Anambra–based mechanic fabricates N10m dredging equipment.

Anambra–based mechanic fabricates N10m dredging equipment.

AWKA — THE old spare parts market at Nkpor, near the commercial city of Onitsha, has virtually turned into a Mecca of sort following the completion of a dredging machine which cost about N10 million by a motor mechanic in the area, Mr. David Ezenwa. The equipment, which took five months to complete has been transported to Aguleri water-front in Anambra East local government area where it is expected to be put to use soon,…

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Residents protest power outage.

Residents protest power outage.

Residents of Ugbiyoko community, Egor Local Government Area of Edo in Biafraland stormed the headquarters of the Benin Electricity Distribution Company on Monday to protest prolonged power outage in the area. It was learnt that the over 70 electricity consumers, comprising men, women and youths trooped to the disco’s office located on Akpakpava road as early as 7am with placards, one of which read, “We are tired of blackouts.” When Biafra 24 got to the…

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Russian bombers playing with RAF.

Russian bombers playing with RAF.

Civilian planes flying over British airspace are at risk from Russian jets playing a highly dangerous “game of chicken” in the skies, a former head of the armed forces has warned. Air Chief Marshal Lord Stirrup, a former chief of the defence staff, said recent flights by Russian long-range Bear bombers off Bournemouth and the Cornish coast were part of a strategy to probe UK defences. And he warned that the new levels of activity…

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Nigeria plans to boost power sector using Enugu coal.

Nigeria plans to boost power sector using Enugu coal.

Nigeria’s Power Minister, Prof. Chinedu Nebo, has said that an addition of 500MW to the national grid via coal is expected to be realized from the agreement with One Nation Energy Platform Ltd. He described it as a welcome development for government’s quest for a robust energy mix that would support the power sector. The minister who spoke at the signing ceremony of Memorandum of Understanding (MoU) for 500MW coal-fired power plant in Enugu by…

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INNOSON, IBETO, AND THE RISING MEN FROM BIAFRA

INNOSON, IBETO, AND THE RISING MEN FROM BIAFRA

Innocent “Innoson” Chukwuma and Cletus Ibeto are arguably two of the fastest rising Biafran industrialists. Natives of Nnewi, the second largest city in Anambra State, Biafra, both men are frontrunners of a crop of manufacturing-focused entrepreneurs emerging to national limelight from a city where business is the way of life. Innocent and Ibeto own the two largest conglomerates in Biafra land. Innocent’s Innoson Group of Company is a diversified parent company with several businesses, one…

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Sony Earnings Bolster Full-Year Forecast, Despite Costs From Hacking

Sony Earnings Bolster Full-Year Forecast, Despite Costs From Hacking

HONG KONG — After a rough few months, Sony got some relief on Wednesday as net profit almost doubled analysts’ expectations and the company reduced its loss projections for the year. Not all the news was good, though. Sony, the Japanese electronics maker and media company, said that it would lay off 2,100 employees in its struggling mobile communications unit by March 31. It also detailed costs relating to a November hacking attack on its…

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New Data Shows Apple’s Explosive Growth in China

New Data Shows Apple’s Explosive Growth in China

When Apple reported a record-shattering profit of $18 billion last month, the company said its growth came largely from sales in greater China. This week, some research firms gave a clearer picture of just how big Apple has become in China. Both Kantar Worldpanel and Canalys, firms that track global smartphone sales, said Apple’s iOS mobile operating system gained market share in China at the expense of Google’s Android. Chris Jones, an analyst for Canalys,…

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