The naira is one of the world’s four worst performing currencies in 2016, according to a report by Bloomberg LP. The naira was said to have lost 36.68 per cent of its spot returns for the year, while the Egyptian pound, Suriname dollar and Venezuela bolivar’s currency spot returns dropped by 58.84 per cent, 46.68 […]
Read More
Apple’s list of the 10 most downloaded free apps of 2016 is a great place to start if you just got a new iPhone or iPad, and want to make sure you’ve got the apps all your friends probably already have. One note — Apple published its list in early December, so the smash hit […]
Read More
Samsung SDI, a battery supplier for Samsung Electronics, said on Thursday it expects the two companies to announce late this year the results of their probe into the cause of fires in some of the Galaxy Note 7 smartphones. Analysts said Samsung SDI supplied about 60 percent of the batteries for the Note 7, which […]
Read More
In 2 hours 16 minutes 21 seconds, Athlete 341 – Abraham Kiptom of Kenya crossed the finish line. Presentation of $50, 000 to the 1st Prize Winner of the Lagos City Marathon, Abraham Kiptom from Kenya on 6/2/2016 pic.twitter.com/Ap2zYgoxWJ — Akinwunmi Ambode (@AkinwunmiAmbode) February 6, 2016 The 1st 3 Nigerians to complete the #AccessLagosCityMarathon are […]
Read More
MARKET watchdog International Data Corporation (IDC) in its latest report has revealed that the Internet user-base will cross 3.2 billion — 44% of the global population — in 2016. The research study also claimed close to 2 billion users will access Internet through mobile devices. Emerging markets such as China and India, which already host a […]
Read More
The Lagos State Governor, Mr. Akinwunmi Ambode, on Friday gave an assurance to residents that his administration would provide more opportunities for youths in 2016 with its N25bn Employment Trust Fund. Ambode, who gave the assurance in his first New Year broadcast to Lagosians, said he was optimistic that 2016 would be a groundbreaking year […]
Read More
The growth prospects of the nation’s power sector, whose privatisation recently entered its third year, may be dampened this year as funding challenge continues to hamper investors’ interests. Many of the private investors, who took over the distribution and generation companies unbundled from the defunct Power Holding Company of Nigeria in November 2013, currently have […]
Read More
President Muhammadu Buhari on Thursday said the challenges facing the nation are temporary and will soon fizzle out. He made the remark in his New Year message to the nation. The President also said he was not unaware of the sufferings Nigerians are presently going through. He assured that he will not fail to keep […]
Read More
Edo State Governor, Adams Oshiomhole, on Wednesday said the Year 2016 will be tough going by the crisis in the economy triggered by a sharp decline in the national revenue by more than 55 per cent. He, however, expressed optimism that his government will finish strong despite the negative economic indicators. Speaking during a meeting […]
Read More
