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Latest News Osun Guber Update: Adeleke wins polling unit as vote counting begins THIS AFFLICTION called ONWUEMEODO shall also pass, By Uche Onwuchekwa Buhari’s 10 million imaginary millionaires BREAKING: Security agents swoop on vote buyers as Osun elects new Governor •Card reader rattles Adeleke Cross River community where girls are sold to settle their parents’ debt Battle for Lagos: Ambode turns to God as APC elders seal his fate Osun Guber: Police talk tough, vow to arrest errant politicians Communications Minister, Adebayo Shittu, confirms dodging NYSC Akwa Ibom: Police gives Etim Ekpo, Ukanafun youths 5 days to surrender arms Crisis hits Kaduna PDP; 5 governorship aspirants battle state chairman Skye Bank: Customers storm ATMs in panic withdrawal Osun Guber: We’ll keep tabs on vote buying — EU observers

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (395,674 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (376,348 views) Shameless Genevieve Nnaji exposes breasts in public (308,016 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (250,327 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (231,983 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (221,487 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (199,774 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (181,421 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (165,457 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (163,254 views) Lagos plane crash: Journalist releases victims’ names (157,994 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (146,768 views)

 

Coca-Cola moving ahead with takeover of Chi juice

Coca-Cola moving ahead with takeover of Chi juice Coca-Cola is moving ahead with plans to take over Nigeria’s leading juice company Chi Ltd and aims to complete the deal early next year, a senior executive told Reuters. The acquisition for an undisclosed price is one of several steps the U.S. company is taking in a global strategy to diversify...... more

NCC should stop arbitrary charges by telcos, by Ebun-olu Adegboruwa

NCC should stop arbitrary charges by telcos, by Ebun-olu Adegboruwa I have noticed in recent times that virtually all the telecommunications companies have adopted a secrete method of fleecing their subscribers through a prohibitive data regime. With the recent increase in Facebook subscriptions, the proliferation of WhatsApp platforms and other social media devices, the Telcos have suddenly turned data subscription into...... more

Africa not ready for super fast 5G network — MTN’s CEO

Africa not ready for super fast 5G network — MTN’s CEO Africa is not ready for next-generation 5G network but would likely be ready to embrace the super-fast technology in about five years from now, MTN’s chief executive officer said on Tuesday. Rob Shuter told Reuters at a telecoms conference in Durban that his position was due to the fact that most...... more

The COO Dilemma: Building sustainable growth capacity in exponential times

The COO Dilemma: Building sustainable growth capacity in exponential times The emergence and proliferation of exponential technologies such as AI and IoT will challenge organisations' ability to innovate at speed and scale to remain competitive. Within a few years, modern executives will have to consider the impact of machine learning, artificial intelligence, IoT and even quantum computing on their businesses. These...... more

Abia State: Welcome to the new economic frontier of Nigeria, By Sam Hart

Abia State: Welcome to the new economic frontier of Nigeria, By Sam Hart It has been long accepted by developmental scholars and social scientists that the primary responsibility of a leader is to envisage the best future for the led and set the right parameters in place for them to attain lofty heights. A leader is not always required to do the heavy lifting....... more

NELMCO’s example in public assets disposal, By Abdulahi Ibrahim

NELMCO’s example in public assets disposal, By Abdulahi Ibrahim   Nigeria is witnessing many developments. In an era of many controversies, a positive aspect still appears in an obscure corner. Disposal of public assets can conform with due process and extant laws. In this regard, an agency is walking the talk.  As civil society activists, we pry over many agencies...... more

NNPC as hostage-taker and the ominous signs ahead, By Emmanuel Ado

NNPC as hostage-taker and the ominous signs ahead, By Emmanuel Ado “The first step towards success is taken when you refuse to be a captive of the environment in which you first find yourself” - Mark Caine. As it has become routine, the monthly meeting of the Federation Accounts and Allocation Committee (FAAC), where the federal, the 36 states, the Federal Capital Territory...... more

Intermodal transport system essential for port efficiency – NIMASA DG

Intermodal transport system essential for port efficiency – NIMASA DG The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said that for any country to achieve efficiency at its ports, intermodal transport system is an essential factor to consider. The DG who was addressing journalists in Lagos noted that in order to attract investment to...... more

