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Nigeria Government to spend N100bn Sukuk fund for road infrastructure

Abuja, Director-General, Mrs. Patience Oniha, of the Debt Management Office, had said the 100bn from the Islamic Bond Sukuk will be dedicated to building critical road infrastructure across the country. The sovereign Sukuk is an ethical-based investment in which rent is based on the investment bi-annually and the principal sum paid at the

U.S. House unanimously approves sweeping self-driving car measure

WASHINGTON (Reuters) - The U.S. House on Wednesday unanimously approved a sweeping proposal to speed the deployment of self-driving cars without human controls by putting federal regulators in the driver’s seat and barring states from blocking autonomous vehicles. The House measure, the first significant federal legislation aimed at speeding self-driving cars

4 major transport projects that would connect the whole of Africa

These projects will surely make Africa one big market.   Africa is currently undergoing massive infrastructural development, especially with projects aimed at boosting cross border trades. The continent, through the African Union’s Continental Free Trade Area (CTFA), is also on a mission to establish the world’s largest free-trade area. Thus, making connecting the various

Lagos State Task Force To Evacuate Danfo Buses

Lagos, Operatives of the Lagos State Task Force will today (Monday) begin phasing out of danfo buses engaging in illegal activities at Ojuelegba and Ikeja under bridges. The Chairman of the Lagos State Task Force, SP Olayinka Egbeyemi said the agency was embarking on the operation after the expiration of

F.B.I. Investigateing Uber Software Used to Monitor Lyft Drivers

SAN FRANCISCO (NYT) — The Federal Bureau of Investigation and the United States attorney’s office in New York are looking into whether Uber used tactics and software to illegally interfere with Lyft, its largest American competitor. The investigation is focused on Uber’s use of a special program internally called “Hell,” said

Lagos, Pen Cinema Flyover Bridge to be delivered in December 2018

The Lagos State Government says it will deliver the Pen Cinema Flyover bridge by December 2018, while appealing to residents and motorists to exercise patience all through the period of construction. Spearing at a stakeholders’ meeting with resident of Agege and environs on the construction of precast/pre-stressed concrete dual carriage flyover

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