A US regulator says it is watching events at Twitter with “deep concern” after the platform’s top privacy and compliance officers reportedly quit. The Federal Trade Commission (FTC) said new chief executive Elon Musk was “not above the law”. Separately, Mr Musk reportedly told employees that bankruptcy is not out of the question for Twitter. […]
The Minister of Aviation, Sen. Hadi Sirika, says the implementation of the aviation roadmap will create 72,300 jobs within three years. Sirika stated this in Abuja at the third edition of the “President Muhammadu Buhari’s Administration (PMB) Scorecard 2015-2023″ programme. According to the minister, 9,100 direct jobs and 63,200 indirect jobs will be created within three […]
The price of Bitcoin has touched a two-year low after the world’s biggest cryptocurrency exchange pulled out of a deal to rescue its smaller rival. The price of other digital coins also fell after Binance scrapped its deal to buy FTX, citing due diligence concerns. It has left FTX customers unable to make withdrawals from […]
President Muhammadu Buhari on Wednesday said he met with His Royal Majesty, King Charles III in Buckingham Palace to foster Nigeria’s bilateral relationship with the United Kingdom. In an interview after meeting the 73-year-old monarch, Buhari said King Charles III asked him whether he has a house in the UK or not. “He (King Charles […]
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has recommended over N10 billion for approval and disbursement from the stablisation fund account of the Federal Government. This is contained in a statement by Mr Christian Nwachukwu, Press Relations Officer, RMAFC on Thursday. Chairman of the Commission, Mr Mohammed Shehu Bello disclosed this in Abuja. The […]
Elon Musk has told Twitter staff that remote working will end and “difficult times” lie ahead, according to reports. In an email to staff, the owner of the social media firm said workers would be expected in the office for at least 40 hours a week, Bloomberg reported. Mr Musk added that there was “no […]
The Federal Government says it will not allow any social media platform to plunge Nigeria into crisis. The Minister of Information and Culture, Alhaji Lai Mohammed, said this on Thursday in Abuja at the third edition of the “President Muhammadu Buhari’s Administration (PMB) Scorecard 2015-2023” programme. The News Agency of Nigeria (NAN) reports the PMB […]
A Federal High Court in Abuja has fixed the 15th of December, 2022 for the hearing of a N100B Suit filed against President Muhammadu Buhari over an alleged unlawful removal of Senator Ifeanyi Ararume as a non Executive Chairman of the newly Incorporated Nigeria National Petroleum Company, (NNPC). Senator Ararume is claiming the sum from […]
Meta, which owns Facebook, Instagram and WhatsApp, has announced that it will cut 13% of its workforce. The first mass lay-offs in the firm’s history will result in 11,000 employees, from a worldwide headcount of 87,000, losing their jobs. Meta chief executive Mark Zuckerberg said the cuts were “the most difficult changes we’ve made in […]
Nigeria’s public debt stock rose from N35.46 trillion (US$86.57 billion) in the second quarter of 2021 to N42.84 trillion (US$ 103.31 billion) in the second quarter of 2022. This includes external and domestic debt, according to the National Bureau of Statistics (NBS) in its Nigerian Domestic and Foreign Debt Report for Q2 2021 to Q2 […]