Konga set to overrun Africa e-commerce market, appoints ex-Nokia VP, Imudia, as CEO
Nick Imudia, a Finland-based Nigerian and former Vice President of Nokia has been appointed Chief Executive Officer (CEO) by the board of Konga, Nigeria’s leading e-commerce giant. Imudia replaces former…
FAAC concludes meeting, shares N647bn to FG, States, LGs for March 2018
The Federation Accounts and Allocation Committee meeting which was declared inconclusive Tuesday, was today concluded and revenue figures presented by the AGF was adopted and shared among the three tiers…
Buhari shocks APC leaders, says no tenure extension for Exco members
President Muhammadu Buhari on Tuesday shocked members of the National Executive Committee (NEC) of his party when he called for the cancellation of tenure extension for party officials. He disclosed…
How I was abused several times as a child – Ifu Enada, BBNaija ex-housemate
Ex- house mate of BigBrotherNaija Double Wahala, Ifu Ennada, has told a pathetic and moving story of her family background, revealing that her family had to relocate to the village…
Spanish police burst Nigerian sex trafficking gang, popular Nigerian DJ, 88 others arrested
Spanish police have rescued 39 women and girls smuggled in from Nigeria and trafficked into sex work by a notorious Nigerian gang. Europol says the victims were kept in “squalid…
Africa free trade zone: I stayed away to protect Nigeria economy, Buhari explains
Nigeria, Africa’s biggest economy, signaled its opposition to a continental free trade zone, saying it would defend its own businesses and industry. The $3 trillion continental free-trade zone encompassing 1.2…
Update: Released Dapchi school girls now 101 – FG
March 21, 2018 The Federal Government says the number of Dapchi schoolgirls released on Wednesday has increased from 76 to 101, following the documentation of more of the freed girls…
Jitters in Nigeria as Swiss Govt blocks bank accounts over Malabu oil bribery case
The Office of the Attorney General of Switzerland (OAG) has blocked various bank accounts in Switzerland regarding an alleged oil bribery scheme linked to Nigeria. Executives from oil giants Shell…
Milost to invest $1bn in Nigerian bank, may acquire 30% stake
Milost Global Inc. is looking to inject as much as $1 billion to recapitalize Nigeria’s Unity Bank Plc, which is struggling to build buffers after a slowdown in Africa’s biggest…
Shocking! Nigeria To Lose $2bn Investments, 1000MW Solar Power Projects As Finance Minister Cancels Power Purchase Agreements
Investors in Nigeria’s power sector are threatening to quit Nigeria with over 1000MW projects at stake as the Federal Government backed out of the Power Purchase Agreement (PPA) contracts signed…