NNPC discloses expectance of ships laden with over hundred million litres of petrol

The Nigerian National Petroleum Corporation (NNPC), on Tuesday, disclosed that it is expecting up to five ships loaded with 50 million litres each of petrol in the country within the next three days. This is in a bid to bridge the noticeable shortage in the volume of petrol available for supply and distribution across Nigeria,… Read More NNPC discloses expectance of ships laden with over hundred million litres of petrol

Walt Disney set to acquire Fox Inc in deal worth $52billion

Walt Disney Co. on Thursday agreed to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc. for $52.4 billion in stock. The deal, which was announced on Thursday, will end more than half a century of expansion by Murdoch who turned a single Australian newspaper he inherited from his father at… Read More Walt Disney set to acquire Fox Inc in deal worth $52billion

Police arrest thirteen female suspects for illegal production of Nigerian currency

The Central Bank of Nigeria (CBN) and the Rivers State Police Command in a joint sting operation on Wednesday apprehended thirteen female suspects over their alleged involvement in illegal printing and minting of the Nigerian currency. The state Police Command made the disclosure at a media briefing in Port Harcourt while speaking on the clamp… Read More Police arrest thirteen female suspects for illegal production of Nigerian currency

T-Mobile acquires Layer3 TV, set to launch streaming television service in 2018

T-Mobile US Inc said on Wednesday that it will launch a new streaming television service next year after buying startup Layer3 TV for an undisclosed amount. The moves come as competitors are seeking ways to provide content to win over customers in a saturated market, and after the No. 3 U.S. wireless carrier and No.… Read More T-Mobile acquires Layer3 TV, set to launch streaming television service in 2018

Two Reuters journalists arrested in Myanmar

Myanmar’s government said on Wednesday that police had arrested two Reuters journalists, Wa Lone and Kyaw Soe Oo. The reporters had been working on stories about a military crackdown on the Rohingya Muslim minority in Rahkine State that has caused almost 650,000 people to flee to neighboring Bangladesh. The Ministry of Information said in a… Read More Two Reuters journalists arrested in Myanmar

Dozens killed as Saudi-led airstrikes hit Sanaa military police camp

Saudi-led coalition aircraft struck a military police camp in the Houthi-controlled Yemeni capital Sanaa on Wednesday, killing at least 39 people and wounding 90 more, including some prisoners, an official and witnesses said. The strike is part of an air campaign by the Western-backed coalition on the Iran-allied Houthis that has escalated since the Houthis… Read More Dozens killed as Saudi-led airstrikes hit Sanaa military police camp

Apple to invest $390million in chip company Finisar

Apple Inc. said on Wednesday it would invest $390 million in Finisar Corp., which it will use to build out a plant in Texas to make chips that power popular iPhone features such as face ID, animojis and portrait-mode selfies. The award will be part of Apple’s $1 billion ‘Advanced Manufacturing Fund’ to foster innovation… Read More Apple to invest $390million in chip company Finisar