Sales at the tech giants Alphabet and Microsoft have slowed sharply, adding to fears of a downturn in the economy. Alphabet, which owns Google and YouTube, said sales rose just 6% in the three months to September, to $69bn, as firms cut their advertising budgets. It marked the US firm’s weakest quarterly growth in nearly […]
The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. The new design and issues will be effective from December 15, 2022. The action was taken in order to take control of the currency […]
Mercedes has become the latest Western company to pull out of Russia, following the invasion of Ukraine in February. The German-based firm stopped manufacturing in and exporting to the country in early March. But now it says it will withdraw from the Russian market and sell shares in its subsidiaries to a local investor. Japan’s […]
The Lagos State Traffic Management Authority has cautioned motorists against causing serious traffic gridlock while queuing up for fuel at filling stations. The General Manager of LASTMA, Mr. Bolaji Oreagba, issued the warning on Tuesday while deploying more Officers of the Authority on monitoring traffic around filling stations across the State. A statement by the […]
The Chairman of the Nigerian Universities Ranking Advisory Committee (NURAC), Prof. Peter Okebukola has commended the performance of Nigerian universities in the Times Higher Education 2023 Subject Rankings released on Oct. 25. This is contained in a statement issued by Okebukola in Abuja on Wednesday. Okebukola, who is also a member of the international advisory […]
The Court of Appeal says the transfer of 21 justices to various divisions has nothing to do with the judgment of the court that discharged and quashed the terrorism charges against the leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu. Contrary to some media reports, the appellate court said that the postings […]
The messaging app, WhatsApp, is back after millions of users of the social media platform were unable to send, and receive messages. Nigerians and other users of the instant communication app, owned by Meta, had reported that they were unable to either receive or send messages. Tuesday’s outage began around 8:00 am with several of […]
The Managing Director of the Nigerian Ports Authority, Mohammed Bello-Koko has explained that rogue vessels engaged in crude oil theft on Nigerian waters go undetected because they turn off their Automatic Identification System (AIS). Koko briefed State House correspondents on Tuesday in Abuja, saying such ships evade arrest because they switch off their onboard automated […]
The National Commissioner of the Nigeria Data Protection Bureau (NDPB), Dr Vincent Olatunji has formally presented the draft of the National Data Protection Bill. Olatunji presented it to the Minister of Communication and Digital Economy, Prof. Isa Pantami for onward transmission to the Federal Executive Council (FEC) for its approval. The External Communications Manager, Nigeria […]
Adidas had ended its partnership with Ye, also known as Kanye West, with “immediate effect.” In a statement Tuesday, the sportswear maker said it “does not tolerate antisemitism and any other sort of hate speech” and said that his recent comments were “unacceptable, hateful and dangerous.” Adidas said they violated the company’s “values of diversity […]