An Australian billionaire has launched a criminal case against Facebook, alleging the company failed to prevent scam ads that used his image. Andrew Forrest argues Facebook breached Australian anti-money laundering laws over the spread of cryptocurrency cons. He said it was the first time Facebook was facing a criminal case globally. Facebook’s owner, Meta, did […]
Gov. Babajide Sanwo-Olu of Lagos State has approved the creation of Tertiary Drains Squad (TDS) in the 57 Local Governments and Local Council Development Areas of the state. Mr Joe Igbokwe, the Special Adviser to the Governor on Drainage and Water Resources, made this known at Ikeja, on Wednesday. He said this during the second […]
South Africa’s tax authority has uncovered a 1.8-billion-dollar gold scam, in which coins and jewelry were illegally smelted into gold bars for sale overseas, a watchdog said Thursday. Between 2012 and 2020, the scammers bilked the government for 24.4 billion rand (1.8 billion dollars, 1.4 billion euros) by defrauding the tax system, the amaBhungane Centre […]
Tech giant Amazon has announced 1,500 new apprenticeships across the UK. The 40 schemes range from engineering to health and safety and includes more than 200 apprenticeships which are degree level. Amazon employs more than 70,000 staff in the UK and said the scheme would help more people get the skills in demand in the […]
United Kingdom and Nigeria are holding the first meeting of the Nigeria-UK Security and Defence Partnership Dialogue in London this week. Talks, led by UK National Security Adviser, Sir Stephen Lovegrove and Nigerian National Security Adviser, Major General Babagana Monguno, are scheduled to last for three days, and would be concluded on Wednesday. The Dialogue […]
A group of pharmaceutical companies and distributors agreed to pay $590 million to settle lawsuits connected to opioid addiction among Native American tribes, according to a U.S. court filing released Tuesday. The agreement is the latest amid a deluge of litigation spawned by the U.S. opioid crisis, which has claimed more than 500,000 lives over […]
The Chairman, Major Oil Marketers Association of Nigeria (MOMAN), Olumide Adeosun, has stated that the Federal Government’s suspension of the Petroleum Industry Act (PIA) would create more uncertainties in the nation’s downstream sector. Adeosun stated this on the sidelines of MOMAN’s subsidy workshop for journalists. He urged the present administration to be consistent with formulating […]
A bill seeking to enforce the teaching of Nigeria’s history across secondary and tertiary schools has been introduced in the Senate. Sponsored by Senator Adeyemi Oriolowo, the bill was read for the first time during Tuesday’s plenary in the Senate chamber of the National Assembly in Abuja, the Federal Capital Territory (FCT). It is titled […]
The Phase One of the Presidential Power Initiative will boost the reliability of electricity supply to 40 million people across the country, the Federal Government announced on Monday. It also stated that the PPI would create 11,000 direct and indirect jobs in Nigeria, as its aim was to improve the living standard of Nigerians through […]
The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators. Facebook’s announcement in 2019 of plans to design a cryptocurrency and payment system raised immediate red flags for global finance officials, who expressed a barrage of criticism about […]