The President of the Federal Republic of Nigeria, Muhammadu Buhari told Governors on Thursday, March 16, 2017 that he does not need more rest as he is concerned with the challenges facing Nigeria. The President said this when he turned…
Category: Economy and Finance
RECESSION: Inflation drops, Food Prices still up
For the first time since 2015, consumer price index (CPI), which measures inflation in the economy, fell, signalling a recovery in the Nigerian economy. According to the National Bureau of Statistics (NBS), the inflation rate dropped from 18.72 percent in…
AFRICA: The AU launches DotAfrica Domain
A generic Top Level Domain for the African Continent has been launched by the African Union. The domain which was created on Friday will give Africans an opportunity to forge a unique online identity which will associate their products, services…
NIGERIA: Lady Builds Android Watch that Tells Time In Yoruba
Moyinoluwa Adeyemi is a Nigerian app developer who studied Computer Science at the prestigious Obafemi Awolowo University. She is a Software Engineer at Swifta Systems and a co-organizer at Google Developers Group. The inspiration for the watch came one Friday…
EITSALAT: Banks Take Over
3 Nigerian Banks [Access Bank, Guaranty Trust Bank and Zenith Bank] are set to take over telecoms Company Etisalat. The takeover is as a result of debts incurred over the years by Etisalat. According to techpointdotng, Etisalat obtained loans — amounting to $1.72…
Flobyt: The Emergence Of Free WiFi Services
According to Nigerian Tech Analyst and Start-up mentor, Oluwole Ogunlade, “One of the best marketing strategies in the world is to give away your products for free.” He cited the two biggest websites in the world as examples, Google and…
Breaking: Ex-Governor Bags 5 Year Jail Term
Former Governor of Adamawa State, Bala James Ngilari has been sentenced to five years in prison without option of fine by the Adamawa High Court on Monday. He was convicted by Justice Nathan Musa for alleged violation of procurement laws. The…
Naira loses steam against Dollar, sells at N465 per dollar
The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation.
FIRS shut Kabo airline operation over N149m tax debt
Kabo Airline has lost millions of Naira as its operations were shut down over non-payment of tax.
Osinbajo inaugurates SDGs private sector group
Acting President Yemi Osinbajo on Tuesday inaugurated the Sustainable Development Goals Private Sector Advisory Group (SDG- PSAG) with an advice on the elite to cater for the needs of the poor and vulnerable people.