Libra crypto currency not out to replace existing money – project head
The Facebook-conceived Libra crypto currency, to be launched by a Geneva-based association next year, is not intended to replace existing currencies, Libra Association Managing Director Bertrand Perez said on Friday….
P&ID: Clarke questions UK judgement on Nigeria
A Senior Advocate of Nigeria, Mr Robert Clarke, has reacted to the recent judgement delivered by a British Court in the case between the Federal Government and the Process and…
Lagos Task Force busts illegal brothel, arrests 14 suspects with drugs
Operatives of the Lagos State Environmental and Special Offences Enforcement Unit (Taskforce) have raided an illegal brothel around Mile 2 area of Lagos. The operation carried out in the early…
Facebook wins dismissal of investor lawsuit over privacy breach
Facebook Inc and its chief executive Mark Zuckerberg have won dismissal of an investor lawsuit accusing them of deceiving investors about the likely impact of a privacy breach on its…
World Cup host Qatar designs climate-controlled stadiums for the future
Al Janoub stadium On a late September evening in Qatar a persistent 35 degree Celsius heat hung outside the 2022 World Cup host’s newly-built Al Janoub stadium, but down…
DPR laments Non-compliance with regulations in downstream sector
The Department of Petroleum Resources (DPR) has decried the high level of non-compliance with the regulatory framework of the downstream sector by some key stakeholders. The acting Director of the…
$9.6bn Judgment Debt: Nigeria to pay $200m security cost pending appeal
A UK court on Thursday ordered the Nigerian government to pay $200 million pending its appeal against the $9.6 billion awarded to a tiny offshore firm involved in a failed…
Makinde seeks Britain’s collaboration to train Oyo teachers
Gov. Seyi Makinde of Oyo State on Thursday in Ibadan stated the government’s readiness to collaborate with the British government in the training of teachers. Makinde, who said this when…
INEC raises red flag on violence in Kogi, Bayelsa Guber elections, cautions politicians
The Independent National Electoral Commission (INEC) says it has delivered all non-sensitive materials for the governorship elections in Kogi and Bayelsa states. The commission also raised red flag on the…
China at 70, pledges deeper strategic partnership with Nigeria
Ambassador of China to Nigeria, Zhou Pingjian, has said that the Chinese government would strengthen its support and collaboration with Nigeria, to achieve its development and economic growth. Zhou made…