Mr President. . .president of the Federal Republic of Nigeria. Your excellency, the Senate president. Your excellency, the right honourable speaker. My brother governors that are here, past and present, especially Asiwaju, who I’ll talk about very shortly. The deputy secretary-general of the United Nations, our pride in New York, …
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Microsoft Opens It First African Development Center In Lagos
Multi-billion dollar American company, Microsoft,will today open its first African Development Center in Nigeria where geniuses will provide software engineering solutions to the world and Africa, in a $100m investment, alongside Kenya.The hub in Lagos will be the first in Africa.
Read More »PSP Operators May Suspend Services Over Diesel Cost
Some private sector participation (PSP) operators have said that the prohibitive cost of diesel and vehicular spare parts may force them to suspend their services. “We would be unable to continue to render our services if urgent steps are not taken by Government to revert the rising cost of diesel …
Read More »McDonald’s Closed 847 Restaurants In Russia. Russians Turned The Logo 90 Degrees
McDonald’s closed 847 restaurants in Russia and left. Russians turned the logo 90 degrees. Welcome to “Uncle Vanya”. Similar burgers, fries, etc. And much lower prices. Only Russian ingredients. Russia’s controversial response to the closure of McDonald’s restaurants Fast-food chain has closed more than 800 stores in Russia Companies in …
Read More »BUA Releases Statement On Fire Incident At Sokoto Diesel Depot
BUA group has issued a statement on a fire incident that occurred at its Diesel Depot in Sokoto State. The statement read; “We wish to use this medium to inform the public of an isolated fire incident which occurred at a diesel storage tank farm situated in the vicinity of …
Read More »Top 20 Richest & Poorest Countries In The World’s $94 Trillion Economy (Photos)
Just four countries – the U.S., China, Japan and Germany make up over half of the world’s economic output by gross domestic product (GDP) in nominal terms. In fact, the GDP of the U.S. alone is greater than the combined GDP of 170 countries. How do the different economies of …
Read More »Umeh, Century Power CEO Recommends Another Round of Auction for Discos
A leading player in Nigeria’s power sector, Dr. Chukwueloka Umeh, the Managing Director/Chief Executive Officer of Century Power Generation Limited, has advocated that Discos have to be auctioned again for the public to start getting value from the sector. According to Umeh, aside from solving the liquidity problem that ails …
Read More »BREAKING: Air Peace CEO Allen Onyema’s Company Dissolved In U.S.
BREAKING: Air Peace CEO Allen Onyema’s Company Dissolved In U.S. U.S. government fingered the company in 2019 as one of the firms allegedly used by the CEO and Chairman of Air Peace, Allen Onyema, to perpetrate bank fraud and money laundering. Authorities in the U.S. state of Georgia have dissolved …
Read More »FG Seals Agropartnerships, Oxford Holdings Over ‘Illegal Investment Activities’
The Securities and Exchange Commission (SEC), on Monday, sealed the premises of three companies for allegedly engaging in illegal investment activities. The affected companies are Oxford International Group, Farmforte Agro-Allied Solutions Limited/Agropartnerships and Vektr Capital Investment. The apex capital market regulator accused the companies of carrying out capital market activities …
Read More »Roman Abramovich: New Evidence Highlights Corrupt Deals
A BBC investigation has uncovered new evidence about the corrupt deals that made Roman Abramovich’s fortune. The Chelsea owner made billions after buying an oil company from the Russian government in a rigged auction in 1995. Mr Abramovich paid around $250m (£190m) for Sibneft, before selling it back to the …
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