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By Alex C Nigeria has recovered over $2 billion, of a total $9.6 billion owed by oil and gas companies operating in the country in unpaid taxes, royalties and signature bonuses over 2009-2011, the country’s oil and gas industry auditor said yesterday. In its audit report for 2007-2011, the Nigeria Extractive Industries Transparency Initiative also said that Nigeria earned Naira 30 trillion ($188 billion) in revenue from oil and gas sales over the five year period. The agency said that following a fresh tax recovery drive that began last December, companies including Chevron, ExxonMobil and Total, paid Naira 64.4 billion…
By Alex C Nigeria’s largest online retail store, Jumia Nigeria has extended its reach to Kano, the second largest commercial city in the country. “This expansion is one of many to come as we already have hub stations in 9 other states,” Co-CEO at Jumia Nigeria, Nicola Martin said.There has been much skepticism with regards seeking business prospects in the Northern part of Nigeria, which has been sizzled with different insurgent attacks but Jumia believes the extension will provide a new set of consumers with a vast array of retail products and alternative payments systems. Jumia Nigeria’s expansion to Kano…
If You Want To Change The World, You Must Be Your Very Best In The Darkest Moment. Editor’s note: Naval Admiral William H. McRaven gave The following commencement address in May 2014 to the graduates of the University of Texas. McRaven is the commander of U.S. Special Operations and oversaw the mission that killed Osama bin Laden. This speech was challenging. It was thought provoking, to the point. Inspired,Impressive and fact filled speech. So many fantastic take always from a great man and a great speech. He does such a great job of making it practical so that every person thinks…
By Alex C The innovative application of social media platforms, notably Facebook and Twitter by online retailers (Konga.com, jumia.com, gloo.ng, gidimall) in Nigeria to drive customer awareness, interaction and marketing campaigns has been identified by industry watchers as a fundamental factor responsible for their massive success. Nigeria is ranked tops in terms of social media usage with over 11 million users. A new report by Portland Communications, a Kenyan-based public relations agency, says Nigerians are the third most active Twitter users on the continent. Reports have already shown that social networking platforms are driving traffic to online retail websites. Olamide…
By Wale Adeyemi Movies Transformer 4 – Age of Extinction Starring Mark Wahlberg, Nicola Peltz, etc. When you take a $165 million USD budget movie, shoot it in the US and far away China, you don’t expect anything but a chart smasher! Last weekend’s number one with $29.2 million USD, “Think Like Men too” has been rubbished as “Transformers – Age of Extinction” premieres today in the US with an estimated $100 million USD opening. This movie reunites Michael Bay (Director) and Mark Wahlberg (Actor) – both worked together on “Pain and Gain”. This time around it’s a whole new…
LAUGH QUOTE “Never trust a man with short legs. Brains too near the bottoms.” –Noel Coward Knock, Knock! Who’s there? Iran! Iran who? Iran over here to be on time! WISE GUY’S ANSWER TO STUPID QUESTION QUESTION: Why was 6 afraid of 7? WISE GUY: Because: 7 8 9 TALKING CRAP. One Sweet young thing sends the following text message to his boyfriend: “ My love, if you’re sleeping, send me your dreams. If you’re smiling, send me your smile. If you’re crying, send me your tears . I love you.” Boyfriend replies: I am in the toilet. What do I send? FEAST OR FATE? A new…
Out of the blues, he looked at me and said if he had to choose a wife again, he’ll still choose me. It was hard to believe because I’m not your conventional bride. I must have failed over 70% of rules handed over by our aged mothers. I don’t do his laundry, I think it’s unfair; considering we both work 9 till whenever everyday of the week, I shouldn’t use my saturday to do laundry, we should both do it or each man to his own tent. Mama thinks I should, “good wives wash for their husband” “mama, good wives,…