The absence of prosecution witnesses in court on Thursday stalled the trial of an undergraduate, Chidinma Ojukwu, for the alleged murder of the Chief Executive Officer (CEO) of Super TV, Usifo Ataga. Chidinma and one Adedapo Quadri are standing trial alongside a third defendant, Chidinma’s sister, Chioma Egbuchu, on a nine-count charge bordering on conspiracy, […]
Month: April 2022
Daily Facebook users up again after first-ever decline
Facebook stopped losing users as 2022 got under way, even as its owner reported its slowest revenue growth in a decade. The number of daily active Facebook users grew to 1.96 billion in the first three months of the year, parent company Meta reported on Wednesday. That marked a turnaround from last year, when the […]
Strike: ASUU cannot dictate payment platform for their salaries – Nwajiuba
The Minister of State for Education, Emeka Nwajiuba, has said the Academic Staff Union of Universities (ASUU) cannot dictate to the Federal Government what platform to be used in paying their salaries. He stated this in Abuja while addressing journalists shortly after receiving his presidential Nomination Form of the All Progressives Congress (APC) purchased for […]
US, Russia swap prisoners facing lengthy sentences
The United States and Russia exchanged high-profile prisoners on Wednesday even as the two countries remain sharply at odds over Moscow’s two-month invasion of Ukraine. Russia freed Trevor Reed, a former U.S. Marine jailed in Russia since 2019 after Russian authorities said he assaulted a police officer when he was detained after a heavy night […]
‘Put The Cocaine Back In’: Elon Musk jokes about buying Coca-Cola
An apparently emboldened Elon Musk has decided to flex his buying muscles further by joking about buying multinational beverage company, Coca-Cola on Thursday. According to Forbes, the soft drink giant is valued at $286 billion, while boasting of assets worth $94.35 billion as compared to Musk’s net worth of $240.3 billion as of 2022. “Next, […]
Tesla shares slide could put Musk’s Twitter takeover at risk
Tesla shares have fallen after investor concerns that boss Elon Musk may have to sell shares in the electric car maker to help pay for the takeover of Twitter. Tesla had more than $125bn (£99.3bn) wiped off its market value on Tuesday. One analyst said the slump in Tesla’s value may pose problems for a […]
EU to support Nigeria expand energy sector
The European Union (EU) on Tuesday promised to support Nigeria in its energy sector diversification through hydro, wind and biotechnology, to boost the power sector. Ms Inga Stefanowicz, the Team Lead of EU Delegation to Nigeria and ECOWAS on Green and Digital Economy, said this in an interview with the News Agency of Nigeria (NAN), […]
Pan-African Payment System, BUNA sign MoU to build payments between Africa, Arab region
The Pan-African Payment and Settlement System (PAPSS) in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat, has signed a Memorandum of Understanding (MoU) with BUNA. The News Agency of Nigeria (NAN) reports that PAPSS is operated by the African Export-Import Bank (Afreximbank) This is contained in a statement signed by Mr Papa Thiongane, […]
DMO receives 300 bids for FGN bonds
The Debt Management Office (DMO) says it received 300 successful bids in the recently released Federal Government of Nigeria (FGN) bonds offer. The DMO, in a statement on Wednesday said the bonds offer were oversubscribed to the tune of N34.15 billion, N12.3billion and N143.08 billion respectively. The News Agency of Nigeria (NAN) reports that the […]
US supports transferring some seized Russian assets to Ukraine
The Biden administration is set to ask Congress for legislative changes that would make it easier for the U.S. Justice Department to seize Russian oligarch assets and transfer part of the money to Ukraine, Attorney General Merrick Garland said on Tuesday. “We’ve been very carefully examining that question, and I expect that there will be […]