Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said the Federal Government would not allow massive importation of maize by Olam Group next year. Although the Minister stated that maize was not on the nation’s import ban prohibition list, he charged the company to work out how to grow the produce locally through […]
Author: Isaac Umunna
Bello, Eke, Obi others for News Express 5th Anniversary Lecture holding today at Sheraton Hotel & Towers, Ikeja, Lagos
All roads lead to Sheraton Hotel & Towers, Ikeja, Lagos, today (Thursday, September 28, 2017) for the News Express 5th Anniversary Lecture holding from 12pm prompt. The event will be headlined by the Guest Lecturer, Governor Abubakar Sani Bello of Niger State, who would speak on “National Unity and the Demand for Restructuring — A […]
Snap gets 10 million monthly users in new app
Snap Inc has said that it raked up 10 million users for its Discover news and video feature in France a year after launching there. The figure, which has not previously been reported, is equivalent to about 15 percent of the country’s population. Internationally, the Snapchat app has 173 million daily active users, the company […]
Hefner, Playboy founder dies at 91
Playboy founder Hugh Hefner, who helped usher in the 1960s sexual revolution with his groundbreaking men’s magazine and built a business empire around his libertine lifestyle, died on Wednesday at the age of 91. Playboy Enterprises said in a statement that, Hefner, once called the “prophet of pop hedonism” by Time magazine, peacefully passed away […]
Nigeria, Turkey strike agreement on arms influx
Worried by the influx of illegal arms from Turkey into Nigeria, both countries have agreed to cooperate to stop the export of harmful items. The Comptroller-General of Customs, Col. Hameed Ali (rtd) and Turkish Ambassador to Nigeria, Mr Hakan Cakil, made the agreement on Tuesday in Abuja. A statement by the Service Public Relations officer, […]
Twitter initiate test on 280-character tweets
The days of Twitter Inc (TWTR.N) limiting messages to 140 characters, a signature of the social network since its launch in 2006, may be numbered. Twitter said on Tuesday that it would begin a test with a random sample of users allowing them to send tweets that are as long as 280 characters, double the […]
2017 trade fair: LCCI to host 200 foreign exhibitors, 500,000 visitors
The Lagos Chamber of Commerce and Industry (LCCI) said over 200 foreign exhibitors from more than 15 countries and an average of 500,000 visitors are expected to attend the 2017, Lagos International Trade fair (LITF). According to Mr Sola Oyetayo, Vice President and chairman, Trade Promotion board of LCCI, the 10 days event with the […]
CAC crashes cost of business registration
The Registrar-General, Corporate Affairs Commission (CAC), Mr. Bello Mahmud, said on Tuesday in Abuja that the cost of business registration in Nigeria was now cheaper and its process simplified to enable small entrepreneurs to register their businesses. Muhmud announced this in a statement by Head, Public Affairs, CAC, Mr Godfrey Ike. Muhmud disclosed this while […]
Forex: CBN opens week with $195m ahead of MPC decisions
The Central Bank of Nigeria (CBN) on Monday boosted the foreign exchange market by offering a total of $195 million in three segments of the market. In the wholesale Secondary Market Intervention Sales (SMIS) of the Inter-bank Foreign Exchange Market, it auctioned $100 million and also intervened in the Small and Medium Enterprises (SMEs) and […]
Western Lotto empowers 2000 Nigerians
Lottery firm, Western Lotto has empowered over 2,000 Nigerians with N82 million since it commenced operation barely two months ago. Managing Director, Mr Yomi Ogunfowora, who disclosed this in Lagos recently stated that the term of reference of Western Lotto is to bring fun and hope to the Nigerian public. “We bring to Nigerians consumer […]