Oluseyi Awojulugbe

    You can now file for divorce online — in the UK

You can now file for divorce online — in the UK

The UK ministry of justice has introduced online divorce applications in England and Wales to make the process easier for interested parties.NAN reports that the whole process from payment to providing supporting evidence can now be carried out online. [...]

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    Media experts lament popularity of fake news

Media experts lament popularity of fake news

Media experts have lamented the increasing trend of fake news because of the adverse effects it would eventually have on journalists and media houses.Speaking at the 2018 edition of the annual Gold Medal Lecture of the Public Relations Consultants Association of Nigeria (PRCAN) in Lagos, they attributed the increasing trend to social media.Emevwo Biakolo, pioneer dean of the School of [...]

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    Hurricane Heist, Avengers … 10 movies you should see this weekend

Hurricane Heist, Avengers … 10 movies you should see this weekend

Some movies leave one with a feeling of glee while some poorly executed flicks make one want to puke, punch someone and throw a tantrum – all at once.To help you avoid such a situation that’d leave you fuming out of the cinema in utter disgust, TheCable Lifestyle recommends the following movies. [...]

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    Lagos rolls out strategy to tackle drug abuse, says ‘codeine is just one of many’

Lagos rolls out strategy to tackle drug abuse, says ‘codeine is just one of many’

The Lagos state government says it has updated its mental health policy to address the prevalence of drug abuse.This comes after a BBC investigative report on Codeine abuse among youths and the eventual mental illness in some victims.The federal fovernment had on Tuesday directed the National Agency for Food, Drug Administration and Control (NAFDAC) to stop further issuance of permits [...]

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    FIRS: Multiple taxation of small businesses will soon be resolved

FIRS: Multiple taxation of small businesses will soon be resolved

The Federal Inland Revenue Service (FIRS) says incidences of multiple taxation will soon end because it has started harmonising taxes to be paid.NAN reports that Babatunde Fowler, executive chairman of FIRS, announced this on Friday at a roundtable discussion on women and the informal sector.The roundtable was organised by the Centre for Democracy and Development (CDD) in Abuja.Fowler, who was [...]

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    DSTV says it may consider pay-as-you-consume option

DSTV says it may consider pay-as-you-consume option

Multichoice Nigeria, parent company of DStv, says it may consider the pay-as-you-consume (PAYC) payment option in the future.The proposed pay-as-you-consume pricing scheme allows users pay according to their effective resource consumption excluding interference.Guardian reports that John Ugbe, managing director of Multichoice Nigeria, made this statement on Friday on the sidelines of the ongoing Digital Dialogue conference in Dubai, United Arab [...]

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    INEC has no provision for persons living with disability, Cobhams laments

INEC has no provision for persons living with disability, Cobhams laments

Cobhams Asuquo, music producer and alternative artiste, says the Independent National Electoral Commission (INEC) does not have structures to enable persons living with disability vote unaided.Asuquo, who is visually impaired, made this statement on Thursday at the Maiden edition of INEC campus outreach at the University of Abuja. [...]

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    Ghanaian writer: Using technology to tell African stories will reawaken self-identity

Ghanaian writer: Using technology to tell African stories will reawaken self-identity

Jonathan Dotse, a Ghanaian science fiction writer, says the use of technology in telling African stories will help reawaken self-identity in the youth.Speaking on Wednesday at the ongoing Digital Dialogue organised by MultiChoice in Dubai, Dotse explained the concept of Afrofuturism. [...]

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    MTN Nigeria adds 2.3m customers in three months

MTN Nigeria adds 2.3m customers in three months

MTN Nigeria says it added 2.3 million subscribers between January and March 2018 to report a total customer base of 54.5 million.In a statement released on Thursday by Funso Aina, the company's PR and protocol manager, it said its strong performance in the first quarter was supported by "growth in data revenue and increased scale."It said constant currency (organic) service [...]

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    Fidelity Bank makes provision for 50 percent of 9mobile’s loan

Fidelity Bank makes provision for 50 percent of 9mobile’s loan

Fidelity Bank says it has made provision for 50 percent of its loan to 9moile, telecommunications company formerly known as Etisalat.Reuters reports that Gbolahan Joshua, Fidelity's chief operations and information officer, made this known on Wednesday.Joshua said the bank placed 9mobile on a watchlist after it made the decision to increase its provisioning from five percent to 50 percent.Already, the bank [...]

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    ‘Kogi will be free of yellow fever in the next 40 years’

‘Kogi will be free of yellow fever in the next 40 years’

Yakubu Abubakar, executive director of Kogi state primary health care development agency (KSPHCDA), says the state will be free of yellow fever disease in the next 40 years.Abubakar made this statement at a press conference in Lokoja on Wednesday.Yellow fever is an acute viral haemorrhagic disease transmitted by infected aedes mosquitoes. Symptoms include fever, headache, jaundice, muscle pain, nausea, vomiting [...]

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    Otedola’s Forte Oil to sell some Nigerian assets

Otedola’s Forte Oil to sell some Nigerian assets

Forte Oil says it has plans to sell some of its Nigerian assets and shut down its operations in Ghana.  [...]

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    Indomie manufacturer acquires Mimee — months after buying Dangote noodles plant

Indomie manufacturer acquires Mimee — months after buying Dangote noodles plant

De-United Foods Industries Limited (DUFIL), makers of Indomie noodles, have acquired the food unit of May & Baker Plc, makers of Mimee noodles.In November 2017,  Dangote Food, makers of Dangote noodles, sold two of its production lines to the company.Sandra Aduba, May & Baker’s head of communication, said the deal, which is worth N775 million is an 100 percent acquisition [...]

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    BDCs to commence digital operations with new website

BDCs to commence digital operations with new website

Bureaux de Change operators in the country say they will now offer digital services with launch of their new website, www.naijabdcs.com.Speaking at the unveiling of the website on Wednesday, Aminu Gwadabe, president of the Association of Bureaux de Change Operators of Nigeria (ABCON), said the website will provide the names, contacts and locations of the 3,500 CBN-accredited operators.He said the website [...]

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    World Bank: Despite exit from recession, Nigeria’s poverty increased in 2017

World Bank: Despite exit from recession, Nigeria’s poverty increased in 2017

The World Bank says unemployment and poverty rates increased in Nigeria despite an exit from recession in 2017.The Bretton Wood institution made these remarks in a report released on Monday.The report titled 'Nigeria Bi-annual Economic Update: Fragile Recovery' read: "The decline in the non-oil, non-agriculture sector, however, continued, as aggregate demand remained weak and private sector credit low."The rates of [...]

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    Dickson to FG: Review revenue sharing formula if you want states to pay minimum wage

Dickson to FG: Review revenue sharing formula if you want states to pay minimum wage

Seriake Dickson, governor of Bayelsa, says there is a need to review the revenue sharing formula currently in use to enable state governments pay wages to workers.A statement by Francis Ottah Agbo, his chief press secretary, said the governor made this statement at the state’s workers’ day celebration themed, ‘Labour Movement in National Development: Dare to Struggle, Dare to Win’.Gboribiogha [...]

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Exchange Rates

May 09, 2018USDGBPEUR
INTERBANK360.45487.18428.32
LAGOS360495436
KANO360494435
PH361494430
ABUJA360495430
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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