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EFCC defends Osun account freeze, cites N11bn probe

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Osun to sue EFFC over frozen account

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US introduces $250,000 visa bond rule for some applicants

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Delta attracts foreign investors as Brazil, Malaysia, explore partnerships

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Dropbox faces investor pressure to end founder control
News Tech

Dropbox removes unlimited plan for users

Dropbox is eliminating its unlimited plan because some users were exploiting it for activities like Bitcoin mining, pooling storage for personal use cases, and even reselling storage. Customers who purchase a Dropbox Advanced plan with three active licences will now receive 15TB of storage capacity shared by the team, according to a new modification. This […]

Oil and Gas

Oil, gas contributed 5.34% to Nigeria’s GDP – Report

Nigeria’s oil and gas sector generated only 5.34% of the country’s Gross Domestic Product. Its contribution was lower than in the equivalent time of 2022 and the previous quarter, 6.33% and 6.21%, respectively. This is according to the most recent GDP data, which the National Bureau of Statistics released on Friday, August 25. According to the NBS […]

YouTube music to support subscribing to podcasts via RSS
News Tech

YouTube music to support subscribing to podcasts via RSS

YouTube product head Steve McLendon has revealed the platform will be rolling out support for RSS uploads for podcasters by the end of the year, among other upgrades. The new functionality has been under beta testing since the beginning of the year. Prior to this announcement, the company only offered its music streaming service in […]

Patricia CEO releases statement on token conversion
News Tech

Patricia CEO releases statement on token conversion

The CEO of the cryptocurrency exchange Patricia, Hanu Fejiro, has issued a statement to set the record straight regarding the conversion of funds in the Patricia wallet to Patricia tokens. In a statement to an exclusive community, Fejiro stated that $PTK release was mainly misinterpreted. According to him, Patricia Token was given to clients to […]

FG urges govs to justify use of subsidy removal savings
News

FG to relaunch national tax amnesty

Federal Government to reintroduce national tax amnesty system according to a statement issued on Thursday. The Punch reported that the Ministry of Finance’s Director of Press and Public Relations, Stephen Kilebi, signed the statement. It was revealed that the Chairman of the Committee, Mr. Taiwo Oyedele, made a list of some anticipated deliverables during a two-day retreat […]

Trump returns to X, uploads mugshot
News Tech

Trump returns to X, uploads mugshot

The former president, Donald Trump has made a comeback to the social networking platform X, formerly known as Twitter, on Thursday, with a post that included a photo of his booking photo from the Fulton County Jail in Georgia earlier in the day. With his message for funds, Trump regained direct access to the public […]

Mastercard forecasts 6% rise in Nigeria's diaspora remittance
News Tech

Mastercard cuts ties with Binance

Mastercard and cryptocurrency exchange Binance will discontinue their four crypto card programmes in Argentina, Brazil, Colombia, and Bahrain, from September 22, Earlier on Thursday, the exchange’s customer care account on X, formerly known as Twitter, said that the card “will no longer be available to users in Latin America and the Middle East.” By using […]

Nigerian, UK firms partner to grow travel, hospitality sectors
Business

Nigerian, UK firms partner to grow travel, hospitality sectors

Three companies—MALL Of Fame Nigeria, TLC Harmony London, and Transcorp Hilton Hotels Plc have declared their intention to support the development of the tourism and hospitality industries in Nigeria. According to The Punch, among the other partners who have approved the upcoming Reset Summit Nigeria/UK are former officials of the United Nations World Tourism Organisation and the […]

Ondo partners FG to boost internally generated revenue
Business

Ondo partners FG to boost internally generated revenue

Juliet Buna Ondo State Government said it would form a collaboration with some Federal Government revenue generating agencies as part of its efforts to boost its Internally Generated Revenue. The state Commissioner for Finance, Mr Wale Akinterinwa has earlier revealed that the state has improved on its IGR from annual N6billion of the past administration […]

Why Nigeria must embrace renewable energy - NBCC
Energy

Why Nigeria must embrace renewable energy – NBCC

Nigeria’s switch to renewable energy, according to the Nigerian-British Chamber of Commerce, is “no longer a choice but a must.” The Punch reported that this claim was made on Thursday in Lagos at the Renewable Energy Roundtable conference with the theme “Renewable Energies: Innovation, Transition, Opportunities and Challenges.” The President and Chairman of the NBCC Council, […]

Nigeria’s leading internet service providers are experiencing a steady decline in subscriber numbers, as new data from the Nigerian Communications Commission
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Nigeria ranks 11th globally for internet penetration – NCC

Nigeria was ranked eleventh worldwide in terms of Internet penetration and seventh in terms of mobile phone usage, according to data released by the Nigerian Telecommunications Commission on Thursday. This was mentioned during the opening ceremony of the two-day Emerging Technology Forum for the Telecommunications Industry in Abuja by Executive Vice Chairman of the Nigerian […]

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