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20:36 7 biggest political fights that have caused tension in Nigeria


21:23 Abuja airport 57.5% completed as FG reaffirms re-opening date


23:10 Nigerian economy maintains recovery path – Presidency



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  • Nigeria, biggest recipient of payment from Shell in 2016

    June 14, 2017 12:14 AM 14

    Global oil giant, Royal Dutch Shell Plc, said on Tuesday that it paid $3.638bn to the Nigerian government last year for its activities in the country. Nigeria’s revenue from the oil major was the highest out of the 31 countries to which Shell made payments last year. Shell, in its ‘Report on Payments to Governments for the Year 2016’ released on Monday

  • Only maximum demand customers exempted from bills – NERC

    June 13, 2017 5:57 PM 11

    The Directive to exempt MD customers from estimated bills was sequel to an earlier Directive of the Commission to the 11 Distribution Companies (DISCOs) to completely meter all their MD customers on or before 31st November 2016. However, the DISCOs sought for and were granted an extension to 1st March 2017.” The Commission directed over the weekend that no MD customer

  • Thai clickfarm using 474 iPhones gets thumbs-down from police

    June 13, 2017 10:19 AM 9

    Three Chinese men used hundreds of phones and nearly 350,000 SIM cards to operate a vast network of bot accounts on WeChat, according to reports. Social media is big business, so likes and shares can be very valuable. That, of course, means there's a market for fake likes and shares. Three Chinese men were found to be running a complex social media operation

  • FG tags 2017 budget on economic recovery, growth

    June 13, 2017 9:43 AM 44

    Osinbajo said the name reflected the commitment of the administration to ensure strong linkage between the medium-term Economic Recovery and Growth Plan (ERGP) recently launched by President Muhammadu Buhari and the annual budgets. According to him, it is designed to bring the Nigerian economy out of recession unto a path of sustainable and inclusive

  • Governor Ibikunle Amosun's daughter to wed Abike Dabiri-Erewa's son

    June 13, 2017 4:32 AM 12

    Governor Ibikunle Amosun of Ogun state's daughter Ayomide is about to get married to Senior Special Assistant to President Buhari on Foreign Affairs and Diaspora Abike Dabiri-Erewa's son, Dipo. is happy to report that the governor of Ogun state, Senator Ibikunle Amosun's barrister daughter Ayomide Amosun is about to get married to Oladipo Dabiri

  • Growth in Africa to reach 3.4 pct in 2017, 4.3 pct in 2018: OECD, AfDB

    June 12, 2017 1:10 PM 20

    BERLIN – The Organisation for Economic Co-operation and Development (OECD) and the African Development Bank (AfDB) expect economic growth in Africa to pick up this year and next. Presenting their latest forecasts at the sidelines of a G20 Africa summit in Berlin, both organisations forecast gross domestic product (GDP) to expand by 3.4 percent this year after

  • 31 Ships Laden With Petroleum Products, Food Items, To Arrive Lagos Ports

    June 12, 2017 11:34 AM 12

    The Nigerian Ports Authority (NPA), on Monady, stated that no fewer than 31 ships, laden with petroleum products, food items and other goods were expected to arrive at Apapa and Tin-Can Island ports in Lagos from June 12 to June 23. The authority noted that the ships contained buck wheat, bulk fertiliser, general cargo, frozen fish, bulk coke, bulk sugar

  • AMCON stopped buying bad loans to discourage corporate rascality—Kure

    June 11, 2017 11:17 PM 12

    You indicated that the N136 billion contributed by banks into the AMCON Sinking Fund last year was inadequate. Is there possibility of increasing the contribution of the banks to the Sinking Fund? It is going to be difficult in the next one or two years because what is happening now is that they are contributing a percentage of their balance sheet, which

  • Enigma Project Announces ‘Catalyst’ a Decentralized Hedge Fund Platform

    June 10, 2017 3:30 PM 14

    Enigma Project Announces ‘Catalyst’ a Peer-to-Peer and Trustless Hedge Fund Platform    used during World War II. The Enigma project was created by Guy Zyskind, Conner Fromknecht, and Can Kisagun. The Enigma founders say that the project’s core foundations and inspiration come from Bitcoin. wants ordinary investors to be able to invest directly into these

  • No finance to revamp refineries as planned – Kachikwu

    June 9, 2017 3:24 PM 37

    The Federal Government has neither concessioned nor disposed any of the country’s refineries for any business concern, the Minister of State for Petroleum, Emmanuel Ibe Kachikwu has said. Kachikwu added that so far, no financiers have been selected to revamp the refineries as planned. Although efforts are geared towards revamping the existing refineries