NCC does not regulate content – Executive Vice Chairman, Danbatta

Umar Garba Danbatta Executive Vice Chairman (EVC), Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, on Thursday clarified that NCC does not regulate content but only the platforms. Danbatta made the explanation at the commission’s Head Office in Abuja yesterday when the Management of the National Film and Video Censors Board (NFVCB), led by its…

Facebook Quarterly Profit Soars, Lifted By Mobile Ads

Facebook on Wednesday delivered another blockbuster earnings performance, showing solid growth in mobile ad revenues as the social network expands into new services. While Facebook topped Wall Street expectations in the quarter, shares dove more than eight percent to $116.54 after an earnings call during which executives warned that revenue growth should be more tempered…

Energy Efficient Bulbs Cause Anxiety, Migraines, Cancer [REPORT]

Many of us in the effort to save energy and money, replaced our old standard light bulbs with environmentally-friendly new generation energy saving light bulbs.  However, the new generation of energy efficient light bulbs are so toxic that the U.S. Environmental Protection Agency created an emergency protocol you need to follow in the event of…

Why The Skye Is Big Enough With Skye Bank

Skye Bank Plc. is one of Nigeria’s leading retail and commercial banks with over 373 branches and cash centers across Nigeria offering premium financial services, with subsidiaries in sierra Leone, The Gambia and Guinea. The bank commenced operations in 2006 and has become one of the foremost financial institutions in the Nigerian banking industry, playing…

Has MMM Crashed In Nigeria?

It has been tears and more tears all morning in the City of Lagos after news filtered in that Ponzi Scheme, MMM, has crashed in Nigeria, resulting in massive losses for its many members, though details of the crash are still sketchy as no official report has been released, premium reports say.   It will…

Why We Set Up NIGERIA Self-Help Group with City People –WALE DEINDE, Co- Convener

Nigeria Self-Help Group, an outfit of Revolutionary Marketing Concepts Limited, is an initiative body that is bent on spurring mutual help and assistance that would have a positive domino effect on participants lives by reducing unemployment and egging beneficiaries towards financial independence. The group, which is not an NGO, has skill-acquisition programmes that would empower…

With 145Naira/Litre, Nigerians Are Still ‘Enjoying’ Subsidy- NNPC

The Group General Manager, Crude Oil Marketing Department of the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has said that the company is subsidising the consumption of petrol at N145.   According to a report by Daily Trust, Kyari  spoke at the 10th Oil Trading and Logistics Africa Downstream Week in Lagos, where he…

Sterling Bank Remains The One-Customer Bank For 56 Years

Sterling Bank Plc is a full service national commercial bank licensed by the Central Bank of Nigeria. Its shares trade under the Banking sector of the Nigerian Stock Exchange with the symbol STERLNBANK. The bank provides services to individuals, small businesses (SMEs) and large corporations. As of December 2015, the bank’s branch network numbered 187,…

UBA wins big at Finacle Client Innovation Awards

United Bank for Africa has continued to receive accolades and global recognition for its commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in…

Recession: Femi Otedola no longer a billionaire as Forte Oil shares fizzle

Nigerian businessman Femi Otedola‘s net worth has plunged from $1.8 Billion to $550 Million following a massive drop in the stock price of Forte Oil, the Nigerian Stock Exchange-listed petroleum marketing company. Report says As at the close of trading on Friday, Forte Oil’s share price plunged to a one-year low of N145 ($0.44) per…