PM News Nigeria

Terrorism killing Kenya’s tourism industry, says Kenyatta

President Kenyatta: bemoans effects of terrorism on tourism

(Reuters) – Kenya’s vital tourism sector is “on its knees” after attacks by al Qaeda-linked Islamist militants carried out in retaliation for its intervention in neighboring Somalia, President Uhuru Kenyatta said on Friday. Kenyatta met ethnic Somali leaders and asked for their help in identifying people they thought may be behind attacks that have dented […]

Nigerians topple Russians as third biggest spenders in UK

a UK shopper

Nigerians accounted for four percent of shopping in the United Kingdom in February, spending an average of 628 pounds per transaction. The Nigerian share of UK’s spending may on the surface sound insignificant, but it has shot Nigerians ahead of Russians. The Nigerians according to latest statistics by Global Blue were the third biggest spenders […]

China plans to build world’s longest underwater tunnel

After building the world’s fastest high speed rail system, China plans to build the world’s longest underwater tunnel. An expert involved in the project told AFP Friday, that a $36 billion shortcut between two northern port cities in an earthquake-prone region is underway. The scheme will see cars loaded onto railway carriages before travelling at […]

Panasonic, Sharp back in black

Two Japanese electronics giants, Panasonic and Sharp have reported rising profits in the nine months ending December last year. Panasonic said it swung to a nine-month net profit of $2.4 billion thanks to the yen’s sharp decline and cost cutting as the Japanese electronics giant undergoes a painful restructuring. The company’s 243.0 billion yen net […]

Pirated books worth N4.7bn seized in Lagos

Illustration: a book

Pirated books worth N4.7 billion, about $300million were impounded at the ports in Lagos last year, the Zonal Manager, Lagos Office of Nigerian Copyright Commission, Mr Chris Nkwocha, has revealed. Nkwocha, who said this during a courtesy visit to the News Agency of Nigeria (NAN), Lagos office also called for the media’s support in the […]

Google splashes $3.2bn on Nest Labs, smoke alarm maker


Google Inc took its biggest step to go deeper into consumers’ homes, announcing a $3.2 billion deal to buy smart thermostat and smoke alarm-maker Nest Labs Inc, scooping up a promising line of products and a prized design team led by the “godfather” of the iPod. Nest will continue to operate as its own distinct […]

Accenture takes over Obamacare website

President Barack Obama: warning to Museveni on anti-gay law

Global consulting firm Accenture has been chosen to take over the running of the US government’s trouble-plagued health insurance website, the White House and company confirmed. The administration of US President Barack Obama announced Saturday it had decided to part ways with CGI Federal, the main contractor that built and worked to solve the […]

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