Court orders NUC, Airtel to Pay Media Outfit N703m for Copyright Infringement

BusinessLaw & JusticeNewsNigeriaCourt orders NUC, Airtel to Pay Media Outfit N703m for Copyright Infringement

PilotnewsMay 6, 2020

Justice Inyang Ekwo of a Federal High Court, Abuja, on Wednesday ordered the National Universities Commission (NUC) and Zain Nigeria Ltd (now Airtel) to pay N703 million in damages to a media company, TV Xtra Production for copyright infringement. Delivering judgment, Justice Ekwo, held that the actions of the defendants contravened the Copyright Act. TV Xtra Production’sChief Executive Officer( CEO ) and General Editor Arise News, Christian Ogodo, had designed and registered a quiz programme,...

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Nigerian Oil Bid Rounds, Upstream Projects Delayed Due to Price Crash – officials

BusinessNewsNigeriaNigerian Oil Bid Rounds, Upstream Projects Delayed Due to Price Crash – officials

PilotnewsMay 6, 2020

LAGOS  – Nigeria will not hold bidding rounds for major oilfields until crude prices recover, and some upstream projects will be completed much later than originally planned, officials said in a web conference on Tuesday. Nigeria, Africa’s largest oil producer, is grappling with a significant drop in oil prices and a collapse in global fuel demand caused by lockdown measures aimed at containing the new coronavirus. The delay in some licensing rounds cut the country’s...

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Taraba Community Urges Government to Probe Shomo/Jole Fishing Pond Conflicts

BusinessCrime & SecurityNewsNigeriaTaraba Community Urges Government to Probe Shomo/Jole Fishing Pond Conflicts

Ibrahim Abdul' Aziz (Correspondent)May 6, 2020

The Jole Community Development Association in Lau Local Government Area of Taraba has urged the state government to set up Judicial Commission of Inquiry to determine the actual ownership of the fish ponds in dispute that has continued to cost the lives of citizens over the years. The call was coming on the heels of the recent clashes between Shomo and Jole communities in Lau Local Government which claimed the lives of at least 25...

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COVID-19: Video Conferencing App Zoom Tops Download Charts in February and March: Report

BusinessCoronavirusTechnologyCOVID-19: Video Conferencing App Zoom Tops Download Charts in February and March: Report

PilotnewsMay 5, 2020

With more and more people working from home due the novel coronavirus pandemic, video conferencing tool Zoom Cloud Meetings topped download charts globally throughout February and March, according to data from app analytics platform App Annie. Zoom offers video and screen sharing for up to 100 people. With increased demand for collaboration tools amid COVID-19 shutdowns, Google has opened up its premium paid features of Hangouts Meet for free, ZOOM is offering K-12 students free access and...

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COVID-19: Poultry Farmers Decry Egg Glut

BusinessCoronavirusNewsNigeriaCOVID-19: Poultry Farmers Decry Egg Glut

PilotnewsMay 4, 2020

Poultry farmers in Plateau have decried the rate of egg glut in the state and country at large because of the outbreak of Coronavirus (COVID-19) pandemic. Mr Sunday Rogo, the state Vice Chairman of the Poultry Association of Nigeria (PAN), said this in an interview with the News Agency of Nigeria (NAN) on Monday in Jos. He told NAN that poultry farmers were floating the market with eggs without available buyers, hence making the farmers...

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Illegal Mining: Task Force Arrests 17 Chinese, 10 Locals in Osun

BusinessCrime & SecurityNigeriaIllegal Mining: Task Force Arrests 17 Chinese, 10 Locals in Osun

PilotnewsMay 3, 2020

The Osun Joint Task Force charged with fighting assorted crimes, has apprehended 27 persons suspected to be illegal miners in the state. Mr. Abdullahi Binuyo, the Deputy Chief of Staff to Gov. Gboyega Oyetola, who disclosed this on Sunday in Osogbo, said that the suspects comprised of 17 Chinese nationals and 10 locals. Binuyo said that the suspects were arrested following a coordinated sting operation in Ilesa and Ife areas of the state. The official...

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Pakistani Govt. Allocates 50bn Rupees to Pay 3-Month Electricity Bills of SMEs

BusinessCoronavirusWorld NewsPakistani Govt. Allocates 50bn Rupees to Pay 3-Month Electricity Bills of SMEs

PilotnewsMay 2, 2020

The Pakistani government has allocated 50 billion rupees (about $309.2 million) to pay three-month electricity bills of small and medium-sized enterprises (SMEs). This is in a bid to support traders in mitigating their financial loss in COVID-19 outbreak and subsequent lockdown, local media reported Friday. Realising the woes of the SMEs, the government has allocated the money to provide relief in electricity bills, local daily the News quoted the country’s Minister for Industries and Production,...

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Why Atiku’s Gotel Comm Sacks Staff – GM El Yakubu

BusinessNewsNigeriaTV & RadioWhy Atiku’s Gotel Comm Sacks Staff – GM El Yakubu

Ibrahim Abdul' Aziz (Correspondent)May 1, 2020

Amidst controversy, the management of Gotel Radio and Television owned by the former Vice President Atiku Abubakar has clarified the rationale behind the sacking of  54 staff of the station. Gotel communications comprises of TV Gotel, Radio Gotel, and Gotel FM. Responding to the rationale, the General manager of the media conglomerate Muhammad El-Yakub said that ” The rationalization of staff at Gotel Communications Limited, a company under the umbrella of Priam Group, is a...

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Lockdown: ABCON Excited to Resume Operations

BusinessMoneyNigeriaLockdown: ABCON Excited to Resume Operations

PilotnewsApril 30, 2020

The Association of Bureau De Change Operators of Nigeria (ABCON) on Thursday said it had sensitised its members and put in place key measures and actions for COVID-19 prevention and control in readiness to resume operations. Alhaji Aminu Gwadabe, President, ABCON, told the News Agency of Nigeria (NAN) in Lagos that operators were happy about arrangements by the Central Bank of Nigeria (CBN) to resume sales of foreign exchange to BDCs. He said the five...

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Shell Cuts Dividend for First Time Since 1940s as Oil Demand Collapses

BusinessCoronavirusWorld NewsShell Cuts Dividend for First Time Since 1940s as Oil Demand Collapses

PilotnewsApril 30, 2020

Royal Dutch Shell RDSa cuts its dividend for the first time in 80 years and suspended the next tranche of its share buyback programme following the collapse in global oil demand due to the coronavirus pandemic. Chief Executive Ben van Beurden said this in a statement issued on Thursday in London. “Given the continued deterioration in the macroeconomic outlook and the significant mid and long-term uncertainty, we are taking further prudent steps to bolster our...

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