Having stabilized Ghana banking crisis, perpetrators’ll be jailed— President
As Ghana banking sector rebounds following the recent recapitalization drive on commercial and microfinance banks, President Nana Addo Dankwa Akufo-Addo has vowed that those found culpable for the crisis will soon face the full rigors of the law. Opening the…
Why Minister wants CBN to buy up gold off from local producers’
Challenges experienced by indigenous gold miners in securing genuine international markets for their products are now compelling the Minister of Mines and Steel Development, Olamilekan Adegbite, to approach Central Bank of Nigeria (CBN) in buying up the gold off the…
No proven business case for 5G in Nigeria, other SSA—Goodluck
Head of Africa, Global System for Mobile communications Association (GSMA), Barr Akinwale Goodluck, has argued that whereas 5G is a new frontier in the area of telecommunications, which must be welcomed, there is lack of a proven or probable business…
Expect proliferation of Hybrid Computing Models in 2020— Vertiv Experts
As the world charges into 2020, organizations increasingly will forego the enterprise-or-cloud debate that dominated C-level conversations in recent years in favour of hybrid architectures that incorporate public and private cloud models and edge assets around a reconfigured core. This…
Sophos unveils new cyber threat detection, response offering via machine learning
Sophos, a global leader in network and endpoint security, has announced the availability of Sophos Managed Threat Response (MTR), a fully managed threat hunting, detection and response service. The re-sellable service provides organizations with a dedicated 24/7 security team to…
Border closure no longer stops Smuggling of Petrol—Customs cries out
The Nigeria Customs officer and Co-ordinator in-charge of the North central zone, Mr. Mohammed Uba Garba, has lamented the target of ending smuggling of petroleum products across the Nigerian borders using closure of the borders is no more effective. According…
FOU Ikeja impounds contrabands worth over N67million in one week
The Ag. Controller of the Nigeria Customs Service (NCS), Federal Operations Unit Zone ‘A’, Ikeja, Mr Usman Yahaya has continued to live up to his statutory responsibilities especially in the area of anti-smuggling operations A statement made available by the…
End killings, kidnapping, insurgency to save Nigeria from collapse—Labour
Rising from its National Executive Council meeting during the week, the Trade Union Congress (TUC) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have cried out to the Federal Government to urgently address the cases of…
Nnamdi Obiagwu, now Eterna Plc’s COO
Eterna Plc has via a statement released to the Nigerian Stock Exchange (NSE), appointed Nnamdi Obiagwu as Chief Operating Officer (COO) effective 10th January 2020. Obiagwu is a graduate of Mechanical Engineering from the Federal University of Technology, Owerri. He…
FG to seal MoU with Russian firm on completion of Ajaokuta Steel Mill–Minister
The Minister of Mines and Steel Development, Olamilekan Adegbite, has disclosed that a Memorandum of Understanding (MoU) between Russia and Nigeria on the resuscitation of abandoned Ajaokuta Steel Mill before the end of the month. The main target of the…
