CBN Devalues Naira

With the dwindling oil prices around the world, devaluation of Naira has to be done coupled with the facts that Nigeria’s foreign reserve has dropped drastically. Indications had shown that Central Bank governor Godwin Emiefule was going to devalue the Naira in order to save the economy and this has been done. According to reports… Read More »

FG Bans Mobile Phones Use in Prisons

Apparently in response to the recent spate of prison breaks in the Nigerian prison service the Federal government has ordered a ban on use of mobile phones across all prisons in the country. Minister of Interior, Comrade Abba Moro, who announced this also urged prison officials to create a meeting platform where those who work… Read More »

Nigerian Communications Commission Shut Down Owntel Communications for Operating without License

The Nigerian Communications Commission (NCC) has clamped down on Owntel Communications for allegedly offering telecommunications services to customers, without obtaining requisite operational licence to do so. Salisu Abdul, head of enforcement, who led the NCC enforcement team, visited the office of Owntel on Isheri Road in Ojodu, Lagos, where it confiscated some of its equipment… Read More »

9ice Rides Horse to Submit Nomination Form

Abolore Akande (popularly known as 9ice) who climbed into music limelight on his Gongo Aso track has taken his new political ambition to another publicity stunt level. The House of Representative hopeful on the platform of All Progressive Congress reportedly rode on a horse to submit his nomination form at the party secretariat. 9ice is… Read More »

350,000 New Jobs Created in Nigeria in Q3, 2014 – National Bureau of Statistics (NBS)

The National Bureau of Statistics has released the latest figures on job creation in the Nigerian economy for the third quarter of 2014. According to the numbers released a total of 349,343 jobs were created in the 3rd quarter of 2014 as against 259,353 jobs created in the second quarter of 2014. This marked an… Read More »

Nigeria to Cut Petrol Subsidy by Half in 2015

Reuters reports that as a result of the sharp falls in global crude prices the Federal government is planning to revise its 2015 budget downwards and cut subsidies on petroleum products by up to 50% next year. President Goodluck Jonathan submitted the revised budget figures to legislators last week, proposing to spend 458.68 billion naira… Read More »

October 1 Movies Wins Best Feature Film Award at the Africa International Film Festival (AFRIFF)

The well received October 1 movie produced by Kunle Afoloyan has been adjudged the best feature film of the 2014 edition of the Africa International Film Festival (AFRIFF) which held in Calabar, Cross River State between November 9 and 16, 2014. The movie, starring Sadiq Daba in the lead role of Inspector Waziri, was voted… Read More »

A Technology Company Drags DBanj to Court over $240,000 Debt

A technology company by the name of Mindhub Technologies has sued Nigerian musician Dbanj to court over sums of money alledgedly owed it by the artist. Mindhub technologies say the musician owes them $240,000 and another N15 million in unpaid debts and had received dud post dated cheques from Dbanj. According to Mindhub after attempts… Read More »

Your Electricity Bill will increase by December 2014 – NERC

According to reports from Punch Newspapers, The Nigerian Electricity Regulatory Commission has stated that Nigerians will pay more for electricity starting from December 1, 2014 when the new price of gas for generating power takes effect. The Federal Ministry of Petroleum Resources in collaboration with NERC has agreed to a gas price of $2.5/mmbtu and… Read More »

Whatsapp Just Changed the Game; Husband Divorces Wife for Reading and Ignoring His Messages on Whatsapp

If you use Whatsapp you may have noticed that the messaging app recently introduced a new feature that shows when your message is read by the person you sent it to. This new feature has since raised dust on social media as various people lamented the fact that they could no longer ignore a contact’s… Read More »

Google Contributor a new service to help publishers make money without ads

Some people hate seeing ads and go to extent of installing adblockers on their browsers. Google understands that publishers of content are the life line of the Internet, as such they are introducing Google Contributor, a way for users/visitors to crowdfund the running of their favourite websites and in return stop seeing ads whenever they… Read More »

4 Financial Habits that Make you Lose More Money in Bank Charges

Nobody ever wants to lose money yet we lose money all the time. Apart from spending our money carelessly there is another institution that makes us lose money. Our Bank! The Bank is supposed to help keep your money safe and even make it grow. However if you are like most people in this country… Read More »

Central Bank Warn Banks to Stop Putting Harsh Targets on Marketers

It has long been an issue in the banking industry with the manner of high, slaveru deposit targets thes banks place on their marketing staff. One hears stories of how banks demand their marketers to bring in tens of millions innew deposit accounts or risk being kicked out. The Central Bank of Nigeria has waded… Read More »

Chinese Company Sign $12 billion Railway Contract with Nigeria

A state-owned Chinese company, China Railway Construction Corp (CRCC), has signed a $12bn agreement to build a railway along Nigeria’s coast that it billed as China’s single largest overseas contract, state media said on Thursday. According to the Xinhua news agency the Nigerian railway will stretch for 1,402km along the coast, linking Lagos, the financial… Read More »

Mozilla Switches Default Search for Firefox Browser to Yahoo

Mozilla has announced changes to the default search engine for its Firefox browser with Yahoo now the search engine of choice in Firefox. So for its US users Firefox search engine will be changing from Google to Yahoo beginning from December. Previously Google had been funding Mozilla in order to be the default search engine.… Read More »

Madness as Fans Invade Pitch after Ivory Coast vs Cameroon Match; Gervinho’s Shorts Stolen!

The match between the Cote D’Ivoire and Cameroon in Abidjan in the last round of Africa Nations Cup Qualifiers was anything but exciting as the two teams played out a drab draw to ensure they both qualified for AFCON 2015. However what happened after the final whistle was a whole different kettle of fish as… Read More »

Nigeria out of African cup of Nations (AFCON) 2015

African champions super eagles of Nigeria has failed to qualify for African cup of Nations AFCON 2015 to be held in Equatorial Guinea. Nigeria crashed out after failing to beat South African in Newly commission stadium in Akwa ibom. The last match of the group ended in a 2-2 draw. Nigeria came from behind to… Read More »

Twitter is being Translated to Yoruba

Twitter is being translated to Yoruba! According to reports on Techcabal, Twitter has begun the process of supporting Yoruba language. It didn’t just happen by chance, on the 1st of March 2012, thousands of tweets in Yoruba language dominated Nigerian conversation on the social network using the hashtag #TweetYoruba (Yoruba Day on Twitter), this was… Read More »

Procrastination is a Dream Killer: Here’s How to Overcome it and Pursue Your Dreams

Know what procrastination is and how powerful it is (it can make you ppor, always in need of money, miss out on a wonderful relationship etc). It exists in disguise When you procrastinate it always come in form of excuses. ‘Your running shoes are no longer comfortable; why not wait till you get new ones’… Read More »