The Executive Secretary, Border Communities Development Agency (BCDA), Mr Numoipre Wills, has said that the agency would come up with a comprehensive plan to develop the 2, 500 border communities in the country. Wills said in an interview with the News Agency of Nigeria (NAN) on Thursday in Abuja, that the budget of the agency […]
Month: June 2016
Nigeria lost huge revenue to tax exemption by past administrations —Dogara
Mayowa Okekale, Abuja Speaker of the House of Representatives, Yakubu Dogara, has expressed support for the decision of the federal government to suspend the issuance of Negotiable Duty Credit Certificate, saying the scheme was abused to the detriment of the Nigerian people. The speaker reiterated his support for Export Expansion Grant, EEG, as one of […]
Entries call for the 2016 Etisalat Prize for Literature
Few months after the Democratic Republic of Congo’s Fiston Mwanza Mujila won the 2015 edition of the pan African Prize, Etisalat prize for literature with his first novel, Tram 83, entries have been called for participation in this year’s edition. Chief Executive Officer, Etisalat Nigeria, Matthew Willsher, who made this disclosure on Wednesday at a […]
Volkswagen announces a decline in US sales
German auto company, Volkswagen has announced a decline in its vehicle sales in the U.S. market. The company said on Wednesday that the sales figure in the first five months of 2016 dropped by 13% compared with the figures of 2015 within the same period. In the first five months of 2016, Volkswagen sold 125,205 vehicles, down […]
Whitney Houston Items up for grab
More than 100 items belonging to the late American music star, Whitney Houston, are up for grab, more than four years after her death. Her estate, according to media report is putting the items of the late superstar on the auction block. The items includes Houston awards, international passport, script from waiting to exhale and […]
No going back on 45 per cent increase in electricity tariff: FG
The Federal Government has said that there will be no going back on the 45 per cent increase in electricity tariff, adding that a reversal will cost over N575 billion. The Minister of Power, Works and Housing, Mr Babatunde Fashola, made the statement in Abuja on Tuesday when he briefed the Senate Committees on Labour […]
Tony Elumelu promotes Nigeria as top investment destination to the French Business Community
Serial entrepreneur, philanthropist and promoter of Africaptalism, Tony O. Elumelu, on May 27 delivered an inspiring speech in Paris, France, selling Nigeria as an investment destination to the French business community. Elumelu, who is the Chairman of Pan-African banking group, United Bank for Africa (UBA) Plc and proprietary investment firm, Heirs Holdings delivered the speech […]
Buhari to Shippers’ Council: Produce economic blueprint for maritime industry
President Muhammadu Buhari on Tuesday directed the Nigerian Shippers’ Council (NSC) as the economic regulator of ports to produce a viable blueprint for maximum exploitation of the economic potentials of the maritime industry. Buhari gave the directive in a message to the 14th Maritime Seminar for Judges in Abuja. The President was represented by […]
Facebook acquires Two Big Ears
Facebook has acquired Two Big Ears, an immersive audio company based in UK, for an undisclosed fee. Announcing the deal on its website, Facebook says its pipeline for cinematic VR and 360 video, including the authoring tools, encoder and rendering engine are now available for free. Details of the deal were not provided. Two […]