The Victims Support Fund (VSF) on Thursday, donated N23 million to the families of officers of Nigerian Air Force, who died in a plane crash on May 21. The Executive Director, VSF, Prof. Nana Tanko, disclosed this in Abuja at the symbolic presentation of the cheques to the next of kin of the victims. Tanko […]
Hackers linked with the governments of China, Iran, North Korea and Turkey have moved to exploit a critical flaw in software used by big tech firms around the world, Microsoft warned late Tuesday. The activity from the foreign hacking groups includes experimentation with the vulnerability, integration into existing hacking tools and “exploitation against targets to […]
The African Development Bank (AfDB) says the newly launched Agro-Industrial Processing Zones in Nigeria has the potential to solve the country’s poverty, hunger and foreign exchange challenges. In an interview with the News Agency of Nigeria (NAN), Prof. Banji Oyelaran-Oyeyinka, Special Adviser on Industrialisation to the President of the AfDB, said if properly harnessed, the […]
The Nigeria Export Processing Zones Authority (NEPZA) has opposed some sections of the proposed Custom Service reform bill, saying that it will cripple Free Trade Zones in the country. A statement issued on Thursday in Abuja by Mr Martins Odeh, Head, Corporate Communications, NEPZA, said that giving the Customs Service powers to make regulations in […]
Social media platform Reddit has announced that it has started the process to sell its shares on the stock market. In a confidential filing, it did not reveal how many shares it planned to sell or the price of the shares. In August, the company said it had raised $700m (£528m) in new funding, valuing […]
Bruce Springsteen has sold the master recordings and publishing rights for his life’s work to Sony for a reported $500m (£376m). The deal gives Sony ownership of his 20 studio albums, including classics like Born To Run, The River and Born In The USA, according to multiple US reports. A 20-time Grammy winner, Springsteen’s music […]
Paris’ largest taxi firm, G7, has suspended the use of Tesla Model 3 cars in its fleet, after one was involved in a fatal accident over the weekend. One person was killed and another 20 injured, after a driver lost control of the vehicle. Tesla has denied any technical problem with the car, which has […]
Seven cryptocurrency adverts have been banned by the UK’s advertising watchdog. The Advertising Standards Authority (ASA) says monitoring cryptoassets, like Bitcoin, is a “red-alert priority” following concerns that many ads fail to fully convey the risks of investing. The banned ads included a promotion by a pizza chain and Facebook ads for a large cryptocurrency […]
The Board of Executive Directors of Islamic Development Bank (IsDB) has approved a multi-year financial facility programme of 98 million dollar for promotion of Bilingual Education in Nigeria. This is contained in a statement issued by Mr David Apeh, Head, Public Relations and Protocol, Universal Basic Education Commission (UBEC). The commission said that the programme […]
South Korea’s biggest dairy brand has been forced to apologise over an advert depicting women as cows. The video by Seoul Milk shows a man secretly filming a group of women in a field, who later turn into cows. After facing a public backlash, the company removed the promo from YouTube, but it has since […]