CBEX: Nigerians Fear Savings Lost As Investment App Locks Them Out
Frustrated Nigerians are taking to social media to express their outrage over being locked out of their accounts on the digital financial platform, CBEX. Many
BUA Group Chairman, Abdulsamad Rabiu Rejects Appointment To Tinubu's Finance Committee
The chairman of BUA Group, Abdulsamad Rabiu, has declined the nomination to join the finance committee established by the All Progressives Congress (APC). Accor
IMF To Provide $2.77 BN ‘Unconditional’ Funds To Pakistan This Nonth
The International Monetary Fund (IMF) will provide $2.77 billion "unconditional" funds to Pakistan this month after the Imran Khan government agreed to address
Google Agrees To Advertising Changes After €220M French Antitrust Fine
PARIS — Big Tech's advertising technology business took another antitrust hit on Monday. France's competition authority fined Google €220 million for abusin
Internet ‘Black Holes’ Spur A New Fight Over Broadband
Difficulty, however, remains substantial for nonprofit efforts, a scale challenge that existing commercial telecom providers will frequently emphasize. Right no
Controversy As Two Iyalojas Emerge In Oyo
The recent emergence of two Iyalojas in Oyo State has begun to stir up controversies. The battle over the control of market men and women in the state continues
Soaring Profits: How Nigerian Banks Defied COVID-19 Lockdown
An analysis by Chinyere Joel-Nwokeoma, NAN The year 2020 will remain indelible in the annals of history due to the impact of the COVID-19 pandemic on the world.
Telcos To Block Millions From Mobile Banking Over Banks Debt
Telephone companies in Nigeria have threatened to suspend USSD services over indebtedness by banks. Millions of Nigerians use the shortcode platform to access b
NAFDAC Gives Nod To 14 COVID-19 Herbal Medicines
The National Agency for Food and Drug Administration and Control (NAFDAC) has said that 14 COVID-19 herbal medicines have now been listed for use in country. Sp
Cattle Dealers To Embark On Strike Over Killings Of Members
The Amalgamated Union of Food and Cattle Dealers of Nigeria (AFUCDN), has given the Federal Government till February 24 to address their demands or face total w
NERC Denies 50% Increase In Electricity Tariff
The management of the Nigerian Electricity Regulatory Commission, NERC, has denied reports that there has been a 50 per cent increase in electricity tariff. NER
Arik Air Declares 300 Workers Redundant
The management of Arik Air has sacked 300 workers amid the COVID-19 pandemic. This was contained in a statement issued on Friday by the airline's spokesman, Ade
Nigeria To Resume Fuel Imports From Niger Republic
Nigeria, Africa's biggest oil producer, is set to resume the importation of petroleum products from a neighbouring country, Niger Republic. The Ministry of Petr
US Deadline To Sell TikTok Extended To Nov 27
WASHINGTON – US authorities have given the Chinese owner of TikTok two additional weeks to divest the social media sensation in order to resolve national secu
Lawyers File Lawsuit Against NBC Over ‘Punitive Fines’ Against Arise TV, Channels And AIT
Some Nigerian lawyers under the aegis of Digital Rights Lawyers Initiative (DRLI), have filed a suit against the National Broadcasting Commission over the alleg
TikTok Seeks To Block Second Round Of US Restrictions
TikTok Inc. asked a federal judge to block a broad set of government restrictions designed to curb use of the Chinese-owned video-sharing app in the US, less th
More Companies Delay Return To Office To Keep Workers Safe
A growing number of employers in the United States are delaying return-to-office dates once again, to the summer of 2021 at the earliest, with the coronavirus s
Musk's SpaceX Wins Pentagon Award For Missile Tracking Satellites
Elon Musk's SpaceX won a US$149 million (S$203 million) contract to build missile-tracking satellites for the Pentagon, the US Space Development Agency (SDA) sa
Former Chinese Diplomat Worked On TikTok Content Policy, FT Says
A previous Chinese government official decided what content should be allowed on TikTok, the Financial Times reported, citing two people close to the short-vide
Chevron To Sack 25 Per Cent Of Nigerian Workforce
"CNL supports the Federal Government in its objectives and efforts to build a prosperous Nigeria. In the area of employment generation, the company has several