Executives at the world’s biggest oil and gas companies are under growing pressure to loosen the purse strings to replenish reserves, halt output declines and take advantage of a crude price rally after years of austerity. With oil at a four-year high of $85 a barrel, exploration departments are urging company boards to drill more, […]
Month: October 2018
Coca-Cola Zero launches CINNAMON flavour: ‘You’ve gone too far this time!’
COCA-Cola has launched a limited edition cinnamon flavour version of Coke Zero just in time for Christmas, and people don’t know what to think. According to Coca Cola Facebook page , “Just in time for Christmas, this sugar free version attempts to satisfy the public’s love for cinnamon. Hoping to get you in the festive […]
NCC, Judiciary, to jointly fight cybercrime
The Nigerian Communications Commission (NCC) on Wednesday called for the cooperation and contributions of the judiciary to checkmate rising cases of cybercrime in the country. The Executive Vice Chairman of NCC, Prof. Umar Danbatta, made the plea in Lagos during the “2018 Annual Workshop for Judges on Legal Issues in Telecommunication’’. He said that in […]
Cops arrest Nigerian with Sh25.3m fake US dollar bills in Kenya
AP officers on Wednesday arrested a Nigerian national in South B and seized fake US dollar bills. Henry Omoaka, 51, was nabbed at Malaika Apartments with fake notes of USD251,400 (Sh25.3 million). The suspect claims that some people, among them Kenyans and Nigerians, fixed him. The officers found that the man, who claims to be […]
Nigeria amputees’ crowd-fund for World Cup in Mexico
With just three weeks until the Amputee World Cup in Mexico the Nigerian team has turned to a crowd-funding campaign to raise the necessary finances. The Special Eagles have missed the last three editions of the tournament in 2010, 2012 and 2014 due to a lack of money. Arsenal Amputee FC’s Michael Ishiguzo noticed their […]
World Bank cuts sub-Saharan Africa’s 2018 growth forecast to 2.7 percent
The World Bank has cut its economic growth forecast for sub-Saharan Africa this year to 2.7 percent from an earlier forecast of 3.1 percent, mainly because of slower-than-expected growth in the continent’s bigger economies, the bank said on Wednesday. The region, which had posted a fairly fast average growth rate in the years leading up […]
Osinbajo announces slash in business name registration fees
Vice President Yemi Osinbajo has announced approval of a 90-day special window to register businesses at a reduced rate of N5, 000 only from N10, 000 Mr. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President in Abuja, said that Osinbajo made the announcement in Enugu. Osinbajo, […]
Winners announced for Nobel Physics Prize
Three researchers, including a woman and a nonagenarian, on Tuesday shared the 2018 Nobel Physics Prize for inventions in the field of laser physics which have paved the way for advanced precision instruments used in corrective eye surgery and industry, the jury said. Arthur Ashkin of the United States won one half of the nine […]
ERGP focus labs to help Geometric Power boost power generation in Aba
The Economic Recovery and Growth Plan (ERGP) focus Labs set up by the Federal Government is expected to boost power generation in Aba and other parts of the country. Geometeric Power Limited, a major player in the nation’s power sector and a host of other participants attended the Economic Recovery and Growth Plan (ERGP) focus […]