Uber has received a fine of $8.9 million for allowing employees with serious criminal or motor vehicle offenses to work for the company as drivers. The Colorado Public Utilities Commission said it launched an investigation into the ride-hailing service in March after an…
The Nigerian National Petroleum Corporation (NNPC) has so far completed, commissioned and delivered 500km of gas pipelines between 2010 to date as part of an aggressive expansion of gas pipeline infrastructure across the country. Group Managing Director of the NNPC,…
The Central Bank of Nigeria (CBN) backed the Federal Government’s external borrowing plan, decision by the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria on Tuesday in Abuja. It also said nothing short of 6 percent annual…
Robert Mugabe, the world’s oldest ruler, resigned as Zimbabwe’s president on Tuesday. His resignation signalled the final end of his decades in power after last week’s military bloodless coup. The 93-year-old despot wrote a letter saying he was quitting “with…
The Federal Government of Nigeria on Monday announced that it has priced its offering of $3 billion aggregate principal amount of dual series notes under its $4.5 billion Global Medium Term Note programme (increased from US$1.5 billion). The Notes comprise…
Iranian President Hassan Rouhani on Tuesday declared the end of Islamic State as a senior military commander thanked the “thousands of martyrs” killed in operations organized by Iran to defeat the militant group in Syria and Iraq. “Today with God’s…
he Central Bank of Nigeria (CBN) said it has sold $210 million at the Foreign Exchange Market (Forex) as the Acting Director, Corporate Communications at the CBN, Mr. Isaac Okorafor, who confirmed this yesterday, said the bank offered $100 million to the wholesale segment, while the SMEs segment received $55 million.
Global oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though rising U.S. output capped gains. According to Reuters, Brent crude oil LCOc1 was up…
The Nigerian Senate has rescheduled its planned debate on the proposed 2018 budget submitted by President Muhammadu Buhari till November 28. The debate was scheduled to hold on Wednesday and Thursday this week. Senate President Bukola Saraki announced this at…
Speaking about his experience at JAMB, he said: If I can think of any major challenge, I think it is the issue of trust. Many people do not know the value of trust. Many people they make promise that they do not intend to keep.
