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Ikeja Electric Plc has announced the appointment of Mrs Folake Soetan as its Acting Chief Executive Officer.

Folake Soetan appointed Ikeja Electric acting chief

The electricity distribution company made the announcement in a statement signed by its Head of Corporate Communications, Mr Felix Ofulue on Friday in Ikeja.
Barrister Gnene Joi Nunieh

NDDC explains why Joi Nunieh was axed as acting chief

The Niger Delta Development Commission, NDDC, Thursday released the statement below countering claims on why its former Acting Managing Director/CEO, Gbene Dr. Joi Nunieh was removed from the post barely 8 weeks after her appointment.
Singapore, on Tuesday announced its 2020 budget, pledging 5.6 billion Singapore dollars (or 4.02 billion U.S. dollars) to assist businesses and households affected financially by the coronavirus outbreak.

Expert: Coronavirus may cause global recession

Coronavirus and heightening geopolitical and trade tensions can be expected to drive the world to the brink of a global recession this year. Investors must take action sooner rather than later to build and safeguard their wealth.
Bayern Munich head coach Hansi Flick has said that attacking midfielder Philippe Coutinho is trying too hard to impress and ends up making the wrong decision at times as a result.

Hansi Flick: Philippe Coutinho trying too hard, making wrong decisions

Bayern Munich head coach Hansi Flick has said that attacking midfielder Philippe Coutinho is trying too hard to impress and ends up making the wrong decision at times as a result.
The Nigerian Railway Corporation has said its suspended Lagos-Ogun mass transit train service would resume operations on Thursday.

Nigeria to curb sale of tickets at railway stations

The Infrastructure Concession Regulatory Commission, ICRC, Friday, said it has engaged private sector operators to deploy electronic ticketing solution for the Nigerian Railway Corporation, NRC, to cut down on the purchase tickets at train stations.
“Climate change is the biggest threat to our planet,” Jeff Bezos wrote on Instagram on Monday.Credit...Emma Howells for The New York Times

Jeff Bezos pledges $10 billion fund to combat climate change

Amazon CEO Jeff Bezos has pledged $10 billion to a new fund to tackle climate change but activists have urged the world’s richest man to first clean up the e-commerce giant’s own lacklustre environmental record.
Ignace Sossou quoted on his Facebook and Twitter pages comments made by Benin’s public prosecutor Mario Metonou at a media event to discuss fake news on December 17.

Industry chief tells Facebook to adapt to EU

EU industry commissioner Thierry Breton said on Monday it was for Facebook to adapt to Europe’s standards, not the other way round, as he criticized the U.S. social media giant’s proposed internet rules as insufficient.
Apple’s new iPhone 11 is now up for pre-orders in India across Flipkart, Amazon India, and Paytm Mall. Apple’s top-end model iPhone 11 Pro and iPhone 11 Pro Max are also available for pre-booking.

Apple warns revenue will be lower than expected due to coronavirus

In a rare investor update on Monday, Apple said the global effects of the coronavirus outbreak are having have a material impact on the company bottom line. The company does not expect to meet its own revenue guidance for the second quarter due to worldwide iPhone supply being “temporarily” constrained, as well as the impact of store closures in China.
The Standard Organization of Nigeria has presented the Mandatory Conformity Assessment Programme (MANCAP) certification to Innoson Vehicles Manufacturing company.

SON certifies Innoson vehicles, issues MANCAP certificate

The Standard Organization of Nigeria has presented the Mandatory Conformity Assessment Programme (MANCAP) certification to Innoson Vehicles Manufacturing company.
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

Miners welcome South Africa’s plans to open up power generation

South Africa’s announcement that it will open up electricity generation to other players, effectively breaking Eskom’s monopoly, has been welcomed by many, especially the mining industry, a key sector in Africa’s most industrialised economy.
Facebook CEO Mark Zuckerberg (AFP Photo - Getty Images - Win McNamee)

Facebook’s Mark Zuckerberg wants ‘new framework’ for digital tax

Facebook founder and CEO Mark Zuckerberg on Friday backed moves by the OECD group of free-market economies to reform the way online giants are taxed worldwide, even if that means companies like his own paying more to national governments.
A photograph by the state-run newspaper China Daily showing an isolation ward in Wuhan on Thursday. China Daily, via Reuters

Foreign firms lend helping hand to China for coronavirus fight

Foreign firms across diverse industries have lent their support to China’s fight against the novel coronavirus (COVID-19) outbreak through donations and fee reductions.
Zee World

Zee World celebrates five years of airing in Nigeria

Zee World available on DStv channel 166, is celebrating its fifth birthday, a tremendous milestone that has seen the channel grown from strength-to-strength since its launch in February 2015.

Nigeria ready for second peer review process of APRM

The Chief Executive Officer (CEO), African Peer Review Mechanism (APRM) National Secretariat, Princes Gloria Akobundu, has expressed Nigeria’s readiness for the second round of APRM.
Gokada

Okada ban: Gokada sacks employees

Following the Lagos state government’s decision to ban Okada and tricycles in the state from operating on major roads, Lagos-based motorcycle-hailing startup, Gokada, has laid off most of its workforce, leading to mass unemployment.
The Lagos State governor, Babajide Sanwo-Olu, on Friday commissioned a multibillion dollars investment project in Alaro City, Lekki Free Trade Zone.

Lagos governor commissions therapeutic food factory in Lekki Free Zone

The Lagos State governor, Babajide Sanwo-Olu, on Friday commissioned a multibillion dollars investment project in Alaro City, Lekki Free Trade Zone.
United Nations UN

UN hacked in apparent espionage operation – report

Sophisticated hackers infiltrated UN offices in Geneva and Vienna last year in an apparent espionage operation and their identity and the extent of the data they obtained is not clear.
UBA - United Bank for Africa

UBA announces board appointments

The United Bank for Africa (UBA) Plc has announced the appointments of Aisha Hassan-Baba and Kenneth Orji as Non-Executive Directors on the Group’s Board.

Recent Stories

Jamal Lewis is mobbed by his Norwich teammates – and substitutes – after scoring his first Premier League goal to cut down Leicester. JASONPIX-Shutterstock

Norwich secure crucial 1-0 win against Leicester

Norwich boosted their bid for Premier League survival as Jamal Lewis fired the bottom club to a crucial 1-0 win over third-placed Leicester on Friday.
The Minister of Information and Culture, Lai Mohammed, said in terms of business opportunities, employment and earnings, the entertainment industry is an unexplored keg of potentialities.

Coronavirus: Don’t fall for fake news – minister

The Federal Government is asking Nigerians not to fall for the antics of purveyors of fakes news and disinformation on social media over the new case of Coronavirus recorded in the country.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Enugu council poll: Police announce restriction of movement

Police Command in Enugu State has announced the restriction of human and vehicular movements in the state on Saturday, Feb. 29, for Local Government Elections.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Coronavirus: Nigeria urged to suspend flights from affected countries

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) in the 2019 elections, says it is time the federal government suspends flights from countries that have been affected by the coronavirus.
Kola Ologbondiyan, PDP publicity secretary

Coronavirus: Nigerians should hold President Buhari responsible – PDP

The Peoples Democratic Party, PDP, on Friday, urged Nigerians to hold President Muhammadu Buhari responsible if Coronavirus leads to any major calamity in Nigeria.