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Sony Corp. and Line Corp., Japan’s most popular messaging service, are considering joining forces to develop devices powered by artificial intelligence. The companies are exploring opportunities around digital personal assistant technology to co-create a new communication experience, Sony said in a statement at the Mobile World Congress in Barcelona, Spain, ...

Oyetunji Abioye The naira closed flat at 445 against the United States dollar at the parallel market on Monday as the foreign exchange market awaits the further release of the greenback by the Central Bank of Nigeria. The CBN has sold additional $180m into the market this week, barely one ...

Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Monday increased the liquidity in the foreign exchange market by releasing additional $180m for settlement of various transactions. This was confirmed by the Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor. He said while the sum of $100m was released ...

Sesan Olufowobi The Lagos State Government on Monday said it had concluded plans to crush and recycle over 4,000 impounded commercial motorcycles, popularly called okada. The state Commissioner of Police, Fatai Owoseni, who stated this in Ikeja, added that the action was in line with the provisions of the Lagos ...

Ifeanyi Onuba, Abuja The coming into force of the World Trade Organisation’s Trade Facilitation Agreement last week will increase the volume of export of non-oil products from Nigeria to other countries, the Executive Director/Chief Executive, Nigerian Export Promotion Council, Mr. Segun Awolowo, has said. Awolowo stated this on Monday in ...

Ifeanyi Onuba, Abuja The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture has commenced the construction of a N1.5bn centre that will help it to facilitate trade, investment and promotion of the Micro, Small and Medium Enterprise sector of the economy. The centre, which is expected to be ...

In less than one week, the naira has gained over N85 against the dollar – thanks to the increased liquidity in the foreign exchange market. The currency exchanged for N430 to the greenback yesterday at the parallel market. It was N460 to the dollar at the weekend. The Central Bank ...

The blame game continued yesterday in the troubled Peoples Democratic Party (PDP). A faction of the main opposition blamed the reopening of its national secretariat for Chairman Ali Modu Sheriff on the police, which it accused of taking sides. Besides, the party accused the ruling All Progressives Congress (APC) of ...

•Bikes may be banned in Lekki, VI  Over 4000 commercial motorcycles seized for flouting the Lagos State Traffic Law 2012 will be crushed and recycled, Police Commissioner, Fatia Owoseni said yesterday. The law prohibits Okada and tricycles also known as Keke Marwa from operating in at least 495 of the ...

The immediate past Minister of Environment, Amina Mohammed, will be sworn-in today as the deputy secretary-general of the United Nations at the UN Headquarters in New York. Mohammed, who was appointed by the UN secretary-general, António Guterres on December 15, 2016 as his deputy, was supposed to assume office on ...