How to grow the Nigerian economy: IMF

How to grow the Nigerian economy: IMF The International Monetary Fund (IMF) has outlined three major reform areas needed to boost growth rates in Africa’s largest economy. In an exclusive interview with BusinessDay yesterday, May 30, Abebe Aemro Selassie, Director, Africa Department of the Fund said he still expects that the country’s economic growth will hit the 2.0...... more

Refocusing Nigeria’s Economic Recovery Plan on poverty alleviation, By David Emoche

Refocusing Nigeria’s Economic Recovery Plan on poverty alleviation, By David Emoche Despite recent commendable indices pointing to Nigeria’s gradual economic growth and exit from recession, poverty alleviation still remains a mirage. As noted by the International Monetary Fund (IMF), whose aim is to help member countries achieve macro-economic stability and reduce poverty, the government’s Economic Recovery and Growth Plan (ERGP) has not...... more

Gas production and utilisation in Nigeria: Problems and prospects, By Prof. Chijioke Nwaozuzu

Gas production and utilisation in Nigeria: Problems and prospects, By Prof. Chijioke Nwaozuzu For domestic natural gas utilisation to increase significantly, the International Oil Companies (IOC’s) will have to meet their domestic gas supply obligation (DGSO) targets. The Nigerian Gas Master Plan (GMP) stipulated a revised transitional pricing structure for gas to power projects in 2010, and ultimately a price of $2.50 per MMBTU...... more

Of CPC, and EEDC as cog in the wheel of progress, By Okechukwu Keshi Ukegbu

Of CPC, and EEDC as cog in the wheel of progress, By Okechukwu Keshi Ukegbu It was a sigh of relief for electricity consumers recently, as the Consumer Protection Council (CPC) disclosed that “arbitrary billing and group disconnection of electricity consumers without consideration for those paying their bills constitute a gross abuse of consumer rights.” Though this is coming late from CPC, it is better it...... more

Ohakim’s Oak Refinery a failed project?

Ohakim’s Oak Refinery a failed project? Burdened with the need to create a robust economy for Imo State, make her independent on the bowel-in-hand monthly allocation from the Federal Government, make her really be like other oil producing states and a proud member of the Niger Delta states, Dr Ikedi Ohakim, in the midst of global economic...... more

Gaining competitive advantage in today’s business through innovative human resource technology

Gaining competitive advantage in today’s business through innovative human resource technology The value of an organisation is no longer judged solely by tangible assets. Investors and shareholders all over the world now recognise the importance of intangible assets to a firm’s strategic goals and profitability in today’s global marketplace. Market leaders now recognize HR as a critical part of their overall business...... more

Senate passes Petroleum Industry Bill

Senate passes Petroleum Industry Bill The Senate on Wednesday passed the much-awaited Petroleum Industry Governance Bill (PIGB), with approval of five per cent levy on fuel sold across the country. This was sequel to unanimous adoption of the report on the Bill presented by Chairman, Senate Committee on Petroleum (Upstream), Sen. Tayo Alasoadura, by the lawmakers...... more

Need for Government support for modular refineries financing in the Niger Delta, By Prof Chijioke Nwaozuzu

Need for Government support for modular refineries financing in the Niger Delta, By Prof Chijioke Nwaozuzu A recent publication on the 22nd February 2018 by SweetCrude, Abuja, stated that the Federal Government of Nigeria has initiated talks with potential financiers to contribute finance to investors in modular refineries in the Niger Delta region. Such financiers include Central Bank of Nigeria (CBN), International Finance Corporation (IFC), the Nigerian...... more

Tribunal absolves defendants of negligence in share sale dispute

Tribunal absolves defendants of negligence in share sale dispute The Investments and Securities Tribunal (IST) sitting in Enugu, has delivered a judgment absolving five defendants of negligence in a share sale suit instituted by a claimant. The tribunal delivered judgment on suit number IST/EN/OA/04/13 involving one Mr George Nnona as claimant and Guaranty Trust Bank Plc, Securities and Exchange Commission...... more

Nigeria’s economy remains vulnerable, IMF warns

Nigeria’s economy remains vulnerable, IMF warns The International Monetary Fund (IMF) on Wednesday said Nigeria was slowly exiting recession but remains vulnerable because its growth is tied to oil prices with improved revenues restricted to the energy and agriculture sectors. The assessment, published in a report on Wednesday, came in its Article IV consultation, an annual appraisal...... more

