Emerging Markets Telecommunication Services (EMTS), operating as 9mobile, on Friday announced the addition of Victor Nwaobia as Chief Sales Officer to its leadership team. In his new role, Nwaobia will be part of the executive management team of one of the industry’s leading telcos, and will be responsible for driving the company’s sales strategies, initiatives, and objectives across the consumer …

Nigeria’s oil production has increased to 1.6 million barrels per day, the highest level in months, according to NNPC Limited (NNPCL). NNPCL’s announced this At the company’s final cut over event on Friday, Group Chief Executive Officer, Mallam Mele Kyari was excited while announcing that Nigeria is now on track to hit an oil production level of 1.8 million barrels per …

The Central Bank of Nigeria (CBN) has directed banks to start collecting the old N500 and N1,000 notes from the public with immediate effect. It, however, pegged the maximum amount the banks can collect at N500,000. The CBN maintained that the old currencies were no more legal tender. A source from the bank said the CBN ordered the banks to …

The Centre for Democracy and Development (CDD) has condemned President Muhammadu Buhari for acting contrary to the order of the Supreme Court on the Naira swap policy. The apex court had ruled on 8 February and reinforced a week later that the policy should be suspended pending the hearing of the suit brought by several state governments against the Federal …

The Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila has described President Muhammadu Buhari’s directive to the Central Bank of Nigeria (CBN) to reintroduce the old N200 note into circulation as a step in the right direction. However, the Speaker said the President’s directive falls short of the Supreme Court order that the old currencies remain legal tender …

Violent protests and other forms of reactions are witnessed in some areas as many Nigerians kick against the Naira notes swap policy by the Central Bank of Nigeria (CBN). Sporadic gun shots were heard along the Lagos-Ibadan expressway as the situation worsens. In lbadan, the Oyo State capital, residents again expressed their displeasure on the directive of President Muhammadu Buhari …

Governor Nasir El-Rufai of Kaduna State has faulted President Muhammadu Buhari’s directive limiting the legal tender status of old notes to only N200, He described the pronouncement as a total disregard of the Supreme Court on the matter. El-Rufai says the old and new notes remain legal tender in the state pending the supreme court’s decision. He noted that the …

HP Inc. has announced its new Z by HP high-performance workstation desktop lineup, engineered to change what is possible within complex, data rich workflows. HP is advancing hybrid workforce management with the HP Anyware Remote System Controller, a device that gives IT departments the management capabilities to support high performance devices from anywhere. The complex workflows in industries spanning media …

The Nigerian Navy has handed over a tanker vessel, MT Sea Eunice, which was arrested last 11 August, to the Nigerian Maritime Administration and Safety Agency (NIMASA). The vessel is presently located along Escravos River, close to the Aroton community. The Base Operation Officer of the Nigerian Navy Ship, Delta (NNS, DELTA), Commander Samuel Musa noted that the vessel was …

A Senior Advocate of Nigeria, Ebun-Olu Adegboruwa has said that President Muhammadu Buhari’s broadcast on Thursday’s morning in which he said the old N500 and N1,000 notes have ceased to be legal tender from last Friday amounted to a contempt of court. According to the lawyer-cum-activist, the President cannot overrule the Supreme Court of Nigeria. On Wednesday, 8 February, the Supreme …