Category: Industry
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COVID-19: Ali Baba hails Buhari’s govt, speaks on brain behind creative industry committee
Chairman of the newly set up post-Coronavirus disease (COVID-19) committee for the creative industry, Mr. Ali Baba has expressed appreciation to the President Muhammadu Buhari government. Ali Baba expressed his appreciation following the inauguration of the post-Covid-19 committee for the creative industry by the Minister of Information and Culture, Alhaji Lai Mohammed on Tuesday. Speaking…
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Foxconn Chairman aims stepping down for younger talent
Terry Gou, Chairman of Foxconn, assembler of Apple’s iPhones has said he is aiming at stepping down for younger talent. TheNewsGuru (TNG) reports Gou, 69 made this known on Monday while speaking on the sidelines of an event in Taipei. The Foxconn Chairman said he wants to pave the way for younger talent to move…
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Ijaw youths agitate over $13.5bn Zabazaba Deepwater Project
Ijaw youths under the aegis of the Ijaw Youth Council (IYC), worldwide have expressed concerned over delays in the signing of the Final Investment Decision (FID) for the $13.5 billion Zabazaba Deepwater Project. TheNewsGuru (TNG) reports spokesman of the Council, Daniel Dasimaka, in a statement, expressed displeasure of the IYC on Thursday in Yenagoa, capital…
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PIGB panacea for investment in oil, gas sector – Expert
An energy expert, Mr Bank-Anthony Okoroafor, says the passage of the Petroleum Industry Governance Bill (PIGB) into law will facilitate massive investment in the oil and gas sector in Nigeria. Okoroafor in an Interview with News Agency of Nigeria in Abuja on Wednesday noted that the law would guarantee trust for investors. The National Assembly…
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How call masking, simboxing cost telecom industry $3bn
If you receive a lot of foreign calls, chances are that quite a few of them have reached your handset bearing a local GSM or fixed line number. In industry parlance, what you got is called a masked call. What has happened is that your foreign contact has called you directly with their number, but…
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Stop sale of DSC assets, host communities warn Premium Steel
Host communities to the old Delta Steel Company, now Premium Steel and Mines Limited (PSML), Ovwian-Aladja, Delta State have warned the investors to stop the sales of assets of the company or face the wrath of the people. TheNewsGuru reports the community made the warning in a strong-worded letter addressed to the Managing Director and…
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NCC tasks telecom operators on efficient usage of FOREX allocation
The Nigerian Communications Commission (NCC), has called on telecom operators to ensure efficient usage of FOREX allocation to prevent capital flight. NCC made the call at a meeting with operators on “Framework for Confirmation of Reasonableness of Service Requests’’ in Abuja on Tuesday, while deliberating on ways to overcome the challenges of FOREX allocation in…
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How ICT is revolutionising fashion industry
Mrs Blessing Achu, founder, 360 Creative Innovation Hub, Lagos, says Information and Communication Technology (ICT) is revolutionising fashion industry and urged fashion designers to use it or lose out. Achu said this on the sidelines of a six weeks digital entrepreneurship training for women in Kaduna, organised by Digital African Woman (DAW) tagged: “DAW Business…
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Speaker Dogara: Nigeria’s industrialisation unattainable without…
Speaker Yakubu Dogara has, again, called on the executive to give priority to steel development in Nigeria, saying it is the bedrock of the development of the country. He argued that the country keeps losing revenue through importation of steel, even more that the government is focused on implementing projects that are dependent on steel…
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Assembly plant deal: Obaseki hosts 36 automobile CEOs
Efforts by the Godwin Obaseki-led administration to harness the vast economic opportunities in the global auto industry through the state’s economic diversification strategy have begun yielding result as 36 chief executive officers of leading global auto brands and component suppliers, arrive Benin City on Wednesday. The high-profile meeting between the Edo State government and chief…