Pipeline sabotage brought Nigeria’s crude oil production down to as low as 1.3 million barrels per day (bpd) from 2.2 million targeted for last year. Consequently, about 700,000 barrels per day (bpd) of crude oil were deferred in 2016, Nigerian National Petroleum Corporation (NNPC) has said. A statement by the Group General Manager, Group Public […]
The construction of Bonny Island–Bodo road in Rivers State came closer to actualisation on Wednesday as Nigeria LNG Limited (NLNG) signed a tripartite agreement in Abuja with the Federal Government, represented by the Ministry of Power, Works and Housing, and Julius Berger Nigeria Limited, to part-fund the construction of the N120.6 billion road connecting communities […]
Volkswagen AG (VOWG_p.DE) and its Chinese joint ventures FAW-Volkswagen and SAIC Volkswagen will recall 4.86 million vehicles due to issues with air bags supplied by bankrupt auto parts maker Takata Corp, China’s quality watchdog said on Thursday. The recall comes after the watchdog asked the German automaker, General Motors Co (GM.N) and Daimler AG’s (DAIGn.DE) […]
Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday. Acton spent eight years with WhatsApp, which Facebook bought in 2014 for $19 billion in cash and stock. A Stanford alumnus, Acton co-founded WhatsApp with […]
Information and Communications Technology Minister, Adebayo Shittu in Lagos recently reiterated that information and communications technology (ICT) would continue to drive the global economy, providing huge opportunities to social and economic development. Shittu said this at the Indo-Africa ICT Expo 2017, organised by the Telecom Equipment and Services Export Promotion Council (TEPC) in partnership with […]
Smartphones have assumed the status of almost-indispensable gadgets. With the utility of these devices increasing by the day, it is no surprise that smartphone addiction is on the rise among various classes and demographics of users. According to the Research and Development Unit of Yudala, smartphones have lent hitherto-unimagined ease and convenience to the increasingly […]
Manufacturers of Pepsi and Mirinda soft drinks, Seven up Bottling Company, SBC, has embarked on a price compliance campaign as a market strategy to retain existing consumers and gain prospective ones. The campaign, ‘No Shaking, Carry go,’ is emphasizing volume and price as 50cl Pepsi pet bottle is selling for N100 as against competitors N150. […]
Gamers danced for joy Monday, September 11, 2017, as Western Lotto Nigeria gave out cheques of N50, 000 each to reward participants in its Mega Upgrade Promo, now extended to accommodate more players. Managing Director of Western Lotto Nigeria Limited Mr Yomi Ogunfowora said the company would paid N20.9m to 414 customers who attained eligibility […]
A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc (AAPL.O) on Tuesday is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV. The splashy launch event will take place at the Steve […]
Fidelity Bank Plc has reaffirmed its commitment to deliver unrivalled services to its teeming customers with the recent launch of its new brand campaign. The campaign dubbed ‘Our Word’, according to the bank reinforces its underlying promise to deliver a new face of service in Nigeria’s financial services industry. ‘Our Word’ campaign was unveiled to […]