Exchange Rates: BUY/SELL 1 USD=358/361 NGN, 1 GBP=474/480 NGN, 1 EURO=412/418 NGN

Buhari, Queen Elizabeth, others for Ooni Ogunwusi’s Installation

OSOGBO—President Muhammadu Buhari, the representative of the Queen of England, Queen Elizabeth II and Vice President, Prof. Yemi Osinbajo, are some of the dignitaries expected on December 7, at the installation and presentation of staff of office to the new Ooni of Ife, Oba Enitan Babatunde Ogunwusi, Ojaja II. Other prominent traditional rulers expected at the ceremony are the Sultan ...

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Actress Laide Bakare Gifts Music Stars New Prado SUV

Since popular Yoruba actress, Laide Bakare, known as Alhaja ti o common, launched her record label, Simline Records, she’s been up and about,  not only to make her label one to reckon with but also one of the best out there. The beautiful actress recently broke the bank as she gifted her new signee B2L, the duo of Barmie and ...

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Myro features Oritsefemi in New Song Plantain

Riding on the success of his hit tracks like Ocha and Ngala, Oghenemairo Daniel Ozah, otherwise known  as Myro, is storming the music scene with yet another hit bang, the remix of his single, Plantain. The multi-talented singer, rapper and songwriter is featuring another rave of the moment, Oritsefemi in the new song that is currently enjoying massive airplays across the ...

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World Bank, Seven Energy in $200m Gas Infrastructure Deal

The World Bank and a local energy company, Seven Energy International Limited (Seven Energy), have sealed a gas infrastructure financing deal, the banks’s first engagement in Nigeria’s gas sector. Under the deal, the Multilateral Investment Guarantee Agency, MIGA – the political risk insurance and credit enhancement arm of the Bank Group – would be providing a guarantee of $200 million ...

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UBA’s ‘Contactless’ Card Services to Revolutionise Payments System

UNITED Bank for Africa (UBA) Plc is set to rave up activities in Nigeria’s payments system landscape with the introduction of contactless card payment. The contactless cards payment offer UBA customers an easier and more convenient hassle-free way to pay for goods and services. UBA contactless cards holders will experience the next level of convenient payment services; a touch and ...

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Firm urges CBN to Audit CoT charges in banks

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A CALL has been made to the Governor of the Central Bank of Nigeria (CBN), to implement and audit its directive to all banks on reduction of Commission on Turnover (COT), as the charges are currently crippling Small and Medium Enterprises (SMEs). The appeal was made by the Chairman of Builders’ Mart, Ayobami Biobaku, who alleged that CBN has not ...

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Stanbic IBTC Bank Launches Interactive Teller Machine

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STANBIC IBTC Bank Plc, has lunched the National Cash Register (NCR), Interactive Teller Machine (ITM), an innovative product that will allow customers perform full banking activities 24 hours of the day. According to the bank, the ITM will further enrich customers’ banking experience as it enables them perform banking operations such as account opening, cash deposit and withdrawal, cheque deposit ...

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Ghana Gets Power-Generating Ship to Curtail Outages

WORRIED by lingering power supply crisis and its pangs on the populace and economy, Ghana has resorted to a new electricity generating scheme that would add a daily 235 megawatts (mw) to its grid this month and a further 250 mw in January, to address an estimated supply deficit of 500 mw. Already, a power-generating ship was officially welcomed at ...

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Govt to Raise Team Against illegal Mining

Stakeholders seek creation of solid minerals exploration fund The Federal Government may have concluded plans to raise a team to tackle the menace of illegal mining in the country, going by the administration’s plan to revive the taskforce for the sanitisation of operations in the industry. The Chief Executive Officer Mining Cadastral Office, Mohammed Amate, who stated this in Abuja, ...

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Total Targets 10 Solar-Powered Filling Stations by December

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TOTAL Nigeria Plc, has expressed its commitment to further improve service delivery to customers, even as it unveiled plans to lunch additional eight solar-powered filling stations to make a total of 10 efficient stations across the country. The oil marketing firm already has one solar-powered station in Ikeja Lagos and Abuja, but Its Managing Director, Mr. Alex Vovk, told The ...

