A former Facebook employee has told US politicians that the company’s sites and apps harm children’s mental health and stoke division in society. Frances Haugen, a 37-year-old former product manager turned whistleblower, heavily criticised the company at a hearing in the Senate. Facebook has faced growing scrutiny and increasing calls for its regulation. Founder Mark Zuckerberg hit…
The United Kingdom has denied that it is facing fuel supply crisis. However, the UK’s Business Secretary, Kwasi Kwarteng, admitted that the fuel supply situation had been difficult. He said reserve tankers had been sent out from depots to help increase fuel distribution.
The legal battle between Rivers State and the Federal Inland Revenue Service over the collection of Value Added Tax have moved to the Supreme Court in Abuja. The Rivers State government wants the Supreme Court to overturn the ruling of the Abuja Division of the Court of Appeal, which ordered parties to return to the way things…
President Muhammadu Buhari says his administration is working hard to reposition the Nigerian economy as one of the best in the world. President Buhari made this known during the fourteenth Annual Banking and Financial Conference in Abuja. The President said the Covid-19 pandemic has offered Nigeria an opportunity to benefit from other emerging sectors, like the digital…
The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in fraudulent practices to obtain foreign exchange from banks. The apex bank issued the directive in a circular signed by its Director in the Banking Supervision Department, Haruna Mustafa. Mustafa outlined the…
Apple Chief Executive, Tim Cook has received more than five million shares in the technology giant, as he marks ten years in the job. A company filing with the US Securities and Exchange Commission shows that he sold most of the shares for more than seven hundred million dollars. It is part of a deal he struck…