EU probes TikTok over breach of privacy
By Alex Omenye The European Commission has officially initiated proceedings to assess whether TikTok violated the Digital Services Act in multiple…
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Nigeria’s inflation may hit 44%, IMF warns
By Melvin Onwubuke The international Monetary Fund recent post-financing assessment report concerning Nigeria, paints a bleak picture of the country’s economic…
Lagos VIS to take action against Danfo, others
The Lagos State Vehicle Inspection Service has promised to concentrate its enforcement efforts on commercial yellow-branded buses in the state that are often…
Nigeria’s unemployment rate rises by 0.8% in Q3 2023
“In Q3 2023, the unemployment rate rose to 5.0%, a considerable increase. It was stated in a report on Monday that this…
Abuja DisCo demands N41.7bn debt payment from 86 MDAs
Eighty-six Federal Ministries, Departments, and Agencies have received a ten-day notice from Abuja Electricity Distribution Plc requesting payment of an astounding N41.7 billion…
No fraud found in Nigerian unit, says Olam Group
Singapore’s Olam Group has addressed concerns by announcing that its investigation team found no evidence implicating its Nigeria unit in an alleged…
Manufacturers, importers to stop supplying drugs to Kano market
The Pharmaceutical Council of Nigeria and the National Agency for Food and Drug Administration and Control have both issued a strong warning, requesting that all…
NBS names three countries with highest capital investment in Nigeria
In the fourth quarter of 2023, the National Bureau of Statistics reported that the United Kingdom, Mauritius, and the Netherlands emerged as…
FG reopens Lagos airport runway after 11-month repairs
The Federal Airports Authority of Nigeria has reopened the 3.9km Runway 18R/36L of the Murtala Muhammed International Airport, Lagos after almost 11…
2023 AFCON: CAF to hit $75m estimated revenue
This edition of AFCON lived up to expectations, fulfilling CAF President Patrice Motsepe’s optimism expressed during the opening ceremony that it would…
Naira closes at N1,537.96/$1 amid decline
The Naira witnessed a decline against the US Dollar in the official market, closing the week at N1,537.96/$1, amid persistent demand pressures…
NLC declares two-day warning strike
The leadership of the Nigeria Labour Congress has declared a two-day nationwide mass protest planned for February 27 and 28. Joe Ajaero,…