E-Naira Is More Reliable Than Cryptocurrency: CBN
The Central Bank of Nigeria has said that the eNaira is more reliable than cryptocurrencies. The CBN Director of Corporate…
Author: akintunde
China Government: 38 Apps To Rectify Excessive Collection Of Personal Information
China’s government on Wednesday ordered 38 apps from a number of companies including social media giant Tencent Corp to rectify what…
China Disagree With U.S. Revocation Of China Telecom Licence
China “resolutely opposes” Washington’s revocation of China Telecom Corp Inc’s. licence to operate in the United States, the information ministry said…
Alphabet Plans To Reopen Google News Service In Spain
Alphabet said on Wednesday it plans to reopen its Google News service in Spain ‘soon’ after the government passed new legislation…
Facebook Parent Meta Platforms Will Invest In New Zealand To Boost Digital Capabilities
Facebook parent Meta Platforms Inc. said on Thursday it would invest in New Zealand to promote up and coming news…
Tencent Holdings Progresses On Chip Production
Chinese technology giant Tencent Holdings, touted progress in semiconductor chip development and investment on Wednesday, offering a rare public glimpse…
62 Billion Yuan Spent Using China’s New Digital Currency
Some 140 million people had opened “wallets” for China’s new digital yuan as of October and used it for transactions…
NNPC Rule Out Hike In Pump Price Of Products
The Nigerian National Petroleum Corporation has admitted that there are pricing issues at some petrol depots in the country but…
First Bank Launch Digital Centre
First Bank of Nigeria Limited has announced the launch of its fully automated branch, called the FirstBank Digital Experience Centre.…
Nigeria States Made N2.33 Trillion From PAYE In Three Years
The 36 states in Nigeria and the Federal Capital Territory earned N2.33tn from Pay As You Earn in three years,…
Amid Covid-19 Outbreak Nigerians Banks Closed 234 Branches And 649 ATMs In 2020: IMF
The International Monetary Fund (IMF) says Nigerian banks closed 234 branches and 649 automated teller machines (ATMs) in 2020 amid…
ByteDance Founder Resign As It’s Chairman
ByteDance founder Zhang Yiming has stepped down as chairman, as the company continues to reorganize its business. ByteDance owns TikTok,…
CBN And SEC Sanction Five Banks For Various Infractions
The Central Bank of Nigeria and the Securities and Exchange Commission have sanctioned five major banks for committing over 20…
FG Hopeful Dangote Petroleum Refinery, NNPC, And Other Modular Refineries Will Meet Nigerians PMS Demand
The 650,000bpd Dangote Petroleum Refinery, Nigerian National Petroleum Corporation (NNPC) and other modular refineries are expected to be the major…
Nigerian Sovereign Investment Authority Allocation To Be Blocked By House Of Rep Finance Committee
The House of Representatives’ Committee on Finance has vowed to block allocation to Nigerian Sovereign Investment Authority if it fails…
Tesla Recalls U.S Vehicles Sold Since 2017 Due To Communication Error
Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or…
Elon Musk To Help Fight World Hunger With $6 Billion But With A Clause
Elon Musk is now worth more than $300 billion, and he’s apparently ready to start spending. The Tesla and SpaceX CEO —…
Chip Shortage Force Apple To Substitute Production Of Ipad Tablet For Iphone 13
Apple has cut back production of iPad tablets to allocate more components to the iPhone 13, a sign the global…
Electric Vehicle Start-Up “Rivian Automotive” Targets $54.6 Million
Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6 billion in its upcoming initial…
E-Naira:Phone Application For People Without Bank Account To Be Release Soon
The Chief Executive Officer of Bitt Inc., Brian Popelka, has said a phone application for people without bank accounts will…
Federal Government To Ensure The Reduction Of Insider Abuse Of Nuclear Assets
The federal government, through the National Atomic Energy Commission (NAEC), has underscored the need to ensure the reduction of insider…
Facebook Launch Programme Themed “My Digital World” In Sub-Saharan Africa Countries
Facebook has announced the launch of the 2021 edition of a digital literacy programme aimed at equipping young people and…
Introduction Of Hostile Economic Policies Drops Nigeria Volume Of Import Via Benin Republic By 95%
The volume of imports into Nigeria through its neighbor, Benin Republic, has continued on a downward slide through July and…
FRC Vows To Deal With Banks That Gives Loan To Government And Agencies Without Due Process
Fiscal Responsibility Commission has vowed to engage the services of the Independent Corrupt Practices and Other Related Offences Commission and…
Power Generation In Nigeria Dropped From 4,224.9MW To 3,844.3MW
Power generation in Nigeria dropped from a peak of 4,224.9MW on Sunday to 3,844.3MW by 6am on Monday, data obtained…
SEC Urge Stockbrokers To Create Innovative Financial Products
The Securities and Exchange Commission (SEC) has urged operators to create innovative financial products that would support businesses, boost market…
Nigeria Routes Airfares Surge Higher
The lingering shortage of foreign exchange in Nigeria has forced the naira to crash against the United States dollar on…