Author: PageOne

2016 Budget: What You Need to Know
Big Business

2016 Budget: What You Need to Know

*Senate kept crude oil benchmark at $38 per barrel *Exchange rate pegged at 197 Naira to 1 USD, GDP targeted at 2.14% As Nigerians breathe a sigh of relief after the passing of the 2016¬†appropriation bill otherwise known as the budget; there are key technical¬†details that needs proper explanation for […]

File illustration picture showing the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi sign in Frankfurt, September 15, 2014. A Frankfurt court earlier this month instituted a temporary injunction against Uber from offering car-sharing services across Germany. San Francisco-based Uber, which allows users to summon taxi-like services on their smartphones, offers two main services, Uber, its classic low-cost, limousine pick-up service, and Uberpop, a newer ride-sharing service, which connects private drivers to passengers - an established practice in Germany that nonetheless operates in a legal grey area of rules governing commercial transportation.    REUTERS/Kai Pfaffenbach/Files  (GERMANY - Tags: BUSINESS EMPLOYMENT CRIME LAW TRANSPORT)
Tech

Uber Did Well in Lagos, Heads for Abuja

After getting a strong foothold in Lagos, Uber the ride ordering app and company is now available in Abuja. In 2014, Uber launched in Lagos, entering Abuja is perhaps a prove that Uber has gotten used to Nigeria, one of the most difficult road transport market in Africa. According to […]

Fraud: Tompolo to Face Trial in Absentia
Uncategorized

Fraud: Tompolo to Face Trial in Absentia

*Tried for two cases of fraud- 34 billion and 22.7 billion *He is the only defendants not in custody or appearing court. The fugitive Government Ekpemupolo, nicknamed Tompolo, a militant in¬† the Niger Delta region of Nigeria is now being tried in in absentia. Tompolo is being tried for alleged […]

Nigeria Plans $1.7 Billion Stimulus Spend for Q2
Big Business

Nigeria Plans $1.7 Billion Stimulus Spend for Q2

*Federal contractors are major beneficiaries *Spending will create employment and re-employment of sacked construction workers In its plan to forestall further deterioration of the struggling economy, Nigeria’s federal government plans to spend about 350 billion in the next quarter. At the just concluded talk shop titled: National Economic Council, an […]