Finally; Google abused its monopoly power.

Finally; Google abused its monopoly power. Google abused its monopoly power in ways that harmed Internet users and competitors. That was the conclusion drawn by experts at a federal regulatory agency back in 2012, according to The Wall Street Journal. Google,...

FEC approves N36.6bn for roads in Kaduna, Benue, Niger, Nasarawa

FROM JULIANA TAIWO-OBALONYE, ABUJA The fifth Federal Executive Coun­cil meeting pre­sided over by President Goodluck Jonathan has approved road contracts across Kaduna, Benue, Ni­ger, Nasarawa and Bauchi states amounting to N36.6 billion. The Minister of Works Mike Onolememen in com­pany of...

Economic downturn: Manufacturing, agric revolution’ll rescue Nigeria

Against the backdrop of the unprecedented crash in the crude oil price in the international market and subsequent de­valuation of the naira, a case has been made for more at­tention to be given to massive agricultural and manufac­turing revolution. Group...

NCC’s 2.6GHz to go for N352bn now

BY OLABISI OLALEYE The Nigerian Com­munications Com­mission (NCC) has said that it will resume licensing round for the 2.6GHz Spectrum band and has therefore pegged the price at $16 million (about N352 billion). This disclosure was made at the weekend in...

NeFF, NIBSS, banks worry over rising fraud cases

BY BLAISE UDUNZE Financial experts are worried over rising cases, sophistication and unreported banking sector frauds as unrelenting fraudsters appear to be developing ingenious ways of fleecing unsuspecting bank customers and corporate organisations of billions of naira in their accounts. The...

Could Strong Dollar, Weak Euro Be the Catalyst for Fed Interest Rate Hike?

Could Strong Dollar, Weak Euro Be the Catalyst for Fed Interest Rate Hike? With the European Central Bank’s bond-buying initiative a possible variable behind the U.S. Federal Reserve dropping its “patient” approach and raising short-term interest rates, the U.S. dollar...

Breaking News;Google Accidentally Leaked 283,000 Website Owners’ Details

Breaking News;Google Accidentally Leaked 283,000 Website Owners’ Details Google has accidentally leaked about 283,000 website owners’ personal details in 2013 and it was only discovered two years later.   Reports said the fault first appeared back in mid-2013 but it has only...

Nigeria bonds to rise on election jitters

Nigerian bonds yields will rise as Africa’s biggest economy prepares to hold presidential elections on March 28, while a planned Monetary Policy Committee (MPC) meeting to set rates on March 24 would also unnerve investors, traders added. The continent’s largest...

Customs sanctions 23 officers for economic sabotage

…As FOU Zone C arrests smugglers  UCHE USIM To instill discipline in the organisation, the Comptroller General of the Nigeria Customs Service (NCS), Abdullahi Dikko Inde, has approved various of punishment for 23 officers over gross misconduct bordering largely on economic...

Chibok girls’ abduction: Governor Shettima is culpable, PDPPCO insists

The Peoples Democratic Party Presidential Campaign Organisation (PDPPCO) insisted yesterday that Governor Kashim Shettima of Borno State was culpable in the April 2014 abduction of over 200 girls from Government Secondary School, Chibok, by Boko Haram. The ruling party targeted...