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WhatsApp May Withdraw from Nigeria Over FCCPC’s Demands and $220M Fine

WhatsApp may withdraw from Nigeria over FCCPC’s demands, including its $220M fine

Advertisement WhatsApp might exit Nigeria due to orders from the Federal Competition and Consumer Protection Commission (FCCPC) and a substantial $220 million fine, as reported by TechCabal. Sources familiar with the situation indicate that Meta, WhatsApp’s parent company, is contemplating “withdrawing certain services” in the country. A Meta spokesperson explained to TechCabal that complying with … Read more

Google Introduces AI in Search, Promising Enhanced User Experience

Google Introduces AI in Search, Promising Enhanced User Experience

Advertisement Google has unveiled a transformative update to its search engine, placing a significant emphasis on responses generated by artificial intelligence (AI) rather than traditional website links. This ambitious move aims to enhance the speed and relevance of information retrieval, although it may disrupt existing internet traffic patterns that underpin revenue generation for many websites. … Read more

FCCPC Declares War on Loan Apps To Save Nigerians From Harassment

Harsh Economy: More Nigerians Besiege Loan Apps for Credit, Lenders' NPLs Rise

Advertisement FCCPC’s Declaration of War on Loan Apps: Safeguarding Nigerians from Harassment.    In a decisive move aimed at protecting consumers from the pervasive harassment and intimidation tactics employed by certain loan apps, the Federal Competition and Consumer Protection Commission (FCCPC) in Nigeria has vowed to take stringent measures against these platforms, colloquially known as … Read more

Abia Govr. Otti Enacts Law Ending Pensions for Former Governors and Deputies

Gov. Otti Signs Law Repealing Payment of pensions to former Abia Govs, Deputies

Advertisement Governor Otti Signs Law Repealing Payment of pensions to former Abia Govs, Deputies.   Governor Alex Otti of Abia State has taken decisive action by signing into law the abolition of pension payments for former governors and deputy governors of the state. This move comes after Governor Otti spearheaded an Executive Bill aimed at … Read more

U.S. DOJ, 16 States Sue Apple Over Anti-competitive Practices

U.S. DOJ, 16 States Sue Apple Over Anti-competitive Practices

Advertisement Lawsuit Against Apple: U.S. DOJ and 16 States Allege Anti-Competitive Practices.   In a significant legal development, the United States Department of Justice (DOJ) and 16 states have initiated legal action against Apple, alleging anti-competitive behavior aimed at perpetuating its dominance in the smartphone market. The lawsuit, filed recently, centers on accusations that Apple … Read more

Uganda To Add Abuja To Its Airline Routes, Seeks Increased Business With Nigeria

Uganda Expands Airline Routes to Include Abuja, Aims for Enhanced Business Ties with Nigeria

Advertisement Uganda Expands Airline Routes to Include Abuja, Aims for Enhanced Business Ties with Nigeria.   The government of Uganda is poised to bolster its business engagements with Nigeria, signaling its intention to soon incorporate Abuja into the roster of destinations serviced by Uganda Airlines. This development was disclosed by the Ministry of Foreign Affairs … Read more

NIN Database: NDPC Probes Alleged Privacy Breach at NIMC

NIMC Suspends Third-party Agents from NIN Registration as CBN's Revalidation Deadline Nears

Advertisement Investigation Launched into Alleged Privacy Breach in NIN Database by NDPC.   The Nigeria Data Protection Commission (NDPC) has initiated a probe into potential privacy breaches within the National Identification Number (NIN) database, overseen by the National Identity Management Commission (NIMC). In response to growing public concerns regarding reports of unauthorized access to personal … Read more

CBN Interventions: Farmers, Agric Firms Fail to Repay N380.97 Billion Due Loans

CBN To Hold Its First MPC Meeting Under Yemi Cardoso On February 26 and 27

Advertisement Challenges in Repayment of CBN Agricultural Loans Reach N380.97 Billion.    In Nigeria, farmers and agricultural firms are facing significant hurdles in repaying loans totaling N380.97 billion, sourced from various intervention programs by the Central Bank of Nigeria (CBN). These loans, aimed at fostering agricultural development, have become a pressing concern as the deadline … Read more

Nigeria Emerges as Africa’s Top Importer of Refined Petrol from Europe – S&P

FG Eyes $22.82 billion From 1068 Approved Oil Projects in Nigeria

Advertisement Nigeria becomes Africa’s largest importer of refined petrol from Europe – S&P Insights.   In a recent analysis by S&P Global Commodity Insights, Nigeria has solidified its position as Africa’s primary importer of refined petrol, driven by a surge in petrol shipments from Europe to the continent. The ban on Russian oil by the … Read more

UK Introduces Immigration Salary List (ISL) to Shape Skilled Migration Trends

UK introduces Immigration Salary list (ISL) to reduce net migration of skilled workers

Advertisement UK introduces Immigration Salary list (ISL) to reduce net migration of skilled workers.   In a significant move aimed at reshaping its immigration landscape, the UK government has recently implemented sweeping changes, including a substantial 48% increase in the salary requirement for skilled worker visas. Alongside this adjustment, the government has discontinued the Shortage … Read more