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Nokia doubles profit, pledges to win at 5G

Finnish telecoms equipment maker Nokia more than doubled its profits in the third quarter as its new chief executive promised on Thursday to do “whatever it takes” to become the 5G market leader.
The front gate of SMIC's factory in Shanghai. (Alex Plavevski-EPA-EFE-Shutterstock)

US slams sanctions on China’s biggest chip manufacturer

The US has imposed restrictions on exports to China’s biggest chipmaker, SMIC, after concluding there is an “unacceptable risk” equipment supplied to it could be used for military purposes.
Electricity pylons are seen along the cooling tower of the defunct Orlando Power Station in Soweto, South Africa, June 28, 2018. REUTERS-Siphiwe Sibeko

Ex-President Jonathan’s administration created problem in power sector – minister

The Federal Government has said that the administration of former President Goodluck Jonathan created the problem in the power sector by selling the power generating and distributing companies to incompetent investors.
The Minister of Power, Mr. Sale Mamman, who disclosed this in series of tweets via his official Twitter handle, explained that the Siemens deal would expand Nigeria’s power grid capacity to 25,000 megawatts.

Nigerian government justifies choice of Siemens for power grid expansion

The federal government yesterday defended the choice of German firm, Siemens AG, for its 25,000 megawatts grid expansion, saying the German firm was chosen to expand Nigeria’s power grid because the company was best qualified to rehabilitate the dilapidated electricity infrastructure in Nigeria.
Microsoft describes the Series S as offering “next-gen performance in the smallest Xbox ever” and lists the price as the previously leaked figure of $299.

Microsoft confirms $299 Xbox Series S console

Hours after Microsoft’s Xbox Series S console widely leaked, the company has gone on the record to confirm its existence. In a tweet, Microsoft describes the Series S as offering “next-gen performance in the smallest Xbox ever” and lists the price as the previously leaked figure of $299.
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.

Oil prices hold near multi-week lows on demand worries

Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19 pandemic was lagging.
The Minister of Power, Mr Saleh Mamman, has assured Nigerians that effective metering will tackle the challenges of liquidity and energy theft in the power sector.

Nigerian government proposes $6.15 billion on power sector reform – minister

The Nigerian government has so far obtained funding in the sum of $6.15 billion (around N2.37 trillion) for the power industry and is currently reforming the sector with it, Sale Mamman, the Minister of Power said on Tuesday.
Mr Adeniyi Adebayo, the Minister of Industry, Trade and Investment, says the Federal Government has initiated a process to revive the collapsed industries in Kano State.

Nigerian government to revive collapsed industries in Kano – minister

Mr Otumba Adeniyi, the Minister of Industry, Trade and Investment, says the Federal Government has initiated a process to revive the collapsed industries in Kano State.
Charles Oputa, popularly known as Charlyboy

Charly Boy berates Nigerian Youths for choosing #BBNaija over national issues

The entertainer in a post via his Instagram account on Monday said Nigerian youths rarely pay attention to important issues that have to do with politics and things that are important to the society but instead give so much attention to the Big Brother Naija reality show which does not affect the polity or economy.
President Muhammadu Buhari on Wednesday led other members of the Federal Executive Council to observe a minute silence in honour of the late father of the Kwara State, Abdulganiyu Abdulrasaq, who died last week.

FEC approves 15.21 million Euro, N1.708 billion counterpart funding for Siemens power deal

The Federal Executive Council, FEC, yesterday ratified the President’s anticipatory approval for the release of 15.21 million Euros offshore and N1.708 billion onshore counterpart funding for the power deal with Siemens AG, signed by the Nigerian and German governments last year.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2

House of Reps: GENCOs, DISCOs have failed Nigerians

The House of Representatives declared yesterday that Power Generating Companies, GENCOs, and Distribution Companies, DISCOs, have failed, saying they have disappointed the citizenry.
Abba Kyari, the late Chief of Staff, The Presidency

Now that Abba Kyari is dead

On January 18, 2020, when I first read of the new coronavirus on the BBC website, my heart missed a beat because of what China means to the world. The headline was: “New virus in China ‘will have infected hundreds’.”
The Minister of Power, Mr Saleh Mamman, has assured Nigerians that effective metering will tackle the challenges of liquidity and energy theft in the power sector.

