Nigerian president Muhammadu Buhari is slated to meet with U.S. President Donald Trump in Washington Monday. The two leaders are expected to discuss the threat of terrorism and economic growth in Africa’s most populous country of almost 200 million people. Nigeria has been plagued by extremist group Boko Haram, which launched an insurgency nine years […]
Barcelona claimed their 25th La Liga title on Sunday as a Lionel Messi hat-trick secured a thrilling 4-2 victory at Deportivo La Coruna that wrapped up the league with four matches to spare. Ernesto Valverde’s men completed a league and cup double after thrashing Sevilla 5-0 in last week’s Copa del Rey final, regaining the […]
Any bank which fails to publish its annual account 12 months after the financial year end will have its chief executive sacked, the Central Bank of Nigeria (CBN) has directed. Also to be fired is the chairman of such a bank, The Nation reports. This directive is contained in the CBN’s Monetary, Credit, Foreign Trade […]
The Eko Electricity Distribution Company (EKEDC) has announced a five-hour outage in Ikoyi and environs from 10.00am to 3.00pm on Sunday. Mr Godwin Idemudia, the EKEDC General Manager, Corporate Communications, said in a statement on Saturday that the outage would enable the company to carry out maintenance work. According to the general manager, the maintenance […]
Following the declaration that every car it makes will get a mild hybrid, plug-in hybrid, or all-electric variant beginning in 2019, Volvo now says that all-electric cars will make up 50 percent of its sales by 2025. That’s an ambitious target for an automaker that doesn’t have any all-electric cars in its lineup right now. […]
The National Drug Law Enforcement Agency (NDLEA), Niger Command, said on Friday that it had arrested two suspects and seized 1,459kg of substance suspected to be cannabis sativa, in Kontagora and Rafi local government areas of the state . The Commander of the agency, Silvia Egwunwoke, disclosed this in an interview with the News Agency […]
President Muhammadu Buhari will leave Abuja on 28th April 2018, on an official working visit to the United States of America, on the invitation of President Donald Trump. President Buhari will have bilateral meeting with President Trump and a working lunch on Monday 30 April 2018. The meeting is to discuss ways to enhance the […]
The 2019 Corolla hatchback has already moved to the Toyota New Global Architecture, and now it’s the sedan’s turn to adopt the technology. To prepare for the 12th generation Corolla, Toyota will invest $170 million in its plant in Blue Springs, Mississippi. Toyota says it will completely replace the production lines inside the facility. Moving […]
While plunging output in Venezuela captures the oil world’s attention, problems are quietly festering in another OPEC nation. Angola, once Africa’s biggest crude producer, is suffering sharp declines at under-invested offshore fields, with output dropping almost three times as much as the nation pledged in an accord with fellow OPEC members. With the losses set […]
The market was quiet amid muted demand from Asian and European refineries for new cargoes at current prices. * The bulk of Nigeria’s June export programme was still available, though sellers were holding off partly because of pending tenders. * The nation will load close to 1.8 million barrels per day (bpd) in June, as […]