Journalists in the country have been warned to ignore the haste with which the media is converging whereby stories are not properly investigated before being published. Vice chairman of Daily Trust Foundation, Alhaji Ishaq Ajibola gave the warning Monday during the opening session of Digital Journalism training by Press Association, London and funded by MacArtur […]
Month: July 2017
FG introduces new guidelines for raw sugar allocation
National Sugar Development Council (NSDC) says Federal Government has introduced new guidelines and benchmarks for raw sugar allocation for operators in the sector. Executive Secretary of the council, Dr Latif Busari, made this known in a statement in Abuja on Monday, and said that the measure was to improve performance of operators of Backward Integration […]
Petrol cars will vanish in 8 years, expert says
An expert has predicted that in eight years, the sale of petrol or diesel cars, buses, or trucks anywhere in the world would be outdated as the entire market for land transport will switch to electrification, leading to a collapse of oil prices and the demise of the petroleum industry. This is the futuristic forecast […]
CBN pumps another $195m into forex market
The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange market, has injected $195 million into various segments of the inter-bank foreign exchange market. A breakdown of the figures released by the CBN on Monday shows that $100 million was offered to authorised dealers in […]
Yudala rolls out 15 luxury wines/spirits stores nationwide
As part of its strategic expansion drive, Nigeria’s leading composite e-commerce outfit, Yudala is launching 15 luxury wines and spirits stores nationwide to cater for the sophisticated lifestyle of Nigerians. Yudala’s CEO, Mr. Wole Ogundare said that the stores, which would be rolled out in major cities, including Lagos, Port Harcourt, Abuja, Owerri and Uyo, […]
Power sector records 213 systems collapse
The electric power sector in Nigeria has experienced 213 systems collapse that caused severe nationwide outages in the last nine years, industry data have shown. Figures from log records on systems collapse from the Transmission Company of Nigeria (TCN) show that 141 Total systems collapse occurred during the period with another 72 Partial collapse of […]
KPMG, Singapore lure 30,000 people to FinTech
Organisers of the Global FinTech Hackcelerator programme is targeting more than 30,000 people, as part of the annual Singapore FinTech Festival. The event which will take place from November 13-17 is being sponsored by KPMG Nigeria in collaboration with the Monetary Authority of Singapore (MAS). The Senior Manager Fintech Practice, KPMG, Ladi Asuni, said the […]
U.S. lifts laptop restriction for flights from Abu Dhabi
The United States on Sunday lifted a ban on laptops in cabins on flights from Abu Dhabi to the United States, saying the United Arab Emirates’ Etihad Airways had put in place required tighter security measures. Etihad welcomed the decision and credited a facility at Abu Dhabi International Airport where passengers clear U.S. immigration before […]
Nigeria, Ghana, 11 others to discuss mining issues
No fewer than 12 West African countries will assemble in Nigeria to deliberate on ways to develop the mining sector in the region, Alhaji Sani Shehu, President, Miners Association of Nigeria, has said. Shehu told the News Agency of Nigeria (NAN) on Sunday in Abuja that the countries would meet on July 5 to discuss […]
Yudala extends TECH WEEK promotion to meet huge demands
In a bid to meet the yearnings of its customers, Yudala, Nigeria’s pioneer online and offline e-commerce outfit, has extended a nationwide mega-sales event tagged Yudala Tech Week – a massive promotion offering millions of Nigerians a chance to enjoy rock-bottom prices and free delivery on a wide range of technology products. Yudala Tech Week […]