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Latest News Husband kills wife over plan to re-marry after his death Police share ‘helpful security tips’ JAMB speaks on release of 2019 UTME results National Assembly: Why I’m backing APC’s, Buhari’s position — Tinubu Gunmen abduct three cattle merchants in Taraba Oil spills claim 2 lives in Ogoni Police warn Enugu residents against 'wonder bank operators' Two cheat death on Easter Day Anambra to launch second edition of the Operation Kpochapu Kajuru Castle attackers demand N60m for kidnapped victims Osun to recruit 2,000 food vendors for school feeding Mother, Nurse, others in police net for selling 6 hours old baby

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (470,312 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (414,765 views) Shameless Genevieve Nnaji exposes breasts in public (352,242 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (301,681 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (265,931 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (238,998 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (225,947 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (207,459 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (196,470 views) 10 cars more expensive than Jets (188,612 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (179,022 views) Lagos plane crash: Journalist releases victims’ names (178,451 views)

 

BREAKING: Aiteo declares force majeure over fire outbreak at Nembe Creek Trunk Line

BREAKING: Aiteo declares force majeure over fire outbreak at Nembe Creek Trunk Line Nigerian oil giant, Aiteo Eastern E&P Co. Ltd., on Sunday evening declared force majeure following a fire outbreak at its Nembe Creek Trunk Line in Bayelsa State. A statement issued by the company in Lagos, a copy of which was made available to News Express, said: “We have been informed of...... more

Samsung’s $2,000 foldable screen phone malfunctions

Samsung’s $2,000 foldable screen phone malfunctions  Samsung Electronics Co Ltd said it has received “a few” reports of damage to the displays of samples of its upcoming foldable smartphone, raising the prospect of a less-then-smooth entry for the splashy $1,980 handset. The Galaxy Fold, on sale from April 26 in the United States, resembles a conventional smartphone...... more

Jet Airways collapses as banks pull the plug

Jet Airways collapses as banks pull the plug   Jet Airways has finally been grounded.   The once-mighty Indian carrier said in a statement Wednesday that it was suspending all flights after failing to secure emergency funding from the country's banks. The airline has been struggling for months to stay in business and the announcement follows weeks of speculation...... more

Court dismisses suit challenging sale of 9Mobile

Court dismisses suit challenging sale of 9Mobile A Federal High Court sitting in Ikoyi, Lagos on Wednesday dismissed a suit filed by Spectrum Wireless Communications Limited challenging the sale of 9Mobile to Emerging Markets Telecommunications Services (EMTS).  Justice CJ Aneke in a ruling on the preliminary objections filed by counsel to EMTS upheld the Defendant’s prayers that since...... more

MTN shares rally after Jumia soars in New York

MTN shares rally after Jumia soars in New York MTN’s shares rose 1% to R98.51 early on Monday – the best level since the mobile operator ran into regulatory troubles in Nigeria in August 2018 – after its e-commerce associate soared in its first trading day in New York.  On Friday, shares in Africa-focused Jumia Technologies leapt 75% in New...... more

CBN has done well in stabilising Nigeria’s economy in the last five years — Emefiele

CBN has done well in stabilising Nigeria’s economy in the last five years — Emefiele Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has applauded the painstaking efforts of the apex bank under his watch in delivering on the core mandates of managing and stabilising the Nigerian economy in the last five years.  Emefiele gave the verdict while delivering a keynote address at “An...... more

Netflix chief set to leave Facebook’s Board of Directors

Netflix chief set to leave Facebook’s Board of Directors Netflix chief Reed Hastings will depart Facebook’s board of directors at the end of next month, according to a Friday filing with US regulators by the leading social network.  Neither Hastings nor businessman and political figure Erskine Bowles, who have been on the board since 2011, will be nominated for re-election...... more

US worries over Huawei and ZTE, other China-based companies

US worries over Huawei and ZTE, other China-based companies A senior official in the U.S. Department of State says the security concerns the government has raised related to Chinese telecommunications firms Huawei and ZTE extend to all companies headquartered in China, saying they are effectively “under direction” of the Chinese Communist Party.  “It’s very important to distinguish how Western democracies...... more

