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Latest News European Union writes Buhari on Nigeria’s democracy Adeleke’s Victory: Any hope for Atiku at Presidential Election Tribunal? Ogoni Ethnic Nationality declares Amaechi, Emma Deeyah, Victor Giadom, George Feyii, Greg Nwidam, Eric Nwibani, others, persona-non-grata Kano Guber War: APC slams PDP El-Rufai reveals what will happen to those who voted against him during Kaduna governorship election Boko Haram: I slept in tents to inspire my people to return — Emir The martyrs of Rivers polls 103 make First Class in Open University APC planning to arrest our leaders in Bauchi — PDP End of the road for ISIS terrorists Boko Haram: Chad fires Military Chief over death of 23 soldiers Group hails court order on arrest of top APC politicians in Bayelsa, insists no election in Brass, Nembe

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (461,441 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (410,702 views) Shameless Genevieve Nnaji exposes breasts in public (346,747 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (297,528 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (261,803 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (236,648 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (222,784 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (204,484 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (192,856 views) 10 cars more expensive than Jets (177,994 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (177,020 views) Lagos plane crash: Journalist releases victims’ names (175,904 views)

 

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

Apple to release three new iphone models in 2019

Apple to release three new iphone models in 2019 Apple Inc. is planning to release three new iPhone models again this fall, including a successor to the struggling XR, the lower priced 2018 device with a liquid-crystal display that has fallen short of Apple’s sales expectations, people familiar with the matter said. Apple plans to introduce some new camera features...... more

CFOs predict recession, market crash before 2020

CFOs predict recession, market crash before 2020 An overwhelming majority of U.S. chief financial officers say the economy will sink into a recession by the end of President Donald Trump's first term in 2020, and about half say it will happen next year.  Almost half of corporate CFOs, 49 percent, say the U.S. economy's decade-long growth streak is set to collide with...... more

Heirs Holdings signs $600m facility deal with Afrexim Bank, poised to scale up energy investments

Heirs Holdings signs $600m facility deal with Afrexim Bank, poised to scale up energy investments As a further demonstration of the African Export-Import Bank’s (“Afrexim”) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, Afrexim on Tuesday signed financing facilities totalling US$600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company. Heirs Holdings has significant investments across...... more

Nissan's Chairman to be ousted over financial misconduct allegations

Nissan Motor Co (7201.T) Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall for a leader hailed for rescuing the Japanese carmaker from close to bankruptcy. Ghosn is also chairman and chief executive of Nissan’s French partner...... more

Cyber Resilience Think Tank says actionable threat intelligence a priority

Cyber Resilience Think Tank says actionable threat intelligence a priority Mimecast Limited (NASDAQ: MIME), a leading email and data security company, has announced the release of the latest report “Threat Intelligence: Far-fetched Idea or Must-have Security Tactic? from the Cyber Resilience Think Tank”, an independent group of more than a dozen security leaders dedicated to working together to address cyber resilience...... more

First Made-in-Africa smartphone out

First Made-in-Africa smartphone out African high-tech player, Mara, has announced the production of their newest product the Maraphone – the first made-in-Africa. The full-scale smartphone will soon be manufactured in plants across Africa. “China has Huawei, Xiaomi; the U.S has iPhone and finally Africa has Maraphone,” Ashish Thakkar, founder of Mara Group told a press...... more

Shock, as Kwese quits Nigeria after only 18 months

Shock, as Kwese quits Nigeria after only 18 months News of Kwese satellite TV shutting down after only being in operations for 18 months has taken the internet by storm. As expected, people online had lots to say about this development and not many of them were nice. Econet media, the parent company of the brand, made it known that...... more

USA now world’s biggest crude oil producer

USA now world’s biggest crude oil producer The United States is now the world’s biggest crude oil producer, pushing Russia and Saudi Arabia to the back seat. In the week ending November, the U.S. crude production hit a whopping 11.6 million bpd, according to Energy Information Administration (EIA) data released on Wednesday. That’s a threefold increase from the...... more

