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Tag: EU

Tech

Apple, Meta fined €700m for breaching EU antitrust rules

The European Union on Wednesday imposed major fines on Apple and Meta for violating the bloc’s digital competition rules. The European Commission, the EU’s executive branch, fined Apple €500 million ($571 million), and Meta €200 million ($228.4 million) for breaching the Digital Markets Act, which aims to promote fair competition and limit the dominance of […]

EU rules out fee for tech giants under digital markets act
News

EU eyes US gas, renewables to cut Russian energy reliance

The European Union plans to secure more gas from suppliers like the U.S. while accelerating renewable energy expansion to reduce its dependence on fossil fuels. Despite cutting Russian pipeline gas imports after Moscow’s 2022 invasion of Ukraine, the EU increased its purchases of Russian liquefied natural gas last year. It aims to fully phase out […]

EU rules out fee for tech giants under digital markets act
News

EU explores hydropower generation project in Plateau

The European Union announced on Monday that it is exploring the possibility of establishing a hydropower generation site at Asso Falls in Plateau State. This was revealed by the Head of Green and Digital Economy, Inga Stefanowicz, at the EU Delegation to the state to assess the Asso falls. The hydropower project, expected to generate […]

EU rules out fee for tech giants under digital markets act
News

EU to tighten food import rules on banned pesticides

The EU plans to impose new restrictions on imported food treated with pesticides banned in the bloc. This move addresses European farmers’ concerns about unfair competition, as they must comply with stricter regulations while imports often do not. The European Commission plans to introduce a rule preventing the reentry of hazardous pesticides banned in the […]

News

EU, Germany launch initiative to boost renewable energy funding in Nigeria

The European Union and Germany have launched GET.invest Nigeria to boost renewable energy investments and expand electricity access, especiallyv in rural areas. Announced in Lagos on Tuesday, the initiative aims to support Nigeria’s energy transition through sustainable financing. At the launch, the Team Leader for Green and Digital Economy at the EU Delegation to Nigeria […]

EU rules out fee for tech giants under digital markets act
News

EU partner Nigeria on digital expansion, e-governance development

The European Union has announced its collaboration with Nigeria to develop an electronic governance system and expand digital infrastructure. The head of the EU delegation to Nigeria and ECOWAS, Massimo De Luca, disclosed while addressing journalists on Thursday during Eurocham’s 25th annual stakeholders conference in Lagos. De Luca stated that the EU aims to enhance […]

ECOWAS launches $906,205 aid for 2022 flooded Nigerian communities
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EU gives Nigeria extra €5m for humanitarian crisis 

The European Union has announced a significant boost to its humanitarian assistance in Nigeria, with an additional €5 million allocated to address critical food insecurity and displacement issues. This latest funding increase, revealed in a statement on Monday, August 26, 2024, raises the EU’s total humanitarian support for seven West African countries to €160.6 million […]

EU antitrust boss warns Apple, Meta over new fees
News

EU antitrust boss warns Apple, Meta over new fees

EU antitrust chief Margrethe Vestager cautioned Apple and Meta on Tuesday regarding their new service fees, suggesting that such fees could impede users from benefiting fully from the Digital Markets Act, designed to enhance consumer choice. Apple’s recent fee adjustments, announced in January to comply with EU tech regulations, have drawn scrutiny, particularly the introduction […]

Customs partners EU to streamline trade, documentation
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EU delegation to embark on four-day visit to Nigeria

By Alex Omenye   The delegates from the Council of European Union’s Africa Working Group have initiated a four-day visit to Nigeria, landing in Abuja. Scheduled from 26th to 29th February 2024, their agenda encompasses discussions with Nigerian officials, governmental bodies, civil society organizations, and representatives from regional, international, and private sectors in both Abuja […]

EU probes TikTok over breach of privacy
News

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 areas, including the protection of minors. “The compliance with the DSA obligations related to the assessment and mitigation of systemic risks, in terms of actual or foreseeable negative effects stemming from the design […]

EU to criminalize AI-generated porn images, deepfakes
Tech

EU to criminalize AI-generated porn images, deepfakes

The European Council and Parliament have moved to combat certain forms of cyberviolence which was proposed in 2022. The new regulations, which might serve to discourage revenge porn, would make it illegal to share private photos without consent, including deepfakes created by AI systems. Criminal charges will also be applied to cyberstalking, internet harassment, misogynistic […]

EU invests €3bn, generates 160,000 jobs in Nigeria yearly - Ambassador
Economy

EU invests €3bn, generates 160,000 jobs in Nigeria yearly – Ambassador

The European Union Council is reaffirming its commitment to a strong collaboration with the Nigerian government by investing over €3 billion yearly and creating 160,000 jobs in Nigeria. The European Union’s ambassador to Nigeria and the Economic Community of West African States, Samuela Isopi, revealed this during her keynote speech at the annual meeting of […]

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