The Federal Government said on Wednesday that it has no plans to concession or sell the refineries in the country. President Muhammadu Buhari said this while declaring open the 5th Triennial National Delegates’ Conference of the Petroleum and Natural Gas Senior Staff Association of Nigeria(PENGASSAN) in Abuja. The theme of the conference is: “Emerging Trends […]
BMW AG is scrapping stick shifts on some models in the U.S., such as the 2-Series Coupe, as the German carmaker streamlines options for customers to stabilize profitability amid higher spending and lower returns from electric cars. With a wide array of choices, such as more than 100 steering wheels and engine configurations, BMW is […]
The generic version of the most advanced drug against HIV has been introduced in Kenya, a first in Africa where more than 25 million have the disease, the NGO Unit aid said Wednesday. The drug, Dolutegravir (DTG) is the anti-retroviral drug of choice for those living with HIV in developed countries, but its high price […]
Indonesian authorities have imposed a travel ban on tycoon and politician Hary Tanoesoedibjo, who is building resorts to be managed by Trump hotels, over an investigation into allegations he threatened a prosecutor via a text message. Tanoesoedibjo has been given a 20-day overseas travel ban starting on June 22 based on a request by Indonesian […]
The world’s first Automated Teller Machine (ATM), a technology which brought transformation in the way people obtain and use cash, on Tuesday clocked 50 years. According to the Mirror, the world’s first ATM was unveiled by Barclays at its Enfield branch in North London on June 27 1967. As a tribute to the golden anniversary, […]
Facebook active users have reached two billion monthly, the social platform giant announced on Tuesday. The milestone was reached as founder Mark Zuckerberg highlighted his new mission — not just connecting people, but helping them find common ground. “As of this morning, the Facebook community is now officially 2 billion people!” Zuckerberg wrote in a […]
A group in Nigeria’s Niger Delta region has threatened to shut down Chevron multinational oil company. The group under the aegis of Kombot-Egbema & Gbaramatu Graduates Association says the company has been engaging in ‘cheap labour’ by leaving some of its staff as trainee. The group has given Chevron 48 hours to upgrade the status […]
EU antitrust regulators hit Alphabet (GOOGL.O) unit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, taking a tough line in the first of three investigations into the company’s dominance in searches and smartphones. It is the biggest fine the EU has ever imposed on a single company in an antitrust case, exceeding a […]
Facebook will soon start production of high-quality television series and gaming shows to be broadcast on its platform, one of the social media giant’s executives said on Monday. The online platform, which has around two billion monthly users worldwide, is working on the project with a small group of partners and hopes to start putting […]
Lagos State Governor Akinwunmi Ambode has said that his administration would give more attention to the state’s power, environment and transportation sectors in the next two years. Addressing reporters on Monday, the Governor described the sectors as crucial to driving social infrastructure in the state. “In the last two years, what we have done is […]