‘How Venus and Serena Williams failed drug test’

‘How Venus and Serena Williams failed drug test’

Hacking group, Fancy Bear group has alleged that the  World Anti-Doping Agency allowed United States  tennis players Serena and Venus Williams to take banned substances, while gymnast Simone Biles failed a doping test yet avoided disqualification.   According to the group,...
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Nissan recalls 120,000 vehicles over engine fire

Nissan recalls 120,000 vehicles over engine fire

Nissan has recalled 120,000 vehicles because of fire risk and warning drivers to park away from buildings if there’s trouble.   The recall applies to the 2016 and 2017 Maxima with Intelligent Cruise Control, the 2015 to 2017 Murano with...
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UBA wins best Bank in Sub-Sahara Africa award, sponsors Ebola Movie “93 Days”

UBA wins best Bank in Sub-Sahara Africa award, sponsors Ebola Movie “93 Days”

Pan-African banking group, United Bank for Africa (UBA) Plc at the weekend carted home two very important laurels at the annual Businessday Banking Awards, winning the Best Bank in Sub-Saharan Africa and the Best Bank in support of Agriculture.  ...
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Lagarde to face trial over alleged fraud

Lagarde to face trial over alleged fraud

The head of the International Monetary Fund, Christine Lagarde, will go to trial December 12 in a long-running fraud case. A French court set the date Monday after rejecting an appeal. Lagarde is accused of intervening in a legal dispute...
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Samsung loses $44 Billion of value

Samsung loses $44 Billion of value

(BLOOMBERG) Tepid demand for Samsung Electronics Co.’s newest Galaxy smartphones triggered a fifth straight monthly decline for the electronics maker, wiping out about $44 billion in market value since April. Shares of the world’s biggest smartphone vendor...
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GM recalls 4.3m vehicles worldwide

GM recalls 4.3m vehicles worldwide

General Motors has recalled 4.3 million vehicles for a software problem that can prevent airbags from deploying in a crash.   The defect, which according to agency report affects all of GM’s current full-size pickups and Sports Utility Vehicles (SUVs),...
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Kia introduces 8-speed FWD automatic transmission

Kia introduces 8-speed FWD automatic transmission

Kia Motors has revealed details of its advanced new eight-speed automatic transmission (8AT), engineered for use in front-wheel drive vehicles. Kia’s new front-wheel drive 8AT (FWD 8AT) has been developed in-house by the Korean manufacturer, engineered to of...
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‘Samsung Galaxy Note 7 too dangerous to use’

‘Samsung Galaxy Note 7 too dangerous to use’

The U.S. Consumer Product Safety Commission says owners of the  Galaxy Note 7 smartphones should turn them off and stop using them because of the risk that their batteries can explode. The agency also says it’s working with Samsung on an...
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‘Nigeria begins visa on arrival for foreign investors soon’

‘Nigeria begins visa on arrival for foreign investors soon’

As part of measures to encourage foreign investors, the Federal Government is to commenece issuance of Visa at point of entry into Nigeria.   According to the Vice President, Prof Yemi Osinbajo, the development is expected to curtail perceived bureaucratic b...
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IBM Appoints Dipo Faulkner as Country General Manager for Nigeria

IBM Appoints Dipo Faulkner as Country General Manager for Nigeria

IBM has announced the appointment of Ernest Oladipo Faulkner as Country General Manager, IBM Nigeria. He succeeds Taiwo Otiti who served as Country General Manager, West Africa, since 2010. Dipo will be responsible for IBM’s overall business in Nigeria w...
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Aruna gets improved ranking in Africa

Aruna gets improved ranking in Africa

Similar to his record as the first African to make the top 30 in the world, Rio Olympic Games quarterfinalist, Nigeria’s Aruna Quadri has inscribed his name in the annals of history in the continent after leaping to 25th in...
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ILO seeks support for commitment of G20 to tackle inequality

ILO seeks support for commitment of G20 to tackle inequality

 The Director General of International Labour Organisation (ILO), Guy Ryder has urged leaders to accelerate inclusive development to respond to growing employment and equality challenges.    He also welcomed the commitment taken by G20 leaders to tackle ris...
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WFE reiterates partnership with IOSCO, G20 nations

WFE reiterates partnership with IOSCO, G20 nations

The World Federation of Exchanges (WFE) has called for common approach to issues among International Organisation of Securities Commission (IOSCO) and G20 nations.   Reacting to the European Securities and Markets Authority’s (ESMA) Discussion Paper on Dist...
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FG faults US Congressman’s report on Nigeria

FG faults US Congressman’s report on Nigeria

The Federal Government has described as ‘sadly out of tune with reality’ the published letter from US Congressman Tom Marino to Secretary of State John Kerry, asking the US to withhold security assistance to Nigeria on the strength of ‘some...
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