The Corporate Affairs Commission says the Nigerian National Petroleum Company Limited had made history for being the company with the highest share capital in the country. The Registrar General, Corporate Affairs Commission, Garba Abubakar, revealed this on Friday, in Abuja, while presenting the Certificate of Incorporation of the Company to the President, Major General Muhammadu…
Mr Mustapha Haruna, Director, Banking Supervision Department, CBN, has said that the apex bank would continue to monitor FinTech companies in Nigeria, as an important sector in its operations. Haruna, represented by Adekunle Adeniji, Assistant Director in the department, stated this at the end of the 31st Finance Correspondents and Business Editors seminar on Thursday,…
Ramallah, occupied West Bank – Palestinian and international rights groups have renewed a campaign demanding that digital payment giant PayPal stop excluding millions of Palestinians from accessing its services. As part of the #PayPal4Palestine initiative, the Haifa-based 7amleh digital rights group hosted a webinar on Thursday featuring Palestinian entrepreneurs and business managers who have faced…
he House of Representatives has called for urgent inclusion of Ajase-Ipo, Omu-Aran, Eruku-Egbe and Kabba road in the 2022 budget to address the deplorable condition of the road. This followed the adoption of a motion by Rep. Tunji Olawuyi, a member representing Ekiti, Isin, Irepodun and Oke-ero Federal Constituency of Kwara on the floor of…
The Director General of the Abuja Chamber of Commerce and Industry (ACCI), Ms Victoria Akai, has described the Dangote Group as the Flagship and the epicenter for Africa’s industrialisation. Speaking on the sideline of the Abuja International Trade Fair that was declared opened Monday, the DG said the conglomerate has placed Nigeria on the continental…
The White House is pressing major US airlines, many of which have a number of federal contracts, to mandate COVID-19 vaccines for employees in time to meet the deadline for federal contractors to do so, Reuters has reported, citing four sources. The US has directed all federal contractors to be vaccinated by December 8 and…
A Facebook Inc whistleblower has accused the social media giant of repeatedly prioritising profit over clamping down on hate speech and misinformation, and said her lawyers have filed at least eight complaints with the US Securities and Exchange Commission. Frances Haugen, who worked as a product manager on the civic misinformation team at Facebook, appeared…
Facebook, Instagram and the widely-used WhatsApp messaging service are gradually returning to normal after an hours-long global outage that disabled the Facebook-owned social media platforms for some six hours. In a post on rival platform Twitter on Monday evening, Facebook confirmed its apps were coming back online and apologised to users for a blackout that…
The National Bureau of Statistics (NBS) says that 31.7 per cent of youths in Nigeria lack access to bank loans to finance their businesses due to high interest rates.The bureau said this in its National Youth Survey for 2020, obtained from its website in Abuja on Monday.According to it, the report is a collaborative effort…
