Business
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‘I Do Not Owe AMCON N569 Million’ – Donald Duke Clarifies
Donald Duke, a former Cross River State Governor on Thursday, September 12, 2019, denied ever owing the Asset Management Corporation of Nigeria, AMCON, N537,334,360.77.
He...
Facebook Exposed 400 Million Phone Numbers In Privacy Lapse – Reports
Phone numbers linked to more than 400 million Facebook accounts were listed online in the latest privacy lapse for the social media giant, US...
Google Settles To Pay $170 Million Fine Over YouTube Privacy Violations
Google’s YouTube will pay $170 million to settle allegations by the Federal Trade Commission and the New York attorney general that it earned millions by illegally collecting personal...
MTN Nigeria Shuts Office In Lagos Following Reprisal Attacks Over Xenophobia In South Africa
The MTN Nigeria outlet in Ikeja, Lagos has been shut after some Nigerians took to the streets to protest xenophobic attacks against Nigerians in...
$9.6 Billion Fine: UK Firm Advises Buhari To Appoint A Negotiator Instead Of ‘Sham Probe’
The Process and Industrial Developments, on Sunday, September 1, 2019, expressed its readiness to negotiate with Nigeria over the $9.6 billion judgment of a...
Irish Firm Says Nigerians Should Blame Malami Over $9.6 Billion Nightmare Court Judgement (DETAILS)
The Irish company, P&ID trying to make Nigeria poorer with a charge of $9.6 billion on national assets, said the country should hold Attorney...
Nigeria Risks Losing $400 Million Due To Rice Smuggling – Nigerian Market Association
Rice Processors Association of Nigeria, RIPAN, has said Nigeria risks the loss of over $400 million to rice smuggling if the over one million...
Oil Pipeline Vandalism Rises By 77% In One Month – NNPC
The Nigerian National Petroleum Corporation, NNPC, on Sunday, August 25, 2019, said it recorded 77 per cent rise in cases of oil pipeline vandalism...
Nigeria Extracted 692 Million Barrels Of Crude Oil In 2017 – Report
The Nigeria Extractive Industries Transparency Initiative, NEITI, says that 692 million barrels of crude oil was produced in the country in 2017.
NEITI disclosed this...
Federal Court Restrains Indian From Hostile Takeover Of 3 Nigerian Firms
Federal High Court in Lagos on Wednesday, August 21, 2019, restrained three Indians from taking over three firms – Bolawole Enterprises Nigeria Ltd, Lesag...
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Fayose’s 2014 Campaign Funds Trial To Resume October 21
The trial of Ayodele Fayose, the former Governor of Ekiti State, will now resume on October 21, 2019, before a Federal High Court in...
