Amazon quarterly profit rockets tenfold to $2.9 bn

Amazon reported Thursday that its profit in the recently-ended quarter rocketed to $2.9 billion in a ten-fold increase from the same period last year. Net sales at the e-commerce colossus climbed to $56.6 billion in the third quarter, a 29 percent increase from the $43.7 in sales reported in the third quarter in 2017. However, …

LITF 2018: Japan seeks more opportunities to invest in Nigeria

Counting on the dividends of previous participation in Lagos International Trade Fair, Japan through its external trade organisation, JETRO in Nigeria, seeks mammoth opportunities to invest in Nigeria, considering the country as the biggest market in Africa, even as its 30 brands line up for exhibition at the forthcoming the Lagos Trade Fair starting on …

Senate approves Science and Technology varsity for FCT

On Thursday, the Senate approved the establishment of a specialized University of Science and Technology for the Federal Capital Territory, Abuja. With this development, it has brought to fruition, plans by the Federal Capital Territory Administration (FCTA) to establish a specialised university in science and technology. The passage yesterday of the FCT University of Science …

Married Teacher Arrested After Sex Video With Family Member Was Posted On Porn Site.

A teacher has been arrested and charged with incest after a pupil allegedly recognised her and a classmate in a sick video on Pornhub. Dawn Giannini, 49, who is married to a US army colonel, allegedly appears alongside a 14-year-old family member in the clip. The horrified student spotted the x-rated clip online and immediately told his principal, who …

‘Technology, major reason for Nigeria’s global relevance’.

Managing Director, Africa Operations of Inlaks, Femi Adeoti has said that technology which is a major force in the innovation value chain will continue to drive growth to attain national and global relevance. Adeoti who was a guest speaker at a Financial technology event organized by the Vanguard Media Limited recently, said that mobile payments …

Hyundai donates ultramodern ICT labs to schools

Hyundai Motors Nigeria Limited, HMNL, recently, commenced the inauguration of ultra-modern ICT, Information Communication Technology, laboratories, in some public schools and colleges across the country, as a way of supporting computer education at the  grassroots and enhancing human resources development in Nigeria. No fewer than eight schools and colleges in Lagos, Abuja and Port-Harcourt are …

Ex-Gov. Sylva’s SSG, Special Adviser, 2,000 others dump APC for PDP in Bayelsa

High Members of the All Progressives Congress [APC], and Chief Timipre Sylva, former governor of Bayelsa State, has decamp from it party to People Democratic Party [PDP]. A former Secretary to the State Government, Dr. Gideon Ekeuwei, and a former Special Adviser, Chief Rufus Abadi, during Sylva’s regime, decamped to the PDP at the weekend. …

Buhari vs Atiku: Keyamo warns President’s supporters against picking up quarrels with opponents

Festus Keyamo, the Director of Strategic Communications of the Buhari Campaign Organisation. Plead to everyone supporting President Muhammadu Buhari not to make any form of quarrel with members of the opposition. Keyamo urged Buhari’s supporters against picking up a personal quarrel with the opposition so as not to give breathing space to what he termed …

Wizkid Fever: Eat this pepper stew I’m serving – Tiwa Savage reacts

The Mavin Queen, Tiwa Savage has reacted to the backlash following sexually intense scenes in Wizkid Latest Video [FEVER], which goes viral online. The Mavin queen in a post on her Instagram page on Thursday said the abusive comments on her page from Nigerians will not stop her. She wrote: “She no get shame, broken …

PDP speaks on Fayose’s trial

The South-West zone of the Peoples Democratic Party (PDP) has said it was concerned about the travails of former governor of Ekiti State, Mr Ayodele Fayose in the hands of the Economic and Financial Crimes Commission (EFCC). Vice-Chairman of the party, Dr Eddy Olefesou, at a stakeholders meeting on Friday, urged members of the party …