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Alibaba accepts record fine, vows to change

Chinese tech giant Alibaba said on Monday that it accepted a record penalty imposed by the country’s anti-monopoly regulator.
The Minister of Agriculture and Rural Development, Sabo Nanono, made this known in a statement signed by the Director of Information of the ministry, Mr Theodore Ogaziechi, on Sunday in Abuja.

Minister: Nigeria generated $150 million from coconut oil in 2020

Minister of Agriculture and Rural Development, Sabo Nanono, says Nigeria generated 150 million dollars from the export of coconut oil and its derivatives in 2020.

Nokia, Lenovo conclude patent deal, settles litigation

Finnish telecom equipment maker, Nokia Corp., said on Wednesday it had concluded a multi-year multi-technology patent cross-license agreement with Chinese personal computer and mobile maker Lenovo Group Ltd.
3. President Muhammadu Buhari yesterday canvassed the need for Nigeria to remain as an indivisible entity despite its diversity, saying that way, it will be a better and stronger nation.

President Buhari seeks ICAN’s support to improve nation’s fiscal condition

President Muhammadu Buhari has urged members of the Institute of Chartered Accountants of Nigeria (ICAN) to buy into current reforms undertaken by his administration and provide support in the area of policy formulation with a view to improving the nation’s fiscal condition.
Africa Development Bank (AfDB) is planning to invest $10 billion for the expansion of renewable energy projects in the continent, over the next five years.

Nigerian government activates N240 billion AfDB facility for tech, creative sectors

In an unprecedented move to spur the entertainment, creativity and technology sectors in the country, the Buhari administration has now commenced the process that will pump the sectors with over 200B Nigeria in financing and investment set to take off by the end of the year.
Smile Telecoms

Smile Telecoms gets restructuring plan

Smile Telecoms Holdings Limited, a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, has announced that its RP (Restructuring Plan) has been approved and agreed with the lenders.
Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, disclosed this in a statement in Abuja.

Presidency: Nigeria, AfDB setting up $500 million fund for tech, creative sectors

In a move to spur the entertainment, creative, and technology sectors in the country, the Buhari administration has commenced a process that will provide the sectors with about N240 billion in financing and investment set to take off by the end of the year.
Mr Mohammed Abdullahi, the Minister of State, Ministry of Science and Technology said this on Thursday at the ongoing three-day capacity building workshop on STI Policy Design and Review Processes- Recent Advances and Methodologies in Abuja.

Minister: How Nigeria can develop sophisticated technologies

The Minister of State for Science and Technology, Alhaji Mohammed Abdullahi, has said that the strides the ministry had made as a result of the National Leather Products Policy was helping to boost the country’s economy.

Zulumnomics, civil service and Nigeria’s economic revival

Nigeria is a country where there is a chasm between the leaders and the led. The distrust of the ordinary Nigerian for political office holders is such that most Nigerians celebrate when their leaders encounter tragic situations. If the governor takes ill in some states, a substantial proportion of the electorate would wish death on their state’s chief executive.
The President and Chairman of the Council of Computer Professionals (Registration Council of Nigeria), Professor Charles Uwadia, has disclosed that digital technologies have proven to be efficient in sustaining social and economic developments.

CPN president: Digital technologies efficient in sustaining social, economic development

The President and Chairman of the Council of Computer Professionals (Registration Council of Nigeria), Professor Charles Uwadia, has disclosed that digital technologies have proven to be efficient in sustaining social and economic developments.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Revisiting CBN ban on cryptocurrency transactions

On February 5, the Central Bank of Nigeria (CBN) released a circular addressed to banks and other financial institutions with the directive that transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges were prohibited.
Nigerian National Petroleum Corporation (NNPC)

NNPC eyes $8.7 billion investments from rehabilitation of refineries, pipelines

The Nigerian National Petroleum Corporation (NNPC) expects an investment of about $8.7 billion to flow in during the rehabilitation of the Warri Refinery and Petrochemical Company (WRPC), the Kaduna Refinery and Petrochemical Company (KRPC), as well as the revamping of some of its 5,000-kilometre pipelines throughout the country.

