Osinbajo lists new financing models for Africa to bridge development gaps
Acting President Yemi Osinbajo, SAN, has advocated a new paradigm in financing infrastructure projects in Africa in order to close the huge infrastructure gap on the continent. He stated this…
Deadly global computer virus, Ransomware, linked to North Korea
North Korea-linked Lazarus Group may be behind global cyber-attack that has affected thousands of computers and disrupted hospitals, schools and assembly plants in some countries. This is according to Cyber…
NNPC to resume oil prospecting in Lake Chad Basin
The Nigerian National Petroleum Corporation (NNPC) says it will resume oil prospecting in the Lake Chad Basin of Borno state. The Group Managing Director of NNPC, Dr Maikanti Baru, made…
Ransomware: Microsoft blames US government; virus cripples computers in over 150 countries
Microsoft warned governments Sunday against storing computer vulnerabilities like the leaked one at the heart of the cyberattack that has crippled computers in more than 150 countries, partly laying blame…
Victor Moses wins again, named Opera Ambassador
Opera (www.Opera.com) has named Victor Moses, the Nigeria international and Chelsea player as brand ambassador of Opera Mini, the most popular browser in Africa. The partnership will kick off today,…
Ransomware virus: NCC warns operators, consumers; lists precautions
The Nigerian Communications Commission (NCC) in fulfilment of its statutory mandate to assure the security and integrity of the national telecommunications network wishes to alert all operators and their respective…
Court orders Skye Bank to take over Intercontinental Hotel over debt
A Federal High Court in Lagos has ordered Skye Bank Plc to take over a five-star hotel, Intercontinental Hotel, located at Plot 244 and 245 (now 52) Kofo Abayomi Street,…
Forex squeeze worries Microfinance institutions, association cries out to CBN
Microfinance institutions in Nigeria are bemoaning the current economic recession and the lingering unstable or unpredictable foreign exchange trend in the country as a great danger and huge obstacle to…
Yudala gets new CEO: He’s Wole Ogundare
Yudala, Nigeria’s fastest growing composite e-commerce outfit, has announced the strategic appointment of Mr. Wole Ogundare as Chief Executive Officer. The appointment takes effect from May 1st 2017. Wole Ogundare’s…
Bharti Airtel revenue slumps in India, Africa; mobile data revenue declines by 14.7 %
Bharti Airtel reported continued weakness in its fiscal Q4 ending 31 March, with its profit falling sharply and mobile revenue in its key Indian and African markets dropping by double-digit…