Minister: Why we suspended electricity tariff hike

The Minister of Power, Engr. Saleh Mamman, has explained that the suspension of take-off of the new electricity tariff hike till next three months was in line with President Muhammadu Buhari’s announcement of March 29 granting a moratorium for certain Federal Government’s funded facilities to the Nigerian public.
People walk inside the Yaba Mainland hospital compound where Covid-19 patients are being treated in Lagos, Nigeria, in February. AP

Six more patients recover from coronavirus in Nigeria

Nigeria is set to release six coronavirus patients after they fully recovered from the infection. All six persons are in Lagos State, the hardest hit by the disease. It will bring to eight the total number of recoveries.
The Management of the Nigerian Electricity Regulatory Commission (NERC), said on Thursday that its Chairman, Prof. James Momoh, had tested negative for the Covid-19 virus.

NERC chief tests negative for coronavirus

The Management of the Nigerian Electricity Regulatory Commission (NERC), said on Thursday that its Chairman, Prof. James Momoh, had tested negative for the Covid-19 virus.

Abba Kyari tests positive for virus after Germany trip

Abba Kyari, chief of staff to President Muhammadu Buhari, has tested positive for the coronavirus days after returning from an official trip to Germany.

Report: Nigerian president’s chief of staff tests positive for coronavirus

President Muhammadu Buhari has tested negative for Coronavirus (COVID-19), but his Chief of Staff, Abba Kyari, has tested positive, THISDAY is reporting.
The Minister of Power, Mr Saleh Mamman, has assured Nigerians that effective metering will tackle the challenges of liquidity and energy theft in the power sector.

Nigeria can’t continue to subsidise power – minister

It called on Distribution Companies in the country to improve on their financial and technical capacity to deliver or the government would intervene more directly to find solutions to darkness.

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Chinese-troops

Indian and Chinese troops in new border brawl

Indian and Chinese troops have fought a new brawl on their contested Himalayan border, leaving injuries on both sides, military officials said Monday.
Speaking at the inauguration of a 969-metre `Rebisi’ dual carriage flyover in Port Harcourt, on Saturday, Minister of Works and Housing, by Mr Babatunde Fashola, who made the pronouncement also said that the Federal Government “is not in competition with any state’’ of the federation over project implementation.

Minister: Nigerian government executing 43 road projects in tertiary institutions

The Minister of Works and Housing, Mr Babatunde Fashola, has stated that his ministry was currently executing 43 road projects within tertiary institutions across the country with a view to enhancing the learning environment.
Chelsea manager, Frank Lampard, was quick to defend Kepa Arrizabalaga after Sunday’s 3-1 win over Luton Town in the FA Cup.

Frank Lampard defends Kepa Arrizabalaga after Luton mistake

Chelsea manager, Frank Lampard, was quick to defend Kepa Arrizabalaga after Sunday’s 3-1 win over Luton Town in the FA Cup.
The Miyetti Allah has called for the arrest of Chief Sunday Adeyemo popularly known as Sunday Igboho for the alleged assault on the Seriki Fulani of Oyo state, Alhaji Saliu Abdulkadir.

NCFront cautions IGP against arresting Sunday Igboho

Disturbed by the rising tension in the South-west region over the arrest order issued on a Yoruba activist, Sunday Adeyemo Igboho, by the Inspector General of Police (IG), Mohammed Adamu, the Secretary of the National Consultative Front (NCFront), Olawale Okunniyi, has cautioned the police chief not to further exacerbate the building tension in the Southwest by arresting the Yoruba activist.
The Nigeria Centre for Disease Control recorded 1,617 new cases of the CoronaVirus Disease (COVID-19) in the country. Nigeria records 1,617 new COVID-19 infections, 14 more deaths.

NCDC records 964 new coronavirus infections

The Nigeria Centre for Disease Control (NCDC) has confirmed 964 cases of the Coronavirus (COVID-19), taking the tally of infections in the country to 121,566.