In what some persons might said to be bizarre,the United States,National Research Center (NRC) has been commissioned by the National Institute of Drug Abuse(NIDA) to conduct comprehensive research evaluating the effects of cannabis on the human body. What this means is that it will give participants who participated in the …
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Oil prices trade below $28 per barrel, hit fresh 12-year low
OIL futures traded below $28 a barrel on Wednesday, dragged down by a fresh slide in the global financial markets and continued concerns about the glut of crude. Fears about an economic slowdown in China, the world’s second biggest economy, have rattled financial markets at the start of the year …
Read More »Leave Tompolo alone, group tells Buhari
A group of intellectuals in Ibadan,The Trenchard Tank, has thrown its weight behind former Niger Delta militant leader, High Chief Government Ekpemupolo, a.k.a Tompolo, while calling on the President Buhari-led administration to “soft-pedal on its grievances against Tompolo.” Addressing newsmen, on Wednesday, in Ibadan, the group through its spokesman, Damilola …
Read More »Jimoh Ibrahim fires Newswatch MD on Live TV
Responding to a media house’s question as to his whereabouts in the face of the ongoing probe by EFCC, Jimoh Ibrahim seems to know how to respond. Billionaire businessman, Jimoh Ibrahim has sacked the Managing Director of his media company,Newswatch, over unpaid salaries of workers. This happened at a public …
Read More »Full scale war brew in N’Delta as militants attack more facilities
The Niger Delta region was on the verge of full scale war on Saturday after unrestrained attacks on oil facilities by armed youths believed to be loyalists of leader of the defunct Movement for the Emancipation of the Niger Delta (MEND), Government Ekpemupolo (alias Tompolo). It was gathered that Saturday’s …
Read More »Stock market loses N5.97tn in 18 months
The Chief Executive Officer, Nigerian Stock Exchange, Mr. Oscar Onyema, has said the Nigerian capital market has lost over N5.97tn from July 2014 to date. He also said 2016 would be a challenging year for the capital market and the Nigerian economy at large. Onyema disclosed this at the NSE …
Read More »N1.4trn fine: Court bars MTN from moving funds abroad
The Federal High Court in Lagos on Tuesday barred MTN Nigeria Communications Limited from moving any funds from all banks in Nigeria abroad pending hearing of its suit challenging the N1.4trillion fine imposed on it by the Nigerian Communication Commission (NCC). Justice Mohammed Idris ordered parties to maintain status quo. …
Read More »Rupert Murdoch announces engagement to model, Jerry Hall
Media mogul, Rupert Murdoch, announced his engagement to former supermodel Jerry Hall on Tuesday, and gave details of plans for his fourth marriage in a classified advert in one of his British newspapers. The engagement was advertised in the Births, Marriages and Deaths section of the Times newspaper. “Mr Rupert …
Read More »EFCC arrests NBC DG, Emeka Mba over alleged N15bn fraud
The Economic and Financial Crimes Commission (EFCC), on Monday, arrested the Director-General of the Nigerian Broadcasting Commission (NBC), Emeka Mba, over an alleged N15 billion fraud. Mba was arrested in Abuja and taken to the EFCC’s headquarters where he is currently being grilled. Those familiar with the investigation say the …
Read More »Twitter Limit To Go From 140 to 10,000 Characters Long
Micro-blogging social network, Twitter is currently planning to get rid of its 140-character limit and replace it with a new feature that lets users post tweets that are up to 10,000 characters long, according to Re/code. Sources familiar with the plan said the new feature, which is currently being called …
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