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EFCC arrests 792 in major fraud bust
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Court orders final forfeiture of NOK university to FG

A Federal High Court in Abuja has ordered the final forfeiture of NOK University, Kaduna State, along with all its assets, to the Federal Government. The ruling was delivered on Friday by Justice Joyce Abdulmalik in response to a motion filed by the Economic and Financial Crimes Commission against Anthony Hassan and KYC Inter-Project Limited. […]

LinkedIn faces lawsuit for allegedly training AI with private messages
News

LinkedIn disables targeted ads tool, complies with EU regulation

Microsoft’s LinkedIn has discontinued a tool that allowed it to use sensitive personal data for targeted advertising to comply with EU online content regulations, the social media platform announced on Friday. This decision followed a complaint by civil society organizations to the European Commission, which oversees tech regulations for the 27-country bloc. Under the Digital […]

Domestic airfares in Nigeria surge by 19% in one year - NBS
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Domestic airfares in Nigeria surge by 19% in one year – NBS

The average fare for domestic air transportation in Nigeria has increased by 19%, reaching N89,189.19 in April 2024, up from N74,947.30 in April 2023. This data is part of the National Bureau of Statistics (NBS) Transport Fare Watch for April 2024. Month-on-month, the April 2024 fare was 0.25% higher than the N88,964.86 average recorded in […]

News

FG launch revised national policy on food safety

The Federal Government has announced the revision of the National Policy on Food Safety and Quality, as well as the formation of four technical food safety working groups. This was disclosed by the Coordinating Minister of Health and Social Welfare, Prof Ali Pate at the event, marking the 2024 World Food Safety Day on Friday, […]

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Introduce additional tax on sweetened beverages, CAPPA urges FG

Corporate Accountability and Public Participation Africa has urged the Nigerian government to levy an extra tax on sugary beverages. This was disclosed in a statement by the Media and Communications Officer of CAPPA, Robert Egbe on Friday in commemoration of this year’s World Food Safety Day, theme “Food safety: prepare for the unexpected,” according to […]

MultiChoice denies DStv, GOtv subscription prices claims
News

Multichoice to appeal court ruling on N150m fine, free subscription

Multichoice Nigeria has announced that it will appeal Friday’s verdict by the Competition and Consumer Protection Tribunal, CCPT, which imposed a N150 million fine for contesting the court’s jurisdiction. This follows the ruling of the Competition and Consumer Protection Tribunal for contesting the court’s jurisdiction, which fined Multichoice Nigeria N150 million for disregarding its orders. […]

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AfDB, Intel partner to transform Africa digital ecosystem

The African Development Bank and technology giant Intel have formalized their cooperation to transform the African digital ecosystem. The African Development Bank and The IT behemoth Intel have formalized their partnership to revolutionize the continent’s digital landscape. The collaboration intends to provide 30,000 government personnel and 3 million Africans with AI skills. According to a […]

News

CBN, IFC partner to develop strategies on private sector growth

The Central Bank of Nigeria, the members of the World Bank Group, and the International Finance Corporation have partnered to develop strategies for bolstering the expansion of the private sector in Nigeria. This disclosure was made by the CBN via its official X account on Thursday. This follows the visit of the IFC delegation led […]

MultiChoice denies DStv, GOtv subscription prices claims
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Multichoice fined N150m over DSTV, GOtv price hike

Multichoice Nigeria has been fined N150 million by the Competition and Consumer Protection Tribunal for contesting the court’s jurisdiction. Additionally, the business was directed to give Nigerians a complimentary one-month subscription to both DStv and GOtv. The tribunal had already barred Multichoice from increasing membership rates without providing the required notice, according to TVC. This […]

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Nigeria’s economy to hit $1.85tn in five years – IMF

The International Monetary Fund has projected that by 2029, Nigeria’s Purchasing-Power-Parity-based GDP share of the world economy will be 0.78 per cent. This is a minimal increase from 0.77 per cent in 2023, suggesting that the economy of the nation is growing steadily, according to The Punch. In addition, the Fund projected that Nigeria’s economy […]

News

FG unveils revamped Lagos to Kano rail line

The Federal Government has reopened the train route that connects Lagos and Kano after undergoing repairs. This was disclosed by the Minister of Transportation, Saidu Alkali via his official X handle on Thursday. Alkali posted “I am delighted to announce to Nigerians that today, June 6, 2024, the Federal Government led by President Bola Ahmed […]

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