The cloud could be the strongest business weapon yet

The cloud could be the strongest business weapon yet “The snowball effect of cloud computing is the increasing manner in how businesses meet their IT needs,” says Anton Jacobsz, managing director at African value-added distributor, Networks Unlimited. He explains this “manner” as a move away from the once traditional and standard “be all and end all of IT success”, the...... more

Deception Technology comes of age

Deception Technology comes of age Deception is usually frowned on by most societies and can carry negative connotations. But can deception ever be a positive? Cybersecurity company Attivo Networks believes that it certainly can be. Anton Jacobsz, managing director at Networks Unlimited, an African value-added technology distributor of Attivo Networks, says, “Companies are recognising more and...... more

Thinking of buying bitcoin? Read this first

Thinking of buying bitcoin? Read this first The final months of 2017 brought all-out bitcoin mania. The value of the digital asset soared near $20,000, then settled back down below $15,000, and is up nearly 1,500% this year; Coinbase, the bitcoin brokerage, surpassed 13 million users and briefly became the No. 1 smartphone app on the iOS App...... more

Osun-Turkish Cooperation: Lessons from concession agreement, By Inwalomhe Donald

Osun-Turkish Cooperation: Lessons from concession agreement, By Inwalomhe Donald  The Osun State Government recently signed a concession agreement with all works of life (AWOL) International Limited, for the completion of the MKO Abiola International Airport, Ido-Osun. The signing of the concession agreement, which is to annex the infrastructural development of the state, was held at the State Secretariat. AWOL International...... more

Access Bank ready for digital disruption: Leo Stan Ekeh

Access Bank ready for digital disruption: Leo Stan Ekeh Serial digital entrepreneur and Chairman, Zinox Group, Leo Stan Ekeh, has declared that foremost financial institution, Access Bank Plc is eminently equipped to take advantage of the impending disruption aided by the rise of financial technologies (FinTech) which is expected to unleash an era of innovative change in the financial services...... more

10 firms in trouble over $250m oil money

10 firms in trouble over $250m oil money The House of Representatives Committee on Oil and Gas is investigating 10 oil companies for alleged failure to remit $250 million to the Federal Government. The committee has threatened to issue warrant of arrest on the Managing Directors of the companies of they fail to appear before it on Thursday. Mr...... more

Court shuts First Bank branch

Court shuts First Bank branch Following an Industrial Court order in Makurdi to enforce a judgement against First Bank Nigeria Limited, activities at the bank were disrupted for over six hours yesterday, leaving customers of the bank stranded. The customers were shut out of the office from 8:30 am to about 3:10pm when this report was...... more

Investigation: How Chinese firm is degrading Abia community, officials sexually exploiting female workers

Investigation: How Chinese firm is degrading Abia community, officials sexually exploiting female workers  For one month, ODIMEGWU ONWUMERE goes undercover pretending that he was seeking for an employment at Inner Galaxy Group, a Chinese steel company that is situated in the remote Obuzor Community, Asa of Abia State. His findings are shocking, to say the least. A journey to Inner Galaxy complex is like a journey...... more

First Bank’s utter disregard for customers

First Bank’s utter disregard for customers For a bank that recently had a programme that promotes kindness and putting their customers first, recent events have shown that First Bank of Nigeria Plc, Nigeria’s oldest banking institution, is yet to fully grasp the art of customer service.   My journey with First Bank began when we had to open...... more

Of Reps, INTELS and national interest, By Abang Asuquo

Of Reps, INTELS and national interest, By Abang Asuquo I watched with bemusement on Wednesday night as members of the House of Representatives, once again, put themselves on the line for the assessment of Nigerians. It is no secret that possibly since 1999, when the country retuned to civil rule, no set of legislators has courted public opprobrium like Class...... more

Tinubu outlines 7-point agenda to revive Nigeria’s economy

Tinubu outlines 7-point agenda to revive Nigeria’s economy National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, has proposed a seven-point agenda, which he said, would revive the country’s troubled economy and drastically reduce her dependence on petro-dollars. Tinubu explained that the development of a national infrastructure plan; the return of commodity exchange boards and the...... more

BREAKING NEWS: NLNG wins High Court case against NIMASA

BREAKING NEWS: NLNG wins High Court case against NIMASA The Federal High Court sitting in Lagos today delivered judgment in favour of Nigeria LNG Limited (NLNG) in a case between the company and the Nigerian Maritime Administration and Safety Agency (NIMASA) over applicability of NIMASA levies. NIMASA had alleged that NLNG was liable to pay  three percent gross freight  on...... more

 

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