SEOUL -- Samsung Electronics' Galaxy S10 5G on Friday became the world's first commercially available smartphone with inbuilt fifth-generation technology as South Korea switched on its 5G network, but there seemed to be little consumer enthusiasm for the experience in the capital city of Seoul.

Continue Reading "Breaking; South Korea's Galaxy S10 5G offers high-tech but some difficult experience."

Speaking on ‘Insights on Future Exploration Hotspots: Opportunities for Africa’s Oil & Gas Industry, at the 2019 International Petroleum Week conference in London, Baru urged investors to invest in Nigeria through the opportunities.The projects are specifically in the areas of exploration and production, particularly the frontier oil basins, where the group recently flagged off drilling activity.

Continue Reading " ECONOMY;Nigeria showcases $48 billion upcoming oil, gas projects to investors"

Businessmen in Nigeria can heave a sigh of relief as the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 14% to 13.5%, the first reduction since 2016.

Continue Reading "Breaking; CBN crashes Monetary Policy Rate to 13.5%"

The European Parliament has backed controversial copyright laws critics say could change the nature of the net.
The new rules include holding technology companies responsible for material posted without proper copyright permission.

Continue Reading "Breaking: EU backs controversial copyright law "

Some Nigerians have reacted to the recent approval of the new minimum wage bill. On Tuesday, We broke the news that the Nigerian Senate had given approval for N30,0000 as the new national minimum wage.

Continue Reading "Breaking; N30,000 minimum wage' Nothing To Write Home About- Nigerians React."

Nigeria’s anti-graft agency Economic and Financial Crimes Commission on Saturday arrested an agent of the All Progressives Congress (APC) in Benue State with millions of naira.

Continue Reading "Governorship Election; Anti Graft Agency arrests APC governorship candidate agents with millions of crispy Cash."

The Economic and Financial Crimes Commission (EFCC) has arrested the acting Accountant General of Imo State, Mr. Uzoho Casmir, on suspicion of laundering the sum of N1.050billion through a new generation bank for the governor of the state, Rochas Okorocha. An EFCC source who revealed the story said Uzoho’s arrest followed intelligence report that the governor intended to use the money for vote buying in favour of a particular candidate in the governorship election.

Continue Reading "Breaking; EFCC Nabs Accountant General Of Imo state Over N1bn Money Laundering "

More revelations have continued to emerge from the Economic and Financial Crimes Commission (EFCC)’s investigation into alleged money laundering involving Atiku Abubakar’s lawyer, Uyiekpen Osagie-Giwa, and the ex-Vice-President’s  son-in-law, Abdullahi Babalele.

Bureau de change operators and other suspects being interrogated for the laundering of €150m have disclosed to the anti-graft agency how Osagie-Giwa and Babalele used an offshore firm, Intels West Africa,  and many other shell companies to launder millions of dollars.

There are indications that Osagie-Giwa  and Babalele, who have been arrested by the EFCC, allegedly attempted to  use  money  to induce  voters  to vote  Atiku, who represented  the Peoples Democratic Party (PDP)  in the February 23  presidential poll.

Continue Reading "breaking; EFCC Accuses Atiku’s lawyer, son-in-law of laundering €150m using offshore Intels west africa."