Ahead of its fifth anniversary lecture scheduled to hold September 28 in Lagos, Publisher and the CEO of Prime Sage International, owners of News Express and Daily Sports Nigeria, Isaac Umunna has described News Express as an online medium with the widest reach. The multiple award-winning journalist also declared that nobody in Nigeria and beyond […]
Nigeria’s National Council on Privatisation (NCP) has approved the commencement of the privatisation of Afam Power plants 1 to 5 in Rivers state. NCP chaired by the Vice President Yemi Osinbajo is the highest decision making body on policies relating to the privatisation and commercialisation policies of the Federal Government. According to statement issued by […]
The Nigerian National Petroleum Corporation (NNPC) has said sustained strategic intervention in the efficient supply and distribution of petroleum products has led to significant fall in the prices of petrol, and liquefied petroleum gas (LPG), also known as cooking gas, nationwide. In a statement yesterday, Ndu Ughamadu, spokesman of the corporation, said a national survey […]
Nigeria’s Egbin power plant, the biggest in Africa’s most-populous nation, is owed N125 billion ($352 million) by the government and half of its output is wasted because of inadequate transmission infrastructure, its chief officer said. Out of the roughly 1,300 megawatts currently generated by the facility’s six units, which is close to full capacity, some […]
Money solutions company, RenMoney is partnering with Smile Communications Nigeria, a mobile broadband telecommunications service provider to launch a flexible financing initiative. According to the companies in a statement on Sunday, this initiative, offers everyone the opportunity to own a Smile 4GLTE device that includes a data plan, especially for individuals and families. This unique […]
Three Nigerian entrepreneurs have been shortlisted for Shell LiveWIRE ‘Top Ten Innovators’, a global competition which highlights and rewards LiveWIRE businesses that demonstrate excellence in innovation. The three Nigerians have come up with creative ideas on energy efficiency and access to chemical and paint products, and join 22 entrepreneurs from nine countries to vie for […]
By Barry Eitel, San Francisco Wells Fargo announced Thursday it had uncovered 1.4 million potentially fake accounts in addition to the 2.1 million fake accounts it discovered last year. The US Government fined the San Francisco-based bank $185 million last year after an investigation revealed the company’s sales practices encouraged employees to set up fake […]
Pay TV company, Startimes has said the reason why it slashed the price of its 2-in-1 Combo decoder is to give all Nigerians opportunity to access digital television. The 2-in-1 Combo Decoder now sells at N5,900 from N13,900. Acting Acting Brand and Marketing Director, StarTimes, Qasim Elegbede, said that the price slash was a deliberate […]
More than four million records of users of Time Warner Cable’s MyTWC app were found unsecured on an Amazon server last month, digital security research center Kromtech Security Center said in a blog post on Friday. The files — more than 600 gigabytes in size containing sensitive information such as transaction ID, user names, Mac […]
Huawei [HWT.UL] aims to use artificial intelligence-powered features such as instant image recognition to take on rivals Samsung and Apple when it launches its new flagship phone next month, a top executive said on Saturday. Richard Wu, chief executive of Huawei’s consumer business, on Saturday revealed a powerful new mobile phone chip Huawei is betting […]