INEC: NIN not mandatory for voter’s registration

The Independent National Electoral Commission (INEC) has dismissed speculations that the National Identity Number (NIN) was a prerequisite for registration by prospective voters, saying it was only one of the means of identification provided for, under Section 10 Sub-Section 2 of the Electoral Act.

Dangote fertiliser to train South East farmers

Dangote Fertiliser has promised to train farmers in the South East geopolitical zone on better ways of farming to ensure bumper yields.
Smile Nigeria, an internet service provider, has asked anyone who visited its Abuja regional office in the last five days to self-isolate themselves.

Internet provider reschedules debt repayment; injects $51 million

Smile Telecoms Holdings Ltd., a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania, and the Democratic Republic of the Congo, announced Wednesday, that its debt restructuring plan has been approved and agreed with the lenders.
Babajide Olusola Sanwo-Olu (born June 25, 1965) is a Nigerian politician and the current Governor of Lagos State.

Lagos launches LMS e-portal for workers’ training

Lagos State Government has launched the Learning Management System (LMS), an e-portal for the training of civil servants for effective service delivery.
Governor Atiku Bagudu of Kebbi State 2

Kebbi governor urges Nigerians to be patriotic in using social media

Governor Atiku Bagudu of Kebbi, on Wednesday urged Nigerians not to use the social media to bring down the country, but always promote the dignity of the nation before the international community.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

President Buhari, Timi Sylva, Sanusi Barkindo tip gas as economic growth driver

President Muhammadu Buhari; Minister of State, Petroleum Resources, Chief Timipre Sylva; and the Secretary-General, Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, yesterday underscored the need to drive the country’s economic development by tapping Nigeria’s enormous gas resources.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in joint venture oil assets.

Minister: President Buhari possesses will to transform Nigeria to gas nation

Chief Timipre Sylva, Minister of State for Petroleum Resources, says that President Muhammadu Buhari has the political will to ensure that Nigeria becomes a gas nation with its huge deposit of gas.
Hon Justice Monica Bolna’an Dongban-Mensem is currently the Presiding Justice of the Court of Appeal, Enugu Division, Nigeria and Life Member of Body of Benchers.

Appeal court kick-starts alternative dispute resolution system

The President of the Court of Appeal, Justice Monica Dongban-Mensem, at the official take-off of the system in Abuja, urged the judiciary to rise up and meet the challenges of adjudication in the 21st century.
Hon Justice Monica Bolna’an Dongban-Mensem is currently the Presiding Justice of the Court of Appeal, Enugu Division, Nigeria and Life Member of Body of Benchers.

Appeal court president conducts maiden mediation appeals

President of the Court of Appeal, Hon. Justice Monica Bolna’an Dongban Mensem, on Monday, conducted the inaugural session of the appellate court’s first mediation appeals.
Dr. Timi Olubiyi, an Entrepreneurship & Business Management expert with a Ph.D. in Business Administration from Babcock University Nigeria.

Sachet economy: Is it a problem, a solution, or both?

History have it that “sachetisation” is not something that just began in Nigeria of Africa. The ‘sachetised’ products have long been part of Indian culture, which is believed to have pioneered the bite-sizing of consumers' products and commodities some 70 years ago, beginning with tea, of course, in small paper pouches tucking precious leaves just enough to make tea for two.

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Former Green Eagles goalkeeper, Emmanuel Okalla, has commended Youth and Sports Development Minister Mr Sunday Dare for his commitment to the welfare of Ex-players and athletes.

