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Workers knocks govs over N2.2tn loans from banks

Findings have revealed that the state governments across the federation are owing commercial banks the sum of N2.2tn. According to data from the Central Bank of Nigeria’s quarterly statistical bulletin obtained by PUNCH, states and LGAs owing banks a total of roughly N2.21 trillion as of March 2023. The aforementioned represents a significant […]

oamudipepdnlimited-com
24th July 2023
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360 Views

FBN Insurance targets 1m customers in one year

Business featured

Prepare for unexpected challenges, First bank urges SMEs

By Wilson Adekumola FirstBank of Nigeria Limited has called on Small and Medium Enterprises to build sustainable revenue base in naira and foreign currencies for their businesses against unexpected business challenges. The bank’s Group Head of Retail Banking, Oludolapo Adigun, gave this urge during a webinar under the SMEConnect initiative dubbed, ”The Power […]

aadelekepdnlimited-com
24th July 2023
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230 Views

News

Africa’s second richest man Rupert’s net worth hits $13.3bn

Africa’s second richest man, Johann Rupert, is off to a good start this week, with a net worth of $13.3 billion. According to Bloomberg, the CEO of the Swiss luxury goods company Cie Financiere Richemont, Johann Rupert, had a significant rise in his net worth, which increased by roughly $129 million (up by 1.0%) as a result of […]

bfatoyepdnlimited-com
23rd July 2023
32 Comments
13.55K Views

Jeff Bezos sells 50 million Amazon shares

News

Jeff Bezos’ ex-wife becomes $10.5bn richer

Estimates by the Forbes billionaire index reveal that MacKenzie Scott, the wealthy ex-wife of the third richest person in the world, Jeff Bezos, has increased her net worth by $10.5 billion. According to Nairametrics, MacKenzie’s projected net worth was listed at $24.4 billion as of April 7, 2023, in a previous study on the wealthiest women in […]

bfatoyepdnlimited-com
23rd July 2023
0 Comments
281 Views

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations

Business

Why SERAP sued CBN over KYC social media policy

The Central Bank of Nigeria is being sued by the Socio-Economic Rights and Accountability Project over its proposed Know-Your-Customer social media policy. SERAP’s attorneys, Mr. Kolawole Oluwadare and Ms. Blessing Ogwuche filed the lawsuit on behalf of the organization, alleging “the failure to delete the patently unlawful provisions in the Central Bank of Nigeria (Customer Due Diligence) […]

bfatoyepdnlimited-com
23rd July 2023
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274 Views

Apple explores using 3D printers to create smartwatches

News Tech

Apple uses AI chatbot internally – Report

Apple is utilising an internal chatbot to assist its staff in “prototyping future features, summarising text, and answering questions based on data it has been trained with” according to Bloomberg’s Mark Gurman in Power On. Although Apple is still unsure of its customer-facing plans for the Apple GPT chatbot project, Gurman’s article provided some insight […]

aomenyepdnlimited-com
23rd July 2023
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226 Views

Aviation

Abuja Airport: FAAN to effect new toll fare tariff August 1

The Federal Airport Authority of Nigeria has shifted the date to effect new tariff toll fare at the Nnamdi Azikiwe International Airport from July 17 to August 1. According to a statement signed by the FAAN Management on Sunday in Abuja, the postponement was to make the airport users enjoy more of the current […]

aadelekepdnlimited-com
23rd July 2023
0 Comments
292 Views

Smart TVs will eventually offer X's Long-Form Videos - Elon Musk

News

Elon Musk dethroned as world’s richest man

The 52-year-old CEO of Tesla, Elon Musk, has lost his title as the richest person in the world, according to data from the Forbes billionaire index. With an astounding net worth of $237.3 billion as of the most recent report, his longtime rival and rival on the Forbes Billionaire index, Bernard Arnault, has taken over the […]

bfatoyepdnlimited-com
23rd July 2023
0 Comments
348 Views

Lagos bans night construction, sets 6pm deadline for daily work

News

Lagos explains real reasons behind destruction of Alaba market buildings

The Lagos State Government has noted that the recent demolition of dilapidated buildings in Ojo Local Council’s Alaba International Market wasn’t done to witch-hunt anyone or buy land; rather, it was done to protect lives. With accusations of a witch hunt against a specific ethnic group in Lagos state, the exercise that was conducted last […]

bfatoyepdnlimited-com
23rd July 2023
0 Comments
231 Views

News

United Airlines records $14.2bn revenue Q2 2023

In the second quarter of 2023, United Airlines experienced a notable increase in its operating revenue, which rose by 17.1 percent to reach $14.2 billion. This growth can be compared to the corresponding period in 2022. The company’s financial results were disclosed in a statement, which revealed quarterly earnings per share of $3.24 […]

oamudipepdnlimited-com
23rd July 2023
0 Comments
362 Views

Business featured

Twitter to pay verified users for profile views – Musk

Elon Musk, the owner of Twitter, has stated that as part of an expansion of the microblogging service’s monetization program, users would soon be paid for the advertisements that appear when other users read their profiles. However, Musk claims that this deal is only available to confirmed users. The Twitter CEO said that the new […]

bfatoyepdnlimited-com
23rd July 2023
0 Comments
292 Views

News Tech

Elon Musk to change Twitter logo

Twitter CEO, Elon Musk Sunday stated he was looking to change Twitter’s logo. “And soon we shall bid adieu to the Twitter brand and, gradually, all the birds.” He tweeted. The social networking platform’s billionaire owner added in a post on the website at 12:06 a.m. ET (0406 GMT): “If a good enough X logo […]

aomenyepdnlimited-com
23rd July 2023
0 Comments
244 Views

Nigeria remains under US visa bond programme, travellers

US urges Americans to leave Middle-East as Iran

AfCFTA chief urges Africa to prioritise value addition

EU to hold emergency border talks as 50,000

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Workers knocks govs over N2.2tn loans from banks

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