down older iPhones. It is offering cheaper battery replacements to make up for it. In a lengthy message posted on its site Thursday, the company gave an in-depth explanation for the controversial update. To make amends,...... more

China warns 137 food companies over poor quality products

China warns 137 food companies over poor quality products China’s quality regulator on Wednesday said that it had put 137 food companies on a warning list as they had bad records in recent inspections. Supervision will be stepped up on those companies, 48 food importers, 47 overseas food makers and 42 overseas exporters, according to the General Administration of Quality...... more

Ghana Stock Exchange puts 3 firms on delisting watch list

Ghana Stock Exchange puts 3 firms on delisting watch list The Ghana Stock Exchange (GSE) has put on its watch list three distressed companies including Cocoa Processing Company (CPC) for possible delisting if their financials do not improve by the end of May, the exchange said on Wednesday. State-run CPC, known for its flagship ‘Golden Tree’ products, currently operates at less...... more

Oil hits 2-1/2 year highs on Libyan pipeline blast

Oil hits 2-1/2 year highs on Libyan pipeline blast Oil prices touched two-and-a-half year highs in light volume on Tuesday, boosted by an explosion on a crude pipeline in Libya and voluntary OPEC-led supply cuts. Libya has lost around 90,000 bpd of crude oil from a blast on a pipeline feeding Es Sider port, a Libyan oil source said, adding...... more

Russian investors eye Nigeria

Russian investors eye Nigeria In a bid to boost Nigeria’s recuperating economy and create more jobs, a lot of Russian investors have signified interest in bringing their companies in the country. The Russian Ambassador to Nigeria, Nikolay Udovichenko, made the disclosure during a press briefing with select journalists in Abuja recently. The envoy said that...... more

Communications giant AT&T to fire over 1,000 workers

Communications giant AT&T to fire over 1,000 workers AT&T will lay off and fire more than a thousand workers starting early next year, according to local reports. Across the Midwest, an estimated 600 workers were notified they were being laid off by the company on December 16, a week before AT&T announced it was doling out $1,000 bonuses to...... more

BUA lied on claims to Mines ownership — Dangote

BUA lied on claims to Mines ownership — Dangote The management of Dangote Industries Limited has again vehemently rejected the many assertions of BUA Group, on its dubious claim to being the rightful owner of Mining Lease No 2541. Dangote in a statement issued on Thursday in Lagos said its reaction became very necessary as a result of its status...... more

FG orders Dangote, BUA to vacate disputed mining site

FG orders Dangote, BUA to vacate disputed mining site Citing security concerns arising from the proclamation by the Federal Ministry of Mines that illegal mining activities are being carried out at the contentious Obu mines in Okpella, Edo State, the Governor, Godwin Obaseki, on Monday shut down the mines until further notice. He said the decision was taken in the...... more

End of an era as Boeing’s 747 jumbo jet is phased out on US airline routes

  End of an era as Boeing’s 747 jumbo jet is phased out on US airline routes The Boeing 747, the original jumbo jet favoured by American presidents and key to affordable mass market air travel in the US, will pass into aviation history this week. Nearly 50 years after its debut, it will take its final commercial flight with a US carrier on Tuesday on Delta Air...... more

Outrage as US changes internet rules •How it affects you

Outrage as US changes internet rules •How it affects you Outrage has greeted the change of internet rules by the Federal Communications Commission of the United States of America, with many critics describing it as a huge setback for the internet revolution. News Express reports that though the concerns have been largely limited to the USA, the new rules have the...... more

High tariff crashes car imports, fuels smuggling

High tariff crashes car imports, fuels smuggling A Nigerian tariff on car imports aimed at boosting local production has reduced the number of vehicles brought into the country this year by a quarter and fuelled smuggling from neighbouring Benin, the ports authority said. Car imports fell to 70,453 units in the first 10 months of this year, a...... more

MOSOP dissociates self from ultimatum on oil block

MOSOP dissociates self from ultimatum on oil block The Movement for the Survival of the Ogoni People (MOSOP) has dissociated itself from a publication entitled ‘Re: An Ultimatum for the Revocation of All Approvals Granted One Robo Michael Limited Relating to the Operation/Development of OML 11 (The Ogoni Fields) dated December 10, 2017’. According to a statement issued on...... more

Dangote refinery to create 4,000 jobs, crash prices

Dangote refinery to create 4,000 jobs, crash prices Dangote Refinery currently under construction would save Nigeria $12 billion annual import substitution, create 4,000 direct jobs and crash prices of petroleum products. Mr Babajide Soyode, the Technical Consultant to Alhaji Aliko Dangote, said the project would add value to the economy as it would also create 145,000 indirect jobs. He...... more

Cybercriminals cash in on bitcoin craze

Cybercriminals cash in on bitcoin craze Bitcoin (BTC-USD) is on fire. The cryptocurrency has jumped thousands of dollars in value in the past few weeks, and everyone seems to want to get a piece of that sweet, sweet pie. Including, naturally, cybercriminals. Yes, online crooks are using every trick in the book to exploit the crypto craze....... more

Reps visits NLNG’s Bonny Plant

Reps visits NLNG’s Bonny Plant Nigeria LNG (NLNG) Limited management today received a delegation of the House of Representative (HoR)’s Committee on Gas Resources led by its Chairman, Hon Frederick Y. Agbedi. The visit provided good opportunity for the Committee to learn about the strategic business objectives and workings of the company, with a view to ...... more

 

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