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http://ift.tt/2re4edL That would be another show of strength by EU Competition Commissioner Margrethe Vestager who slapped Apple Inc. with a 13 billion-euro ($14.5 billion) tax bill in August.JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / AFP As European Union officials count the days before their annual vacation, Google’s lawyers and lobbyists are hunkering down in Brussels, preparing for what may be a record EU antitrust fine. A penalty in the shopping-search probe could come within weeks and many expect it to exceed a $1.2 billion fine on Intel Corp. in 2009. That would be another show of strength by EU Competition Commissioner Margrethe Vestager who slapped Apple Inc. with a 13 billion-euro ($14.5 billion) tax bill in August. Google is a top priority case for her as European politicians and publishers push for action against the Mountain View, California-based company that’s come to dominate online advertising. “If there’s going to be a fine, it has to be the biggest ev...

http://ift.tt/2pkP2d8 Rev. Emmanuel O.S. Okereke For example, let John please Peter, and not himself. Let Pastor Phina pleases sister Joy and not herself, etc. That thing that pleases you, also please another person with it; that thing you feel comforts you, also comfort another with it; that thing that looks good on you can also look good on somebody else. Why would you give somebody cheap perfume, when you do not wear such? Note: if you give a man a gift and he is not pleased, you do not have a reward, because the reward only comes, when the gift permeates into his heart and brings out a new aura in him or her; that is when the reward searches out the ‘giver.’ There is noting in life and nature that lives for itself alone. For instance, rivers do not drink their water, rather, they are made available for others to drink, quench their thirst and be satisfied. Trees do not eat their own fruits, just like the sun does not give heat to itself, but gives heat to other people. The fl...

http://ift.tt/eA8V8J By Monsuru Olowoopejo LAGOS—Tears flowed in Badagry, Lagos, when the two victims of Otodo-Gbame community demolition, 45-year-old Elijah Avonda and 20-year-old Daniel Aya, were buried. The burial of the two victims came barely two months after Lagos State Government demolished the about 50-year-old community in Lekki, Eti-Osa Local Government. At the burial, weekend, hundreds of residents from slum communities in the state and friends of the victims, paid their last respects to both men. Avonda and Aya were allegedly killed by stray bullets during the  demolition of structures in the community by the state government. While Aya was buried at Muwo, Badagry West, Avonda was buried at Apa Kingdom. Some of the mourners, who accompanied the corpse to their separate home towns, broke down in tears when the victims were finally laid to rest. I lost my only source of joy— Avonda’s mother Speaking to Vanguard after the burial, Elijah Avonda’s mother, Blessing, ...

http://ift.tt/eA8V8J By Godwin Oritse THE Nigerian Export Promotion Council, NEPC, has thrown its weight behind the proposed export processing facility to be sited at Ijora in Lagos. The Chief Executive Officer of Nigerian Export Promotion Council (NEPC), Chief Olusegun Awolowo, has commended the management of Lilypond Container Terminal, Ijora for planning to establish the export processing and logistics facility at the terminal. Speaking at the opening ceremony of a conference themed: Provision of seamless logistics service as panacea for economic growth,” Awolowo, said that the government will support every effort that will reduce the cost of exportable Nigerian goods. Awolowo said that the government wants to sustain the progress so far recoded in the exportation of agricultural goods. Similarly, convener of the Conference, Mr Las Shobande, noted that there is a need to develop a seamless logistics chain that will make export business more profitable with a view to helping th...

http://ift.tt/eA8V8J By Peter Egwuatu AS part of effort to addressing the lull in the Nigerian capital market occasioned by the economic recession, the Chartered Institute of Stockbrokers, CIS, said it will engage the Minister of Finance and the Securities and Exchange Commission, SEC, on the 10-year Capital Market Master Plan (CMMP) in order to make the market more attractive to investors. A Board member of the CIS, Alhaji Umaru Kwairanga, who disclosed this to Vanguard said that the Institute empowered by Act 105 of 1992 (Laws of the Federal Republic of Nigeria) as the only body that has legitimate statutory powers to train and certify bona fide professionals in the securities and investment industry in Nigeria, has active interest in the development of its members and the market in general. To this extent, he said the Institute will engage the Minister of Finance,   Kemi Adeosun,   Director General of SEC, Mounir Gwarzo and other relevant government agencies over  ...

http://ift.tt/eA8V8J LAGOS—Nigerian indigenous aircraft charter operator, OAS Helicopters    has partnered the    United Arab Emirates helicopter company, Abu Dhabi Aviation, ADA, to provide Helicopter services to Nigeria oil and gas sector of the economy. This partnership was kick started, weekend with the arrival of ADA’s 15 Seater full offshore equipped helicopter AW-139 with registration number A6-AWH at OAS’ new Terminal   NAFBASE Airport, Port Harcourt . The ADA and OAS’ relationship had been undergoing technical and legal structuring since 2015. According to OAS Helicopters Managing Director and CEO, Capt Evarest Nnaji,    “ the practical kick off of the partnership, which is landmarked by the arrival and the physical presence of ADA crew and equipment, is one investment step the Nigeria aviation will enjoy moving forward, especially in the area of oil and gas aircraft support services”. “We looked at ADA’s capacity to play at the highe...