Auto giants battle used car dealers for Africa’s huge market

Auto giants battle used car dealers for Africa’s huge market At the edge of Nairobi’s Ngong Forest, thousands of used cars glitter in the hot sun on a dusty field, waiting for buyers.  Imported from Japan or the Middle East, they offer an affordable route to vehicle ownership in Kenya and have dominated the market for decades.  That is an obstacle...... more

Emefiele woos investors in Washington DC, says Nigeria ready for business

Emefiele woos investors in Washington DC, says Nigeria ready for business The Central Bank of Nigeria (CBN) has assured investors and the international community that the country having gone through a successful election, was ready for investments. The CBN Governor, Mr Godwin Emefiele, on Friday night in Washington DC, held an informal meeting with potential investors where he enticed them with the...... more

Nigeria’s Jumia debuts on New York Stock Exchange

Nigeria’s Jumia debuts on New York Stock Exchange Shares in Africa’s largest e-commerce firm have debuted on the New York stock market, which could see other tech start-ups on the continent follow suit.  Jumia is listing 17.6% of the company at $14.50 a share, giving the company “unicorn” status – a technology start-up worth $1bn-plus.  It is the first...... more

South Africa’s Absa unfolds plans for Nigeria expansion

South Africa’s Absa unfolds plans for Nigeria expansion South African lender Absa is aiming to make a start on its investment bank-focused expansion into Nigeria in the second half of this year, chief executive of the division, Charles Russon, told Reuters. Absa, trying to make its name as a stand-alone bank after separating from Britain’s Barclays, has been touting...... more

Ahmed, Emefiele join other world economic experts at IMF/World Bank meetings

Ahmed, Emefiele join other world economic experts at IMF/World Bank meetings The Minister of Finance, Mrs Zainab Ahmed, and the Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, will join other economic experts from around the world to discuss issues affecting global economy in Washington DC, U.S.  The News Agency of Nigeria (NAN) reports that the discussions are scheduled to hold...... more

Konga more than e-Commerce company — Imudia

Konga more than e-Commerce company — Imudia Konga, Nigeria’s foremost retail giant, is more than an e-commerce company. Co-CEO at Konga and former Vice President of Nokia, Nick Imudia, disclosed this in a brief chat with airport correspondents at the Murtala Mohammed International Airport on his arrival from a trip overseas while fielding questions on the state of...... more

Cyberattack: Pharmaceutical giant Bayer in trouble

Cyberattack: Pharmaceutical giant Bayer in trouble Bayer has been hit by a cyberattack, the German Pharmaceuticals Company told dpa on Thursday. There have been signs since 2018 that the company’s network had been infiltrated with malware from the hacker group known as Winnti, the Leverkusen-based company said. Experts assume that Winnti works for the Chinese government. The...... more

Buhari jets out for World Economic Forum in Jordan, Investment Summit in Dubai

Buhari jets out for World Economic Forum in Jordan, Investment Summit in Dubai President Muhammadu Buhari departs Abuja today, Thursday, April 4, 2019, for Amman to honour an invitation by King Abdullah II bin Al-Hussein of Jordan to participate in the World Economic Forum on the Middle East and North Africa holding at the Dead Sea, Jordan. “President Buhari will deliver an address at...... more

Boeing 737 MAX makes emergency landing during US transfer

Boeing 737 MAX makes emergency landing during US transfer A Boeing 737 MAX aircraft operated by Southwest Airlines made an emergency landing Tuesday after experiencing an engine problem as it was being ferried from Florida to California, the US Federal Aviation Agency said. “The aircraft returned and landed safely in Orlando,” the FAA said in a statement, adding that no...... more

More value, convenience for air travellers as Konga Travel debuts

More value, convenience for air travellers as Konga Travel debuts Konga Travel, a technology-driven, revolutionary travel booking agency has officially announced its much-awaited entry into the Nigerian market, with a suite of best-priced flight deals and high-value offerings for all categories of air travellers. The launch which officially raises the curtains on the company’s Omni-channel operations – online @ travel.konga.com and...... more

Samsung unsettles Apple with folding Smartphone

Samsung unsettles Apple with folding Smartphone Samsung Electronics Co Ltd has unveiled a nearly $2,000 folding smartphone in a bid to top the technology of Apple Inc and Chinese rivals and reignite consumer interest amid slumping sales. The Galaxy Fold will go on sale on April 26 and take advantage of new and faster 5G mobile networks....... more

