Schmidt’s Statement Showed A Broken Man With Misplaced Faith In VW

Schmidt’s Statement Showed A Broken Man With Misplaced Faith In VW

DETROIT — For a year, Oliver Schmidt’s vacant, unsmiling, almost defiant stare has been the face of Volkswagen’s $30 billion diesel emissions scandal. But that was not the face the 48-year-old German-born executive wore in a federal courtroom in Detroit on Wednesday. The stare from a Florida booking photo taken shortly after his surprise January arrest outside a restroom at Miami International Airport was gone moments before his all-but-certain fate: six more years in a…

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CBN To Sack Bank Directors With Non-Performing Loans

CBN To Sack Bank Directors With Non-Performing Loans

A new Code of Corporate Governance approved by the Central Bank of Nigeria (CBN) has stipulated that bank directors with non-performing loans (NPLs) are to either quit or be sacked. This was made known during the weekend by the Director, Bank Examination Department at the Nigeria Deposit Insurance Corporation (NDIC), Adedapo Adeleke. Speaking on the theme: Curtailing the Growth of Non-Performing Loans in Banks: The Role of Regulators and Supervisors at a media workshop organised…

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Apple Cuts iPhone X Retailer Margins, Store Owners Cry Out

Apple Cuts iPhone X Retailer Margins, Store Owners Cry Out

Industry insiders say that brands like Samsung or Xiaomi offer more margin than Apple does, around 12-15 percent, while Apple has now cut its margin for retailers to 4.5 percent. American tech giant Apple has reduced retail margins on the iPhone X by nearly 30 percent after large format chain owners and small-scale retailers claimed that the company makes profit from a massive margin but does not want its retail partners to benefit, reported the Economic Times….

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Apple Sells Gaming Robot Created By A Nigerian

Apple Sells Gaming Robot Created By A Nigerian

A Nigerian-British Silas Adekunle created a gaming robot called MekaMons in Apple stores in US and UK , The product is with a price tag of $299.95 went on sale form 16 November in the shops and online, The robots can be operated with an iphone and other smartphones. The robots was created for fun and STEM education. Adekunle, was born in Nigeria and moved to UK when he was 11 yearv old. He is…

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2018 Accord Named Overall Best Buy of 2018 as Honda Models Win 7 of 12 Kelley Blue Book Awards

TORRANCE, Calif., Nov. 16, 2017 /PRNewswire/ — The all-new 2018 Honda Accord was named the Overall Best Buy of 2018 by Kelley Blue Book (KBB) as Honda vehicles took top honors in 7 of 12 ‘Best Buy’ award categories. The all-new Accord bested every other new vehicle in the market because, according to the expert team of editors and evaluators at KBB, “it outclasses the competition in almost every meaningful measure. It also sells for far less than the average new…

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The Nigerian author, considered the father of modern African literature, would have been 87 years old today. Chinua Achebe has been celebrated for more than 60 years as the father of modern African literature, but Thursday Google added a Doodle to his list of honors. On what would have been the Nigerian author’s 87th birthday, Google’s search-page artwork honored Achebe, whose best known novel, “Things Fall Apart,” has been translated into more than 50 languages….

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Reno Omokri Condemns FG’s Spending Of N700m To Develop A Website

Reno Omokri Condemns FG’s Spending Of N700m To Develop A Website

Reno Omokri, former Special Assistant on New Media to ex-President Goodluck Jonathan, on Friday, reacted to the federal government’s spending of N700 million to develop a website for the Ministry of Mines and steel development. According to him, the claim that the federal government spent such an amount of money was just an excuse to cover up massive corruption that had already been carried out within the Ministry. Recall that Kayode Fayemi, the Minister in…

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JAMB Releases Date To Start Sale Of Form For 2018 Exam

JAMB Releases Date To Start Sale Of Form For 2018 Exam

Joint Admissions and Matriculation Board (JAMB) Registrar, Professor Ishaq Oloyede, has assured that the conduct of the 2019 examination will be better. He also announced that registration for the exams would commence before the end of November, urging prospective candidates to visit the board’s website, download JAMB app, syllabus and brochures. He said these during an interactive session with CTB owners from across the country. The parley held at Yaba College of Technology on Wedensday….

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PDP Is The Reason Buhari Travels Abroad For Treatment- Femi Adesina Claims

PDP Is The Reason Buhari Travels Abroad For Treatment- Femi Adesina Claims

The presidency has stated that President Muhammadu Buhari never made a promise to Nigerians in 2015 that he would not seek medical treatment abroad if elected. His Special Adviser on Media and Publicity, Femi Adesina, yesterday disclosed this while appearing as a guest on Focus Nigeria, a programme on Africa Independent Television (AIT). The spokesman of the All Progressives Congress (APC), Bolaji Abdullahi, who appeared alongside Adesina, also said the much talked about promise the…

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