http://ift.tt/eA8V8J YOUTHS of Gbaramatu kingdom, Warri South West local government area, Delta state have described their Itsekiri neighbor’s call for renaming of the Nigerian Maritime University, NMU, Okerenkoko as a “practically inconsequential appeal for cheap recognition. The youths under auspices of Gbaramatu Youth Assembly were reacting yesterday to Itsekiri based Niger Delta Omega (NIDO) group’s call that the university be remained NMU, Okerenghigho over Itsekiri’s insistence that Okerenkoko, site of the varsity belongs to Omadino community of Itsekiri. Timiyan Jackson, National Coordinator, Gbaramatu Youth Assembly, in a statement said, “We do not want to join issues with our closest Itsekiri neighbors on very frivolous and trivial matters,   but we warn that utterances capable of impeding the existing peace enjoyed by both ethnic nationalities should be avoided. “Okerenkoko where the Maritime University is located is one of Gbaramatu kingdom’s oldest communities ...

http://ift.tt/eA8V8J Dayo Johnson Akure ANOTHER crisis is brewing  within the ruling All Progressives Congress, APC, in Ondo State as a vote of no confidence was yesterday passed on its state chairman, Hon. Isaac Kekemeke. The State Executive Committee, SEC, of the party which hammered the state chairman directed the Deputy state chairman, Ade Adetimehin  to step in. The Party’s Publicity Secretary, Abayomi Adesanya said  the chairman was axed for “failing to discharge his responsibilities, neglect and dereliction of duty, among other offences . Adesanya said, “The State Executive Committee of the All Progressives Congress (APC) in Ondo State, on this day, June 1st, 2017, unanimously passed a vote of no confidence on the State Chairman, Hon. Isaacs Kekemeke. According to Abayomi this was as a result of his failure “ to discharge his responsibilities, neglect and dereliction of duty, among other offences, in compliance with Article 21(D)(vi), of the Constitution of th...

http://ift.tt/2oq1mpv The Global Innovation Index (GII) 2016 has ranked Nigeria 114th out of 128 countries globally surveyed and considered to be innovating and thinking ahead.The 423-page document obtained by The Guardian, yesterday, showed that about 19 countries including Mauritius, South Africa, Morocco, Tunisia, Kenya, Rwanda, Malawi, Uganda, Tanzania, Ghana, among others in Africa are investing in innovation and are far ahead of Nigeria. Painfully, Nigeria is placed slightly above countries including Benin Republic, Burkina Faso, Niger, Cameroun, Zambia, Togo and Guinea in terms of innovation. The report, which claimed that Nigeria was performing below its level of development, said Kenya, Malawi, Mozambique, Rwanda, and Uganda stand out for being innovation achievers at least four times in the past five years. The GII puts Information and Communications Technology (ICT) access and use in Nigeria at 28.2 per cent and 18. 1 per cent respectively, with government’s online...

http://ift.tt/eA8V8J By Bose Adelaja O ne female passenger was injured, yesterday, on Lekki/Epe Expressway in multiple accidents involving an Honda car, Hilux van and a bus. It was gathered that the incident occurred at about 6a.m. at Igbo-Efon inward Lekki, when the driver of the commercial bus was trying to outsmart his colleagues, but lost control in the process and rammed into the Honda car, with number plate MUS 549 BP . An eyewitness said due to speeding, the driver of the Hilux van equally rammed into both vehicles, causing more damages to the vehicles. All the passengers were said to have disembarked from the bus scampering for safety. The eyewitness said on noticing what transpired, the Hilux van driver made a U-turn to escape the scene, but did not go far before the vehicle somersaulted twice, followed by a shout for help. The intervention of men of Lagos State Transport Management Authority LASTMA; Nigeria Police Force and other stakeholders prevented the situation f...

http://ift.tt/eA8V8J ABUJA— Supreme Court judge, Justice Kumai Bayang Aka’ahs, has said treasury looters should be barred from running for office for some years. He also advocated the use of plea-bargain in the fight against corruption, saying it will help the country’s economy. Speaking at the annual lecture of the International Dispute Resolution Institute, IDRI, in Abuja, Saturday, Aka’ahs said the approach would save the country a lot of money. He said: “I think in the long run, instead of having so many people behind bars, it will help our economy if they return what they have stolen. We can tell them to go and sin no more. Then if they repeat, they will be sanctioned. “Most of those who steal these funds do so because they want to run for governorship or such other positions. If they know that they will be barred for some time, they will be deterred. I think we need a wider understanding of the concept of plea bargaining,” said Mr. Aka’ahs. Speaking at the event, Lindsay J...