Top 10 Nigerian online adverts records 17m views

Top 10 Nigerian online adverts records 17m views  Local content for digital broadcasting is fast driving online advertising viewing in Nigeria and the entire globe, thus attracting more people to watch online videos on their mobile devices. For instance, recent statistics from YouTube, showed that the top 10 ads on the Nigerian leaderboard recorded over 17 million views in...... more

N39.15trn transactions made on ATM in Q4 2018

N39.15trn transactions made on ATM in Q4 2018 The National Bureau of Statistics (NBS) said Automated Teller Machine (ATM) from selected banks across the country recorded transactions valued at N39.15 trillion in the fourth quarter of 2018.  The bureau stated this in its “Selected Banking Sector Data for Fourth Quarter, 2018”, posted on its website on Wednesday. It said...... more

Application for the Tony Elumelu Foundation Entrepreneurship Programme closes March 1

Application for the Tony Elumelu Foundation Entrepreneurship Programme closes March 1 The Tony Elumelu Foundation, an African-funded and founded philanthropy committed to empowering African entrepreneurs, has announced its last call for applications into its prestigious 2019 Entrepreneurship Programme. The application portal launched on the January 1, 2019, will close on March 1, 2019.   Selected beneficiaries will join 4,470 current alumni and will...... more

Shell invites bid for new FPSO in Bonga

Shell invites bid for new FPSO in Bonga Shell Nigeria Exploration and Production Company (SNEPCo) has announced the release of Invitation to Tender (ITT) to contractors for the development of the Bonga South West Aparo (BSWA) oil field. The project’s initial phase includes a new Floating, Production, Storage and Offloading (FPSO) vessel, more than 20 deep-water wells and related...... more

Google, UBA collaborate to provide free Wi-Fi to customers

Google, UBA collaborate to provide free Wi-Fi to customers Africa’s global bank, United Bank for Africa (UBA) Plc, has collaborated with Google and ISP partner to launch Google Station in 11 key UBA branches in Lagos State as part of plans to roll out 200 stations in the country. Google Station, a platform for providing free, high-speed Wi-Fi hotspots in...... more

Big oil companies record enormous profit

Big oil companies record enormous profit The world’s top oil companies, the “supermajors” — US firms Chevron and ExxonMobil, Britain’s BP, Anglo-Dutch Royal Dutch Shell and Total of France – earned nearly $80 billion in net profits last year. They all boosted their bottom line, with some hitting levels not seen since a plunge in crude prices...... more

UBA extends Africa footprint, commences full operations in Mali

UBA extends Africa footprint, commences full operations in Mali  The pan African financial institution, United Bank for Africa (UBA) Plc on Monday commenced full banking operations in Mali, extending its footprint and fulfilling the aspiration of deepening banking penetration in Africa. The launch of UBA Mali  brings to 20, the number of African countries, where the Group currently operates, with...... more

ICT MONITOR debuts Wednesday (Feb. 6) in NEWS EXPRESS

ICT MONITOR debuts Wednesday (Feb. 6) in NEWS EXPRESS Your favourite daily online newspaper News Express (www.newsexpressngr.com) has moved once again to further expand its content offering with a new weekly section, ICT Monitor, debuting tomorrow, Wednesday, February 6, 2019. A statement issued in Lagos on Tuesday by the paper’s management said: “As the name implies, ICT Monitor will monitor...... more

How Leo won over a million African hearts in 12 months

How Leo won over a million African hearts in 12 months With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo, a Banking Chatbot that helps customers carry out key banking transactions anywhere, using mobile devices and personal computers. Leo can be accessed via...... more

Nigerian businesses worried about changes in legislation and regulation: Allianz Risk Barometer 2019

Nigerian businesses worried about changes in legislation and regulation: Allianz Risk Barometer 2019 The wake of mega data breaches and privacy scandals, major IT outages and the introduction of tighter data protection rules in the European Union, South Africa and other countries, cyber risk is now a core concern for businesses in 2019 and beyond. According to the Allianz Risk Barometer 2019, Cyber incidents...... more

Davos: Africa boosts free trade while global barriers go up — Tony Elumelu

Davos: Africa boosts free trade while global barriers go up — Tony Elumelu A new African free trade area could be just weeks away as the last few countries ratify an agreement signed last year. The plan to boost intra-African trade by half is gaining much attention in Davos this year. When you ask Tony Elumelu if Africa would profit from free trade, the...... more

 

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