Tokyo Olympics: Minister confident Nigeria will return to track and field podium

Youth and Sports Development Minister Sunday Dare is confident Nigeria’s 13 year wait for a track and field medal at the Olympics will end this year at the Tokyo Games.
Former singer, Innocent Udeme Udofot, more popularly known as MC Galaxy is living his dreams. After years of churning out hit singles the ‘Sekem’ dance originator seems to have dumped music for good, having not released any song for a while now.

MC Galaxy dumps music for food business

Former singer, Innocent Udeme Udofot, more popularly known as MC Galaxy is living his dreams. After years of churning out hit singles the ‘Sekem’ dance originator seems to have dumped music for good, having not released any song for a while now. Instead he has concentrated on fulfilling his dream of owning an indigenous eatery with specialty in local cuisines.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police: Ritualist kill food vendor, cut off her hands, head in Osun

The Police are on the trail of a a suspected ritualist who killed and cut off the head and hands of a female food vendor in Ile-Ife, Osun State on Saturday.
When the Lagos State Court of Appeal granted the Senior Shepherd-in-Charge of the Celestial Church of Christ, Genesis Global, Prophet Israel Oladele Ogundipe, a post-conviction bail last week, on grounds of failing health, quite a number of people, particularly members of his congregation, were very happy with the news. This is because the televangelist’s previous bail applications were all turned down.

How love affair gone bad led to imprisonment of Prophet Israel Oladele

When the Lagos State Court of Appeal granted the Senior Shepherd-in-Charge of the Celestial Church of Christ, Genesis Global, Prophet Israel Oladele Ogundipe, a post-conviction bail last week, on grounds of failing health, quite a number of people, particularly members of his congregation, were very happy with the news. This is because the televangelist’s previous bail applications were all turned down.
A demonstrator confronts police after an officer fatally shot Daunte Wright in Brooklyn Center, Minn. (Joshua Lott/The Washington Post)

Police shooting of black man in Minneapolis sparks fresh protests

Protests broke out Sunday night after US police fatally shot a young Black man in a suburb of Minneapolis — where a former police officer is currently on trial for the murder of George Floyd.

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FILE PHOTO - Anti-coup protesters burn a Chinese flag in Yangon, Myanmar April 5, 2021. REUTERS-Stringer

China in touch with ‘all parties’ in Myanmar – embassy

China’s embassy in Yangon said on Friday it had been in touch with “all parties” in military-ruled Myanmar, when asked about a report that a diplomat had spoken to a parallel government representing Aung San Suu Kyi’s ousted administration.
Commissioner of Police (CP) in Lagos State, Hakeem Odumosu has urged residents not to panic over reported plans by criminals to unleash violent attacks during this festive period.

Lagos police chief warns against jungle justice

The Commissioner of Police, Lagos State, CP Hakeem Odumosun, has warned against the act of jungle justice frequently unleashed on some suspects in the state.
Nigerians must come together and reject the agents of anarchy seeking to cause chaos for their own selfish interests, Vice President Yemi Osinbajo declared in Imo.

VP Osinbajo: We must reject agents of anarchy

Nigerians must come together and reject the agents of anarchy seeking to cause chaos for their own selfish interests, Vice President Yemi Osinbajo declared in Imo.
FILE PHOTO - Pope Francis listens to Philippine Cardinal Luis Antonio Tagle (not pictured) during a mass to mark 500 years of Christianity in the Philippines, in St. Peter's Basilica at the Vatican, March 14, 2021. Tiziana Fabi-Pool via REUTERS

Pope urges IMF, World Bank to cut poor nations’ debts

Pope Francis yesterday urged the International Monetary Fund (IMF) and the World Bank to cut the debt burden of poor countries hit by the economic impact of the COVID-19 pandemic and give their governments a greater say in global-decision-making.

Woman seeks to enforce judgment on daughter’s adoption

Spanish-Based Nigerian woman, Mrs Omozele Osaghale, has called on Nigerian government to assist in ensuring that the judgment of Spanish Supreme Court, which nullified the unlawful adoption of her daughter, is enforced.