Author: Adeola Adebowale
I am a believer in good.
Nigeria loses $2.7bn to oil production decline
Nigeria is estimated to have lost about $2.7
billion or N426 billion from decline in crude oil production in the last quarter of 2012 – October to December, even as it earned $16.075 billion or N2.54 trillion from crude oil export in the same period.
The Central Bank of Nigeria, CBN Fourth
Quarter Economic Report, attributed the
decline in crude oil production and export to… Read more
Nokia unveils cheap phone with battery that lasts 35 days
Nokia has unveiled a simple £13 mobile phone that can last for 35 days on a single charge. It is aimed at emerging markets where electricity is rare, but could also be sold as a back-up phone.
The Nokia 105, which is set to go on sale
within weeks, has a colour screen, built-in
torch and an FM radio.
It’s now the cheapest phone in… Read more
Janet Jackson marries Qatar Billionaire
LOS ANGELES: Singer Janet Jackson said on
Monday that she married her Qatari
businessman boyfriend last year, quashing
media reports of upcoming nuptials.
Jackson, 46, the younger sister of the late singer Michael Jackson, was married to billionaire Wissam Al Mana, 37, last year but kept the news under wraps.
“The rumors regarding an extravagant wedding are simply not true. Last year we were married… Read more
South Korea Gets First Female President
As leader of Asia’s fourth-largest economy, Park, the 61-year-old daughter of late military strongman Park Chung-Hee, faces challenges of slowing growth and soaring welfare costs in one of the world’s most rapidly ageing societies.
Taking the oath of office less than two weeks after North Korea carried out its third nuclear test, Park called on the regime in Pyongyang to “abandon its nuclear ambitions without… Read more
Arsenal declare $27M profit
LONDON – Arsenal has reported half-year pre-tax profits of 17.8 million pounds ($27 million) thanks to the sale of leading players.
The sale of Robin van Persie to Manchester
United contributed to a profit of 23.2 million
pounds ($35 million) on player trading in the
six months to Nov. 30 2012.
Cash reserves rose to 123.3 million pounds
($187 million), but many fans are unhappy… Read more
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