Google is backing a return to the office with an investment that will expand its UK capacity by 50% and “reinvigorate” the work environment. The search giant is spending £730m ($1bn) and expects headcount to rise from 6,400 to 10,000. It is buying one of the London sites, Central Saint Giles, in which it is […]
Month: January 2022
Meta faces billion-pound class-action case
Up to 44 million UK Facebook users could share £2.3bn in damages, according to a competition expert intending to sue parent company Meta. Dr Liza Lovdahl Gormsen alleges Meta “abused its market dominance” to set an “unfair price” for free use of Facebook – UK users’ personal data. She intends to bring the case to […]
Why Nigerians should not wear military camouflage – General Irabor
The Defence Headquarters (DHQ) has advised Nigerians to shun the use of camouflage for now, although it is not against the law for civilians to wear military gear. For the Chief of Defence Staff, General Lucky Irabor, the present security situation does not allow the use of military gear by people who are not personnel […]
U.S. tightening policies, de-risking put Nigeria’s economy on red alert
A global tightening of developed economies, particularly as announced by the United States Federal Reserve System and other developed countries, has raised fresh panic about Nigeria’s investment outlook with capital flight feared to worsen in coming months if not checked. This comes as sources pointed out that Nigeria’s Monetary Policy Committee (MPC) is also contemplating […]
World’s largest trade deal: Mix of business and diplomacy
The world’s largest free trade pact, the Regional Comprehensive Economic Partnership (RCEP), could help export-reliant Asian companies and may be good diplomacy, experts say. The trade agreement went into effect Jan. 1. In Thailand, Prapaipan Manathanya has high hopes for what the trade deal will mean for her company. As the managing director of the […]
Nigerian entrepreneur, Joel Popoola, chosen to improve UK-Africa trade
A Nigerian tech entrepreneur, Joel Popoola, has been selected to head up a task force aiming to improve trading ties between Africa and the United Kingdom. Popoola, a digital democracy campaigner and creator of the Rate Your Leader app, is to lead a Special Interest Group for Africa established by the UK’s Institute of Directors […]
‘We are deeply committed to Nigeria,’ Twitter reacts to FG’s suspension lift
The microblogging site, Twitter has reacted to the Federal Government’s decision to lift the restrictions placed on it in Nigeria since June. “We are pleased that Twitter has been restored for everyone in Nigeria. Our mission in Nigeria and around the world is to serve the public conversation,” Twitter’s Public Policy team said in a […]
KFC faces boycott in China over meal toy promotion
A top Chinese consumer group has called for a boycott of a KFC meal promotion, saying it encourages food waste. The China Consumers Association (CCA) says the promotion sent some customers into a buying frenzy. KFC launched the promotion last week with Pop Mart, a Chinese toy maker known for its mystery boxes. Customers are […]
Kano govt approves N500m counterpart fund for climate project
The Kano State Government has approved N500 million counterpart fund for the implementation of a-six-year World Bank assisted project, “Agro Climatic Resilience in Semi-Arid Landscapes (ACReSAL).” The Commissioner for Information, Muhammad Garba, disclosed this while briefing newsmen on the outcome of the State Executive Council (SEC) meeting. Garba said the project focused at increasing the […]
FG, society to publish book on COVID-19
Minister of Health, Dr Osagie Ehanire, has signed a Memorandum of Understanding (MOU) with Society Committee Against COVID-19 (SOSOCOVID), to document government and stakeholders activities during COVID-19 pandemic. SOSOCOVID is a Non-Governmental Organisation (NGO). Ehanire, represented by Mr Okwudili Okechukwu, Director, Health System Strengthening Division in the ministry, said in Abuja that the project would […]