Day: November 14, 2024

The European Commission announced on Thursday that it has fined Meta €797.72m for violating EU antitrust regulations by linking its classified ads service, Facebook Marketplace, to its main social network, Facebook. The Commission stated on its website that this integration gives Meta an unfair advantage in the online classified ads sector, potentially harming competition and
Read More

The European Commission announced on Thursday that it has fined Meta €797.72m for violating EU antitrust regulations by linking its classified ads service, Facebook Marketplace, to its main social network, Facebook. The Commission stated on its website that this integration gives Meta an unfair advantage in the online classified ads sector, potentially harming competition and

Read More

Nigerian gospel film director Mike Bamiloye has shared an emotional tribute to the late Moses Korede Are, popularly known as “Baba Gbenro,” following the actor’s passing. In a Facebook post on Thursday, Bamiloye, the founder of Mount Zion Faith Ministries, revealed what would be Baba Gbenro’s last conversation with him before he was hospitalised. Recounting,
Read More

Nigerian gospel film director Mike Bamiloye has shared an emotional tribute to the late Moses Korede Are, popularly known as “Baba Gbenro,” following the actor’s passing. In a Facebook post on Thursday, Bamiloye, the founder of Mount Zion Faith Ministries, revealed what would be Baba Gbenro’s last conversation with him before he was hospitalised. Recounting,

Read More

The United States has added South Korea to its “monitoring list” of major trading partners whose currency practices call for closer attention, according to a Treasury Department report released Thursday. The semi-annual report looks into countries with large trade surpluses with respect to the United States that also actively intervene in foreign exchange markets to
Read More

The United States has added South Korea to its “monitoring list” of major trading partners whose currency practices call for closer attention, according to a Treasury Department report released Thursday. The semi-annual report looks into countries with large trade surpluses with respect to the United States that also actively intervene in foreign exchange markets to

Read More

The Federal Government of Nigeria is set to partner with the World Bank to modernise land administration in Nigeria. Our correspondent reports that this would be achieved by developing a National Land Digital System for the optimisation of land transactions, that would enable transparency, efficiency, and accessibility. Disclosing this on Thursday in Gombe, Minister of
Read More

The Federal Government of Nigeria is set to partner with the World Bank to modernise land administration in Nigeria. Our correspondent reports that this would be achieved by developing a National Land Digital System for the optimisation of land transactions, that would enable transparency, efficiency, and accessibility. Disclosing this on Thursday in Gombe, Minister of

Read More

Federal Capital Territory Minister, Nyesom Wike, has suspended the Executive Secretary of the Federal Capital Development Agency, Hadi Ahmad, indefinitely with immediate effect. This was made known in a statement by the Senior Special Adviser to the Minister on Public Communication and Social Media, Olalere Olayinka, on Thursday. Circumstances leading to or surrounding the suspension
Read More

Federal Capital Territory Minister, Nyesom Wike, has suspended the Executive Secretary of the Federal Capital Development Agency, Hadi Ahmad, indefinitely with immediate effect. This was made known in a statement by the Senior Special Adviser to the Minister on Public Communication and Social Media, Olalere Olayinka, on Thursday. Circumstances leading to or surrounding the suspension

Read More

The Senate has proposed prison sentences of up to 10 years, fines of at least N20m or both, on promoters and operators of Ponzi and other illegal investment schemes. This Bill Investment and Securities Bill, 2024, which has passed its second reading, aims to repeal the existing Investment and Securities Act of 2007 and replace it with
Read More

The Senate has proposed prison sentences of up to 10 years, fines of at least N20m or both, on promoters and operators of Ponzi and other illegal investment schemes. This Bill Investment and Securities Bill, 2024, which has passed its second reading, aims to repeal the existing Investment and Securities Act of 2007 and replace it with

Read More