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Daily Archives: July 16, 2018

A critical look at the Presidential Advisory Group on Tech and Creativity

In June 2018, the Federal Government of Nigeria officially unveiled an Advisory Group on Technology and Creativity. The new body consists of Nigeria’s brightest minds in the media, entrepreneurship, technology and creativity. Suggested read: Here are 28 tech entrepreneurs that made [...]

July 16, 2018 Technology Business & StartUps

Advertising startup, TaxiTV raises seed fund from Beta.Ventures

TaxiTV, a Lagos based advertising-technology startup has secured an undisclosed amount of seed funding in a round led by Beta.Ventures. TaxiTV is an in-ride entertainment system startup founded in October 2017 by Akinbola Asalu, CEO, and Dami Osiyale, COO. The startup provides advertising [...]

July 16, 2018 Technology Business & StartUps

Senator Omo-Agege calls Saraki dictator, carpets Reps

Senator Ovie Omo-Agege, representing the Delta Central Senatorial District, has lambasted the House of Representatives for approving his suspension over alleged involvement in the invasion of the Senate chamber and mace snatching.   The senator, in a statement he personally signed on [...]

July 16, 2018 Government and politics

Argentina sacks Jorge Sampaoli over World Cup performance

Argentina has sacked its coach, Jorge Sampaoli after a disappointing World Cup, in which the South Americans were eliminated in the last 16 by eventual champions, France. The Argentine Football Association (AFA) said this on Sunday. “The Argentine Football Association [...]

July 16, 2018 Sports

Investors lose further by 0.6% as political uncertainties rise

Economic uncertainties and slowdown of market activities have continued to weaken investors’ appetite for equities on the floor of the Nigerian Stock Exchange (NSE) as the All-Share Index and market capitalisation depreciated further by 0.6%. Specifically, at the close of [...]

July 16, 2018 Business

Reps’ panel to meet Obasanjo, Jonathan, Buhari on Abacha loot

An eleven-member ad-hoc committee of the House of Representatives is billed to meet with former President Olusegun Obasanjo to ascertain the actual monies so far recovered from various foreign accounts traceable to the former military ruler, the late Gen. Sani [...]

July 16, 2018 Government and politics

China’s investment in Nigeria’s oil sector to hit $17 billion

China National Offshore Oil Corporation (CNOOC) will increase its venture in the Nigerian oil and gas sector, especially its offshore investments, to about $17 billion. Chief Executive Officer (CEO) of the Beijing-based Corporation, Yuan Guangyu, disclosed this during a visit [...]

July 16, 2018 Economy

NNPC private guards accuse navy of killing two operatives

Topline Security, a private guard firm engaged by the Nigerian National Petroleum Corporation (NNPC) to secure petroleum pipelines along the stretch of Atlas Cove has accused the Nigerian Navy of killing two of her personnel and abducting two others in [...]

July 16, 2018 Power

Two years after, coalition seeks release of detained Bayelsa journalist

The Coalition for Whistleblower Protection and Press Freedom has called on the Federal Government to immediately release the publisher of the Yenagoa, Bayelsa State-based Weekly Source newspaper, Jones Abiri. He was arrested by operatives of the Department of State Services [...]

July 16, 2018 Government and politics

Ambode asks Lagos residents for support, patience over roads construction

Lagos State Governor, Akinwunmi Ambode, yesterday charged Lagos residents to be patient and support the ongoing construction of roads in major routes across the state.His appeal followed slow traffic along and around the routes of the construction works. Speaking while [...]

July 16, 2018 Environmental issues

FG to complete abandoned projects in Ebonyi varsity

The Federal Government has pledged to complete all abandoned federal government funded projects in Alex Ekwueme Federal University Ndufu-Alike, Ebonyi State.President Muhammadu Buhari made this known when he commissioned some ecological projects initiated and completed in the university. Represented by [...]

July 16, 2018 Agriculture

EFCC takes over as court orders forfeiture of Safetower estate

A federal High Court, Lagos has ordered an interim forfeiture of the multi -billion naira Safetowers Estate located at Ikate, Lekki.The project is being promoted by Safetrust Mortgage Bank Limited and Macbosh Properties Limited. Justice Sule Hassan made the order [...]

July 16, 2018 Military