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Govt pays N53.3 per Litre Subsidy on Kerosene

THE Federal Government, as at November 19, paid N53.3 per litre to subsidies kerosene in the country. Though government subsidises the household product supposed to be sold at a regulated price of N50 per litre, kerosene actually sells for as much as N150 per liter. According to the Petroleum Products Pricing Regulatory Agency (PPPRA), the landing cost of kerosene stands ...

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Russia will want to make Turkey pay

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The shooting down of a Russian jet that Turkey says violated its airspace near the Syrian border has further ratcheted up tensions between the two countries. The move appears to reflect a determination in Ankara to adopt a more aggressive posture toward Moscow. But while it is certainly a bold shift, it is very much a symptom of the problematic ...

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Meet the 15-Year-Old Kid Who’s Suing Obama Over Climate Change

the long-haired, hip-hop-savvy Coloradan is one of 21 young activists joining climate scientist James Hansen in suing the Obama administration for failing to ditch fossil fuels. “It’s basically a bunch of kids saying you’re not doing your job,” he told me here at the U.N. COP21 climate change summit in Paris. “You’re failing, you know. F-minus. We’re holding you accountable ...

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Saudi Arabia to Build World’s Tallest Tower, Reaching 1 Kilometer Into The Sky

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Dubai, long champion of all things biggest, longestand most expensive, will soon have some competition from neighboring Saudi Arab Dubai’s iconic Burj Khalifa, the world’s tallest building, could be stripped of its Guinness title if Saudi Arabia succeeds in its plans to construct the even larger Jeddah Tower — a prospect looking more likely as funds for the $1.23 billion ...

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Reps Summon Amaechi, Virgin Atlantic Management Over The Sack Of Nigerian Cabin crew

House of Representatives on Thursday summoned Rotimi Amaechi, minister of transportation, and management of Virgin Atlantic over the recent sack of over 100 Nigerians workers employed by the airline. The resolution was passed following the adoption of the motion sponsored by Femi Gbajabiamila, majority leader, who expressed displeasure over the sack of all Nigerian cabin crewmembers employed by the company. ...

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The Pepsi Phone May Not Reach Its Crowdfunding Goal

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Last month we detailed the upcoming Pepsi smartphone, a mid-range smartphone model that would share the beverage brand for a China-only release. The device launched on JD’s crowdfunding site JD Finance this month and has been live for a week, attracting significant media attention. However with only eight days left it’s yet to reach half of its 3 million RMB ($470,000 USD) goal. Pepsi has chosen ...

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China Doesn’t Seem To Want Pepsi’s Branded Android Phone

China doesn’t seem to want Pepsi’s branded Android phone

When news of a Pepsi smartphone launching leaked, it seemed a bit of a left-field move that made little sense. Once announced, however, it made more sense. It’s aimed at the Chinese market, which is far more welcoming of branded limited edition devices. I said it made more sense, not a lot of sense. To date, the crowdfunding campaign has raised ...

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See The Invisible Wireless Signals Around You

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The human eye is remarkable, but it only lets us see a very small sliver of electromagnetic waves. It’s nearly impossible to imagine what our world would look like if we could see beyond the visible spectrum, but a new app called Architecture of Radio does give us a taste. The app offers an augmented-reality experience: spin your iPhone or ...

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Samsung May Partner With Google To Optimize TouchWiz

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TouchWiz is a front-end interface installed on Samsung devices, which can be customized using various themes. Some of the problems with TouchWiz is that it ships with many pre-installed applications that cannot be uninstalled and it consumes substantial amounts of memory. Now there are rumors that Samsung may partner with Google GOOGL +0.26% to optimize the TouchWiz interface, according to Samsung Viet. The rumor ...

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Movie Review – The Hunger Games: Mockingjay – Part 2 (2015)

As the war of Panem escalates to the destruction of other districts by the Capitol, Katniss Everdeen, the reluctant leader of the rebellion, must bring together an army against President Snow, while all she holds dear hangs in the balance. the saga of The Hunger Games finally comes to a close with the second half of Mockingjay an enjoyable and ...

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