Roberta Annan to launch €100m new investment fund for Africa at 2018 Paris Peace Forum in partnership with UN ITC & EU

Roberta Annan to launch €100m new investment fund for Africa at 2018 Paris Peace Forum in partnership with UN ITC & EU On November 12th 2018, the Ethical Fashion Initiative alongside African Fashion Fund and the European Commission (EC) will launch a ‘one hundred million euro fund’ (100million) the Impact Fund For Africa (IFFA) a new investment fund supporting African creative working in the fashion and lifestyle industries. Launching in Paris during the...... more

Bombardier, Mitsubishi in legal battle over trade secrets

Bombardier, Mitsubishi in legal battle over trade secrets Canadian airplane maker, Bombardier Inc, has sued the aircraft unit of Japan’s Mitsubishi Heavy Industries Ltd, saying former Bombardier employees passed on trade secrets to help Mitsubishi’s oft-delayed regional -Jet project. Bombardier filed the lawsuit late weekend in a federal court in Seattle against Mitsubishi Aircraft Corporation, Seattle-based Aerospace Testing Engineering...... more

Transcorp Hilton Abuja wins big at Global Travel and Hospitality Awards

Transcorp Hilton Abuja wins big at Global Travel and Hospitality Awards It was a night of double honours for Transcorp Hilton Abuja as the 5-star hotel was announced the winner of prestigious industry awards at simultaneous gala ceremonies on 2 continents. For the 3rd consecutive year, the hotel was presented with SIGNUM VIRTUTIS, the seal of excellence, as the winner of the...... more

Denmark to propose banning sale of new petrol, diesel cars from 2030

Denmark to propose banning sale of new petrol, diesel cars from 2030 Denmark will propose banning the sale of new petrol and diesel cars from 2030, a spokesman from the Danish energy and climate ministry told Reuters on Tuesday. The proposal formally be will be made by the government later on Tuesday and has to be passed in parliament to become law, the...... more

Thales: Data breaches at US financial services businesses on the rise

Thales: Data breaches at US financial services businesses on the rise Thales, a leader in critical information systems, cybersecurity and data security, has released a report noting that 42 percent of US financial services organisations have experienced a security breach in the past. According to its 2017 Data Threat Report, Financial Services Edition, which was issued in conjunction with 451 Research, the...... more

MTN Scandal: CBN defends sanctions on indicted banks, reassures foreign investors

MTN Scandal: CBN defends sanctions on indicted banks, reassures foreign investors The Central Bank of Nigeria (CBN) on Wednesday defended the sanctions it recently imposed on four deposit money banks (DMBs) in connection with illegal fund transfers by MTN Nigeria. “We wish to restate that the CBN will continue to welcome foreign investments and investors. Indeed, some of our recent innovations and...... more

BREAKING: FG suspends floating of national carrier, Nigeria Air

BREAKING: FG suspends floating of national carrier, Nigeria Air The Federal Government has suspended the proposed new National Carrier, Nigerian Air. The Minister of State for Aviation, Hadi Serika, made the announcement through his Twitter handle. “I regret to announce that the Federal Executive Council has taken the tough decision to suspend the National Carrier Project in the interim. “All commitments...... more

African multi-millionaires hit 7,100

African multi-millionaires hit 7,100 There are 7,100 multi-millionaires living in Africa, each with net assets of $10 million or more. There are over 320 centi-millionaires, each with net assets of $100 million or more; and 24 billionaires each with net assets of $1 billion or more. AfrAsia Bank Wealth Report 2018, says that total private...... more

Google offers self-destructing email

Google offers self-destructing email Google has rolled out a new feature available to everyone who can have sensitive emails destroy themselves as preset if Confidential Mode is enabled in Gmail.   The updated feature, which Google announced earlier this year, has become available to all its Gmail users, including both web-based or mobile phone customers,...... more

 

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